The Philippine Stock Exchange Index (PSEi) dropped after a two-day reprieve as investors weighed concerns over inflation and gross domestic product figures due for release next week. The benchmark gauge fell 34.09 points, or 0.57 percent, to close at 5,929.68 on Thursday, Oct. 30. Banks led the...
The Securities and Exchange Commission (SEC) has approved the planned fixed-rate retail bond offering of SM Prime Holdings, Inc., worth up to ₱17 billion under the company’s ₱100 billion shelf registered bonds. In a disclosure to the Philippine Stock Exchange, SM Prime said it has received...
Ayala-led Bank of the Philippine Islands (BPI) is confident it will achieve full compliance with the Bangko Sentral ng Pilipinas’ (BSP) required standards for its fraud management system (FMS) by mid-2026. Jon Paz, BPI enterprise information security officer and data protection officer, told...
The Philippine Red Cross (PRC) on Thursday, October 30, announced that it is rolling out its nationwide Undas 2025 Operation, deploying over 2,200 first aiders across 92 chapters to ensure public safety during the observance of All Saints’ Day (Nov. 1) and All Souls’ Day (Nov. 2). The PRC...
Senator Camille Villar has filed a resolution seeking a Senate probe into the country’s worsening mental health situation, emphasizing the need to strengthen the implementation of existing laws and make care more accessible to Filipinos in need. Through Proposed Senate Resolution No. 99, Villar,...
The local stock market improved on Wednesday, Oct. 29, after the peso strengthened while expectations of a United States Federal Reserve (US Fed) rate cut also boosted sentiment. The main index added 10.61 points, or 0.18 percent, to close at 5,963.77. Miners led the advance, while property and...
The Philippine Stock Exchange index (PSEi) edged higher as bargain hunters bought shares that had dropped in the past two trading sessions. The benchmark PSEi added 19.40 points, or 0.33 percent, to close at 5,953.16 on Tuesday, Oct. 28. Sectoral indices were mixed, with the banking gauge posting...
ILOILO CITY – The province of Antique received an 1898 Philippine revolutionary flag during a ceremony in the town of Patnongon on Monday. The Abellon family turned over the flag believed to be 127-years-old to the provincial government represented by Gov. Paolo S. Javier. “This flag symbolizes...
The Philippine Red Cross (PRC) on Tuesday, October 28, announced that it is fully prepared for the annual Undas observance, mobilizing over 2,200 first aiders and 92 chapters across the country to ensure public safety during the All Saints’ Day and All Souls’ Day holidays on November 1 and 2....
(UPDATED) The Philippine Army (PA) said on Tuesday, Oct. 28, that it had deployed troops to Tipo-Tipo, Basilan, after the local government unit (LGU) announced that armed men, allegedly backed by the Moro Islamic Liberation Front (MILF), had laid “siege” in the town. “The Philippine Army...
Some economists are sounding the alarm that the Philippines is rapidly de-industrializing, basing their observation on the decreasing share of manufacturing as a percentage of gross domestic product (GDP). It is true that manufacturing is not growing as fast as some service sectors like IT-BPM,...
The Quezon City Government has reaffirmed its commitment to promoting heart health and active living as it joined the Philippine Heart Association (PHA) in celebrating World Heart Day (WHD) 2025. The event, themed “Galaw-Galaw Pilipinas!,” was held on Sunday, Oct. 26, at the Multipurpose Hall...