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SPEAKER Martin Romualdez yesterday assured the public that the price of rice is expected to go down in time for President Marcos Jr.’s third State of the Nation (SONA) on July 22 because of the Chief Executive’s issuance of an executive order reducing tariff rates on imported rice.
MANILA, Philippines — Share prices sustained their climb for a second consecutive session as investors continued their bargain hunting while waiting for the Bangko Sentral ng Pilipinas (BSP) meeting this week.
Agriculture in tiny Taiwan, with its land area of nearly 36,200 square kilometers just over a tenth that of the Philippines, will make the P20-a-kilo rice administration drool with envy.
HONG KONG, China — Asian equities edged higher Tuesday after recent losses as investors ignored another tough day for tech titans on Wall Street that has raised concerns about a correction in markets following a string of record highs.
DigiPlus [PLUS 13.00, down 12.0%; 601% avgVol] [link] notified the exchange that it would list 1.65 billion common shares on July 25 from a series of subscriptions that were made by a group of buyers (from PLUS’s ownership group) in March 2022 at P1.65/share. The shares have already been counted as issued and outstanding. This transaction only listed the shares which makes them eligible for trade on the PSE’s system.
THE peso arrested its fall on Monday but stayed at an over 19-month low while the stock market snapped an eight-day decline to edge higher.
THE first time I saw Maramag, Bukidnon was over two decades ago during my drive from Manila to Davao. After about three hours of driving from Cagayan de Oro, we were greeted by the breathtaking view of Mount Kalatungan, the fifth highest mountain in the Philippines, and enchanting mountain lakes when we stopped at a junction where many roads crisscross.
HONG KONG, China — Asian and European markets were mixed Monday after last week's poor run as investors look ahead to the release of key US inflation data, while eyes are on Japan as the yen sits around three-decade lows.