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...
Bangko Sentral ng Pilipinas Governor (BSP) Eli Remolona Jr. expects a broader wave of lenders to slash or eliminate fund transfer costs, following aggressive fee waivers by some of the country’s largest banking institutions ahead of a strict weekend regulatory deadline. Speaking at a BSP book...
The Philippine Stock Exchange index (PSEi) closed the week on a positive note as investor sentiment continued to be lifted by lower oil prices and improved macroeconomic signals. The main index rose by 62.31 points, or 1.02 percent, to close at 6,188.03 on Friday, July 3. Miners led the advance due...
Two suspected big-time drug pushers were arrested in a buy bust operation in Binangonan, Rizal, on Thursday night, July 2. Police said the suspects, identified as “Kakay, 45” and “Nonoy,” 27, both classified as high-value individuals (HVIs) due to their alleged involvement in large-scale...
Yuchengco-led Rizal Commercial Banking Corp. (RCBC) will eliminate fees for its real-time digital fund transfers starting July 4, joining a broader industry push to spur electronic retail payments in the country. In a statement on Friday, July 3, RCBC said the lender will offer zero-fee transfers...
