The PSEi has risen back to the 6,800 level as investors continue picking up bargains while digesting last week’s corporate results. The main index added 41.84 points or 0.62 percent to close at 6,803.19 with the Services sector leading the advance while Conglomerates lagged behind. Volume dipped...
Tanco-led STI Education Services Group Inc. (STI ESG) has retained the Issue Credit Rating of PRS A plus from Philippine Rating Services Corporation (PhilRatings) for its outstanding bond issuance of P820 million. PhilRatings said this is based on its on-going and initial review of the account...
PAL's new pursers with PAL President and COO Captain Stanley Ng and PAL's spokesperson Ms. Cielo Villaluna After serving for almost three decades as cabin crew of Philippine Airlines (PAL), 20 frontliners recently received their wings as flight pursers, a milestone marking years of...
Following the lower-than-expected gross domestic product (GDP) growth of 5.2 percent in the third quarter, Citi Research expects that stronger domestic demand will prompt a shift to six percent growth for the last three months. Citi Philippines economist Nalin Chutchotitham has revised her...
Singapore-based DBS Bank is bullish that downward inflation and interest rates would bolster consumer spending as well as private investments in the Philippines even as economic growth would likely slow in the next two years. DBS Bank projects an average growth of 6.0 percent for this year, but...
Pampanga 3rd district Rep. Aurelio "Dong" Gonzales Jr. (Facebook) House Senior Deputy Speaker and Pampanga 3rd district Rep. Aurelio “Dong” Gonzales Jr. has castigated the police in his province for supposedly not lifting a finger on the...
Amid ongoing typhoon response efforts, the Philippine Red Cross (PRC) announced on Monday, Nov. 18, that it has assisted 7,040 individuals affected by Super Typhoon Pepito (international name: Man-yi). (Photo from Philippine Red Cross) “Pepito is the 16th tropical storm this year and the...
PAGASA Severe Tropical Storm “Pepito” (international name: Man-yi) exited the Philippine area of responsibility (PAR) at 12 p.m. on Monday, Nov. 18, said the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA). In its final tropical cyclone bulletin issued at 5...
Local share prices rose further as investors continued to pick up bargains. The main index added 84.70 points or 1.27 percent to close at 6,761.35 as Conglomerates led the advance while Industrials, Services, and Miners declined. Volume was firm at 696 million shares worth P5.78 billion as...
Senator Sherwin Gatchalian on Monday, November 18 pushed anew for a higher intelligence fund for the Philippine National Police (PNP) to boost the campaign against Philippine Offshore Gaming Operators (POGO)-related crimes. Gatchalian noted that POGOs continue to defy the...
PAGASA Typhoon “Pepito” (international name: Man-yi) has weakened further into a severe tropical storm and is expected to exit the Philippine area of responsibility (PAR) between Monday noon and afternoon, Nov. 18. In its 11 a.m. bulletin on Monday, the Philippine Atmospheric, Geophysical and...
Stressing that the world and the Philippines are facing so much divisiveness in belief, politics, even generational and cultural differences, President Marcos has rallied society leaders to seek divine wisdom and to build bridges where there are divides. (Photo courtesy of Malacañang) In...
