The local stock market declined after a positive start as investors chose to pocket gains while waiting for fresh economic data. The main index dropped 21.72 points or 0.31 percent to close at 6,891.49 although sectoral indices were equally divided. Volume remained thin at 677 million shares worth...
Philippine Savings Bank (PSBank), the thrift banking arm of the Ty family, reported a 23 percent improvement in net income to a record-high P4.53 billion last year from P3.68 billion in 2022 due to higher revenues. In a disclosure to the Philippine Stock Exchange (PSE), the bank said this...
Philippine National Bank (PNB), the lender controlled by taipan Lucio Tan, reported a 55 percent jump in consolidated net income to P18 billion in 2023 on the back of robust net interest income and lower provisions. In a disclosure to the Philippine Stock Exchange (PSE), the bank said its net...
Troops of the newly-activated 11th Field Artillery Battalion stand in formation during the unit's activation at Fort Ramon Magsaysay in Palayan City, Nueva Ecija on Sept. 12, 2023. (Photo by Philippine Army) The Philippine Army (PA) will recruit nearly 5,000 individuals to be part of their regular...
Currently on a five-week winning streak, the local stock market will be looking to large-cap earnings reports to see if the 7,000 resistance level will be breached this week. “The local market is already running on a 5-week winning streak with a total gain of 6.30 percent. Chartwise, the market...
President Marcos vowed that the government will continue to bolster its campaign against terrorist groups as he mourns over the killing of six soldiers in Lanao del Norte. “Hindi natin makakalimutan ang kanilang kadakilaan at kabayanihan. Ipagpapatuloy natin ang kanilang ipinaglaban, at uusigin...
Politics should not be in the service of one person or one party. President Marcos made the statement on Sunday, Feb. 25, as he stressed that politics should be in the service of the people. "Politics should be in the service of the people. Politics should not be in the service of one party, should...
The Philippine National Police (PNP) warned gun owners to make sure that their firearm is registered in order to avoid legal problems such as what happened to a 51-year old man who was arrested during an operation in Roxas, Oriental Mindoro. Capt. Clyde Kalyawen, chief of Roxas Municipal Police...
The Philippine national football team couldn’t capitalize on a superb defensive second half showing as it fell to Scotland, 0-2, in the opening of the Pinatar Cup at the Pinatar Arena in Spain on Saturday, Feb. 24. After conceding two goals both to Tottenham Hotspur striker Martha Thomas in...
BRP Datu Sanday, a Bureau of Fisheries and Aquatic Resources vessel, is blocked by a China Coast Guard vessel and two Chinese maritime militia vessels while en route to Bajo de Masinloc to distribute fuel aid to Filipino fishermen on February 22, 2024. (Photo by PCG) The China Coast Guard (CCG)...
President Marcos has ordered relevant agencies to support strengthening the Philippine National Anti-Doping Organization (PHI-NADO) to ensure the country's compliance with the World Anti-Doping Code (WADC). President Ferdinand 'Bongbong' Marcos Jr. (Malacañang photo) Marcos made this directive...
The Philippine Army (PA) clarified on Saturday, February 24, the academic affiliation of a lawyer who died in an encounter between state security forces and the New People's Army (NPA) in Bilar, Bohol. Hannah Jay Cesista alias "Maya / Lean", 26, took up law at the University of San Carlos,...
