The local stock market is seen to benefit this short trading week from a combination of window-dressing and profit-taking as well as the carry over of positive sentiment from expectations of rate cuts next year. “The final three trading days of the year will see a mix of window dressing and...
The nationwide celebration of Christmas Day on Monday, Dec. 25, went generally peaceful but several persons were hurt in different firearm and firecracker-related incidents this holiday season, the Philippine National Police (PNP) said. As of 6 a.m., the PNP recorded 19 firearm and...
More than 64,000 policemen have been deployed in various transportation hubs and places of convergence across the country as part of the security measures for the Christmas and New Year celebrations, the Philippine National Police (PNP) said. PNP chief Gen. Benjamin Acorda, Jr. said the policemen...
The Philippine Statistics Authority (PSA) reported that the upward trend in agricultural commodity prices, including crops and fish, continued to lose momentum in the third quarter. The PSA said in a report that the annual producer price index (PPI) for agriculture dropped to 7.9 percent from 12...
Police Gen. Benjamin Acorda, Jr., chief of the Philippine National Police (PNP), warned all uniformed personnel on breaking his trust that they would not fire their firearms indiscriminately especially during the New Year revelry. Acorda issued the statement as he insisted that there is no need to...
Former senator Panfilo “Ping” Lacson expressed support for the Philippine National Police's (PNP) lack of recommendation for a ceasefire agreement with the Communist Party of the Philippines (AFP) and its armed wing, the New People’s Army (NPA). "I support the PNP on this. The CPP/NPA is...
The local stock market rose to rest just above the 6,500 level on the last trading day before Christmas on the back of higher US bourses. The main index added 31.77 points or 0.49 percent to close at 6,501 as the Industrial sector led the advance while Banks dipped into the red. Volume fell to 536...
The Securities and Exchange Commission (SEC) exempted the Philippine Stock Exchange (PSE) from the 20 percent cap of ownership so it can acquire full ownership of the Philippine Dealing System Holdings Corporation (PDS Group). In a statement, the SEC said it has approved the application of the PSE...
Philippine Rating Services Corporation (PhilRatings) has assigned National Reinsurance Corporation of the Philippines (Nat Re), the country’s sole professional reinsurer, a financial strength rating of PRS A with a Stable Outlook. An insurer rated PRS A has strong financial security...
The Philippine National Police (PNP) has not monitored any serious or credible threat to security ahead of the Christmas Day celebration next week. PNP spokesperson Col. Jean Fajardo said all security measures were already laid out to ensure a peaceful and joyous Christmas celebration for the...
Philippine Red Cross (PRC) Chairman and Chief Executive Officer (CEO) Richard Gordon expressed sorrow and outrage over the violent killing of a PRC employee’s father during the holiday season. PRC “I denounce the killing of Romeo Lagado, a 59-year-old family man, who was stabbed to death by two...
Over 25 million Filipinos were struggling to meet their basic needs, including food, due to insufficient income, the Philippine Statistics Authority (PSA) reported on Friday, Dec. 22. The PSA's preliminary 2023 First Semester Official Poverty Statistics showed that about 22.4 percent of the...
