The Philippine Stock Exchange index (PSEi) fell on Monday, Sept. 15, weighed down by weakening peso and growing concerns over protests against corrupt politicians, public officials, and contractors. The main index lost 51.78 points, or 0.85 percent, to close at 6,057.43. Banks led the retreat,...
A man was killed by his friend during a drinking session in Monterey Hills, Barangay Silangan, San Mateo, Rizal on Sept. 13, the Rizal Police Provincial Office (Rizal PPO) said. Rizal PPO Director Col. Feloteo Gonzalgo identified the suspect as alias Kiko and the victim as alias Jhoe. Based on the...
RIZAL, Cagayan – A policeman was gunned down by a colleague in a checkpoint in Barangay Gaddangao here on Saturday night, Sept. 13. The fatality was identified as Danny of Barangay Poblacion, Piat, Cagayan. Investigation said the suspect, Ali, of Solana, Cagayan, arrived at the checkpoint and...
The Philippine Stock Exchange index (PSEi) dipped on the last trading day of the week as the market continued to trade sideways despite lower-than-expected United States (US) inflation. The main index shed 17.68 points, or 0.29 percent, to close at 6,109.21 on Friday, Sept. 12. It was led by the...
The Philippine Stock Exchange index (PSEi) closed slightly higher Thursday, Sept. 11, as investors maintained a wait-and-see stance ahead of the US inflation report for August. The main index added 6.8 points, or 0.11 percent, to finish at 6,126.89. While the Banks and Services sectors advanced,...
Authorities are hunting down two motorcycle-riding gunmen who shot and injured a 42-year-old man in Barangay San Jose, Rodriguez, Rizal on Tuesday, Sept. 9. The Rodriguez Municipal Police Station (MPS) said the incident occurred on Tuesday afternoon while the victim was riding his motorcycle toward...
The Philippine Stock Exchange index (PSEi) dropped on Monday, Sept. 8, as investors took profits and focused on the ongoing hearing into alleged corruption in flood control projects. The PSEi fell by 47.27 points, or 0.77 percent, to close at 6,101.86. The Bank and Conglomerate sectors led the...
RCBC Leasing and Finance Corp. (RLFC), a wholly owned subsidiary of Rizal Commercial Banking Corp.(RCBC), is using fresh capital infused by Japan’s Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL) to fund its nationwide expansion in the next five years. Last month, RLFC and SMFL...
Authorities are looking into faulty electrical wiring as the cause of the fire that hit a factory of a wood lumber supplier in San Mateo, Rizal early Saturday, Sept. 6. The San Mateo Municipal Police Station (San Mateo MPS) said that the incident was reported to them at around 3:45 a.m.,...
The local stock market extended gains as investors continued to pick up bargains after the August inflation rate, while higher, came within target. The main index rose by 42.21 points, or 0.69 percent, to close at 6,149.13. The services sector led the advance, although banks dipped slightly. Volume...
While the Philippines is exploring the re-entry of nuclear power, securing financing may prove challenging as some local banks remain cautious about backing such projects. In an exclusive interview, Michael Ricafort, Chief Economist at Rizal Commercial Banking Corp. (RCBC), explained that the high...
The Philippine Stock Exchange index (PSEi) dropped to the 6,000 level after breaching its support on Wednesday, Sept. 3, as political noise and US tariff issues continue to dampen investor sentiment. The main index closed at 6,082.93, down 45.96 points or 0.75 percent. The Property sector led the...
