The Philippine Stock Exchange index (PSEi) plunged on Friday, Nov. 14, as initially positive sentiment reversed after corruption allegations were hurled against President Ferdinand R. Marcos Jr. by former legislator Zaldy Co. The main index plummeted by 142.64 points, or 2.49 percent, to close at...
The Philippine Air Force (PAF) expanded its air mobility fleet with the formal acceptance of five additional S-70i Black Hawk helicopters at the Villamor Air Base in Pasay City on Friday, Nov. 14. Department of Budget and Management (DBM) Secretary Amenah Pangandaman served as guest of honor during...
Educators, policymakers, and advocates from across the country are set to gather for the 2025 PhilEd Conference on December 3–4 at the SMX Convention Center in Pasay City. Organized by the Private Education Assistance Committee (PEAC), this year’s conference aims to shift the national...
Truly, it’s agonizing to see, hear, and read the trail of destruction across the country—from the regions of Visayas to Luzon—left by the super typhoons Tino and Uwan. Reconstruction is expected to reach billions, if not trillions, of pesos. It’s as if we ain’t seen nothing yet, as...
Flag carrier Philippine Airlines (PAL) is increasing flights to Los Angeles, California, to capture the growing demand for travel between Manila and the West Coast of the United States (US). In a statement on Thursday, Nov. 13, PAL announced that it will expand its Manila-Los Angeles nonstop...
The Philippine Stock Exchange Index (PSEi) rose further as investors picked up cheaper stocks following the end of the United States government shutdown and speculation of a possible rate cut. The main index added 12.97 points, or 0.23 percent, to close at 5,726.99 on Thursday, Nov. 13. Miners and...
LT Group Inc. (LTG), taipan Lucio Tan’s holding company for Philippine investments, reported a 15-percent growth in attributable net income to a record-high ₱22.57 billion for the first nine months of 2025, as almost all subsidiaries posted higher profits. In a disclosure to the Philippine...
President Marcos attributed the country’s slower third-quarter economic growth to climate disruptions and global headwinds, assuring that a surge in public spending would help restore momentum before the year ends. Marcos said this as the peso hit a record low of P59.17 to the US dollar on...
Ayala Corp., the country’s oldest conglomerate, reported a sharp increase in profits for the first nine months of the year, driven by one-time gain tied to the revaluation of its stake in Gcash owner Mynt. In a disclosure to the Philippine Stock Exchange on Thursday, Nov. 13, the holding company...
Philippine Army (PA) engineer units are working non-stop to reopen blocked roads and reconnect isolated communities in Aurora and Cebu in the wake of two devastating storms that struck the country, a military spokesperson said Wednesday, Nov. 12. In Aurora, where Super Typhoon “Uwan” made...
The Bank of the Philippine Islands (BPI) has partnered with Robinsons Retail Holdings to enable millions of clients to securely obtain up to ₱10,000 in free cash withdrawals directly at retail checkouts using only their mobile app. BPI said its clients can now obtain cash securely without an ATM...
The Philippine gaming sector’s high-speed growth was decelerated sharply in the third quarter, with industry-wide gaming revenue (GGR) plateauing at ₱94.51 billion, a nominal decline from ₱94.61 billion a year earlier. In a statement on Tuesday, Nov. 11, Alejandro H. Tengco, Pagcor chairman...
