The Philippine Stock Exchange index (PSEi) rose for the third straight day on Thursday, Sept. 18, after the United States Federal Reserve (US Fed) cut interest rates, as expected. The main index added 22.96 points, or 0.37 percent, to close at 6,233.62. Sector indices were evenly mixed, while...
The Philippine Stock Exchange index (PSEi) rose further on Wednesday, Sept. 17, on hopes that the Bangko Sentral ng Pilipinas (BSP) will slash rates further in tandem with the United States Federal Reserve (US Fed). The main index jumped by 61.92 points, or 1.01 percent, to close at 6,210.66. The...
In a city that never seems to pause, more people are craving escapes where mornings are quiet and life moves slower. Just approximately an hour away from Metro Manila through CALAX East, CBTX, and the CAVITEX link, Silang has been gaining attention for its cool climate and proximity to Tagaytay,...
State-run think tank Philippine Institute for Development Studies (PIDS) has called for sweeping reforms in the Department of Education’s (DepEd) national assessment system, urging stronger test development, quality assurance, and data utilization to better support student learning and guide...
The Philippine Stock Exchange index (PSEi) made a strong bounce on Tuesday, Sept. 16, as investors started bargain hunting, sparked by the possible inclusion of the Philippines in a JPMorgan bond index as well as the expected United States (US) rate cut. The main index surged by 91.31 points, or...
Marking a pivotal step in aligning higher education and technical-vocational training with workforce demands, the Commission on Higher Education (CHED) on Monday, September 15, signed a Joint Memorandum Circular (JMC) with the Technical Education and Skills Development Authority (TESDA) to...
Pag-IBIG Fund is set to offer a special 4.5 percent housing loan rate to qualified members seeking to purchase house-and-lot packages worth up to P1.8 million, as part of the Marcos Administration’s Expanded Pambansang Pabahay para sa Pilipino (4PH) Program. The promotional rate is expected to...
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...
The Philippines will repay until 2053 its latest $400-million (nearly ₱23-billion) loan from the Manila-based Asian Development Bank (ADB) that supports the Marcos Jr. administration’s “Walang Gutom” Food Stamp Program. Documents showed that Finance Secretary Ralph G. Recto, on behalf of...
The Sy family’s flagship SM Investments Corp. is selling a prime lot near Malacañan in Manila to its property development arm, SM Prime Holdings Inc., while preparing a corporate vehicle for its first premium residential project under the newly launched Signature Series brand. In a disclosure to...
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,...
