A 69-year-old senior citizen tagged as Calabarzon region 's most wanted person for the crime of murder was finally caught by the police in Antipolo City on Thursday, May 29. The suspect was identified as "Joel," a former soldier. He was arrested in Barangay San Jose after more than 10 years of...
The PSEi dipped again as investors remained cautious and took profits late in the trading day after President Marcos asked heads of government controlled corporations to resign for another top level reshuffling. The main index shed 12.99 points or 0.20 percent to finish at 6,412.81 with Miners...
Three individuals wanted for the brutal killing of a 45-year-old construction worker over missing gamecocks surrendered to police on May 26, the Rizal Police Provincial Office (Rizal PPO) said. The suspects, identified as "Rojim,; "Jojo," and "Tony," were listed as the No. 2 most wanted persons at...
Police operatives arrested 70 individuals allegedly involved in an online investment scam during a raid on an office building in Barangay San Roque, Antipolo, Rizal, on Tuesday, May 27. The operation was spearheaded by the Philippine National Police Anti-Cybercrime Group (PNP-ACG), Securities and...
The PSEi declined on mixed trading as investors waited for the release of economic data due this week. The main index shed 23.16 points or 0.36 percent to close at 6,389.94 with sectoral indices equally divided. Volume was low at 486 million shares worth P4.74 billion as gainers outnumbered losers...
Stock investors are expected to take cues from the release of a slew of data this week, which includes the Philippines’ budget and trade balance numbers as well as US gross domestic product and jobless claims. Rizal Commercial Banking Corporation Chief Economist Michael L. Ricafort said upcoming...
After reducing the number of shares for its initial public offering (IPO), Maynilad Water Services Inc. may tighten the offer price to between ₱12 and ₱14 per share from its initially indicated maximum offer price of ₱20 per share based on investor interest during its ongoing bookbuilding...
The PSEi rose on the last trading day of the week as uncertainties eased after President Marcos chose to keep his economic team intact after asking his cabinet secretaries to tender their courtesy resignations. The main index jumped 107.73 points or 1.71 percent to close at 6,413.10 as Banks led...
A man celebrating his birthday and his three friends were nabbed in a drug den during a buy-bust operation launched by the Rodriguez, Rizal Police and Philippine Drug Enforcement Agency (PDEA), authorities said on Thursday, May 22. Police said the operation was conducted on May 20 in Barangay San...
The Philippine Stock Exchange Index (PSEi) resumed its downward trek after a day’s pause as investors cashed out while waiting to see how the President will reconstitute his cabinet. The main index dropped 69.98 points or 1.10 percent to close at 6,305.37 with only the Mining sector managing...
The Yuchengco Group’s Rizal Commercial Banking Corporation, one of the largest banks in the Philippines, is planning raise a still-undetermined amoung from an offering of fixed rate peso-denominated bonds. In a disclosure to the Philippine Stock Exchange, the bank said the bonds will be issued...
The local equities market finally bounced after a five-day correction as investors began to pick up cheaper stocks. The main index added 40.02 points or 0.63 points to close at 6,375.35 led by the jump in the Mining sector on the back of higher gold prices. Volume was relatively stable at 712...
