(UPDATED) Instead of fish, P10 billion worth of suspected “shabu” was found on a fishing boat inspected by the Philippine Navy (PN) off the coast of Zambales before dawn on Friday, June 20. PN spokesperson Captain John Percie Alcos said personnel of the Northern Luzon Naval Command (NLNC), in...
Local stocks rose as investors anticipate a rate cut by the Bangko Sentral ng Pilipinas, which is seen to lower the cost of money and boost consumer and corporate spending. The main index added 19.58 points or 0.31 percent to close at 6,357.01 on Thursday, June 19, as Banks led the advance while...
Ayala Corp., the country’s oldest conglomerate, has successfully raised ₱20 billion from the issuance of preferred class “B” shares, which it listed on the Philippine Stock Exchange (PSE) on Thursday, June 19. The Zobel-led firm said in a statement that the offering attracted substantial...
Former Finance Secretary Dr. Roberto F. de Ocampo is retiring as Chairman of Philippine Veterans Bank, and this will be formally announced during that bank’s annual stockholders’ meeting tomorrow. The bank stated that De Ocampo has formally expressed his intention to retire, a decision approved...
The University of the Philippines (UP) has reaffirmed its commitment to advancing reforms in the Philippine justice system with the launch of the National Forensics Institute (NFI). During the launch on June 18 at UP Manila, UP President Angelo Jimenez described the initiative as a “national...
The Philippines has achieved another milestone in global higher education, with six of its universities earning spots in the prestigious 2026 Quacquarelli Symonds (QS) World University Rankings, including first-time entries from Adamson University and Mapúa University. This year marks a historic...
A Filipino worker recalled the ordeal of having to evacuate his residence in Israel because of a missile attack from Iran, lamenting how at least three of the shelters he initially went to were already full of people trying to stay safe from the escalating conflict between the long-standing...
Marking a historic achievement for the country’s higher education sector and placing the Philippines at the top among Southeast Asian nations, a total of 121 Philippine higher education institutions (HEIs) have made it to the 2025 Times Higher Education (THE) Impact Rankings. The latest impact...
The peso dropped to the ₱57 level against the United States (US) dollar on Thursday morning, June 19, ahead of the expected Bangko Sentral ng Pilipinas (BSP) interest rate cut later in the day. According to the Bankers Association of the Philippines (BAP), the local currency opened at ₱57.1,...
Amid the escalation conflict between Israel and Iran, the 21 Philippine government officials who were in a study program in Israel were safely evacuated through neighboring Jordan, the Philippine Embassy in Amman said. In a statement on late Wednesday night, June 18, the embassy said the 21...
Passengers booking flights with Philippine Airlines (PAL) are set to access more personalized preferences through the flag carrier’s new booking platform, which is integrated with the new distribution capability (NDC). Powered by Spanish technology company Amadeus, PAL said NDC will...
The Marcos administration has proclaimed four new economic zones (ecozones) and expansions during the first half of the year, signaling the government’s ongoing drive to facilitate investments outside the country’s urban centers. During the period, President Marcos approved two expansion...
