Local share prices weakened further as investors worry over the new strain of the coronavirus that is causing a spike in COVID-19 cases. The main index dropped 86.33 points or 1.21 percent to close at 7,047.85 as all sectors lost ground. Volume remained high at 22.68 billion shares worth P11.91...
Olympic-bound athletes boxer Eumir Felix Marcial, pole vaulter EJ Obiena, gymnast Carlos Yulo, boxer Irish Magno (Handout Photos) Filipino athletes who have earned slots in the Tokyo Olympics this year are delighted by the government’s effort to have them vaccinated against COVID-19. While there...
Philippine share prices retreated after US markets opened the year in the red on concerns over COVID-19 and the run-off elections in Georgia. The main index lost 63.32 points or 0.88 percent to close at 7,134.18 with only the Industrial counter holding its ground. Volume increased to 30.76 billion...
Philippine Olympic Committee (POC) president Bambol Tolentino believes budget will not be an issue in providing free COVID-19 vaccinations for national athletes. The idea is doable as far as the Tagaytay City representative is concerned since there are only more than 1,000 athletes in the national...
The Philippines today slapped a provisional safeguard duty against imported passenger cars and light commercial vehicles (LCVs) to protect the domestic motor vehicle manufacturing industry from the onslaught of imported vehicles, a move that will hit Thailand and Indonesia the most being the top...
Stock market investors started the new year with optimism, pushing the main index up on the first trading day of 2021. Photo credit: (https://www.pse.com.ph/) The PSEi rose 57.79 points or 0.81 percent to close at 7,197.50 with only the Financials sector retreating. A hefty 21.55 billion shares...
The country’s highest sports officials are confident the 2021 Tokyo Olympics will still push through despite recent reports that Japan is poised to declare a state of emergency as COVID-19 cases soar in the East Asian nation's capital and three surrounding prefectures. Philippine Olympic...
The Department of Trade and Industry (DTI) has stood its ground stating it does not need the concurrence from the Tariff Commission (TC) to adjust a safeguard duty rate on a particular import that has been causing injury or serious threat to a domestic industry. This was stated by Bureau of Import...
Olympic Rings are seen a the headquarters of the International Olympic Committee (IOC) in Lausanne, amid the spread of the COVID-19. (Photo by Fabrice COFFRINI / AFP) Amid the slew of cancelled sports spectacles worldwide last year, the sputtering attempts to restart in empty arenas stalled events,...
Electricity consumers will be greeted with a “Happy New Year rate hike” as they will need to pay more as subsidy to renewable energy (RE) projects via the feed-in-tariff allowance (FIT-All) line item in the electric bills that had been jacked up to P0.0983 per kilowatt hour (kwh), almost double...
Olympic-bound athletes boxer Eumir Felix Marcial, pole vaulter EJ Obiena, gymnast Carlos Yulo, boxer Irish Magno (Handout Photos) Euphoria still hasn’t subsided following the country’s overall championship victory at the 2019 Southeast Asian Games when pandemic hit the country early in 2020....
Philippine Sports Commission (PSC) chairman Butch Ramirez believes the country can still produce more than 10 qualifiers to the 2021 Tokyo Olympics despite the challenges brought by the pandemic. Ramirez’s assessment is based on the athletes’ performances over the last two years that include...
