The Philippine Stock Exchange index (PSEi) is still in the red on Tuesday, Sept. 30, as share prices dropped due to the weak peso and domestic uncertainties. The main index lost 44.14 points, or 0.74 percent, to close at 5,953.46. The property sector led the retreat, while miners and banks...
The Philippine Stock Exchange index (PSEi) dropped for the sixth straight session, breaking below the 6,000 level, as investors worried about the weak peso, the impact of corruption on infrastructure spending, and general weak investor confidence in the economy. The main index shed 29.52 points, or...
A 41-year-old motorcycle rider died in a collision with an Asian Utility Vehicle (AUV) in Cainta, Rizal, early Sunday, Sept. 28. According to the Cainta Municipal Police Station (Cainta MPS), the incident occurred at around 1:10 a.m. and was reported to them at around 3 a.m. by the Barangay Public...
The Philippine Stock Exchange index (PSEi) dropped to the 6,000 level on Thursday, Sept. 25, weighed down by the continued weakness of the peso and investor caution amid ongoing Senate hearings on corruption allegations. The main index lost 66.44 points, or 1.09 percent, to close at 6,042.28. The...
A 20-year-old man died after being accidentally hit on the head by a garbage truck 's support bar while throwing trash in Tanay, Rizal, on Tuesday morning, Sept. 23. According to the Tanay Municipal Police Station (Tanay MPS), the victim, identified as Jeffsy, went to the oval of Southville 10...
The Philippine Stock Exchange index (PSEi) continued its descent as the peso weakened, with investors awaiting positive news amid a corruption scandal. The main index shed 9.82 points, or 0.16 percent, to close at 6,108.72 on Wednesday, Sept. 24, as the Property sector led the decline among all...
A 29-year-old man was arrested for allegedly setting his neighbor’s house on fire in Rodriguez, Rizal, on Friday, Sept. 19. According to the Rodriguez Municipal Police Station (MPS), the suspect, identified as “Michael,” was arrested after a complaint was filed by the daughter of the owner of...
The local stock market ended the week at a high note as investor sentiment improved amid expectations of more rate cuts coupled with a steady credit rating for the Philippines. The main index added 30.87 points, or 0.5 percent, to close at 6,264.49 on Friday, Sept. 19. Sectoral indices were evenly...
The Philippine Stock Exchange index (PSEi) rose for the third straight day on Thursday, Sept. 18, after the United States Federal Reserve (US Fed) cut interest rates, as expected. The main index added 22.96 points, or 0.37 percent, to close at 6,233.62. Sector indices were evenly mixed, while...
The Philippine Stock Exchange index (PSEi) rose further on Wednesday, Sept. 17, on hopes that the Bangko Sentral ng Pilipinas (BSP) will slash rates further in tandem with the United States Federal Reserve (US Fed). The main index jumped by 61.92 points, or 1.01 percent, to close at 6,210.66. The...
The Philippine Stock Exchange index (PSEi) made a strong bounce on Tuesday, Sept. 16, as investors started bargain hunting, sparked by the possible inclusion of the Philippines in a JPMorgan bond index as well as the expected United States (US) rate cut. The main index surged by 91.31 points, or...
The Rizal Commercial Banking Corp. (RCBC) garnered four major accolades from leading regional and global award-giving bodies in recognition of its innovation, customer-centric solutions, and operational excellence. These awards include: Philippines Domestic Payroll Initiative of the Year at the...