The Philippine Stock Exchange index (PSEi) fell for the third consecutive day amid expectations of a slight uptick in August inflation and the peso 's recent weakness. The main index shed 15.22 points, or 0.29 percent, to close at 6,140.35 on Monday, Sept. 1. Conglomerates led the retreat,...
South Korean-led investment firm Hann Philippines Inc. (HPI) has signed an agreement with the government to reclassify its soon-to-rise property in New Clark City as a special economic zone, making it more attractive for investors. In a statement, the Philippine Economic Zone Authority (PEZA)...
State-run think tank Philippine Institute for Development Studies (PIDS) is advocating the use of artificial intelligence (AI) to combat corruption in public infrastructure projects, including flood control. In a press conference on Monday, Sept. 1, PIDS senior research fellow Adoracion M. Navarro...
The Philippines will not alter its resupply missions to the BRP Sierra Madre in Ayungin Shoal despite a reported increase in Chinese vessel activities in the area, the National Maritime Council (NMC) said. In an interview, NMC spokesperson Alexander Lopez told reporters in Manila that Chinese...
Hard discount stores Dali and Robinsons Retail Holdings Inc. 's affiliate, O!Save, are giving stiff competition to traditional supermarket and convenience store chains by registering strong sales growth while expanding their reach in the retail market. Based on research by Abacus Securities...
Philippine stock market investors are expected to wait for the August inflation report which will be released on Friday, Sept. 5, while weighing concerns over United States (US) tariffs and the probability of a US Federal Reserve (Fed) rate cut later during the early part of the week. “The local...
From accreditation for sale to conflict of interest, and now extortion. Senator Panfilo “Ping” Lacson on Sunday, August 31 revealed a third issue hounding the Philippine Contractors Accreditation Board (PCAB), where a contractor was threatened with non-renewal of his license if he did not pay...
The Philippine Embassy in Jakarta has advised Filipinos there to stay indoors amid the recent violent protests that have sparked across the country. In an advisory, the embassy said the Filipino community in Jakarta should "stay indoors in light of recent and continuing demonstrations being held...
The Philippine Navy (PN) and the Royal Malaysian Navy (RMN) have reinforced their maritime cooperation with the launch of the Maritime Training Activity (MTA) MALPHI LAUT 2025 in Kuala Lumpur, the PN said Saturday, Aug. 30. Lt. Andrei Balde, spokesperson of the Naval Task Group (NTG) 80.5, said...
The San Juan City government commemorated the bravery and courage of Filipinos who fought for the country 's independence during the 129th Araw ng Pinaglabanan on Saturday, Aug. 30, calling upon Filipinos to be united in building a stronger and more resilient nation. San Juan City Mayor...
Doctors are urging the government to include Critical Limb Ischemia (CLI) treatment in Philippine Health Insurance Corporation (PhilHealth) coverage, warning that the disease is as deadly as cancer but remains underfunded and overlooked. During the Philippine Heart Association’s (PHA) Usapang...
The Philippine Army (PA) said Saturday, Aug. 30, that it is looking to strengthen its understanding of modern warfare through potential cooperation with Ukraine. This, as Ukrainian Ambassador to the Philippines Yuliia Fediv and Ukraine’s First Non-Resident Defense, Military, Air, and Naval...
