The Philippine Stock Exchange index (PSEi) fell on Tuesday, Aug. 26, even when it was expected to be buoyed by prospects of lower interest rates, as investors were more concerned about United States (US) President Donald J. Trump’s firing of US Federal Reserve (Fed) Governor Lisa Cook amid the...
Two men, one of them reported to be drunk, were arrested for illegal discharge of a firearm and grave threats in separate shooting incidents in Cardona and Taytay, Rizal. The Rizal Police Provincial Office (Rizal PPO) said both incidents occurred on Saturday, Aug. 23. The first incident took place...
The local stock market was little changed Friday, Aug.22, as investors waited for the Bangko Sentral ng Pilipinas (BSP) interest rate cut expected next week. The Philippine Stock Exchange Index (PSEi) edged up 3.71 points, or 0.06 percent, to close at 6,281.58. The interest-rate sensitive property...
The body of an unidentified man riddled with bullets was found in Barangay Macabud, Rodriguez, Rizal on Wednesday night, Aug. 20, the Rodriguez Rizal Municipal Police Station said. Based on the police report, a concerned citizen reported the discovery of a male cadaver at around 10:45 p.m. that was...
The main index of the Philippine Stock Exchange (PSEi) ended on Wednesday, Aug. 20, flat as investors awaited the results of the Federal Reserve meeting before making any major moves. The PSEi eked out a marginal gain of 0.2 points, or 0.003 percent, to close at 6,277.87. Sectoral indices were...
Sumitomo Mitsui Financial Group Inc. (SMFG), through Sumitomo Mitsui Finance and Leasing Co. Ltd. (SMFL) is acquiring a 30-percent equity stake in RCBC Leasing and Finance Corp. (RLFC) of Yuchengco-led Rizal Commercial Banking Corp. (RCBC). In a disclosure to the Philippine Stock Exchange (PSE),...
The Philippine Stock Exchange index (PSEi) dipped as investors continued to wait for market-moving news. The main index shed 11.21 points, or 0.18 percent, to close at 6,277.67 on Tuesday, Aug. 19. The Services counter led the decliners, while the Conglomerates and Mining sectors managed to...
A four-year-old boy and a teenager reportedly drowned in rivers in Rodriguez, Rizal on Sunday, Aug. 17. According to the authorities, the Tactical Operations Center of Casimiro Ynares Hospital received a call regarding a drowning incident involving the four-year-old boy identified as Jude Ethan...
Cainta Mayor Keith "Kit" Nieto has requested funding from the Department of Public Works and Highways (DPWH) for a drainage project aimed at easing flooding in the municipality. In a recent interview with the PaMaMariSan-Rizal Press Corps, Nieto said the project aims to reduce the volume of water...
The Philippine Stock Exchange index (PSEi) started the week on a soft note as share prices declined amid a lack of fresh catalysts. The main index dropped 27.05 points, or 0.43 percent, to close at 6,288.88. Sectoral indices were mixed. Volume declined to 747 million shares worth ₱6.18 billion,...
Coal power projects are strutting back, and the developers are swinging “the need for baseload demand” as their backstage pass to justify new projects. Even Energy Secretary Sharon Garin is waving the green flag for coal, signaling to the media that if moratorium-exempt projects clear the...
A drug suspect identified as alias Eminem was arrested in a buy-bust operation in Barangay Palangoy, Binangonan, Rizal on Friday, Aug. 15. According to the Rizal Police Provincial Office (Rizal PPO), the suspect was nabbed inside his home in Sitio Fatima after an undercover police officer...
