The Philippine Stock Exchange (PSE) has approved the voluntary trading suspension sought by Asiabest Group International Inc. (ABG) in response to shareholder calls for transparency and to avoid speculation while awaiting the final appraisals of assets to be infused into the company. “The...
The Philippines is set to make history as a guest of honor at the 77th Frankfurt Book Fair 2025 in Germany, a rare distinction that puts Filipino creativity at the center of global literary conversations. Sen. Loren Legarda, credited for her role in securing the Philippines ' participation...
The Philippine Stock Exchange index (PSEi) rose on Monday, Oct. 13, after investors picked up bargains as treasury yields dropped while the peso firmed up. The main index added 14.54 points, or 0.24 percent, to close at 6,052.33 on the strength of the services and mining sectors, as most of the...
Two more civilian vessels of the Bureau of Fisheries and Aquatic Resources (BFAR) were apparently hit by a water cannon by the China Coast Guard (CCG) near Pag-asa (Thitu) Island in the West Philippine Sea (WPS), the Philippine Coast Guard (PCG) revealed on Monday, Oct. 13. Aside from BRP Datu...
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said on Monday, October 13, that the easterlies—warm winds from the Pacific Ocean—will continue to affect the eastern sections of Luzon and the Visayas, bringing cloudy skies and scattered rains to several...
In response to a social media post by what it calls a “pseudo-expert,” the Philippine Stock Exchange (PSE) has released official figures “to set the record straight once and for all on the true and correct market capitalization (MCAP) data of the listed companies.” It noted that, “A post...
With back-to-back earthquakes shaking the country in the past 10 days, who in their right mind would now gamble their backyards and communities on hosting nuclear power facilities? This is the ironic cherry on top: the President just signed a nuclear safety regulation law that breezed through the...
The initial public offering of Maynilad Water Services Inc. is expected to proceed this month after the firm has secured commitments from cornerstone investors who will take up over half of the offered shares. On the sidelines of the 57th Finex Annual Conference, Maynilad Chairman Manuel V....
State-run think tank Philippine Institute for Development Studies (PIDS) has urged the Philippine government to implement several key measures to ensure the success and sustainability of the circular economy (CE) transition. “The state’s desire to promote economic transformation and sustainable...
Philippine Airlines (PAL) is looking at increasing flights to the United States, particularly to New York, once the first of its Airbus A350-1000s arrive. “We’re still working on the final delivery date, but it will be either December or January. But we’re still waiting for the final delivery...
Senator Sherwin Gatchalian has vowed to boost the Philippine Coast Guard’s (PCG) capabilities and operations as it continues to battle continuing tensions in the West Philippine Sea. Gatchalian said he will look into the possibility of increasing the PCG’s subsistence allowance as PCG...
A China Coast Guard (CCG) ship fired a water cannon and deliberately rammed a Bureau of Fisheries and Aquatic Resources (BFAR) vessel anchored in the territorial waters of Pag-asa (Thitu) Island in the West Philippine Sea (WPS) on Sunday morning, Oct. 12, the Philippine Coast Guard (PCG) said. PCG...
