Despite last month’s spike in consumer prices, the steady decline in rice costs is seen to keep a lid on inflation, with the Bangko Sentral ng Pilipinas (BSP) expecting it to average below two percent this year. Inflation quickened to 1.5 percent in August from 0.9 percent in July—the slowest...
The rate of increase in consumer prices has accelerated last month due to jump in food prices, with recent weather events heavily impacting the cost of vegetables, the Philippine Statistics Authority (PSA) reported on Friday, Sept. 5. Headline inflation accelerated to 1.5 percent in August 2025,...
After an excellent display of Filipino artistry in its recently concluded tour in the United Kingdom, the Philippine Philharmonic Orchestra (PPO) exhibits its adaptable musicality for its 41st concert season, dubbed “VERSATILE.” With the commanding presence of conductor Maestro Grzegorz Nowak,...
Malacañang revealed that the construction of the Philippine Film Heritage Building in Intramuros, Manila was supposed to be completed on Thursday, Sept. 4, but it was instead found incomplete, baring several structural issues. Palace Press Officer and Communications Undersecretary Claire Castro...
United States Ambassador to Manila MaryKay Carlson looked back at the friendship forged between Manila and Washington when they stood as allies and emerged victorious after the World War 2. Leading the ceremony commemorating the 80th Victory Day with Baguio City Mayor Benjamin Magalong at the US...
The Philippine Stock Exchange index (PSEi) ended a five-day slump as investors bought cheaper stocks ahead of Friday’s August inflation report. The benchmark PSEi added 23.99 points, or 0.39 percent, to close at 6,106.92 on Thursday, Sept. 4, with advances across the board led by property and...
Pangilinan-led Metro Pacific Investments Corp. (MPIC), the Philippines’ leading infrastructure investments company, has appointed former Philippine Airlines President Gilbert Gabriel F. Santa Maria as the new President and CEO of Metro Pacific Tollways Corp. (MPTC), effective Sept. 1, 2025. Santa...
The Phiippine Stock Exchange and Bloomberg have partnered to launch a series of joint investor outreach activities inside and outside of the country with the aim of broadening the global investor community’s understanding of the Philippine capital markets. As part of the new joint effort, both...
The Philippine Electricity Market Corporation (PEMC) said that the power grid in country has significantly stabilized a year after the Reserve Market’s return, with red and yellow alerts now a rarity. In a statement on Thursday, Sept. 4, PEMC reported that red and yellow alerts have been reduced...
Senator Panfilo “Ping” Lacson on Thursday, September 4 said he strongly supports a complete overhaul of the Philippine Contractors Accreditation Board (PCAB), the agency responsible for accrediting contractors, following allegations of corruption in government flood control projects. Lacson...
The Department of Education (DepEd) is seeking P928.5 billion for its 2026 budget—a near-trillion-peso proposal that would fund new classrooms, additional teachers, and nationwide learning recovery initiatives. If approved, the budget would mark one of the largest single-year allocations in...
The Philippine Stock Exchange index (PSEi) dropped to the 6,000 level after breaching its support on Wednesday, Sept. 3, as political noise and US tariff issues continue to dampen investor sentiment. The main index closed at 6,082.93, down 45.96 points or 0.75 percent. The Property sector led the...
