The local stock market saw some profit-taking as investors waited to take cues from the release of economic data this week. The main index shed 13.14 points or 0.20 percent to close at 6,398.77 as Conglomerates led the decline while Banks managed to stay in the green. Volume fell to 4-7 million...
BURAUEN, Leyte – Last June 28, a pair of Philippine Eagles was reintroduced in the forest of Barangay Kagbana here. PHILIPPINE Eagles ‘Uswag’ and ‘Carlito’ inside their holding cages prior to their release. (Keith Bacongco) But this significant milestone was not just an overnight...
Lt. Gen. Stephen Parreño, commanding general of the Philippine Air Force, delivers a speech during the 77th anniversary celebration of the PAF at Basa Air Base in Floridablanca, Pampanga on July 1, 2024. (Courtesy of RTVM livestream) The Philippine Air Force (PAF) reiterated its dedication to...
Prices of most agricultural commodities posted a decline during the last week of June, according to a report from the Philippine Statistics Authority (PSA). Based on its national price situationer for the second phase of June, the PSA reported that four agricultural goods declined during the period...
On June 30, 2024, patrons and visitors visited for the last time Sofitel Philippine Plaza Manila before the hotel's official closure today, July 1. As hotel guests stepped into the grand lobby, the air was thick with nostalgia. Despite the busy scene, a somber mood prevailed, as staff and guests...
A China Coast Guard vessel deploys two rigid-hull inflatable boats to offer help in rescuing Filipino fishermen whose boat encountered an engine explosion near Bajo de Masinloc on June 29, 2024. (Courtesy of PCG) (Updated) Following the offering of help by China Coast Guard (CCG) to a distressed...
Vice President Sara Duterte on Monday, July 1, joined in greeting the Philippine Air Force’s (PAF) 77th founding anniversary, thanking them for their sacrifice and dedication. Vice President Sara Duterte (Inday Sara Duterte/Facebook) “Binabati ko ang lahat ng mga magigiting nating...
The Philippine Amusement and Gaming Corp. (Pagcor) said that brick-and-mortar casinos will remain relevant despite the strong growth of online casinos. At the 2024 SiGMA Asia Summit, Alejandro H. Tengco, Pagcor chairman and chief executive, said people's innate need for connection and closeness...
President Marcos has assured the members of the Philippine Air Force (PAF) of his administration's support as he lauded them for being the "faithful guardians of our aerial domain." President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) Marcos said this as he led the PAF's 77th Founding...
Companies, particularly banks, are urged to tap the capital market by issuing bonds as these are a stable source of funds that can be issued quickly to a large investor base and at a lower cost. The advantages of issuing bonds to raise fresh funds was raised during the seminar entitled...
Investors in the local stock market will be watching out for the release of June inflation numbers for cues this week although follow through buying may keep stocks buoyant after the Bangko Sentral’s statements gave sentiment a boost. “This week, investors are expected to watch out for the...
Manila remains one of the world's cheapest cities for the rich, despite its booming economy and more expensive whisky here, according to Swiss wealth manager Julius Baer. Julius Baer's Global Wealth and Lifestyle Report 2024 showed Manila ranking ninth among 10 Asia-Pacific cities after Singapore,...