Yuchengco-led Rizal Commercial Banking Corporation (RCBC) announced the appointment of Reginaldo Cariaso as its new president and chief executive officer (CEO) effective Tuesday, July 1. Cariaso will be taking over the role that Eugene S. Acevedo held for nearly seven years, beginning in 2019. RCBC...
The local stock market ended lower as investors pocketed gains from the PSEi’s four-day advance last week, as investors exercise caution amid developments in the Middle East and while waiting for more economic data. The main index lost 43.33 points or 0.78 percent to close at 6,364.94 with the...
The PSEi ended the week on a positive note as investors continue buying stocks as the ceasefire between Israel and Iran is holding despite a shaky start. The main index jumped by 77.62 points, or 1.23 percent, to close at 6,408.27—led by the strength of the property sector, although miners fell...
The Philippine benchmark index inched up as investor sentiment remained buoyed by easing oil prices amid a ceasefire in the Middle East. The main index added 5.01 points or 0.08 percent to close at 6,330.65 on Thursday, June 26, although only Conglomerates and the Property counter managed to...
A 72-year-old man, tagged as Rizal Province 's most wanted person for attempted murder, was finally arrested by the police after six years of hiding, the Rizal Police Provincial Office (Rizal PPO) said. Rizal PPO chief Col. Felipe Maraggun identified the suspect as “Teodulo,” a resident of...
The local stock market rose further as the peso firmed up while oil prices dropped due to the ceasefire between Israel and Iran. The main index added 32.89 points or 0.52 percent to close at 6,325.64 on Wednesday, June 25, with the advance led by the Property sector, although Banks and Industrials...
The Yuchengco Group’s Rizal Commercial Banking Corp. (RCBC) has kicked off the ₱3-billion public offer for its fixed-rate peso-denominated series F Association of Southeast Asian Nations (ASEAN) sustainability bonds due 2028. In a disclosure to the Philippine Stock Exchange (PSE), the bank...
The PSEi bounced back after Iran made only a token response to the United States (US) bombing of its nuclear facilities and the US announced a ceasefire, although investors’ relief eventually gave way to caution and trimmed intra-day gains. The main index rose by 74.47 points, or 1.2 percent, to...
The Philippine Stock Exchange index (PSEi) plunged in a knee-jerk reaction to the United States’ (US) bombing of Iran’s nuclear facilities, as this may lead to further escalation in the conflict and fuel more oil price hikes. The main index fell by 121.49 points, or 1.92 percent, to close at...
A 51-year-old driver was dragged and subsequently crushed by the passenger van he was driving after it accidentally plunged into a steep road in Barangay Mascap, Rodriguez, Rizal on Saturday night, June 21. According to Lt. Col. Paul Sabulao, Rodriguez Municipal Police chief, the driver and his...
Police arrested two men for stealing a call center agent 's cellphone while waiting for a ride in Barangay San Jose, Rodriguez, Rizal on June 20. The Rizal Police Provincial Office (Rizal PPO) identified the suspect as alias Elhy, 24, and alias Just, 19. Rizal PPO chief Col. Felipe Maraggun...
The Philippine stock market ended the week lower, as investors worried about the inflationary effects of higher oil prices due to the Israel-Iran conflict, coupled with a weaker peso. The main index shed 17.24 points, or 0.27 percent, to close at 6,339.77 on Friday, June 20. The Industrial sector...
