Colonel Audie Mongao, a Philippine Army (PA) official who posted on social media his supposed withdrawal of support from President Marcos Jr., will face a general court martial (GCM), a senior military official revealed on Monday, Feb. 16. Lt. Gen. Antonio Nafarette, PA commanding general, said he...
Ayala-led Bank of the Philippine Islands (BPI) is planning to increase the frequency of its fund-raising activities, potentially moving toward monthly bond issuances, after a ₱50 billion offering saw demand surge to 10 times the initial target. BPI President and Chief Executive Officer Jose...
Local stock market is poised to trade on expectations surrounding the Bangko Sentral ng Pilipinas’ (BSP) upcoming policy meeting, with investors looking for a pivot toward monetary easing. The Monetary Board’s decision and subsequent guidance will be crucial in determining whether the...
An Australian warship transited the South China Sea near the Kalayaan Island Group (Spratly Islands) and dropped anchor in Subic for a port visit aimed at strengthening maritime ties with the Philippine Navy (PN). The PN, through the Philippine Fleet (PF), is hosting HMAS Toowoomba, an Anzac-class...
The Department of Education (DepEd) is facing criticism after unveiling its proposed trimester system, with a group warning that both educators and students could be treated like “lab rats” amid what critics call hit-or-miss education reforms. In a statement issued on February 14, the Alliance...
On paper, the Philippines has never invested more in higher education: college tuition is free in state universities, enrollment has surged, and thousands of academic programs promise opportunity. But behind this expansion lies a quieter reality—the very agency tasked with ensuring quality is...
The Armed Forces of the Philippines (AFP) has strengthened its military cooperation with the United States and Japan in separate high-level engagements ahead of major military exercises set this year, ranking officials disclosed on Saturday, Feb. 14. The Philippine Army (PA) said it is bolstering...
The Philippine Red Cross (PRC)–Malabon Chapter conducted a Valentine’s Day health caravan that provided free medical services to about 1,500 residents in Barangay Hulong Duhat. The event dubbed “Health is Life,” the caravan was held from 9 a.m. to 3 p.m. in partnership with...
The Department of Education (DepEd) faces delays in delivering textbooks to millions of students due to regional gaps in the Philippines’ publishing industry, prompting experts to call for expanded local publishing. In a statement released on Friday, February 13, the Second Congressional...
The Philippine Stock Exchange index (PSEi) fell on continued profit-taking on Friday, Feb. 13, after the government reported a steep fall in foreign investment pledges. The main index dropped 86.67 points, or 1.34 percent, to close at 6,384.58. Miners led the retreat across the board. Volume...
Ayala-led Bank of the Philippine Islands (BPI) raised ₱50 billion through an offering of social bonds, the lender’s largest-ever peso-denominated issuance as investors swarmed the deal. The final volume for the BPI SIGLA Bonds—an acronym for Supporting Individuals Grow, Lead, and...
Local equities snapped a two-day winning streak on Thursday, Feb. 12, as investors moved to lock in gains from recent rally, tracking the broader retreat in global markets following strong United States (US) labor data. The Philippine Stock Exchange index (PSEi) declined 27.57 points, or 0.42...
