The Philippine Stock Exchange index (PSEi) opened the week lower as early bargain-hunting gave way to concerns over rising tensions in the Middle East. The main index shed 20.98 points, or 0.33 percent, to close at 6,265.72. Miners led the retreat, while services was the only sector to finish in...
Following the rollout of contactless fare payments on Light Rail Transit Line 2 (LRT-2), the government is targeting the launch of the same system on LRT-1 to ease payment bottlenecks and address ticket and Beep card shortages. Starting on Monday, July 13, LRT-2 commuters may use Visa or Mastercard...
A 35-year-old American was shot dead by two motorcycle-riding men during a robbery in Teresa, Rizal, on Friday, July 10. According to the Teresa Municipal Police Station, the victim was walking in Barangay San Roque when the suspects confronted him. He resisted, prompting them to flee, but they...
The Philippine Stock Exchange index (PSEi) resumed its upward trajectory on Friday, July 10, after the previous trading day’s breather, as easing United States (US)-Iran tensions and a vote of confidence in the Philippine economy from US aid agency Millennium Challenge Corp. (MCC) lifted investor...
Local equities rose for a sixth consecutive day as heavy buying in port operator International Container Terminal Services Inc. (ICTSI) countered afternoon profit-taking triggered by escalating tensions in the Middle East. The Philippine Stock Exchange index (PSEi) advanced 28.66 points, or 0.46...
Authorities are investigating the motive behind the killing of a 42-year-old tricycle driver who was stabbed to death inside his house in Rodriguez, Rizal, on Tuesday, July 7. The Rodriguez Municipal Police Station said the victim, identified as “Melvin,” was inside his house in Barangay...
Local equities extended their winning streak to a fifth consecutive session as market sentiment received a boost from a slower-than-expected inflation print for June. The Philippine Stock Exchange index (PSEi) edged up 23.12 points, or 0.37 percent, to finish at 6,247.11 on Tuesday, July 7. Despite...
A 42-year-old sampaguita vendor was killed after being struck with a glass bottle and stabbed following an argument during a drinking session in Antipolo City, Rizal, on July 5. The Antipolo Component City Police Station (Antipolo CCPS) said the incident occurred around 11:25 p.m. at Sitio Gumamela...
A jeepney driver and 10 passengers were hurt when their vehicle slammed into a post in Antipolo City on Monday morning, July 6, after an alleged brake failure. The Rizal Police Provincial Office (Rizal PPO) said the incident occurred at around 7:10 a.m. when the jeepney 's brakes allegedly...
The Philippine Stock Exchange index (PSEi) rose for the fourth day on Monday, July 6, on expectations of a lower June inflation rate, although late profit-taking pared most of the day’s gains. The main index added 35.96 points, or 0.58 percent, to close at 6,223.99. Banks led the advance, while...
The Bangko Sentral ng Pilipinas (BSP) is delaying the selection of four new digital banking players as it seeks to reconcile conflicting regulatory tracks for different types of applicants. While the market anticipated the entry of the new digital lenders as early as the first quarter, BSP Governor...
Authorities are investigating an alleged case of contaminated bottled mineral water after a 63-year-old store owner and a 20-year-old customer were hospitalized following its consumption in Antipolo City. The Antipolo Component City Police Station (Antipolo CCPS) said the incident occurred on the...
