The Philippine Stock Exchange index (PSEi) closed slightly higher Thursday, Sept. 11, as investors maintained a wait-and-see stance ahead of the US inflation report for August. The main index added 6.8 points, or 0.11 percent, to finish at 6,126.89. While the Banks and Services sectors advanced,...
The Philippines’ largest business group is calling for a transparent and collaborative process in reviewing the claim filed by a unit of San Miguel Corp. against the country’s main power distributor. In a statement on Wednesday, Sept. 10, the Philippine Chamber of Commerce and Industry (PCCI)...
Unemployment in the country has risen sharply in July, driven by a series of typhoons that severely impacted key sectors and forced many out of work, according to the Philippine Statistics Authority (PSA) The Philippine unemployment rate rose to 5.3 percent in July 2025, from 4.7 percent in July...
The Philippine Stock Exchange index (PSEi) closed just a couple of points lower on Wednesday, Sept. 10, after the government reported a drop in jobs data. The main index shed 2.62 points, or 0.04 percent, to close at 6,120.09. The Services sector led the decline, while the Property and Banking...
The Philippine Navy (PN) successfully carried out its first-ever aerial launch of a Spike Non-Line of Sight (NLOS) missile during a live-fire unilateral exercise in waters facing the West Philippine Sea (WPS) on Tuesday, Sept 9. PN Acting Flag Officer in Command Rear Adm. Alan Javier witnessed the...
The Commission on Higher Education (CHED) underscored the critical role of innovation, inclusivity, and artificial intelligence (AI) in transforming Philippine higher education during CanvasCon Philippines 2025, held on Wednesday, September 10, at the Grand Hyatt Manila in Taguig City. Commissioner...
State-run Philippine Amusement and Gaming Corp.’s (Pagcor) plan to separate its dual roles as a gaming watchdog and player has become clearer and is now taking shape following its chief’s reiteration of the move. “Pagcor’s dual role has served its purpose in the past, but as the industry...
Global Ferronickel Holdings Inc. (FNI) is urging the release of its embattled chairman, Joseph Sy, who continues to be detained in the Bureau of Immigration (BI) facility in Bicutan, Taguig City. In a stock exchange filing on Tuesday, Sept. 9, FNI reported that the Regional Trial Court (RTC) of...
The Philippine Stock Exchange index (PSEi) moved up slightly as prospects of a United States (US) rate cut led to some bargain hunting. The main index added 20.85 points, or 0.34 percent, to close at 6,122.71. Miners led the advance, rallying on higher gold prices, while industrials lagged behind....
The Philippine Coconut Authority (PCA) recently recognized D&L Industries’ wholly owned subsidiary Chemrez Technologies, Inc. at the inaugural Coconut Industry Sustainability (COINS) Awards. Chemrez received awards as the Most Diversified and Innovative Firm in the Philippine coconut industry as...
The Philippine Army (PA) has sufficient manpower to ensure the safe and peaceful conduct of the first parliamentary elections in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) on Oct. 13. Lt. Gen. Antonio Nafarrete, PA commanding general, said the 6th Infantry Division (6ID) based in...
The Philippine Navy (PN) has welcomed its newest guided missile frigate named after an Ilocano revolutionary leader who conspired with British forces to fight Spanish colonizers in the Philippines. The future BRP Diego Silang (FFG-07) is the second Malvar-class frigate in the PN’s fleet, making...
