Local stocks retreated as the resurgence in global crude oil prices and the weakening peso soured investor sentiment, overshadowing gains in the conglomerate sector. The Philippine Stock Exchange index (PSEi) dropped 44.75 points, or 0.73 percent, to finish at 6,113.58 in Manila. While the services...
Rizal Commercial Banking Corp. (RCBC), the financial services arm of the Yuchengco group, has set the interest rate and started the public offer for its fixed-rate, peso-denominated series G Association of Southeast Asian Nations (ASEAN) sustainability bonds due 2029 to raise at least ₱5 billion....
Local stocks climbed for a second consecutive session as investors scooped up beaten-down shares, tracking the broader shift in sentiment fueled by expectations of a massive release of global oil reserves. The Philippine Stock Exchange index (PSEi) advanced 31.67 points, or 0.52 percent, to finish...
A 26-year-old man was arrested for allegedly cursing and threatening barangay watchmen with a knife while they were patrolling and implementing curfew hours in San Mateo, Rizal early Tuesday, March 10. According to the San Mateo Municipal Police Station, the incident occurred at around 2:30 a.m....
Rizal Commercial Banking Corp. (RCBC) expects its credit card business to sustain a double-digit expansion this year as the lender pivots toward the premium market to capture a larger share of the country 's wealthiest spenders. Arniel Vincent B. Ong, RCBC Credit Cards president and chief...
Rizal Police Provincial Office (Rizal PPO) Director Col. Eleazar Barber Jr. on Wednesday, March 11, ordered an immediate investigation into the reported widespread illegal gambling operations across the province, including the alleged involvement of some police officers in the illegal activities....
The Philippine Stock Exchange index (PSEi) staged a sharp recovery on Tuesday, March 10, clawing back a significant portion of the previous session’s losses as retreat in global oil prices bolstered investor appetite for risk. The benchmark PSEi advanced 110.44 points, or 2.01 percent, to finish...
The local stock market lost ₱671.7 billion in market capitalization on Monday, March 9, as the benchmark Philippine Stock Exchange Index (PSEi) plunged to the 6,000 level after the Iran war fueled a surge in oil prices while the peso plunged to a new record low. Philippine Stock Exchange (PSE)...
Two motorcycle riders died, while three others were injured, after a dump truck crashed into four motorcycles in Barangay Sampaloc, Tanay, Rizal, on Friday, March 6. The Tanay Municipal Police said the truck driver was cruising along Marilaque Highway when the vehicle allegedly lost its brakes,...
Around 200 stalls were reportedly damaged in a third-alarm fire that broke out at the Binangonan Public Market in Barangay Libid, Binangonan, Rizal on Friday night, March 6. In a statement, the Municipality of Binangonan said that the affected stalls covered an estimated 1,500 square meters of the...
Stock benchmark tumbled to end the week on a somber note, joining the regional retreat as escalating geopolitical tensions in the Middle East drove the peso back toward record lows and clouded the outlook for domestic inflation. The Philippine Stock Exchange index (PSEi) shed 60.12 points, or 0.94...
Authorities are investigating the possible identification of human skeletal remains that were found at a vegetated uphill part of Sitio Balso in Barangay Calahan, Cardona, Rizal on Thursday, March 5. The Cardona Municipal Police Station said they received a report about the remains through a call...
