THE PESO strengthened against the greenback on Wednesday backed by risk-on sentiment following the extension of key measures for the government’s pandemic response as well as a likely Democrat win in the Georgia senatorial runoff elections. The local unit closed at P48.033 versus the dollar yesterday, gaining 3.2 centavos from its P48.065 finish on Tuesday, data from the Bankers Association…

Continue Reading

By Revin Mikhael D. Ochave, Reporter SHARES ended in negative territory on Tuesday as investors booked their gains and as market sentiment was dampened by recent manufacturing data. The benchmark Philippine Stock Exchange index (PSEi) fell 63.32 points or 0.88% to close at 7,134.18, while the broader all shares index declined 43.22 points or one percent to end at 4,273.94.…

Continue Reading

LOCAL STOCKS ended the first trading day of 2021 on a high note as investor sentiment got a lift from the ongoing rollout of coronavirus disease 2019 (COVID-19) vaccines around the world. The 30-member Philippine Stock Exchange index (PSEi) improved 57.79 points or 0.8% to close at 7,197.50 on Monday, while the broader all shares index rose 44.55 points or…

Continue Reading

By Gillian M. Cortez, Reporter PHILIPPINE President Rodrigo R. Duterte risks losing focus on the country’s battle against the coronavirus as preparations for next year’s presidential elections get under way, analysts said. “This administration is going to find it difficult trying to accomplish anything meaningful and substantial in 2021, as it builds up the war chest for the elections,” said…

Continue Reading

Create timeless moments with your family at Likha Residences The home is valued now more than ever as people go out less often for work or leisure. Thus, many get to spend most of their time with their families at the comforts of their homes. Besides, what makes a home, however grand or sophisticated it may be, is how it…

Continue Reading

Best known for her work with puppets and children’s theater, National Artist for Theater Amelia Lapeña-Bonifacio died on Dec. 29. This was announced by Teatrong Mulat ng Pilipinas, the theater group she had founded, through a Facebook post. “It is with great sadness that we announce the passing of National Artist Amelia Lapeña-Bonifacio, University of the Philippines Professor Emeritus and…

Continue Reading

As the year draws to a close, SM Supermalls lights up the sky with a heart-warming visual spectacle themed as “Beacon of Hope” to welcome 2021 in high spirits. Released on SM Supermalls Facebook page on New Year’s Eve, the Beacon of Hope video shows select SM malls across the country illuminating the night with bright and colorful virtual projection…

Continue Reading

The designer who democratized fashion, Pierre Cardin, died on Dec. 29 at the age of 98. There is a good chance that there is at least one Pierre Cardin piece in your closet right now, either a belt, a scarf; or even a wallet. This is due to the numerous licensing deals the French designer entered in the 1980s, which…

Continue Reading

THE PRICES of agricultural products have been rising at a faster clip in recent months. — PHILIPPINE STAR/MICHAEL VARCAS By Luz Wendy T. Noble, Reporter HEADLINE INFLATION likely rose by 2.9% to 3.7% in December on the back of a quicker rise in the price of oil and agricultural products, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said…

Continue Reading

THE peso appreciated further on Monday after another round of stimulus package in the US was signed into law while overseas Filipino workers (OFWs) continue to send remittances during the holidays. The local currency ended at P48.055 per dollar on Monday, inching up by 1.5 centavos from the P48.07 close at the previous trading session on Wednesday last week, data…

Continue Reading