The local stock market was little changed Friday, Aug.22, as investors waited for the Bangko Sentral ng Pilipinas (BSP) interest rate cut expected next week. The Philippine Stock Exchange Index (PSEi) edged up 3.71 points, or 0.06 percent, to close at 6,281.58. The interest-rate sensitive property...
The Philippine Navy (PN) sailed in unison with counterparts from different Southeast Asian countries off Penang, Malaysia on Thursday, Aug. 21, to showcase unity and maritime strength. Guided missile frigate BRP Antonio Luna (FF151) joined nine other naval vessels from Association of Southeast...
The Philippine Economic Zone Authority (PEZA) is expecting new investments from Taiwan after securing an investment promotion partnership with one of its largest commercial banks, Cathay United Bank (CUB). In a statement, PEZA said it has signed a memorandum of understanding (MOU) with CUB and...
“As a policy, we don’t touch online gambling. It’s a prohibited category for us!” This was the clear-cut response from my former colleague in the banking and finance beat, Jay Tirona, now the chief executive officer of NTT DATA Payment Services Philippines. He said this at the launch of...
Senator Risa Hontiveros has filed a resolution urging the Executive Branch to exert legal and diplomatic pressure on the Chinese government to cease all ecologically destructive activities in the West Philippine Sea and to pay reparations for the damage they have already done in the area. In...
The Philippine Stock Exchange has implemented new rules which give it the discretion to cancel trading in the event of natural disasters or terrorist attacks as well as during glitches in the bourse’s trading system. In a memorandum, PSE President and CEO Ramon S. Monzon said these rules have...
The main index of the Philippine Stock Exchange (PSEi) ended on Wednesday, Aug. 20, flat as investors awaited the results of the Federal Reserve meeting before making any major moves. The PSEi eked out a marginal gain of 0.2 points, or 0.003 percent, to close at 6,277.87. Sectoral indices were...
When Mt. Kanlaon erupted on December 9 last year, the impact rippled across Negros Oriental and Negros Occidental. Entire communities were forced to evacuate, livelihoods were buried in ash, and uncertainty stretched far beyond the initial days of the disaster. For many, the eruption was a test of...
Multinational biopharmaceutical giant AstraZeneca is poised to invest more than ₱7 billion over the next three years as part of its commitment to advance scientific innovation in the Philippines’ healthcare system, including the establishment of the country’s first health innovation hub....
If you’re an educator today, you’ve likely spent countless hours in training, webinars, or online courses—all in the name of “keeping up.” But just when teachers finally get a handle on the latest tech tool or pedagogical trend, another wave of change rolls in. Instead of constantly...
The Philippine Red Cross (PRC) on Tuesday, August 19, announced that it has further strengthened its emergency and disaster response capabilities with the turnover of its 180th ambulance unit. In a statement, PRC said the turnover, which took place on August 18, marks a “milestone” that...
The Philippine Stock Exchange index (PSEi) dipped as investors continued to wait for market-moving news. The main index shed 11.21 points, or 0.18 percent, to close at 6,277.67 on Tuesday, Aug. 19. The Services counter led the decliners, while the Conglomerates and Mining sectors managed to...
