The Philippine Stock Exchange index (PSEi) rose further on Friday, Nov. 21, after investors reacted positively to the government’s announcement of a balance of payments (BOP) surplus. The benchmark index rose by 66.32 points, or 1.12 percent, to close at 5,997.13. Conglomerates led Friday’s...
At least five Chinese vessels and two aircraft were spotted operating in Bajo de Masinloc (Scarborough or Panatag Shoal), West Philippine Sea (WPS) on Friday, Nov. 21, according to the Philippine Coast Guard (PCG). The Chinese forces were monitored during a routine maritime domain awareness (MDA)...
Senate President Vicente "Tito" Sotto III has urged the leadership of the Philippine National Police (PNP) that members of the Police Security and Protection Group (PSPG) who escort or provide security to VIPs be given regular lectures and workshops on respect and proper decorum. During the...
Philippine Rating Services Corp. (PhilRatings) has upgraded the issue credit rating of STI Education Services Group Inc.’s (STI ESG) outstanding bonds amounting to ₱820 million to PRS Aa, with a stable outlook, from the previous rating of PRS A plus, with a positive outlook. Obligations rated...
The Philippine Stock Exchange index (PSEi) continued to rally on Thursday, Nov. 20, as foreign investors joined the bargain buying following expectations of a rate cut and the exemption of Philippine agricultural exports from higher United States (US) tariffs. The main index soared by 117.1 points,...
The Department of Education (DepEd) reaffirmed that education remains a top priority for the current administration, citing President Marcos’ recent visits to Albay and Pasig City as examples of the government’s commitment to learners’ welfare, disaster preparedness, and youth development. In...
Filipinos are consuming rice faster than the country can grow it, with a study from Ateneo de Manila University warning that stagnant farm yields and shrinking farmland are widening the nation’s rice deficit despite years of government interventions. The Philippines consumed 2.3 million metric...
The Philippine Stock Exchange index (PSEi) rose on Wednesday, Nov. 19, after a lot of Philippine agricultural products were exempted from United States (US) tariffs while the Bangko Sentral ng Pilipinas (BSP) raised hope for one more rate cut, triggering more bargain buying. The main index jumped...
Filipino fishers facing growing risks in the West Philippine Sea (WPS) received new support from the Philippines and United States during a fisherfolk congress held in Makati City recently, where communities recounted worsening encounters with Chinese maritime militia and pressed for stronger...
The Philippine Stock Exchange index (PSEi) declined on Tuesday, Nov. 18, as cautious investors immediately took profit from Monday’s price spike after the former chief economic manager of the Marcos Jr. administration projected that this year’s economic growth pace will fall well below the...
The Philippine Coast Guard (PCG) and United States Coast Guard (USCG) on Tuesday, Nov. 18, brought together senior maritime officials from four other nations for high-level discussions aimed at strengthening coordination against cross-border maritime threats. PCG Commandant Adm. Ronnie Gil Gavan...
The Department of Education (DepEd) on Tuesday, November 18, confirmed that Undersecretary Trygve Olaivar has formally submitted his resignation to Malacañang, months after taking a voluntary leave of absence amid allegations linking him to irregularities in flood control projects. The...