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...
The Philippine Stock Exchange index (PSEi) dropped on Friday, Oct. 10, despite the Bangko Sentral ng Pilipinas ’ (BSP) policy rate cut as investor sentiment continued to be dampened by the flood control corruption scandal, weak peso, and lower foreign direct investments (FDIs). The main index...
The Philippine Institute of Volcanology and Seismology (Phivolcs) on Friday, Oct. 10 clarified that the series of strong earthquakes that struck Cebu, La Union, and Davao Oriental in the past few days were coincidental and not related. Phivolcs Director Dr. Teresito Bacolcol said these tremors were...
The powerful magnitude 7.4 earthquake that struck Davao Oriental on Friday morning, Oct. 10 was generated by the Philippine Trench, one of six active trenches that surround the country, the Philippine Institute of Volcanology and Seismology (Phivolcs) said. Phivolcs Director Dr. Teresito Bacolcol...
The Philippine Red Cross (PRC) immediately mobilized its volunteers after a 7.4-magnitude earthquake struck Davao Oriental on Friday, October 10, prompting quick evacuations and first aid assistance to affected residents. According to the PRC, both Red Cross and Red Cross Youth volunteers in Davao...
Six Philippine universities are celebrating their continued presence in the Times Higher Education (THE) World University Rankings 2026, released on October 9—marking another milestone for the country’s higher education sector. Leading the celebration is Ateneo de Manila University (ADMU),...
The Securities and Exchange Commission (SEC) has approved the planned offering by real estate giant Ayala Land Inc. (ALI) of Association of Southeast Asian Nations (ASEAN) sustainability-linked bonds to raise up to ₱15 billion for the payment of debt and funding of capital expenditures (capex)....
Securities and Exchange Commission (SEC) Chairman Francis E. Lim expressed regret over his claim that the local stock market lost ₱1.7 trillion in market capitalization due to the corruption scandal, which turned out to be fictitious. “The information, which had been circulating within business...
Flag-carrier Philippine Airlines (PAL) is calling for the creation of a single, coordinated national airport masterplan to optimize operations and increase the capacity of existing gateways while building additional hubs. Speaking during the Philippine Aviation Summit, PAL Executive Vice President...
The Philippine Stock Exchange index (PSEi) pulled back on profit-taking before the Bangko Sentral ng Pilipinas announced a rate cut at the close of trading hours. The main index lost 41.34 points or 0.68 percent to close at 6,057.40 on Thursday, Oct. 9, although sectoral indices were equally split....
Senator Raffy Tulfo on Thursday, Oct. 9, criticized the Philippine Ports Authority (PPA) for its purchase of what he called overpriced body-worn cameras worth P879,000 each in 2020. This was during the subcommittee hearing deliberating the proposed budget of the Department of Transportation (DOTr)...
President Marcos has signed a law that aims to establish more Philippine Science high schools and increase the number of students pursuing Science, Technology, Engineering, and Mathematics (STEM) careers. On Oct. 3, Marcos signed Republic Act (RA) No. 12310 or the “Expanded Philippine Science...
