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Category: general

More foreigners buying Philippine stocks since CMEPA, says PSE

MANILA, Philippines — Foreigners have been buying more Philippine stocks than they have been selling since a new law enhancing the local capital markets came into effect in July. This is seen to signal a more attractive environment for international investors. Ramon Monzon, president and CEO of the Philippine Stock Exchange, on Wednesday said the

UAAP: Kymani Ladi, Ateneo eye better execution amid perfect start

MANILA, Philippines—For the second straight game in a row, Ateneo relied on dynamic forward Kymani Ladi to push it to the win. This time, though, Ladi wasn’t fully satisfied with how the Blue Eagles escaped past winless University of the East, 62-60, on Wednesday at UST’s Quadricentennial Pavilion. READ: UAAP: Ateneo edges UE for 2-0

UAAP: Ray Allen Torres’ dagger 3 lifts Adamson, keeps UP winless

MANILA, Philippines—Adamson shrugged off a chaotic fourth quarter and turned to Ray Allen Torres to upset University of the Philippines, 62-59, and notch its first win in the UAAP Season 88 men’s basketball tournament on Wednesday. After numerous questionable calls in the fourth quarter that ultimately led to a 59-all deadlock in the dying seconds,

Megawide shares reach 2-year high

MANILA, Philippines – Megawide Construction Corp.’s share price closed at P3.58 each on Wednesday, marking a two-year high after raising its dividend policy ceiling and amid expectations that it would triple its profit within the next two years. The company led by tycoon Edgar Saavedra ended the trading day as one of the bourse’s top

FIVB Men’s World: Italy gets back at Belgium, advances to semis

MANILA, Philippines — Defending champion Italy exacted a sweet revenge on Belgium with a rousing 25-13, 25-18, 25-18 win to advance to the FIVB Volleyball Men’s World Championship semifinals on Wednesday at Mall of Asia Arena. Roberto Russo powered another balanced attack of the Italians with 12 points after scattering six kills, four blocks, and

DOF secures legislative backing for P38-B budget

MANILA, Philippines — The Department of Finance (DOF) has secured support for its 2026 budget proposal amounting to P38 billion from House Committee on Appropriations vice chair Bella Vanessa Suansing. Suansing, the Sultan Kudarat Representative, recognized the DOF’s crucial role in her sponsorship speech before the House Plenary on Sept. 23. “The Department of Finance