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Articles by Matthew Castillo
Maynilad shares edge up on water supply investments
Business World Philippines | November 02, 2026 SHARES of Maynilad Water Services, Inc. edged higher last week, outperforming the broader market, as an analyst cited the water utility’s investments in supply resilience and preparations for El Niño as factors supporting investor interest. Data from the Philippine Stock Exchange (PSE) showed that Maynilad was the 12th most actively traded stock last week, with 30.02 million shares worth P523.64 million changing hands.
Non-renewable energy resources valuation tops P295 billion in 2025
Business World Philippines | October 23, 2026 THE value of Philippine non-renewable energy resources in 2025 rose 3.2% to P295.04 billion due to the increased value of its coal, oil, and natural gas reserves, the Philippine Statistics Authority (PSA) said on Thursday. Citing preliminary data, the PSA said the 2025 valuation was the highest level since the 2023 level of P329.27 billion. The PSA added that non-renewable energy resources were equivalent to 0.15% of gross domestic product in 2025.
Building materials wholesale price growth in Metro Manila declines to 3-month low
Business World Philippines | October 14, 2026 WHOLESALE PRICE growth in September of construction materials in the National Capital Region (NCR) hit a three-month low, the Philippine Statistics Authority (PSA) said on Tuesday. Citing preliminary data, the PSA said year-on-year growth of the NCR construction materials wholesale price index (CMWPI) hit 3.4% in September, against the 3.6% posted in August, turning around from the 0.2% decline a year earlier.
PNB Holdings flat after market debut amid heavy turnover
Business World Philippines | October 05, 2026 SHARES of PNB Holdings Corp. ended flat week on week following its debut on the Philippine Stock Exchange (PSE), as selling by recipients of the property dividend was met by buying interest, according to an equity trader. PNB Holdings was the fifth most actively traded stock last week, with 1.07 billion shares worth P1.27 billion changing hands. The stock closed at P1.20 on Friday, unchanged from its closing price on its Sept. 25 debut.
Weaker profits, risk-off sentiment from Iran war spillovers hit Philippine banks’ shares
Business World Philippines | September 21, 2026 SHARES of listed Philippine banks ended mostly lower in the second quarter as rising provisions affected their profits and a weakening economy dragged investor sentiment. Out of 13 listed universal and commercial banks (U/KBs), eight saw year-on-year declines in their stock prices.
Semirara falls on coal auction delay
By Matthew Miguel L. Castillo, Researcher SHARES of Semirara Mining and Power Corp. (SMPC) ended lower week on week on Friday after the Department of Energy (DoE) delayed its coal block auction and amid concerns over the company’s earnings outlook, analysts said. Data from the Philippine Stock Exchange (PSE) showed that Semirara was the 17th most actively traded stock last week, with 23 million shares worth P430 million changing hands by Friday.
Semirara falls on coal auction delay
Business World Philippines | August 17, 2026 SHARES of Semirara Mining and Power Corp. (SMPC) ended lower week on week on Friday after the Department of Energy (DoE) delayed its coal block auction and amid concerns over the company’s earnings outlook, analysts said. Data from the Philippine Stock Exchange (PSE) showed that Semirara was the 17th most actively traded stock last week, with 23 million shares worth P430 million changing hands by Friday.
NCR construction prices jump to nearly 3-year high in July
A construction site is seen in Parañaque City. — PHILIPPINE STAR/RYAN BALDEMOR By Matthew Miguel L. Castillo, Researcher WHOLESALE PRICES of construction materials in Metro Manila rose to a nearly three-year high in July as costs of concrete products surged, the Philippine Statistics Authority (PSA) said on Wednesday.
NCR construction prices jump to nearly 3-year high in July
A construction site is seen in Parañaque City. — PHILIPPINE STAR/RYAN BALDEMOR By Matthew Miguel L. Castillo, Researcher WHOLESALE PRICES of construction materials in Metro Manila rose to a nearly three-year high in July as costs of concrete products surged, the Philippine Statistics Authority (PSA) said on Wednesday.
NCR construction prices jump to nearly 3-year high
Business World Philippines | August 13, 2026 WHOLESALE PRICES of construction materials in Metro Manila rose to a nearly three-year high in July as costs of concrete products surged, the Philippine Statistics Authority (PSA) said on Wednesday. Preliminary data from the PSA showed that the Construction Materials Wholesale Price Index (CMWPI) grew by 3.5% in July in the National Capital Region (NCR), a turnaround from the 0.3% decline a year ago.
