While the stock market will obviously be reacting to the conduct and the outcome the elections, it will also have its eyes on the release of the first quarter gross national product figure as well as more corporate earnings results. “Chartwise, the PSEi’s 50-day exponential moving average (EMA)...
The Armed Forces of the Philippines (AFP) is monitoring the security situation in 114 cities and municipalities that were placed under the red category of the Commission on Elections (Comelec), which means that there is a grave security concern there, and those that were under total control by the...
Retired Supreme Court Senior Associate Justice Antonio Carpio has warned against the possible loss of the Philippine sovereignty over the West Philippine Sea (WPS) if presidential aspirant Ferdinand "Bongbong" Marcos Jr. wins in the upcoming elections. Carpio, known for his fight to assert the...
The local stock market fell amid uncertainties before Monday’s elections as well as due to weaker US bourses overnight. The PSEI dropped 109.02 points or 1.59 percent to close at 6,759.90 as the Property sector led the retreat although the Services counter bucked the trend and eked out a gain....
A total of 165 families in Daraga and Guinobatan, Albay who lost their homes due to lahar flooding were given new homes by the Philippine Red Cross (PRC). PH Red Cross' relocation site in Bubulusan, Guinobatan (Photo courtesy of PRC) PRC has recently handed the displaced families their certificate...
Philippine Airlines (PAL) has increased its Manila to Bacolod City flights to five times per day to cater to the domestic travel demand surge after provincial border restrictions eased, the flag carrier announced Friday, May 6. This May, PAL started offering an additional roundtrip daily flight...
The country's trade deficit ballooned further in March as Philippines imported more goods from its trading partners, outpacing the growth in exports of local products following the reopening of the domestic economy from quarantine restrictions. The Philippine Statistics Authority (PSA) reported on...
Selling coffee branded Philippine-made has become a marketing trend for cafes. It has become a way to appeal to coffee drinkers who want to drink sustainable coffee while supporting the local industry. But selling coffee with Philippine origins comes with a lot of responsibilities, according to Ros...
Unemployment rate fell to a new record-low since the start of the pandemic as the majority of the country shifted to the least stringent alert level beginning March, the Philippine Statistics Authority (PSA) reported. Data from the PSA showed on Friday, May 6, that the country’s jobless rate...
Stephan Schrock and Jovin Bedic lead the national U-23 team’s bid to start off its 31st Southeast Asian Games campaign in Vietnam on a high note against Timor-Leste Friday, May 6 at the Viet Tri Stadium. The Philippine Azkals captain along with the striker of Kaya-Iloilo were added as the two...
The local stock market rose further after the US Fed assured that it will not be aggressive in raising rates as many fear. PSE The main index rose 66.19 points or 0.97 percent to close at 6,868.92 as the Mining and Oil counter surged and led gains across the board. However, volume dipped to 1...
The Ukrainian government has expressed its appreciation for the Philippine government for its stand on the Ukraine-Russia conflict as it also called on the Filipino community to fight disinformation justifying the ongoing war. Non-resident Ukrainian ambassador to the Philippines Olexander...
