The local stock market fell on profit-taking as investors continue to be wary of developments overseas, particularly in Ukraine. The main index dropped 102.93 points or 1.39 percent to close at 7,391.68 as the Property sector led the retreat with only the Mining and Oil counter bucking the trend....
Philippine Olympic Committee (POC) president Bambol Tolentino questioned the motive of Philippine Athletics Track and Field Association (Patafa) after the latter filed a “statement of appeal” with the Court of Arbitration for Sports (CAS) regarding its rift with world-class pole vaulter EJ...
The local stock market continued to regain lost ground as Alert Level 1 took effect in the National Capital Region. The main index rose 93.60 points or 1.28 percent to close at 7,404.61 as Holding Firms led the rally although the Industrial and Property sectors were in the red. Volume eased to 1...
While alert levels have eased, Philippine Airlines (PAL) kept its safety protocols in place. "The highest standards of safety continue to be observed on each flight," according to the flag carrier's statement issued March 1, 2022. "Our cabin crew frontliners continue to wear full PPEs throughout...
The Philippine Red Cross (PRC) recently deployed its "Hot Meals on Wheels" food trucks providing ready-to-eat meals as well as first aid stations for victims of the fire that broke out in Cavite. (Photo from Philippine Red Cross / MANILA BULLETIN) PRC said that 464 individuals received meals and...
Malacañang on Monday, Feb. 28, confirmed the appointment of Vice Admiral Artemio M. Abu as the new commandant of the Philippine Coast Guard (PCG). CG Vice Admiral Artemio M. Abu is the 29th Commandant of the Philippine Coast Guard (PCG). (PCG Photo) In a statement, Cabinet secretary and acting...
The Philippine Navy (PN) on Monday, Feb. 28, expressed interest to foster stronger relations with the European Union (EU) as it acknowledged the presence of existing and emerging maritime security challenges in the Indo-Pacific region. (Courtesy of Foreign Correspondents Association of the...
President Duterte has appointed Vice Admiral Artemio M. Abu as the 29th Commandant of the Philippine Coast Guard (PCG) effective Tuesday, Feb. 28. Abu is a graduate of the Philippine Military Academy (PMA) Class of 1992. CG Vice Admiral Artemio M. Abu is the 29th Commandant of the Philippine Coast...
Security Bank Corporation’s Trust and Asset Management Group (TAMG) expects the Philippine Stock Exchange index (PSEi) to hit the 8,000-mark by the end of the year as the economy rebounds in 2022. In a webinar, the group shared its 2022 outlook for the Philippines equities market and how the...
The local stock market rose after the government decided to reduce quarantine measures to Alert Level 1. The main index added 98.78 points or 1.37 percent to close at 7,311.01 as the Property sector surged to lead the advance although the Services counter lagged behind. Volume increased to 2.11...
Two years following its merger, state-run firm Philippine Guarantee Corp. (PHILGUARANTEE) spearheaded in its performance during the second year of the pandemic, with net income jumping by almost two-fold, the Department of Finance (DOF) reported. PHILGUARANTEE is the result from the merger of two...
Philippine Savings Bank (PSBank), a subsidiary of Metropolitan Bank and Trust Company, posted a 39 percent growth in net income to P1.5 billion last year. In a disclosure to the Philippine Stock Exchange, the bank said its “strong income performance was on the back of the increase in fee income...
