The Philippine Stock Exchange Index (PSEi) corrected on Monday, Dec. 1, with investors booking gains after the country’s manufacturing index fell. The main index dropped 32.95 points, or 0.55 percent, to close at 5,989.29. Conglomerates led the retreat, even as the Services and Mining sectors...
The Philippine Economic Zone Authority (PEZA) is taking a major step towards establishing more pharmaceutical ecozones in the country following an agreement with state-run Philippine Pharma Procurement Inc. (PPPI). The PEZA said it entered into a memorandum of understanding (MOU) with PPPI to...
The national government should stay firm in asserting its maritime rights in the West Philippine Sea (WPS) as an international think tank warned on Monday, Dec. 1, that China’s long-term strategic ambitions under President Xi Jinping frame the Philippines as a critical factor in Beijing’s...
Senate President Pro Tempore Panfilo “Ping” Lacson has filed a bill seeking to establish a Philippine national coffee industry development program in support of the country’s local growers. Lacson noted that coffee “is life for many Filipinos, but for our local growers, it 's a daily...
The Philippine Coast Guard (PCG) has tightened its watch over waters off Zambales as the patrol vessel BRP Cabra (MRRV-4409) continued to block the advance of three Chinese Coast Guard (CCG) ships inching toward the country’s western coastline. PCG spokesperson for West Philippine Sea (WPS)...
Investors in the local stock market hope that share prices will sustain last week’s gains as the government is set to announce the November inflation rate this week, which could support a rate cut by the Bangko Sentral ng Pilipinas (BSP). “Whilst hard fought, positive sentiment still took over...
The Philippine Red Cross (PRC) said a total of 48 individuals received medical assistance during the “Trillion Peso March for Truth and Accountability” held on Sunday, November 30, at the Quirino Grandstand in Manila and the EDSA Shrine in Quezon City. In its latest update as of 4 p.m., the PRC...
Flag-carrier Philippine Airlines (PAL) said it has fully complied with the software update directive from Airbus and the European Union Aviation Safety Agency (EASA) for the Elevator and Aileron Computer (ELAC) on all affected aircraft. The mandatory upgrade, prompted by a global safety advisory...
The Philippine Red Cross (PRC) on Saturday, November 29, announced a full-scale operational readiness plan ahead of the second “Trillion Peso March for Truth and Accountability,” as tens of thousands are expected to converge at the Quirino Grandstand in Manila and the EDSA Shrine in Quezon...
The country’s leading carriers are working round-the-clock to complete the industry-wide mandated software update on Airbus narrow-body jets by Sunday noon, aiming to prevent further flight cancellations that have affected thousands of passengers. Acting Transportation Secretary Giovanni Lopez...
The Department of Education (DepEd) on Saturday, November 29, commended Team Philippines for delivering one of its strongest performances yet at the 14th ASEAN School Games (ASG), securing a 4th-place overall finish with a 43-medal haul—11 gold, 10 silver, and 22 bronze. In a statement, DepEd...
Two of the country’s largest air carriers are scrambling to avert major travel disruption by pulling some of their Airbus SE narrow-body jets from service to perform an “urgent” software fix. On Saturday, Nov. 29, Philippine Airlines (PAL) and budget carrier Cebu Pacific (CEB) announced they...
