Amid rumors of a potential revamp of President Marcos’ cabinet, the Department of Education (DepEd) on Wednesday, January 7, reaffirmed Secretary Sonny Angara’s dedication to continuing the department’s reform agenda. “Secretary Angara serves at the pleasure of the president,” DepEd said...
The labor market showed signs of resilience in late 2025 as the unemployment rate retreated from a three-month peak, though a series of powerful typhoons tempered the recovery in key service sectors. The Philippine Statistics Authority (PSA) reported on Wednesday, Jan. 7, that the jobless rate fell...
The anti-trust watchdog Philippine Competition Commission (PCC) has approved the acquisition by Danish infrastructure fund A.P. Møller Capital of a 40-percent stake in Ayala Corp.’s subsidiary, AC Logistics Holdings Corp. The acquisition paves the way for the proposed logistics joint venture...
It’s the New Year, and many are wondering how their stock portfolios performed in 2025. For most Filipinos, the results have been disappointing. Headlines talk about political uncertainty and weak growth, while the Philippine Stock Exchange Index (PSEi) hovers near 6,000—roughly the same level...
The Philippine Stock Exchange index (PSEi) rose substantially in reaction to the low December inflation rate of 1.8 percent, which opens the door for an interest rate cut by the Bangko Sentral ng Pilipinas (BSP) in February. The benchmark index surged by 153.38 points, or 2.49 percent, to close at...
As the Philippines ushers in the New Year, the Philippine Red Cross (PRC) called on the public to turn goodwill into action by donating blood and giving patients a new lease on life. While holiday festivities may be over, the demand for blood remains constant, PRC said. PRC noted that hospitals...
The Department of Education (DepEd) is ramping up measures to ensure learning continuity and safeguard the welfare of teachers and learners as schools nationwide resume classes for 2026, following the enactment of the 2026 national budget. In a statement, DepEd Secretary Sonny Angara emphasized...
Rockwell Land Corp., the high-end real estate developer controlled by the Lopez family, plans to raise as much as ₱10 billion through a bond offering to finance capital spending and its acquisition of a majority stake in the Alabang Town Center mall. In a disclosure to the Philippine Stock...
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said that as of Tuesday, January 6, no low-pressure area (LPA) is being monitored for tropical cyclone formation. In an advisory issued at 10 a.m., PAGASA said that “as of 8 a.m. today, no LPAs are being...
The country’s full-year inflation rate in 2025 settled at a nine-year low, even as inflation edged up to 1.8 percent in December from 1.5 percent a month earlier, driven mainly by higher prices of food and non-alcoholic beverages, the Philippine Statistics Authority (PSA) reported. National...
Philippine stocks extended their New Year rally for a second session as investors placed bets on a cooling inflation print and welcomed a retreat in global crude prices. The Philippine Stock Exchange index (PSEi) advanced 29.47 points, or 0.48 percent, to finish at 6,164.53 on Monday, Jan. 5. While...
Bank of the Philippine Islands (BPI) is seeking to raise at least ₱5 billion through the issuance of social bonds to fund projects aimed at community development and economic empowerment. In a disclosure to the Philippine Stock Exchange on Monday, Jan. 5, t he Zobel-led lender said it will offer...