The local stock market is not seen to start strong on the first trading week of the new year as investors wait for fresh economic data that will hopefully serve as catalysts for a rally. “Investors may start 2024 still on a cautious note as there remains no catalyst for the local bourse....
Investors in the local stock market have reason to be guardedly optimistic about 2024 following a lackluster trading in 2023. “The expected improvement in macroeconomic indicators are poised to drive market conditions in 2024,” said Philippine Stock Exchange (PSE) President and CEO Ramon S....
The local stock market returned to the 6,500 level as share prices rode on positive sentiment in the US bourses. The main index rose by 56.31 points or 0.87 percent to close at 6,519.11 as the Industrial sector led all counters in the advance. However, volume dropped to 385 million shares worth...
After confirming the launch of the People's Republic of China's Long March 3B rocket, the Philippine Space Agency (PhilSA) issued a public warning about the risks posed to vessels passing through the debris drop zone. Estimated drop zones of the Long March 3B Launch. (PhilSA) "PhilSA advises on the...
China has declared anew it is the Philippines that is stirring trouble in the region, this time by saying it is Manila's change of policy and position over the South China Sea issue. Mao Ning, spokesperson for China's Foreign Ministry, said the responsibility supposedly "lies with the Philippines"...
The local stock market is seen to benefit this short trading week from a combination of window-dressing and profit-taking as well as the carry over of positive sentiment from expectations of rate cuts next year. “The final three trading days of the year will see a mix of window dressing and...
China Banking Corporation (Chinabank) has partnered with DeeMoney, Thailand’s leading Fintech money service business, to facilitate fast and convenient remittance from Thailand to the Philippines. In a statement, the bank said the partnership will allow it to connect via the RippleNet...
Senators have spoken their minds on China's recent pronouncements wherein it blamed the Philippines for the rising tensions in the West Philippine Sea (WPS). China said it was open to a dialogue with the Philippines to settle maritime disputes after President Marcos noted that Manila’s diplomatic...
​Top diplomats of the Philippines and China held a "frank and candid" conversation over both countries' relations when they recently talked by phone, which came amid growing differences in the South China Sea, the Department of Foreign Affairs (DFA) said Thursday, Dec. 21. DFA Secretary...
China said it is open for dialogue with the Philippines to settle maritime disputes after President Marcos noted that Manila’s diplomatic relations with Beijing appeared to be heading toward a "poor direction.” Photo courtesy of China's Foreign Ministry spokesman Wang Wenbin Wang...
Senator Joseph Victor “JV” Ejercito on Tuesday, December 19 renewed his call for a cessation of political bickering and instead urged Filipinos to unite against China’s consistent aggression and bullying especially in the West Philippine Sea. Ejercito made the appeal as he took note...
President Marcos wants a “paradigm shift” or a “new way” of dealing with China’s aggressive actions in the West Philippine Sea, revealing that he also plans to release a joint position with the Philippines’ regional and international partners on ways to de-escalate the tensions. ...
