SAN JUAN, Batangas – Six persons were injured when their Hyundai Starex van plunged off the parking area on the second floor of the public market in Barangay Poblacion here on Saturday morning, October 14. Police identified the victims as Juan Perez, 54, driver of the Starex, and...
The local stock market remained positive despite negative outcomes from the international markets. The main index increased by 3.28 points or 0.05 percent closing at 6,266.34, with the Holding Firms and Industrial sector indices taking hits. The total volume of shares traded amounted to one billion...
The local stock market rose slightly as investors anticipate data on the United States’ inflation rate. The main index saw a marginal increase by 9.10 points or 0.15 percent closing at 6,263.06 with only the Property and Holding Firms sector indices seeing gains. Total volume of...
The local stock market declined as investors mull over potential rate hikes from the central bank. The main index dipped by 10.11 points or 0.16 percent closing at 6,253.96, with a majority of sectoral indices incurring losses, led by the Mining and Oil sector which was down by 90.25 points or 0.81...
HONG KONG, China -- Asia extended a global markets rally Wednesday on a growing belief the Federal Reserve is finished with its interest rate hiking cycle, while optimism was also boosted by a report that China is considering a large burst of economic stimulus. While uncertainty caused by the...
Budgets for electricity bill payments will come heavier on the pockets of Manila Electric Company (Meralco) customers as its overall tariff had escalated by P0.4201 per kilowatt hour (kWh) in its October billing cycle to P11.8198 per kWh vis-à-vis P11.3997 per kWh last month. For its subscribers...
The local stock market saw slight gains as Philippine exports improved in August. The main index increased by 11.91 points or 0.19 percent closing at 6,264.07 with most sectoral indices in the green, led by the Mining and Oil sector with 133.42 points or 1.22 percent. The volume reached 688...
HONG KONG, China -- Equities mostly rose Tuesday after top Federal Reserve officials suggested the recent spike in US Treasury yields could act as a substitute for further interest rate hikes. The big gains came as oil pared the previous day's surge, which had been fuelled by supply worries after...
The Department of Finance (DOF) said the local labor market remains strong and resilient despite global uncertainties. Finance Secretary Benjamin E. Diokno said the latest jobs data revealed positive trends, with unemployment decreasing to 4.4 percent in August from 5.3 percent the previous year...
As global oil prices crashed, Filipino consumers can look forward to big-time rollback in pump prices at the domestic pumps by next week, based on the calculation of the oil companies. According to the industry players, the price of gasoline products will have the heftiest price cut within the...
The local stock market bounced back after plunging prior but incurred mixed reactions from investors who anticipated more hopeful outcomes from economic forecasts, and those fearing higher interest rates. The main index rose to 81.35 points or 1.32 percent closing at 6,259.95 as all sectoral...
CEBU CITY – Bouncing back from the ill-effects of the Covid-19 pandemic, the property market is demonstrating a strong performance this year, an industry leader said. LEUTERIO (FB) Anthony Gerard Leuterio, founder of Filipino Homes, said the strong showing of the real estate industry is driven by...