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...
Equities market rose for a second consecutive session as investors welcomed the World Bank’s reclassification of the country’s economic status and the steady performance in domestic manufacturing. The Philippine Stock Exchange index (PSEi) gained 56.46 points, or 0.93 percent, to close at...
Local equities snapped a streak of losses, joining the broader regional rally as diplomatic efforts to ease Middle East tensions soothed investor anxiety and drove oil prices down. The Philippine Stock Exchange index (PSEi) advanced 32.09 points, or 0.53 percent, to close at 6,069.26. Despite the...
Authorities are investigating the discovery of a human foot inside a box dumped in a garbage pile in Antipolo City, Rizal, on Tuesday, June 30. The Antipolo Component City Police Station (CCPS) said the body part was found around 4:30 p.m. in Sitio 5, Purok Kurota, Barangay Cupang, by a garbage...
THE VIEW FROM RIZAL Over the weekend, friends and colleagues in the local government sector asked us what we thought about the latest developments in the hostilities that broke out in the Middle East on Feb. 28th of this year. The “latest development” they were referring to was the signing of a...
Local stocks retreated on the final trading day of the first half as investors locked in gains from a three-day rally, driven by mounting concerns over local inflation and shifting geopolitical dynamics. The Philippine Stock Exchange index (PSEi) dropped 1.6 percent—or 96.24 points—to close at...
A 16-year-old boy was apprehended after allegedly stealing a mobile phone and motorcycle from a man playing basketball in San Mateo, Rizal, on June 28. The Rizal Police Provincial Office (Rizal PPO) said that the theft occurred at around 9 p.m. at the Basketball court of Bankers Village, Phase 1 in...
Continuing its recovery from last week’s sell-off, the Philippine Stock Exchange index (PSEi) rose for a third straight trading day on Monday, June 29, as easing concerns over the Middle East conflict and a stronger peso lifted investor sentiment. The main index gained 61.17 points, or 1.01...
Continuing its see-saw performance this week, the Philippine Stock Exchange index (PSEi) bounced back above the 6,000 level on Thursday, June 25, as easing oil prices spurred bargain hunting. The main index rose by 79.69 points, or 1.33 percent, to close at 6,071.06. The recovery of index...
Local equities plunged back below a critical psychological threshold as worsening domestic growth forecasts and a hawkish shift in United States (US) Federal Reserve monetary policy expectations triggered a broad-based selloff. The Philippine Stock Exchange index (PSEi) slumped 133.85 points, or...
Domestic equities snapped a two-day decline, rallying as investors capitalized on lower valuations after the United States (US) issued an interim waiver on Iranian energy exports, dragging global crude prices to a three-month low. The Philippine Stock Exchange index (PSEi) advanced 1.51 percent, or...
