Philippine manufacturers are already feeling the heat from global trade uncertainties, with factory output taking a hit at the start of the second half of the year, according to Moody’s Analytics. “With stiffer United States (US) tariffs on the horizon, Philippine industrial production fell for...
After interest rates have been cut, Sy-led SM Prime Holdings Inc. (SM Prime) is now planning to refinance debt with a ₱17-billion bond offering just after raising $350 million from United States (US) dollar-denominated notes. SM Prime, one of Southeast Asia’s largest integrated property...
With the local stock market stuck in the doldrums, investors are hoping that the July remittance numbers and the expected US Federal Reserve rate cut will overcome political noise and spur investor sentiment. “Global markets enter the week with focus squarely on the Fed 's September 17-18...
The Department of Foreign Affairs (DFA) has filed a diplomatic protest against China’s plan to build a national nature reserve in the hotly contested Scarborough Shoal (Bajo de Masinloc) in the West Philippine Sea. The protest was filed on Friday, Sept. 12, DFA spokesperson Angelica Escalona...
LUCENA CITY, Quezon – The Philippine Councilors League-Quezon chapter elected its officials from 2025 to 2028 on Friday, Sept. 12, in a hotel in this city. The Department of the Interior and Local Government supervised the proceedings. Three-hundred seventy out of 405 councilors from 39 towns and...
The Philippine Stock Exchange index (PSEi) dipped on the last trading day of the week as the market continued to trade sideways despite lower-than-expected United States (US) inflation. The main index shed 17.68 points, or 0.29 percent, to close at 6,109.21 on Friday, Sept. 12. It was led by the...
State-run think tank Philippine Institute for Development Studies (PIDS) has called for a comprehensive strategy to accelerate artificial intelligence (AI) adoption among local businesses, warning that the country lags behind its regional peers despite widespread computer and internet access. In...
Aboitiz Renewables, Inc. (ARI) announced its Zambales solar power plant, which is nearing completion, has secured a financing deal with the Bank of the Philippine Islands (BPI). In a disclosure to the Philippine Stock Exchange on Friday, Sept. 12, ARI said that AP Renewable Energy Corp. has...
Senator Risa Hontiveros on Friday, September 12 rejected China’s plan to construct a so-called “marine nature reserve” in Bajo de Masinloc (Scarborough Shoal) and urged Malacañang to summon China’s ambassador to the Philippines to demand an explanation on it. Earlier, the Philippine...
The Philippine Stock Exchange index (PSEi) closed slightly higher Thursday, Sept. 11, as investors maintained a wait-and-see stance ahead of the US inflation report for August. The main index added 6.8 points, or 0.11 percent, to finish at 6,126.89. While the Banks and Services sectors advanced,...
The Philippines’ largest business group is calling for a transparent and collaborative process in reviewing the claim filed by a unit of San Miguel Corp. against the country’s main power distributor. In a statement on Wednesday, Sept. 10, the Philippine Chamber of Commerce and Industry (PCCI)...
Unemployment in the country has risen sharply in July, driven by a series of typhoons that severely impacted key sectors and forced many out of work, according to the Philippine Statistics Authority (PSA) The Philippine unemployment rate rose to 5.3 percent in July 2025, from 4.7 percent in July...
