The Yuchengco Group’s Rizal Commercial Banking Corp. (RCBC) reported a 22.6 percent drop in net income to ₱4.11 billion in the first half of 2026 from ₱5.3 billion a year earlier, weighed down by higher credit impairment provisions amid heightened geopolitical uncertainties. However, the bank...
Local stocks advanced as investors drew encouragement from signals that the Bangko Sentral ng Pilipinas (BSP) will refrain from aggressive interest-rate hikes, easing worries over rising borrowing costs and bolstering appetite for risk assets. The Philippine Stock Exchange index (PSEi) added 49.01...
The Philippine Stock Exchange index (PSEi) dipped on Tuesday, July 28, after President Ferdinand Marcos Jr.’s State of the Nation Address (SONA) last Monday, July 27, failed to distract investors from concerns over the Middle East and upcoming corporate earnings reports. The main index shed 10.87...
The Philippine Stock Exchange index (PSEi) rose on Monday, July 27, after the halt in hostilities in the Middle East prompted some investors to start bargain-hunting. The main index gained 33.89 points, or 0.54 percent, to close at 6,314.90. Miners led the advance, while conglomerates and...
Three people, including two children, were injured when a rockslide struck homes in Sitio Kayrupa, Barangay San Rafael, Montalban, Rizal, on Friday night, July 24. The Barangay San Rafael said the injured residents were immediately given first aid by the Barangay Disaster Risk Reduction and...
The Philippine Stock Exchange index (PSEi) dipped on Friday, July 24, as share prices fell amid concerns over rising oil prices and the higher tariff the United States (US) slapped on Philippine goods. The main index shed 2.11 points, or 0.03 percent, to close at 6,281.01. Sectoral indices were...
Two motorcycle riders, including a Bureau of Jail Management and Penology (BJMP) officer, were killed after a truck allegedly suffered a brake malfunction and rammed into their vehicles in Rodriguez, Rizal, on July 22. The Rizal Police Provincial Office (Rizal PPO) identified the victims as...
An individual using the alias "Rizal" was among the 13 arrested after authorities seized over P4.5 million worth of suspected shabu during a buy-bust operation in San Mateo, Rizal, on July 22, police said. The Rizal Police Provincial Office (Rizal PPO) said the operation was conducted at the house...
The Philippine Stock Exchange index (PSEi) was slightly higher on Thursday, July 23, as some investors started bargain hunting despite rising oil prices because of the United States (US)-Iran war. The main index added 15.27 points, or 0.24 percent, to close at 6,283.12. Banks led the advance, while...
A 22-year-old motorcycle rider died after allegedly attempting to overtake another vehicle along Manila East Road in Barangay Batingan, Binangonan, Rizal, early Tuesday, July 21. The Binangonan Municipal Police Station identified the rider as “John,” a resident of Binangonan. Based on the...
Local stocks snapped their four-day winning streak as weakening currency prompted investors to lock in recent profits, pulling the benchmark index back from near-overbought levels. The Philippine Stock Exchange index (PSEi) fell 81.92 points, or 1.28 percent, to close at 6,333.80 on Tuesday, July...
A 29-year-old man was arrested after attempting to stab a man who allegedly had a relationship with his wife in Tanay, Rizal. According to the Tanay Municipal Police Station, the incident occurred around 6:30 p.m. on July 19, when the 27-year-old victim was about to park his tricycle near a...
