PSE INDEX BOUNCES BACK TO 6,300

Credit to Author: Faye Almazan| Date: Mon, 10 May 2021 16:23:09 +0000

The local bourse snapped its losing streak and opened the trading week in the 6,300 territory amid lighter selling pressure. The benchmark Philippine Stock Exchange index (PSEi) climbed 0.94 percent or 58.70 points to 6,317.41, while the broader All Shares gained 0.76 percent or 29.28 points to close at 3,906.71 on Monday. AAA Equities head […]

Read more

FDI net inflows decline in Feb

Credit to Author: Anna Leah E. Gonzales| Date: Mon, 10 May 2021 16:22:07 +0000

Net inflows of foreign direct investments (FDI) went down by 2.2 percent to $608 million in February from $621 million a year ago, the Bangko Sentral ng Pilipinas (BSP) said. In a report on Monday, the BSP said the decline was due to the 88.3-percent drop in non-residents’ net investments in equity capital to $20 […]

Read more

Guidelines set for steel coils, sheets

Credit to Author: The Manila Times| Date: Mon, 10 May 2021 16:21:50 +0000

The Department of Trade and Industry (DTI) through the Bureau of Philippine Standards (BPS) has issued a memorandum circular providing supplemental guidelines for the implementation of Department Administrative Order (DAO) 20-10, series of 2020 or the technical regulation for hot-dip metallic-coated and pre-painted galvanized steel coils and sheets for roofing and general applications. In a […]

Read more

Govt to extend voting hours

Credit to Author: William B. Depasupil| Date: Mon, 10 May 2021 16:18:38 +0000

THE Commission on Elections (Comelec) will extend the voting hours in the 2022 elections so that anti-Covid-19 protocols will be properly observed. In the virtual Kapihan sa ASoG (Ateneo de Manila School of Governance) on Monday, Comelec Commissioner Antonio Kho Jr. said two to four hours will be added to the usual eight-hour voting period. […]

Read more

Century Properties earnings drop by 22%

Credit to Author: Faye Almazan| Date: Mon, 10 May 2021 16:17:17 +0000

Listed Century Properties Group Inc. (CPG) netted P1.15 billion in 2020, down 22.2 percent year-on-year, while its consolidated revenues declined by 24.3 percent to P10.84 billion last year. In a statement, CPG Chief Financial Officer Ponciano Carreon Jr. said the company’s full year revenues and net income were within expected levels as the pandemic slowed […]

Read more

Filipino rower Nievarez makes it to Tokyo Olympics

Credit to Author: Niel Victor C. Masoy| Date: Mon, 10 May 2021 16:16:21 +0000

Filipino rower Cris Nievarez caught the last boat to the Tokyo Olympics in July. On Monday, the Philippine Rowing Association (PRA) announced it received confirmation from the World Rowing Federation Nievarez made the final cut in the men’s single sculls of the Games. “We are happy to share that the PRA received confirmation from the […]

Read more

Group seeks safe, fair polls

Credit to Author: Kaithreen Cruz| Date: Mon, 10 May 2021 16:15:55 +0000

AS preparations for next year’s voting start, an advocacy group on Monday called for safe, fair and free elections in 2022. In a unity statement signed by more than 2,000 sectoral groups, Participate PH highlighted the need to ensure the success of the 2022 elections. It also called for an additional funding of P10 billion […]

Read more

DoH orders monitoring of Gubat frolickers

Credit to Author: Red Mendoza| Date: Mon, 10 May 2021 13:56:49 +0000

The Department of Health has ordered its Metro Manila regional office to  monitor all those who flocked to a resort in Caloocan City over the weekend. At least 500 people were seen frolicking at the Gubat sa Siudad Resort in Bagumbong, Caloocan City on Sunday. Health Undersecretary Maria Rosario Vergeire urged those who went to the resort to […]

Read more

Duterte declares May 13 a regular holiday

Credit to Author: Keith Calayag| Date: Mon, 10 May 2021 10:45:35 +0000

President Rodrigo Duterte has declared May 13 a regular holiday throughout the country in observance of Eid’L Fitr or the Feast of Ramadan. In Proclamation No. 1142 issued on May 10, Duterte said “the entire Filipino nation should have the full opportunity to join their Muslim brothers and sisters in peace and harmony in the […]

Read more

PH logs 6,846 new Covid-19 cases

Credit to Author: Red Mendoza| Date: Mon, 10 May 2021 10:38:26 +0000

The Philippines logged 6,846 new cases of Covid-19 on Monday, the Department of Health said. It reported 8,193 new recoveries. There are 59,897 active cases and 1.030 million recoveries. Meanwhile, 90 deaths were added to the death toll, for a total of 18,562. Intensive care unit occupancy in Metro Manila remains at 67 percent, while isolation and ward beds are 47 percent and […]

Read more