The Philippine Stock Exchange index (PSEi) dipped on last minute profit-taking on Tuesday, Dec. 16, as investors waited for fresh economic data from the United States (US). The main index shed 2.34 points, or 0.04 percent, to close at 6,055.68. The services and mining sectors fell, while the...
European countries are expecting China to exercise restraint after Chinese vessels fired water cannons on Filipino fishermen within the Philippines ' Escoda Shoal, leaving three injured. A statement from European Union External Action, the bloc 's diplomatic service, said EU "condemns the...
The Philippine Red Cross (PRC) on Tuesday, December 16, called on the public to continue donating blood during the holiday season, warning that the annual “lean months” often lead to fewer donors even as hospitals maintain a steady demand for blood for emergencies and medical treatments. In a...
The Department of National Defense (DND) denounced on Tuesday, Dec. 16, the “dangerous and inhumane” actions by Chinese maritime forces against Filipino fishermen near Escoda (Sabina) Shoal where three civilians were injured. DND Secretary Gilberto Teodoro Jr. said China Coast Guard (CCG) and...
The Maharlika Investment Corp. (MIC) is planning to acquire up to 11.2 percent of Asian Terminals Inc. (ATI), the port operator controlled by Eusebio Tanco, for about ₱8 billion, a move intended to lead to the delisting of the company from the Philippine Stock Exchange (PSE). In a disclosure to...
The Philippine Foundation for Cultural and Educational Development (PFCED) celebrated its sixtieth anniversary this year, 2025. In 1965, Philippine society was very much in need of a non-stock, not-for-profit organization committed to being a catalyst for values transformation and education. Its...
The local stock market started the week on firmer footing, with investor sentiment continuing to be supported by signs that the central bank may cut rates further. The main index added 21.3 points, or 0.35 percent, to close at 6,058.02 on Monday, Dec. 15. The mining and property sectors led the...
ZAMBOANGA CITY – The Philippine Navy seized P39.8-million worth of smuggled cigarettes in three maritime interdiction operations around Basilan and Zamboanga City, officials reported Monday. Rear Admiral Constancio Arturo Reyes Jr., commander of the Western Mindanao Naval Command, said the...
Foreign countries have conveyed their concern over the recent water cannon attack made by China Coast Guard against Filipino fishermen in the West Philippine Sea. The United States, Canada, Australia, and Germany have issued their respective statements over China 's action at sea. United...
The Philippine Competition Commission (PCC) and the Securities and Exchange Commission (SEC) have signed a data-sharing agreement (DSA) to enhance interagency cooperation in promoting transparency, integrity, and fair competition in the corporate sector. The agreement provides PCC with streamlined...
The Department of Tourism (DOT) is reinforcing the Philippines’ reputation as a long-term “home-for-life” for retirees after the country was recognized as Asia’s Best Retirement Destination at the 11th TripZilla Excellence Awards. DOT Secretary Christina Garcia-Frasco said the recognition...
Local stock market investors will test whether the main index can stay above the 6,000 level, buoyed by positive sentiment from the United States Federal Reserve (US Fed) and Bangko Sentral ng Pilipinas (BSP) rate cuts, but will also take cues from upcoming US economic data, including inflation and...
