Kathlyn Bugna delivered another commanding performance, sweeping three titles in the Bagong Pilipinas Age-Group Tennis Championships at the Rizal Memorial Tennis Center last Monday, May 4, to reinforce her growing reputation as one of the country’s brightest young prospects. Fresh from a similar...
The Philippine Stock Exchange index (PSEi) made a strong bounce on Monday, May 4, as bargain hunting began after more firms reported first-quarter earnings and outlooks while the United States (US) announced its plan to escort ships passing through the Strait of Hormuz. The main index jumped by...
The Philippine Stock Exchange index (PSEi) retreated to end a shortened trading week as investors weighed the compounding risks of surging energy costs, persistent inflation, and a weakening local currency. The benchmark PSEi fell 74.25 points, or 1.26 percent, to close at 5,833.64 on Thursday,...
The Philippine Stock Exchange index (PSEi) snapped a five-day losing streak on Wednesday, April 29, as investors engaged in bargain hunting despite continued depreciation of the local currency. The benchmark PSEi gained 41.1 points, or 0.7 percent, to settle at 5,907.89. The Industrial and Services...
THE VIEW FROM RIZAL Over the past few days, we have been asked what we think of the national government 's response to the energy crisis the country faces in the wake of the current conflict in the Middle East. The question has taken on a sense of urgency as hopes for a quick end to the...
Local stocks retreated to their lowest level in five months as the peso’s plunge to a fresh record fueled anxiety that persistent inflationary pressures will force borrowing costs to stay higher for longer. The Philippine Stock Exchange index (PSEi) declined 34.36 points, or 0.58 percent, to...
Yuchengco-led Rizal Commercial Banking Corp. (RCBC) posted a 12 percent increase in first-quarter net profit as a double-digit jump in interest income and lower funding costs offset broader economic headwinds. In a disclosure to the Philippine Stock Exchange on Tuesday, April 28, RCBC reported that...
The Philippine Stock Exchange index (PSEi) dropped on Monday, April 27, as investors worry over the impact of rising inflation and interest rates, which has led some conglomerates to reduce capital expenditures (capex). The main index lost 42.34 points, or 0.71 percent, to close at 5,901.15....
The Board of Investments (BOI) has formalized a tripartite agreement with Sumitomo Mitsui Banking Corp. and Rizal Commercial Banking Corp. (RCBC) to bolster the pipeline of Japanese capital into the country, targeting a broader array of domestic industrial sectors. In a statement on Monday, April...
Yuchengco-led Rizal Commercial Banking Corp.’s (RCBC) executive called for an overhaul of regulatory frameworks across Asia, urging authorities to move from static oversight to an active partnership model to accelerate digital financial inclusion. Speaking at the Money20/20 Asia conference in...
Local stock market is expected to remain in a bearish holding pattern this week as prolonged diplomatic deadlock in the Middle East dampens investor appetite, even as the market looks toward domestic trade data and the United States (US) Federal Reserve for direction. While local equities have...
An alleged parricide was reported inside a house in Tanay, Rizal on Sunday, April 26, where a woman was found dead while her husband, who is being pointed to as the suspect, was found hanging. According to the Tanay Municipal Police Station (Tanay MPS), the bodies were discovered by the...