Atlas Mining stock jumps on earnings, redevelopment Original
By Matthew Miguel L. Castillo, Researcher SHARES of Atlas Consolidated Mining and Development Corp. climbed last week after the company reported a turnaround in first-half earnings amid higher commodity prices and as its mining pit redevelopment program nears completion, analysts said. Data from the Philippine Stock Exchange (PSE) showed Atlas Mining was the 10th most actively traded stock during the week, with 59.04 million shares worth P660.81 million changing hands as of Friday.
Atlas Mining stock jumps on earnings, redevelopment
Business World Philippines | July 27, 2026 SHARES of Atlas Consolidated Mining and Development Corp. climbed last week after the company reported a turnaround in first-half earnings amid higher commodity prices and as its mining pit redevelopment program nears completion, analysts said. Data from the Philippine Stock Exchange (PSE) showed Atlas Mining was the 10th most actively traded stock during the week, with 59.04 million shares worth P660.81 million changing hands as of Friday.
Converge shares fall on PSEi exclusion concerns
ONVERGE ICT SOLUTIONS, INC. By Matthew Miguel L. Castillo, Researcher SHARES of Converge ICT Solutions, Inc. declined week on week amid concerns over its possible exclusion from the Philippine Stock Exchange index (PSEi), while weaker economic growth forecasts also weighed on market sentiment, analysts said. Data from the Philippine Stock Exchange (PSE) showed Converge was the 13th most actively traded stock during the week, with 53 million shares worth P505.66 million changing hands as of Friday.
Converge shares fall on PSEi exclusion concerns
ONVERGE ICT SOLUTIONS, INC. By Matthew Miguel L. Castillo, Researcher SHARES of Converge ICT Solutions, Inc. declined week on week amid concerns over its possible exclusion from the Philippine Stock Exchange index (PSEi), while weaker economic growth forecasts also weighed on market sentiment, analysts said. Data from the Philippine Stock Exchange (PSE) showed Converge was the 13th most actively traded stock during the week, with 53 million shares worth P505.66 million changing hands as of Friday.
Converge shares fall on PSEi exclusion concerns
Business World Philippines | July 13, 2026 SHARES of Converge ICT Solutions, Inc. declined week on week amid concerns over its possible exclusion from the Philippine Stock Exchange index (PSEi), while weaker economic growth forecasts also weighed on market sentiment, analysts said. Data from the Philippine Stock Exchange (PSE) showed Converge was the 13th most actively traded stock during the week, with 53 million shares worth P505.66 million changing hands as of Friday.
Philippine healthcare spending rises to 6.7% of GDP in 2025
A nurse checks on patients at the Dr. Jose Fabella Memorial Hospital in Manila, Jan. 1, 2026. — PHILIPPINE STAR/RYAN BALDEMOR By Matthew Miguel L. Castillo, Researcher HEALTHCARE SPENDING accounted for a larger share of the Philippine economy in 2025, as inflation and increased spending boosted health expenditures.
Healthcare spending rises to 6.7% of GDP in 2025
Business World Philippines | June 19, 2026 HEALTHCARE SPENDING accounted for a larger share of the Philippine economy in 2025, as inflation and increased spending boosted health expenditures. Preliminary data from the Philippine Statistics Authority (PSA) showed national health expenditure rose to 6.7% of gross domestic product (GDP) in 2025, from an upwardly revised 6.2% in 2024. The 6.7% share was the highest since the PSA began compiling national health expenditure data in 1991.
To turn ablaze or keep going?
Oil shock paradox plaguing the Philippine banking sector By Matthew Miguel L. Castillo, Researcher A BARRAGE of missiles was heard around the world at the end of February as the United States and Israel struck Iran after prolonged diplomatic banter. The explosive onslaught on Feb. 28, tagged “Operation Epic Fury,” was the first violent initiative drawn by American forces against Middle Eastern entities for the year.
JFC shares decline on weak sentiment
By Matthew Miguel L. Castillo, Researcher SHARES of Jollibee Foods Corp. (JFC) declined last week as softer investor sentiment linked to geopolitical tensions in the Middle East and recent company developments weighed on outlook, analysts said. Data from the Philippine Stock Exchange (PSE) showed Jollibee was the fifth most actively traded stock last week, with 7.76 million shares valued at P1.01 billion changing hands as of Thursday.
JFC shares decline on weak sentiment
By Matthew Miguel L. Castillo, Researcher SHARES of Jollibee Foods Corp. (JFC) declined last week as softer investor sentiment linked to geopolitical tensions in the Middle East and recent company developments weighed on outlook, analysts said. Data from the Philippine Stock Exchange (PSE) showed Jollibee was the fifth most actively traded stock last week, with 7.76 million shares valued at P1.01 billion changing hands as of Thursday.
