The local stock market rose for the third day as corporate earnings continue to buoy investor sentiment. The PSEi added 53.03 points or 0.82 percent to close at 6,483.11 as the Services sector led the rally across the board. Volume was relatively stable at 591 million shares worth P5.84 billion as...
Philippine Savings Bank (PSBank), the thrift banking arm of the Metrobank Group, more than doubled its net income to P1.84 billion in the first half of 2022 from the P0.88 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the bank said “The rise in...
The Philippine Red Cross (PRC) has distributed 201,427 liters of water to 2,212 families in Abra and Ilocos Sur to aid the communities' need for adequate water supply after a magnitude 7.0 earthquake hit Abra on July 27. (PHILIPPINE RED CROSS) This was based on PRC's record as of Aug. 2. The...
Globe Telecom Inc., Eastern Communications, along with telecom and digital solutions provider InfiniVAN, recently started deploying fiber cables to build the country’s longest submarine fiber cable network spanning 2,500 kilometers, about the same distance between Manila and Singapore, for a yet...
San Miguel Beer sent Meralco crashing back to earth with a dominant 121-97 victory to gain a headstart in their best-of-seven semifinals showdown in the 2022 PBA Philippine Cup on Wednesday, Aug 3. Rodney Brondial (PBA Images) The Bolts, still riding the euphoria after eliminating the Barangay...
The Philippine Red Cross (PRC) honored the legacy of late ex-president Fidel V. Ramos (FVR), who actively supported the organizations’ various humanitarian activities. (PHILIPPINE RED CROSS) In a statement, the humanitarian organization shared that FVR consistently supported PRC's disaster...
Mikey Williams put up another scorching performance as TNT thumped Magnolia, 108-96, to draw first blood in their best-of-seven semifinals duel in the 2022 PBA Philippine Cup on Wednesday, August 3, at the Smart Araneta Coliseum. Mikey Williams (PBA Images) Williams fired 18 of his 26 points in the...
Philippine Airlines, Inc. (PAL) reported growth in earnings in the first semester this year, its first positive financial results since 2016, the flag carrier disclosed Wednesday, Aug. 3. PAL hauled in an operating income of $125 million (P6.6 billion) and net comprehensive income of $71 million...
The Philippine Navy's (PN) Philippine Fleet (PF) officially concluded this year's iteration of Exercise "Pagbubuklod," its unilateral training activity, on Tuesday, Aug. 2, in its headquarters at the Naval Base Heracleo Alano in Sangley Point, Cavite. Philippine Fleet personnel conduct photo...
Senator Loren Legarda on Wednesday, Aug. 3 welcomed the passage of Republic Act (RA) 11904, or the Philippine Creative Industries Development Act, which supports Filipino excellence in creative industries. The law, which Legarda co-authored in the previous 18th Congress, is a significant milestone...
A lucky bettor won the P15,840,000 jackpot prize in Super Lotto 6/49 on the Philippine Charity Sweepstakes Office (PCSO)'s 9 p.m. draw on Aug. 2. Philippine Charity Sweepstakes Office (Facebook) The winning combination that made the anonymous winner from Balagtas, Bulacan instant millionaire was...
NLEX head coach Yeng Guiao chose to focus on the bright side of the Road Warriors' defeat to the Magnolia Hotshots in their quarterfinals clash in the 2022 PBA Philippine Cup. Yeng Guiao (Photo from PBA) The Road Warriors were seconds away from marching to semifinals of the all-Filipino conference...
