The Philippine Stock Exchange index (PSEi) climbed back above the 6,000 threshold, shrugging off the weaker-than-expected economic growth report as investors focused on potential diplomatic breakthroughs between the United States (US) and Iran. The benchmark gauge advanced 67.06 points, or 1.1...
Vice President Sara Duterte criticized what she described as the government’s “lack of direction” as many Filipinos continue to struggle with poverty, unemployment, and rising economic uncertainty. In a video interview released by the Office of the Vice President (OVP) on Thursday, May 7,...
Legendary talent maker Johnny Manahan, known in the industry as Mr. M, is leading TV5’s push to discover the next generation of Philippine entertainment stars through its newly launched talent arm, Star Worx. At 79, the former head of ABS-CBN’s Star Magic reaffirmed his reputation for spotting...
The Philippines is heading toward a care crisis as demand for caregiving services rises faster than the country’s capacity to provide support, according to state-run policy think tank Philippine Institute for Development Studies (PIDS). In a statement on Thursday, May 7, PIDS said its recent...
Vice President Sara Duterte denied claims that lawmakers fear political retaliation if they refuse to support impeachment complaints against her, insisting that she is “not vindictive” and that the cases filed before the House of Representatives lack evidence. In a video interview released by...
After a successful first season, the Philippine Youth Basketball Championship (PYBC) opens its second run with healthcare leader Unilab as partner. Unilab is platinum sponsor of the PYBC’s new season, with supporting brands Growee, HydroAid, Ceelin Plus, Enervon Z+, Alaxan Xtra, Myra, pH Care,...
The country’s economic growth slowed to its weakest pace since the height of the Covid-19 pandemic in the first quarter of the year, prompting the government’s top planner to dismiss concerns that the nation is entering a period of stagflation or reverting to its historical status as the...
Public debt in the Philippines moved closer to the 60-percent level at the end of the first quarter of 2026, as the government continued to ramp up borrowings while the private sector remained cautious amid risks stemming from the war in the Middle East. The latest Global Debt Monitor of the...
Local equities rebounded as global market anxieties eased after United States (US) President Donald Trump announced a temporary pause on naval escort operations in the Strait of Hormuz, shifting Washington’s focus toward securing a peace agreement with Iran. The benchmark Philippine Stock...
LT Group Inc., the conglomerate controlled by tycoon Lucio Tan, expects its banking division to drive earnings to another record this year, offsetting the impact of elevated commodity costs and strained consumer spending fueled by geopolitical conflicts in the Middle East. In a briefing, Lucio Tan...
As summer further heats up, the Philippine Taekwondo Association (PTA) will continue its own SMART/MVPSF Summer Clinic in various venues across the country. The annual summer activity is designed by the national taekwondo association under the able leadership of Grandmaster Sung-Chon Hong as a...
The majority faction of the Lopez family has escalated its corporate battle for control of their business empire, claiming to have uncovered a third “poison pill” provision designed to entrench First Philippine Holdings Corp. (FPH) Chairman and Chief Executive Officer Federico “Piki” R....