The Philippine Stock Exchange index (PSEi) rose on Wednesday, Nov. 19, after a lot of Philippine agricultural products were exempted from United States (US) tariffs while the Bangko Sentral ng Pilipinas (BSP) raised hope for one more rate cut, triggering more bargain buying. The main index jumped...
Filipino fishers facing growing risks in the West Philippine Sea (WPS) received new support from the Philippines and United States during a fisherfolk congress held in Makati City recently, where communities recounted worsening encounters with Chinese maritime militia and pressed for stronger...
The Philippine Stock Exchange index (PSEi) declined on Tuesday, Nov. 18, as cautious investors immediately took profit from Monday’s price spike after the former chief economic manager of the Marcos Jr. administration projected that this year’s economic growth pace will fall well below the...
The Philippine Coast Guard (PCG) and United States Coast Guard (USCG) on Tuesday, Nov. 18, brought together senior maritime officials from four other nations for high-level discussions aimed at strengthening coordination against cross-border maritime threats. PCG Commandant Adm. Ronnie Gil Gavan...
The Department of Education (DepEd) on Tuesday, November 18, confirmed that Undersecretary Trygve Olaivar has formally submitted his resignation to Malacañang, months after taking a voluntary leave of absence amid allegations linking him to irregularities in flood control projects. The...
The Philippine Navy (PN) on Tuesday, Nov. 18, firmly rejected claims that retired Marine Sergeant Orly Regala Guteza, who claimed to have delivered suitcases filled with cash to former House Speaker Martin Romualdez and resigned Ako Bicol Partylist Representative Zaldy Co during a Senate...
A group of teachers on Monday, November 17, expressed full support for the bill extending the mandate of the Second Congressional Commission on Education (EDCOM 2), saying the commission’s research and policy work remain crucial as the country grapples with a persistent learning crisis. The...
An alleged squad leader of the New People’s Army (NPA) and two other Communist officers were killed in an armed encounter with the Philippine Army (PA) in Jaro, Leyte on Monday morning, Nov. 17, the military reported. Elements of the 93rd Infantry Battalion (93IB) led by its commander, Lt. Col....
The Philippine Stock Exchange index (PSEi) rallied by almost 200 points on Monday, Nov. 17, as the two-day protest action against corruption turned out to be peaceful, contrary to what some fearmongers had predicted. The main index surged 194.77 points, or 3.49 percent, to close at 5,779.12. Banks...
Senator Francis “Kiko” Pangilinan revealed on Monday, November 17 plans to propose a measure that would create a congressional commission to review and address the gaps in the Philippines’ justice system. Pangilinan said this is to address the low conviction rate of criminal cases in the...
SM Prime Holdings Inc. (SM Prime), one of Southeast Asia’s largest integrated property developers, has successfully raised ₱17 billion from the issuance of retail bonds, which were listed at Philippine Dealing & Exchange Corp. (PDEx) on Monday, Nov. 17. In a disclosure to the Philippine Stock...
Investor sentiment in the country has deteriorated, with bears continuing to pull down the benchmark Philippine Stock Exchange Index (PSEi) to lows last recorded during the pandemic. “This week, the local market is still seen to have a bearish default. The bourse could move down further as...
