PH growth to remain one of region's highest
THE Philippines will remain one of the fastest-growing East Asia and Pacific (EAP) economies even as a slowdown in China weighs on the region's expansion, the World Bank said on Tuesday.
Markets latest news
Cagayan group produces chips, noodles from Guraman
THE Women in Fisheries Enterprises of Gonzaga (WFEG) in Cagayan province has adopted the technology of the Bureau of Fisheries and Aquatic Resources (BFAR) in producing nutritious seaweed chips and seaweed noodles.
False tweet from US regulator briefly sends bitcoin soaring
NEW YORK, United States — An unauthorized message posted to the US Securities and Exchange Commission's official X account briefly sent bitcoin prices soaring, forcing the market regulator to deny it had approved a new cryptocurrency product.
PLDT, Smart take on 'buy local' advocacy to benefit farmers, community artisans
MANILA, Philippines — PLDT and its wireless unit, Smart Communications Inc., recently joined hands to support a common cause that of boosting the livelihood of local farmers and community artisans by "buying local."
WATCH: 'Toughest phone' survives 50-foot drop test
MANILA, Philippines — A new phone in the Philippines, touted to be the "toughest phone in the market to date," would be "hard launched" on January 12 with a live Facebook presentation of the phone's 100-foot drop.
DA creates Technical Working Group to prepare IRR for Price Act
Agriculture Secretary Francisco Tiu Laurel, Jr. has formed a Technical Working Group (TWG) tasked to draft the rules and regulations to implement Section 9 of the Price Act relating to agricultural products.
PH labor market continues to improve, records historic low unemployment rate of 3.6% in November 2023
The Philippines’ labor market continues to improve with its unemployment rate reaching the lowest level since 2005 at 3.6 percent in November 2023.
Quick look at the week ahead
There are no scheduled PSE events this week, but it is the first full trading week of the year and we have the December inflation data in, so hopefully traders and investors will get a good look at the market this week. There are also no major scheduled events in the US markets, so it’s shaping up to be pretty quiet.MB BOTTOM-LINE: For any long-term investors out there, it’s a great time to review your thesis and your portfolio, and plan out any adjustments that you might need to make. My theme for FY23 was “Defense”, but I think my theme for FY24 is going to be “Preparation”; there’s a huge amount of uncertainty in the market right now, and I think that turning a profit this year will hinge on how quickly I’m able to convert event-based price drops into buying opportunities. These types of opportunistic trades were by far the most profitable for me in FY23, but they required me to be almost hyper-focused on a small number of stocks. I’m going to maintain that effort this year, or at least until it feels like the market has more of a direction.