Authorities are hunting down an unidentified suspect who stole a student’s motorcycle in Angono, Rizal, after he forgot to remove the key while hurrying for their school’s exam. The Angono Municipal Police Station (MPS) said the victim, a 22-year-old student, used his father’s motorcycle on...
Authorities seized about P572,560 worth of shabu and arrested six suspects in two separate buy-bust operations conducted in different barangays in San Mateo, Rizal. On Friday night, Aug. 8, the Station Drug Enforcement Team of the San Mateo Municipal Police Station (SDET-San Mateo MPS), in...
The Philippine Stock Exchange index (PSEi) registered an increase on Wednesday, Aug. 6, fueled by optimism that the Bangko Sentral ng Pilipinas (BSP) will cut key interest rates and support the peso. The main index gained 17.02 points, or 0.27 percent, to close at 6,370.65. Sectoral indices were...
Expectations of further cuts in key borrowing costs as early as this month have grown stronger, driven by last month’s nearly six-year low inflation and lingering economic threats from United States (US) tariffs. Following the below one-percent headline print in July, private-sector economists...
Authorities are hunting down four suspects who barged into a house and robbed Indian nationals of over P1.4 million worth of cash and valuables in Cainta, Rizal, on Tuesday, Aug. 5. The Cainta Municipal Police Station (Cainta MPS) said the incident occurred on Tuesday afternoon while the victims...
Two children, a four-year-old kindergarten student and a three-year-old daycare student, drowned after falling into a lake near Pritil Wharf in Barangay Bombong, Binangonan, Rizal on Monday, Aug. 4. Based on the police investigation, the victims, identified as Matthew Villariña and Joseph Julian...
The PSEi continued to rise on bargain hunting as investors anticipate a benign inflation rate for July while the peso also firmed up. The main index added 42.52 points, or 0.67 percent, to close at 6,348.65. Sectoral indices were equally divided, with the property counter leading advancers. A total...
A 64-year-old senior citizen and his accomplice were arrested in a buy-bust operation in Barangay San Andres, Cainta, Rizal on August 2. The Rizal Police Provincial Office (Rizal PPO) identified the suspects as alias Babeng, 64, tagged as a high-value individual (HVI) for illegal drugs, and alias...
Private-sector economists expect the Philippine economy to have expanded at a faster pace in the second quarter, compared to the first three months, driven by robust household consumption during the midterm election period, even amid external headwinds. The consensus growth forecast stands at 5.6...
The local stock market will be taking cues from several Philippine economic reports—including inflation, jobs, and gross domestic product (GDP)—as well as corporate earnings while the recent weakness of the peso and concern over United States (US) tariffs will continue to cast a shadow over...
Authorities confiscated around P680,000 worth of shabu from two suspected drug pushers, including a 68-year-old tagged as a high-value individual (HVI), during a buy-bust operation in Cainta, Rizal, on Saturday, August 2. The Rizal Police Provincial Office (Rizal PPO) identified the suspects as...
The local stock market finally paused from its six-day losing streak as investors finally decided to pick up bargains after the United States (US) extended its tariff deadline. The main index rose by 53.40 points, or 0.85 percent, to close at 6,306.13. Conglomerates led the advance, although miners...
