The Philippine Navy (PN) on Tuesday, Nov. 18, firmly rejected claims that retired Marine Sergeant Orly Regala Guteza, who claimed to have delivered suitcases filled with cash to former House Speaker Martin Romualdez and resigned Ako Bicol Partylist Representative Zaldy Co during a Senate...
A group of teachers on Monday, November 17, expressed full support for the bill extending the mandate of the Second Congressional Commission on Education (EDCOM 2), saying the commission’s research and policy work remain crucial as the country grapples with a persistent learning crisis. The...
An alleged squad leader of the New People’s Army (NPA) and two other Communist officers were killed in an armed encounter with the Philippine Army (PA) in Jaro, Leyte on Monday morning, Nov. 17, the military reported. Elements of the 93rd Infantry Battalion (93IB) led by its commander, Lt. Col....
The Philippine Stock Exchange index (PSEi) rallied by almost 200 points on Monday, Nov. 17, as the two-day protest action against corruption turned out to be peaceful, contrary to what some fearmongers had predicted. The main index surged 194.77 points, or 3.49 percent, to close at 5,779.12. Banks...
Senator Francis “Kiko” Pangilinan revealed on Monday, November 17 plans to propose a measure that would create a congressional commission to review and address the gaps in the Philippines’ justice system. Pangilinan said this is to address the low conviction rate of criminal cases in the...
SM Prime Holdings Inc. (SM Prime), one of Southeast Asia’s largest integrated property developers, has successfully raised ₱17 billion from the issuance of retail bonds, which were listed at Philippine Dealing & Exchange Corp. (PDEx) on Monday, Nov. 17. In a disclosure to the Philippine Stock...
Investor sentiment in the country has deteriorated, with bears continuing to pull down the benchmark Philippine Stock Exchange Index (PSEi) to lows last recorded during the pandemic. “This week, the local market is still seen to have a bearish default. The bourse could move down further as...
Senator Sherwin Gatchalian said on Sunday, November 16 he didn’t find it strange to see the stock market plunge to a new five-year low following the allegations made by former lawmaker Zaldy Co against President “Bongbong” Marcos. Gatchalian, chairman of the Senate Committee on Finance said...
In a rare show of force, the Armed Forces of the Philippines (AFP) and its three major service branches, the Philippine Army (PA), Philippine Navy (PN), and Philippine Air Force (PAF), have issued a unified appeal for calm, responsible conduct, and respect for constitutional processes as the...
The Armed Forces of the Philippines (AFP) strengthened its security ties with the United States and Japan as their naval and air assets converged in the West Philippine Sea (WPS) for a two-day Multilateral Maritime Cooperative Activity (MMCA), a ranking official disclosed Sunday, Nov. 16. The AFP...
The Philippine Red Cross (PRC) on Saturday, November 15, announced the passing of Governor Rosa Rosal, a revered humanitarian and a pioneering figure in the country’s volunteer movement. In a statement, the PRC expressed its “deepest sadness,” noting that Rosal dedicated more than seven...
The Philippine Stock Exchange index (PSEi) plunged on Friday, Nov. 14, as initially positive sentiment reversed after corruption allegations were hurled against President Ferdinand R. Marcos Jr. by former legislator Zaldy Co. The main index plummeted by 142.64 points, or 2.49 percent, to close at...
