The Philippine Stock Exchange Index (PSEi) recovered from the previous day’s decline, adding 30.06 points, or 0.50 percent, to close at 5,990.00 on Thursday, Dec. 11. The advance followed expected rate cuts from both the US Federal Reserve and the Bangko Sentral ng Pilipinas (BSP). Banks led the...
The Philippines has drawn South Korea’s interest to expand collaboration on employment services and workforce development following Seoul’s recognition of the Department of Labor and Employment’s (DOLE) modernization efforts. The DOLE said the talks reflect growing international confidence...
The Philippine Stock Exchange index (PSEi) was higher on Tuesday, Dec. 9, as investors anticipate the rate cuts that may be announced by the Bangko Sentral ng Pilipinas (BSP) and the United States Federal Reserve (US Fed). The main index added 27.42 points, or 0.46 percent, to close at 5,976.64....
Pag-IBIG Fund received the Best Sustainability Initiatives Award at the 2025 Governance Commission for GOCCs (GCG) Awards Ceremony held Monday, Dec. 1, in Parañaque City. The award recognizes the agency’s efforts to integrate sustainability values and responsible practices across its programs,...
A move is underway in the Senate to lower the value-added tax (VAT) imposed on purchased goods and services. Under Senate Bill No. 1552 filed by Senator Erwin Tulfo, Section 106 of the National Internal Revenue Code would be amended to bring down the current 12 percent VAT to 10 percent. The...
The Securities and Exchange Commission (SEC) has revoked the corporate registrations and issued fines against two construction companies owned by the Discayas, contractors linked to a high-profile flood control corruption scandal, for submitting false beneficial ownership information. In separate...
The Philippine Stock Exchange index (PSEi) fell on Wednesday, Dec. 3, due to the ballooning national debt, weaker peso, and the sudden resignation of Rogelio Singson from the body investigating anomalous flood-control projects. The main index dropped 88.56 points, or 1.48 percent, to close at...
For anyone new to the world of property, the process can feel overwhelming and a little intimidating. That’s why events like the SMDC Good Life Expo 2025 matter, they give curious visitors a chance to learn, explore, and experience real estate in a way that’s not only informative but also...
Senator Raffy Tulfo on Wednesday, Dec. 3, pushed for mandatory driver’s licenses and registration for e-trike users, warning that the absence of clear regulations has made traffic enforcement nearly impossible amid rising reports of road incidents involving the vehicles. During a consultative...
Senate President Pro Tempore Panfilo "Ping" Lacson proposed on Tuesday, Dec. 2, a provision in the 2026 budget barring any political involvement in cash aid distribution to prevent politicians from abusing the ayuda (cash aid) distribution. During the period of amendments for the 2026 budget bill,...
The Philippine Stock Exchange index (PSEi) ended a bit higher on Tuesday, Dec. 2, after listless trading during the day as investors remained cautious ahead of the release of inflation figures for November. The main index inched up by 5.11 points, or 0.09 percent, to close at 5,994.4, mainly due to...
Cebu-based fuel distributor and retailer Top Line Business Development Corp. is planning to raise fresh capital next year through the issuance of preferred shares to fund its continued expansion, including its venture into fuel importation. In a disclosure to the Philippine Stock Exchange (PSE),...
