The Philippine Stock Exchange index (PSEi) fell for the fourth consecutive day, reacting to the President’s State of the Nation Address (SONA) which investors felt did not adequately address pressing economic concerns. The main index shed 54.33 points, or 0.85 percent, to close at 6,325.42 on...
The Philippine Independent Power Producers Association (PIPPA) reassured its commitment to collaborate with the energy sector to achieve the electrification and energy security goals mentioned by President Marcos in his fourth State of the Nation Address (SONA). In a statement, PIPPA expressed its...
The Federation of Philippine Industries (FPI) said President Marcos’ focus on key national issues—such as infrastructure, public health, flooding, and food security—during his recent State of the Nation Address (SONA) was a reassuring first step toward addressing the most urgent challenges of...
Department of Education (DepEd) Secretary Sonny Angara on Monday, July 28, lauded President Ferdinand Marcos Jr. 's fourth State of the Nation Address (SONA), calling it a powerful and clear message that zeroes in on the needs of ordinary Filipinos—particularly in the field of education. "I...
Department of Education (DepEd) Secretary Sonny Angara on Monday, July 28, said that while substantial progress has been made, the mission to “fix” the country’s education system is far from complete. “Marami pa tayong kailangang ayusin, marami pa tayong kailangang abutin (We still have so...
The PSEi dropped for the third-consecutive day as investors wait for President Ferdinand Marcos Jr.’s State of the Nation Address (SONA) and also due to the weaker peso. The main index lost 33.43 points, or 0.52 percent, to close at 6,379.75. Miners led the retreat, while the services sector...
Even with the weaker-than-expected gross domestic product (GDP) growth figures last year and in recent quarters, the Department of Finance (DOF) argued that the Philippine economy grew at an average rate of 5.9 percent—among the fastest-growing Asian economies—since President Ferdinand Marcos...
As President Ferdinand Marcos Jr. prepares to deliver his fourth State of the Nation Address (SONA) on Monday, July 28, teachers and education workers are intensifying calls for urgent government action on long-standing issues—including unfulfilled promises on flood control, stagnant salaries,...
The Lucio Tan (LT) Group’s Philippine National Bank (PNB) reported a 22-percent growth in consolidated net income to ₱12.5 billion for the first half of 2025, on the back of sustained improvements in core revenues consisting of net interest income and net service fees and commissions. In a...
Investors are closely watching President Marcos ' State of the Nation Address (SONA) and second-quarter earnings reports, while concerns about United States (US) tariffs and recent typhoon damage weigh on sentiment. “The local market made a comeback last week, regaining its ground above the...
Seven alleged New People’s Army (NPA) fighters died during an armed encounter with the military in Uson, Masbate on Sunday morning, July 27. The Philippine Army’s 9th Infantry Division (9ID) said troops from the 2nd Infantry Battalion engaged armed men believed to be members of the Komiteng...
The Philippine Economic Zone Authority (PEZA) began the second half of the year on a high note, with investment approvals surging by 100 percent by the end of July, amid growing confidence in the country as an investment hub. In a statement, PEZA said it has approved ₱90.96 billion worth of...