To turn ablaze or keep going?
Business World Philippines | June 15, 2026 Oil shock paradox plaguing the Philippine banking sector A BARRAGE of missiles was heard around the world at the end of February as the United States and Israel struck Iran after prolonged diplomatic banter. The explosive onslaught on Feb. 28, tagged ‘Operation Epic Fury,’ was the first violent initiative drawn by American forces against Middle Eastern entities for the year.
ICTSI shares rise on expansion preparations, improving sector outlook
By Matthew Miguel L. Castillo, Researcher SHARES of International Container Terminal Services, Inc. (ICTSI) rose last week after the company secured a $300-million loan to support future expansion plans, while sentiment toward the services sector continued to recover, analysts said. Data from the Philippine Stock Exchange (PSE) showed ICTSI was the most actively traded stock last week, with 5.88 million shares worth P4.74 billion changing hands as of Friday.
ALI stocks dip on headwinds, cautious outlook
Park Central Towers, Makati City — AYALALAND.COM By Matthew Miguel L. Castillo, Researcher SHARES of Ayala Land, Inc. (ALI) declined last week as investors remained cautious amid sectoral headwinds and the company’s defensive shift, analysts said. Data from the Philippine Stock Exchange (PSE) website showed that ALI was the sixth most actively traded stock for the week, with 58.33 million shares worth P910.33 million changing hands by Thursday.
ALI stocks dip on headwinds, cautious outlook
Park Central Towers, Makati City — AYALALAND.COM By Matthew Miguel L. Castillo, Researcher SHARES of Ayala Land, Inc. (ALI) declined last week as investors remained cautious amid sectoral headwinds and the company’s defensive shift, analysts said. Data from the Philippine Stock Exchange (PSE) website showed that ALI was the sixth most actively traded stock for the week, with 58.33 million shares worth P910.33 million changing hands by Thursday.
Trade deficit narrows to $4.05 billion in January
A truck is loaded with a container at the Manila International Container Terminal at the Port of Manila in Manila, Philippines, Aug. 11, 2025. REUTERS/Eloisa Lopez By Matthew Miguel L. Castillo, Researcher The country’s trade-in-goods deficit narrowed by 17.8% year on year in January as exports growth moderated while imports declined, the Philippine Statistics Authority reported on Friday.
7-27-27 Cashman and Boone Have a Mess Can They Fix it? on Apple Podcasts
Yankees continue to nose dive and Matt discusses can the Yankees fix it, can they turn it around and make a run for the title.
See An-My Lê at MoMA before the show closes today
One photograph by the Vietnamese-American artist An-My Lê’s stunning exhibition at MoMA (closing 3/16) has been working on my mind. It’s called “Small Arms Target Practice” (2006). Five men appear in the line of fire as they work to pin up targets during a breezy day. In this moment, they are the targets they will shoot. As enlisted soldiers, they are — literally — targets for other armies. The sea forms the background; cement is at the foreground.
The Saturday Sports Report: Best of the Saturday Sports Report: Interview with Byrnes Head Basketball Coach, Coach Fowler on Their Upper State Championship And on The Preparation On The State Championship Game on Apple Podcasts
Coach Fowler joins the show to talk about the upper state championship game, the season as a whole and their preparations for the state championship game next week
Knicks State of Mind: 2K Ratings, Fan Sells His Fanhood, All-Time List (Audio)
This episode Knicks State of Mind Podcast Chip and Matt open the show talking about 2K ratings for Porzingis, Kanter, Hardaway Jr., Ntilikina.
Knicks State of Mind Podcast: Over/Under Game, All-Time List Pick #5 (Audio)
Originally from Long Island, Matt grew up as a die heart Yankees, Jets, Knicks, and Rangers fan. Matt moved to South Carolina when he was 13, but this did not stop him from watching his favorite teams. He graduated with a Bachelor degree in Mass Communications from the University of South Carolina Upstate. Other than a contributor for Elite Sports NY, Matt was a former writer for Skyscrapersports and currently is a writer and co-host for The Assist Podcast.
Kristaps Porzingis Speaks About The Knicks New Organizational Direction
Last summer, New York Knicks star Kristaps Porzingis appeared to be upset with the direction that the Knicks were heading in. Remember when he didn’t show up for his exit meeting? The Knicks were even hearing offers for Porzingis at this point last year. Porzingis’s brother was even warning the Knicks that if things don’t change he could leave when he was eligible for free agency.
