Security Bank Corporation’s Trust and Asset Management Group (TAMG) expects the Philippine Stock Exchange index (PSEi) to hit the 8,000-mark by the end of the year as the economy rebounds in 2022. In a webinar, the group shared its 2022 outlook for the Philippines equities market and how the...
The local stock market rose after the government decided to reduce quarantine measures to Alert Level 1. The main index added 98.78 points or 1.37 percent to close at 7,311.01 as the Property sector surged to lead the advance although the Services counter lagged behind. Volume increased to 2.11...
Two years following its merger, state-run firm Philippine Guarantee Corp. (PHILGUARANTEE) spearheaded in its performance during the second year of the pandemic, with net income jumping by almost two-fold, the Department of Finance (DOF) reported. PHILGUARANTEE is the result from the merger of two...
Philippine Savings Bank (PSBank), a subsidiary of Metropolitan Bank and Trust Company, posted a 39 percent growth in net income to P1.5 billion last year. In a disclosure to the Philippine Stock Exchange, the bank said its “strong income performance was on the back of the increase in fee income...
Thirty-nine national sports associations have already submitted their tentative rosters for the 31st Southeast Asian Games in May, according to the Philippine Olympic Committee (POC). (MB File Photo) The Philippine team will be competing in 39 out of the 40 sports prepared by host country Vietnam,...
As the National Capital Region (NCR) and 38 other areas prepare to de-escalate to Alert 1 in its coronavirus disease (COVID-19) restrictions on March 1, Philippine Coast Guard (PCG) Officer-In-Charge, CG Vice Admiral Eduardo D. Fabricante has ordered all of his units to prepare for an increased...
The president of the Philippine Medical Association (PMA) on Monday, Feb. 28, told the public not to get complacent as Metro Manila sets to enter Alert Level 1 in March. (ALI VICOY / MANILA BULLETIN) In a Laging Handa Briefing, PMA President Dr. Benito Atienza reminded Filipinos to still observe...
Russian invasion, alert level to sway stocks By JAMES A. LOYOLA Russia’s invasion of Ukraine and its impact on global equities and other markets will continue to weigh on the local bourse although an easing of quarantine measures may give the PSEi a little boost. “Next week, the local market is...
The Philippine Navy’s Philippine Fleet (PN-PF) and the United States 7th Fleet (C7F) vowed to further strengthen their cooperation by holding more joint activities this 2022, PF acting commander Rear Admiral Nichols Driz said Sunday, Feb. 27. (Courtesy of Pacific Fleet) Driz said this was the...
Nonito Donaire, holding his WBC belt, poses with his family members and boxing team after knocking out compatriot Reymart Gaballo at the Dignity Health Sports Park in Carson, California last Dec. 11. (AFP) Six world class boxers, including the three who won medals in the Tokyo Olympics, will be...
A United States Navy ship dropped anchor in Manila for a regular port call as the Philippines reaffirmed its strong relations to the Western ally, the Philippine Navy (PN) confirmed on Sunday, Feb. 27. USS Tulsa (LCS-16) (Courtesy of United Statea Navy via Philippine Navy) Littoral combat ship USS...
The Philippine Council of Evangelical Churches (PCEC) denounced Russia's invasion of Ukraine saying it was heartless and unjustified. Photo PCEC FB "By invading Ukraine and completely violating international law...Russia has taken an illegal and immoral course for its action only results in...
