The local stock market declined as investors were quick to take profits from the previous day’s rally. The main index dropped 55.16 points or 0.84 percent to close at 6,498.88 as Banks led the slide across the board. Volume thinned further to 182 million shares worth P3.11 billion as gainers...
After what it described as a safe and peaceful Yuletide celebrations, the Philippine National Police (PNP) is now focusing on the security measures for the Black Nazarene procession, or Traslacion 2024, on Jan. 9. PNP chief Gen. Benjamin Acorda, Jr. said the initial plan is to deploy around 13,700...
Senator Sherwin Gatchalian on Wednesday, January 3 called on the Department of Energy (DOE) to explain the continued delay in the submission of a new energy roadmap. Gatchalian pointed out the DOE is supposed to submit to Congress an updated energy roadmap by September 15 of each year...
The PSEi opened the new trading year with a bang as optimistic investors trickled back into the market. The main index surged 104 points or 1.61 percent to close the first trading session at 6,554.04 as Conglomerates and Services rallied to offset the decline of the Property and Mining counters....
The Philippine Stock Exchange (PSE) expects to raise P175 billion worth of capital in 2024 amid a more upbeat equities market with six companies seen to launch their initial public offerings (IPO) this year compared to just three in 2023. “Our capital raising forecast is P175 billion, around P40...
Despite the repeated warnings and aggressive actions for a safe New Year revelry, the Philippine National Police (PNP) has recorded four fatalities and at least 520 people injured due to firecracker-related incidents and indiscriminate firing across the country. PNP spokesperson Col. Jean Fajardo...
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 Philippine Stock Exchange index (PSEi) dropped 1.8 percent to 6,450.04 at the end of 2023 from its closing figure on the last trading day of 2022. The bourse said its daily average value turnover was at P6.09 billion in 2023, down by 16.5 percent from 2022’s P7.30 billion average. (L-R): PSE...
The Philippine Statistics Authority (PSA) said that the agency has successfully printed and dispatched over 50 million national IDs for Filipinos who have registered to the Philippine Identification System (PhilSys). In a statement, PSA Undersecretary Claire Dennis S. Mapa said a total of...
PCG Commandant, Admiral Ronnie Gil Gavan (File photo) The year 2023 was a "challenging" period for the Philippine Coast Guard (PCG) as it was mainly marked by the aggressive activities it endured and bravely faced from China in the West Philippine Sea (WPS). And so for 2024, the PCG is aspiring...
The Philippine Army shoots dead one of the five alleged Dawlah Islamiyah-Maute Group fighters who attacked the base of the Bravo Company of the 55th Infantry Battalion in Maguing, Lanao del Sur on Dec. 28, 2023. (Photo by 55IB) An alleged Dawlah Islamiyah (DI)-Maute Group fighter was killed after...