Knicks State of Mind Podcast: Noah's playing time and the downward spiral (Audio)
Chip Murphy and Matt Castillo discuss if this means veteran Joakim Noah is slowly sliding into the rotation or whether it’s simply a matchup thing. If teams go big, then it makes sense to play Noah. In the second segment of the Knicks State of Mind Podcast, Chip and Matt talk about the recent struggles by the Knicks. Matt brings up the point that the last two years we seen the Knicks get off to a strong start but fall apart by Christmas time.
Knicks State of Mind Podcast: Christmas Day let down, THJ injury update
Both Chip Murphy and Matt Castillo felt like it was a winnable game (in Chicago) for the New York Knicks and the bench let them down. Also, they point out the struggling offense due to not having a point guard to run the offense or steer the team back in the right direction. In the second segment of the Knicks State of Mind Podcast, they discuss the update on Tim Hardaway Jr injury. They discuss the three-point shooting struggles without him on the floor.
New York Knicks: Carmelo Anthony shouldn't be booed in MSG return
Anytime a former star player returns to their former team the big question is, how will the crowd react? Will they boo or will they cheer, or possibly a mixture of both. Remember when LeBron James returned to Cleveland for the first time when he was a member of the Miami Heat? Or how about Kevin Durant‘s return to Oklahoma City? Those returns were brutal for both of these guys, and this kind of reception should not be the case for when Carmelo Anthony returns to the Garden on Saturday night.
New York Jets Cannot Lose to Ryan Fitzpatrick (ESNY Video)
The New York Jets will look to win their second game in a row on Sunday when they take on the Tampa Bay Buccaneers. In order to get their second win in a row, they’ll have to beat their former quarterback Ryan Fitzpatrick. Fitzpatrick was the Jets quarterback the last two seasons. When he first took over in 2015 after Geno Smith was punched in the face by IK Enemkpali breaking his jaw. Fitzpatrick had an amazing 2015-16 season throwing for 3,905 yards.
New York Knicks Shopping Mindaugas Kuzminskas To Open Roster Spot (Report)
Mindaugas Kuzminskas is yet to play in a regular season game this season and firmly out of Jeff Hornacek’s rotation. With the New York Knicks needing to open up a roster spot for Joakim Noah‘s return from suspension Kuzminskas is an obvious candidate to go. According to Ian Begley of ESPN New York, the Knicks have contacted teams to gauge interest in the 28-year-old.
Former Blue Jays, Phillies Legend Roy Halladay Dead In Plane Crash
Roy Halladay, a former World Series champion and two-time Cy Young Award recipient, died in a plane crash Tuesday afternoon in the Gulf of Mexico. He was just 40 years-old. The former Toronto Blue Jays and Philadelphia Phillies legend threw two no-hitters over his legendary 16-year MLB career. Halladay was a first-round selection in the 1995 MLB draft and made his first appearance in the big leagues three years later.
New York Knicks: Can Kristaps Porzingis Handle Expectations in Year 3?
Part of this is due to when things were going wrong it was Anthony who was eaten alive by the media. Now since this is Porzingis’s team the media will surround Porzingis for answers. At the age of 23, Porzingis will have major responsibilities. The question is, is he up for it? Porzingis has the talent to be worthy of being the face of the franchise but in order to take that step this year, he needs to accomplish three things. The first thing is staying healthy.
New York Giants: Nice To DRC You! Rodgers-Cromartie Returns From Suspension
This time last week, some would’ve called it a miracle to see Dominique Rodgers-Cromartie back in New York Giant blue. The cornerback returned from a one-week suspension, greeting reporters with disclaimers and clarifications about his mysterious single-game exile. Throughout his post-practice availability, however, Rodgers-Cromartie kept a smile on his face, exuding an aura of positivity.
New York Jets History: Remembering 5 Classic Matchups with Browns
Cleveland, you’ve seen the New York Jets before. But you’ve never seen them quite like this. Overall, this marks the 24th all-time regular season meeting between these two franchises with the Cleveland Browns owning a slight 12-11 edge. They have met once in the postseason with the Browns winning in the 1986 Divisional Round. Currently, the New York Jets have a four-game win streak against Cleveland and are 5-3 against the Browns since they returned to the NFL in 1999.
New York Jets Week-to-Week Roadmap to 9-7 and a Playoff Berth
Tanks for nothing, Gary Myers. This one’s for you. On Jun. 8, 2017, Mr. Myers of the New York Daily News drew up his week-to-week roadmap of the New York Jets 0-16 season. Not only did he fall into that infamous tank trap so many other so-called “experts” did, he made it sound like the team would be lucky to win even one game — one game in the National Football League, a place built around so much luck and circumstance it’s embarrassing to even mention it.
