Several sports facilities around the country will be completed and upgraded under a collaboration between the Philippine Amusement and Gaming Corporation (PAGCOR) and the Philippine Sports Commission (PSC). Executive Secretary Ralph Recto announced this on Monday, Jan. 19, following a meeting with...
Stocks are poised for a volatile week as investors weigh monthlong rally against the risk of profit-taking and looming suite of economic data from the United States (US). The Philippine Stock Exchange index has climbed for four consecutive weeks, bolstered by steady foreign inflows and optimism...
President Marcos said the government’s push to modernize airports and upgrade aviation infrastructure is central to boosting the economy, strengthening regional connectivity, and expanding opportunities for Filipinos. Speaking at the celebration of Philippine Airlines’ (PAL) 85th anniversary...
ZAMBOANGA CITY – The Armed Forces Western Mindanao Naval Command rescued 30 crew and passengers of a motor launch stranded in the sea of Taganak Island, Tawi-Tawi province last Friday night, Jan. 16. A Philippine Navy vessel, the BRP Magluyan (PC392), monitored a flashing light in the area....
Local stocks edged lower Friday, Jan. 17, as investors locked in gains from a recent rally, pressured by weakening peso and seasonal dip in money sent home by Filipinos working abroad. The Philippine Stock Exchange index (PSEi) slipped 22.86 points, or 0.35 percent, to settle at 6,464.67. While the...
The Chinese Embassy in Manila has filed a diplomatic protest against Philippine Coast Guard (PCG) spokesman Jay Tarriela, known for exposing China 's supposed illegal activities in the West Philippine Sea, before Malacañang and the Department of Foreign Affairs (DFA) for supposedly...
The Philippine Stock Exchange index (PSEi) rebounded sharply on Thursday, Jan. 15, as investors bet on looming interest rate reduction by the central bank and digested an optimistic medium-term growth outlook from the World Bank. The main index climbed 97.72 points, or 1.53 percent, to finish at...
Profit-taking continued to pull down the Philippine Stock Exchange index (PSEi) as sentiment was weighed down by the weaker peso, which fell to a new record low of ₱59.44 versus the United States (US) dollar on Wednesday, Jan. 14. The main index dropped 18.95 points, or 0.3 percent, to close at...
The mayor of Abra de Ilog, Occidental Mindoro has denied online claims that Mangyan Iraya children were killed during the New Year 's Day encounters between government troops and New People’s Army (NPA) elements, the Philippine Army (PA) said on Wednesday, Jan. 14. According to the 2nd...
The Department of Education (DepEd) on Wednesday, January 14, welcomed the results of a recent Tangere survey, describing the findings as an important reflection of public sentiment and a guide for improving ongoing education reforms. In an official statement released by Chief Media Relations...
The Philippines earned recognition as one of the 16 Most Exciting Food Destinations 2026 in the MICHELIN Guide and put the country in the global spotlight for its rich culinary heritage. Department of Tourism (DOT) Secretary Christina Garcia Frasco said the recognition “celebrates what is...
State-run Government Service Insurance System (GSIS) is weighing a proposal by the Philippine Stock Exchange (PSE) to allow state pension fund members to borrow money for equity investments, a move that could provide fresh liquidity injection into the local bourse. In a statement on Tuesday, Jan....