The air temperature dropped to 20.1 degrees celsius (°C) at the Science Garden in Quezon City, on Thursday morning, Jan. 18, the lowest recorded temperature for Metro Manila so far since the start of the year. Metro Manila (Pixabay) The Philippine Atmospheric, Geophysical and Astronomical Services...
SAN JUAN, La Union – This town is hosting the World Surfing League La Union International Pro for the second consecutive year. The Surfing Capital of the North is holding the event at the Urbiztondo Beach from January 22 to 28. La Union Gov. Raphaelle Veronica "Rafy" Ortega-David assured...
The local stock market weakened further on news of a lower-than-expected growth of the Chinese economy. The main index fell 64.49 points or 0.97 percent to close at 6,572.51 led by the plunge of the Mining and Oil sector. Volume rose to 590 million shares worth P6.68 billion as losers beat gainers...
The local stock market declined as concerns overseas prompted investors to lock in recent gains. The main index dropped 43.45 points or 0.65 percent to close at 6,637.00 as the Mining and Oil sector led the retreat. Volume was relatively steady at 501 million shares worth P5.98 billion as losers...
The much-awaited giant initial public offerings (IPOs) of SM Prime Holdings’ real estate investment trust and Prime Infrastructure Inc. of billionaire Enrique K. Razon Jr. may not happen this year. In an online briefing, Abacus Securities Corporation Research Head Raymond Neil "Nicky" Franco...
The local stock market continued to rise as investors position for the new year amid rate cut expectations. The main index hiked 37.27 points or 0.56 percent to close at 6,680.45 with the Mining and Oil sector leading the advance. Volume amounted to 460 million shares worth P5.82 billion as...
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) recorded a temperature of 20.2°C in Science Garden, Quezon City at 6:30 a.m. on Sunday, Jan. 14 marking it the "coldest" day so far in Metro Manila. Metro Manila (Unsplash) Based on...
Newly appointed Department of Finance (DOF) Secretary Ralph G. Recto said he will push for the passage of a law that will develop a sustainable corporate pension system in the country and reforms in public and private pensions. Recto said that he will advocate for the Capital Markets Development...
The local stock market ended the week higher despite the higher US inflation rate for December. The main index added 29.45 points or 0.45 percent to close at 6,643.18 as the Services sector led the advance while Banks and Miners retreated. Volume was stable at 362 million shares worth P5.64 billion...
Local share prices bounced after investor sentiment was boosted by stronger US equities on hopes of lower US inflation rate for December. The main index jumped 67.62 points or 1.03 percent to close at 6,613.73 with Banks leading the charge although the Services counter lagged behind. Volume settled...
The local stock market fell as investors used weaker US share prices as an excuse to continue taking profits. The main index dropped 72.41 points or 1.09 percent to close at 6,546.11 as Conglomerates led the retreat with Banks as the only sector mamaging to advance. Volume jumped to 518 million...
The local stock market lost most of the day’s gains as investors took profits, but the index still ended in positive territory. The main index added 9.30 points or 0.14 percent to close at 6,618.52 mainly on gains of Banks as more sectoral indices retreated. Volume improved to 405 million shares...