Despite 'Expert' Analysis, the New York Jets Can Absolutely Make the Playoffs
It all started with a depressing bang. Somehow, somewhere, one person in the media introduced the idea of “tanking” to the general public. This person witnessed names like Darrelle Revis, Nick Mangold and Brandon Marshall no longer employed with the New York Jets and thought, “Hey, look at Mike Maccagnan go. He’s going all-out for that gun-slinger who beat Penn State in the Rose Bowl.” More writers, so-called experts in Jet land immediately hopped on the idea and it spread like wildfire.
Jets-Browns Week 5 Game Notes: NY Looks for 5th Straight
The surprising New York Jets look to make it three straight victories at the expense of the winless Cleveland Browns. New York Jets (2-2) at Cleveland Browns (0-4) History Jets travel to Cleveland for second straight season (31-28 win in Week 8 in ’16). Teams meet for third straight season and fourth time in five years dating back to 2013. Jets have won four straight meetings dating back to ’10. Jets By The Numbers Defeated Jaguars, 23-20 (OT), in Week 4.
Manslaughter Charges Filed In Former Jet Dennis Byrd's Death
Former New York Jets defensive end Dennis Byrd tragically lost his life at the age of 50 in a car accident on October 15, 2016. Today, charges were filed on 18-year-old Zachary Reed. According to the Oklahoma Highway Patrol, Reed was driving northbound when he veered into the oncoming lane and struck Byrd’s vehicle. Byrd was a second-round pick of the Jets in the 1989 draft. He recorded 28 sacks in 57 games.
Meet Madison Square Garden: Paul Carey Gets Well-Deserved Taste of Rangers Lifestyle
The New York Rangers are ready to put out a solid team for opening night. Paul Carey might be one of those guys making the list come Oct. 5. Paul Carey has played most of his hockey career in the minor leagues, most recently when he was a member of the Washington Capitals organization. He skated for their AHL affiliate, the Hersey Bears, for two seasons. Last season for Hershey, he appeared in 55 games and registered 24 goals with 31 assists for 55 points.
New York Mets Would Be Making A Mistake By Extending Jacob deGrom
Jacob deGrom is a heck of a pitcher, arguably one of the best not only in the National League, but all of baseball. He’s also 29 years old and under team control for three more seasons. Which makes a report from FanRag Sports’ Jon Heyman, who says the Mets “are expected to explore the possibility of a multi-year deal this winter for [their] ace” all the more puzzling. And it begs the question: Why? Yes, deGrom has been one of the few bright spots in a disastrous 2017 season for the Amazin’s.
Jet Up: 2 Keys to Victory In Week 4 For Jets-Jaguars Matchup
Well, we now know that the New York Jets are not going to be 0-16…which was a ridiculous claim in the first place. The Jets dominated the Miami Dolphins on Sunday, winning 20-6 to go 1-2 on the season. It easily could have been a shutout but the Jets gave up a touchdown on the final play of the game. But hey! You can’t complain! The Jets showed they are a lot better than people give them credit for. Some Jets fans might be upset that they won.
Actually, You’re Wrong! Podcast: A Giant Disgrace, Jets Get Danced On & WWE No Mercy (Audio)
ESNY’s Nick Durst and Andrew Hershkowitz come at you with the hottest topics in sports in the Actually, You’re Wrong! Podcast.It is Episode 18 of Actually, You’re Wrong! as Nick Durst and Andrew Hershkowitz are back at it again, discussing a multitude of topics in the world of sports.Who is to blame for the New York Giants loss to the Detroit Lions?Who deserves the blame for the New York Jets loss to the Oakland Raiders?Why does it look like Eli Manning is playing scared?Was the New York...
Knick State of Mind Podcast: Porzingis' ESPN Ranking, Jack Signing, Draft Lottery Reform (Audio)
Last week, the Knicks State of Mind podcast opened the show with the ESPN’s top 100 player list. We discussed Carmelo Anthony being ranked 64th. This week we open the show with where Kristaps Porzingis was ranked which is 22nd. Chip and Matt discuss if they feel like Porzingis should be ahead of players such as Blake Griffin and Kyrie Irving. Also, could the high ranking add even more pressure on him. The ranking certainly indicates what has been discussed on the show before.
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NFL news, rumors, stats, standings, schedules, rosters, salaries and editorials at Elite Sports NY.
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