The Philippine Stock Exchange, Inc. index (PSEi) closed higher year-on-year for the first time since 2019, up by 78.75 points or 1.2 percent to 2024 at 6,528.79 points from its close of 6,450.04 in 2023. In a statement, the PSE said that, year-on-year, the PSE MidCap and PSE DivY indices...
Personally, I dream of a country, where dreams are possible. It’s not such an impossible dream, except that dreams-come-true among us Filipinos remain exceptional, not quite common. What I’d like to see in 2025 is more opportunities for Filipinos to seek a life that makes the most of...
Regulators have given the green light to an alliance between a trio of Philippine energy giants, granting them control over the integrated liquefied natural gas (LNG) project in Batangas province. The Philippine Competition Commission (PCC) announced on Monday. Dec. 23, it approved a joint...
EDITORS DESK What a year it has been for Philippine sports. Truly the best season in history. Carlos Yulo is definitely the star of a splendid 2024 for our national athletes who came and conquered international competitions, with the Filipino sportsmen breaking barriers and smashing records in...
Telecom giant PLDT Inc. disclosed that veteran newscaster Catherine L. Yap-Yang has voluntarily retired as first vice president and head of the company’s corporate communications group. PLDT informed the Philippine Stock Exchange that Yang’s retirement took effect on December 1, 2024 but...
Del Rosario-led PHINMA Corporation is embarking on the simultaneous expansion of its core businesses after successfully raising P1 billion from its stock rights offering on top of a P4.5 billion cash infusion by global investment firm KKR into its education unit. During the listing ceremondy for...
Ramon "Tats" Suzara was elected president of the Asian Volleyball Confederation (AVC) only last September and just over the weekend was named executive vice president (EVP) of the sport’s world body International Volleyball Federation or FIVB. “It’s a great distinction and honor to be named...
Passenger experience at the Ninoy Aquino International Airport (NAIA) is expected to improve by 50 percent in the upcoming Christmas season amid improvements from New NAIA Infrastructure Corp.'s (NNIC) first 60 days since the takeover. In a briefing, Ramon S. Ang, NNIC president and chief...
EDITORS DESK Kevin Quiambao, one of the biggest names in the collegiate ranks, was embroiled in controversy for his alleged involvement in many “ligang labas,” or pocket tournaments that are usually done in barangays or towns, mostly organized by local politicos who desire to blend basketball...
Diversified conglomerate San Miguel Corporation (SMC) reported a 19 percent increase in net income to P37.1 billion in the first nine months of 2024, compared to P31.2 billion in the same period last year, driven by strong revenue increases across its diverse businesses. In a statement, the company...
Del Rosario-led PHINMA Corporation reported an 84 percent plunge in attributable net income to P122.73 million for the first nine months of 2024 from the P791.53 million earned in the same period last year due to huge non-operating expenses and losses of its property business. In a disclosure to...
San Miguel Food and Beverage Inc. (SMFB) posted an 11 percent hike in consolidated net income to P30.4 billion for the first nine months of 2024 due to significant growth registered across all business segments. In a statement, the firm said that, for the period ending Sept. 30, 2024, consolidated...
