By DERCO ROSAL While the majority of expectations nod to an uptick in October inflation, economists surveyed by Manila Bulletin hold mixed forecasts for the Philippines’ third-quarter 2024 economic performance, noting both growth opportunities and possible risks ahead. Following the four-year low...
While the recent market decline has brought share prices to attractive levels which may spark some bargain-hunting, stock market investors are seen to be wary due to the US elections and the release of the October inflation data. “The local market has exhibited bearish movements in last week’s...
President Marcos has issued Executive Order (EO) No. 72 which adopts an integrated and harmonized process for formulation, approval, budgeting, implementation, and monitoring of master plans for the infrastructure sector. (MB file photo) In his EO, signed by Executive Secretary Lucas Bersamin on...
The Bureau of Immigration (BI) has asked the Philippine National Police (PNP) to share with the bureau the information on the raid last Oct. 29 of an alleged scam hub in Manila where 69 foreigners were reportedly arrested. “The BI has been actively pursuing to process the detainees in compliance...
Chito Loyzaga, who is running against incumbent Abraham “Bambol” Tolentino for the Philippine Olympic Committee presidency in polls set Nov. 29, said they have adopted basketball’s Al Panlilio and surfing’s Raul Canlas as part of their roster because they believed in the integrity of both...
President Marcos has issued Proclamation No. 724 declaring the month of December of every year as the Philippine Architecture Festival - National Architecture Month in recognition of the Philippines being a key player in the global architecture arena. In his Proclamation, signed by Executive...
The observance of All Saints’ Day on Friday, November 1, was generally peaceful, according to the Philippine National Police (PNP). PNP spokesperson Police Brig. Gen. Jean Fajardo said no untoward incident was monitored in cemeteries, columbaria, memorial parks and other similar places as...
A Philippine Army (PA) personnel assists a young girl in lighting a candle for a tomb at the Libingan ng mga Bayani in Fort Bonifacio, Taguig City on Oct. 31, 2024. (Photo: PA) The Armed Forces of the Philippines (AFP) encouraged the public to remember troops who served the nation in observance of...
Philippine-assembled electronics—the country's top merchandise export—may be hurt by bigger Chinese production, the World Bank said. In an Oct. 31 report, the Washington-based multilateral lender cited that the Philippines' semiconductor exports shrank 13.8 percent year-on-year in...
Philippine Coast Guard (PCG) personnel assist passengers heading to their home provinces for the observance of "Undas" at the Ormoc City Port Terminal in Ormoc, Leyte on Oct. 31, 2024. (Photo: PCG) The Philippine Coast Guard (PCG) monitored more than 27,000 passengers bound for provinces in various...
Cebu-based fuel retailer Top Line Business Development Corp. (Topline) is launching its P3.16 billion initial public offering before the year ends to be the last maiden offering at the Philippine Stock Exchange for 2024. The PSE said it has approved the firm’s IPO tentatively slated for Nov. 27...
The PSEi plunged to the 7,100 level as investors cashed out amid uncertainties due to the upcoming US elections and fears of higher Philippine inflation. The main index fell 137.28 points or 1.89 percent to close at 7,142.96 as Banks led the retreat although the Property and Mining counters were in...
