As part of its goal to quickly deliver humanitarian services and help alleviate the suffering of Filipinos in need, the Philippine Red Cross intensified its efforts to aid affected individuals following the destructive magnitude 7.0 earthquake on July 27. The epicenter of the quake was traced three...
Semirara Mining and Power Corporation (SCC) is returning to the 30-company PSE index (PSEi), replacing Security Bank Corporation (SECB), effective Monday, August 8, 2022. In a statement, the Philippine Stock Exchange said Semirara was qualified to be a member of the PSEi based on the results of the...
The PSEi dropped in the last trading day of the month as investors took profit from the previous day’s spike in prices. The main index lost 63.33 points or 0.99 percent to close at 6,315.93 as Conglomerates led the retreat although the Banks and Services counters continued to advance....
After so many heartbreaks in the past, Meralco guard Chris Newsome won’t let the chance to eliminate Barangay Ginebra slip away from their hands in Game 2 on Friday, July 29. Chris Newsome (PBA Images) Newsome and the Bolts are eager to finally put an end to the string of futility against the Gin...
The local stock market rallied on news that the US Federal Reserve may no longer need to raise rates as aggressively in the near term. The PSEi shot up by 142.50 points or 2.29 percent to close at 6,379.26 as Banks and Conglomerates led the charge. Volume improved but remained thin at 567 million...
Scientists were impressed by the level of environmental and social awareness showcased by senior high school students in their space mission proposals on top of their creativity in naming them during the recently-concluded Space Science Camp organized by the Philippine Space Agency (PhilSA)....
Revenues of the Philippine Amusement and Gaming Corp. (Pagcor) jumped 68 percent in the first six months of the year on the back of strong gambling income fueled by the relaxation of mobility restrictions in the country. Based on Pagcor’s financial statement posted on its website on Thursday,...
San Miguel Beer played like a well-oiled machine and dealt Blackwater a 30-point drubbing, 123-93, to advance to the semifinals of the 2022 PBA Philippine Cup at the Smart Araneta Coliseum on Wednesday, July 27. Marcio Lassiter (PBA Images) The Beermen flexed their might all-game long, breaching...
The PSEi managed to close higher after sluggish trading during the day as investors continue to wait for news from the US Federal Reserve. The main index eked out a gain of 13.76 points or 0.22 percent to close at 6,236.76 with Banks leading the advance while the Property sector lagged behind....
Bank of the Philippine Islands (BPI), through its wholly-owned subsidiary BPI Investment Management, Inc. (BIMI), is launching by mid-August 2022 the ALFM Real Estate Income Fund or ALFM REIF which will be worth up to P1 trillion. BIMI said that this is will be the first mutual fund in the country...
The Philippine Army (PA) and the Philippine Coast Guard (PCG) joined government responders in conducting humanitarian assistance and disaster response (HADR) operations for the victims of the strong earthquake that shook Abra and other parts of Luzon on Wednesday, July 27. (Photo courtesy of...
The Philippine Army (PA) confirmed Tuesday night, July 26, that a caliber .45 pistol found in the possession of Chao Tiao Yumol, the gunman behind the deadly shooting incident at the Ateneo De Manila University (ADMU) in Quezon City, originally belonged to an active soldier. Brig. Gen. Remus...
