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MANILA, Philippines — The local stock barometer extended its winning streak to the third consecutive session on Thursday after the US Federal Reserve cut rates for the first time this year, yet another positive signal for markets across the globe. By the closing bell, the benchmark Philippine Stock Exchange Index (PSEi) added 22.96 points to end
In a recently decided case, the Supreme Court explained the different actions for claiming land ownership and possession. Lea Victa-Espinosa bought a parcel of land. When she had it surveyed, she discovered that parts of the land were occupied by the spouses Noel and Leny Agullo. Espinosa demanded that the Agullos vacate the portion belonging
Bhojpuri superstar Pawan Singh has left the reality show Rise & Fall.
Abhinav Kashyap, the director of the blockbuster film Dabangg, recently revealed that actor Salman Khan was insecure about his co-star Sonu Sood.
MANILA, Philippines — The Ayala group’s Automobile Central Enterprise Inc. (ACEI) has come into an agreement with Volkswagen AG to end the distribution of the German brand’s vehicles in the Philippines. ACEI said in a notice to customers that, considering this, Volkswagen BGC will continue its operations until Sept. 30 only. A member of the Ayala
MANILA, Philippines — The state-controlled Social Housing Finance Corporation (SHFC) has approved a total of 19 Enhanced Community Mortgage Program (ECMP) projects nationwide, aiming to secure housing for more than 3,400 families. In a statement on Thursday, SHFC said that moving forward, it expected to approve more ECMP projects in the coming weeks. The approvals are
Japanese organizers admit public awareness of the Asian Games in Aichi-Nagoya “needs to be higher” as they look to ramp up interest with Friday marking a year to go until the start of the sporting spectacular. The pandemic-delayed 2023 edition in Hangzhou, China, featured about 12,000 athletes–the biggest Asian Games in history boasting more competitors
MANILA, Philippines — Food manufacturing giant Del Monte Pacific Ltd. (DMPL) is in talks with creditors to extend the maturity of debts falling due in fiscal year 2026, alongside plans to raise fresh equity as it grapples with a $600-million capital deficiency. Nonetheless, DMPL said it was confident in its ability to maintain uninterrupted business
