The Philippine Stock Exchange Index (PSEi) extended its downward spiral, as mixed corporate results failed to lift investor sentiment. On Tuesday, Nov. 11, the main index fell 73.57 points, or 1.29 percent, to close at 5,629.07. The decline was led by the Banks sector, while Services bucked the...
Ayala-led Bank of the Philippine Islands (BPI) remains optimistic about its prospects despite the country 's slower-than-expected economic growth in the third quarter, betting on easing interest rates to boost loan growth. BPI President and Chief Executive Officer Jose Teodoro K. Limcaoco...
Flag carrier Philippine Airlines (PAL) reported a 22 percent growth in its net income to over ₱9 billion for the January-to-September period, as robust demand for its core services offset higher operating costs. In a public disclosure, PAL’s parent company, PAL Holdings Inc., reported that its...
Following widespread destruction and flooding caused by Typhoons Tino and Uwan, thousands of displaced families are receiving critical support from World Vision Philippines. The organization has launched emergency relief operations for families devastated by “Uwan” and “Tino,” which...
Although Typhoon Uwan (international name: Fung-Wong) exited the Philippine Area of Responsibility (PAR) early Tuesday, November 11, the Philippine Red Cross (PRC) continues to intensify its relief and recovery operations in provinces hardest hit by the storm. According to PRC’s latest situation...
The Philippine Army (PA) said Tuesday, Nov. 11, that it has focused its full strength on humanitarian and disaster response (HADR) operations in the aftermath of Super Typhoon “Uwan” after the suspension of the Armed Forces of the Philippines Joint Exercise (AJEX) “DAGIT-PA.” As of Nov. 10,...
Antitrust watchdog Philippine Competition Commission (PCC) has approved the ₱146-million acquisition by Robinsons Retail Holdings Inc. (RRHI) of Premiumbikes Corp., a motorcycle retailer in the Philippines owned by Lance Gokongwei. In a resolution dated Nov. 6, 2025, PCC cleared RRHI’s planned...
The Philippine Stock Exchange Index (PSEi) continued its decline following last week’s slower economic growth data, coupled with concerns over the impact of the recent twin super typhoons. The main index shed 56.73 points, or 0.99 percent, to close at 5,702.64 on Monday. Nov. 10. The Services and...
The Securities and Exchange Commission (SEC) has formed a technical working group with the Philippine Stock Exchange (PSE) to speed up the drafting of new policies that will help in developing the capital market, such as the expansion of the minimum public ownership rule for listed companies. In an...
Cautious trading is expected in the local stock market this week as investors continue to weigh the impact of the lower-than-expected economic growth pace announced last week, though foreign direct investments and corporate earnings reports could spur bouts of bargain hunting. “For next week, the...
Typhoon Uwan (international name: Fung-wong) has intensified further as it continues to move closer to the Bicol region, prompting the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) to raise Tropical Cyclone Wind Signal (TCWS) No. 4 over Catanduanes late...
The Philippine Red Cross (PRC) on Saturday, November 8, said it has intensified its disaster preparedness measures nationwide as Typhoon Uwan (international name: Fung-wong) approaches the country, even as its teams continue relief and recovery operations for communities affected by Typhoon Tino...
