The Philippine Stock Exchange index (PSEi) dropped back to the 6,000 level on Friday, March 13, as global markets reacted to Iran’s intent to close the Strait of Hormuz and send oil prices to $200 a barrel. The main index dropped 54.64 points, or 0.89 percent, to close at 6,058.94. The mining...
The National Book Development Board (NBDB) and the Filipino Critics Circle (FCC) proudly announce the 30 winning titles in the 43rd Annual National Book Awards (NBA), recognizing this cycle’s most outstanding locally published books across diverse genres and languages. Of 385 titles submitted...
Local stocks retreated as the resurgence in global crude oil prices and the weakening peso soured investor sentiment, overshadowing gains in the conglomerate sector. The Philippine Stock Exchange index (PSEi) dropped 44.75 points, or 0.73 percent, to finish at 6,113.58 in Manila. While the services...
Local stocks climbed for a second consecutive session as investors scooped up beaten-down shares, tracking the broader shift in sentiment fueled by expectations of a massive release of global oil reserves. The Philippine Stock Exchange index (PSEi) advanced 31.67 points, or 0.52 percent, to finish...
Education is no longer confined to classrooms, as a new national policy aims to recognize the skills millions of Filipinos have acquired through work, family responsibilities, and community experiences—and convert them into formal learning opportunities. The Department of Education (DepEd) said...
The Philippine Stock Exchange index (PSEi) staged a sharp recovery on Tuesday, March 10, clawing back a significant portion of the previous session’s losses as retreat in global oil prices bolstered investor appetite for risk. The benchmark PSEi advanced 110.44 points, or 2.01 percent, to finish...
The Bank of the Philippine Islands (BPI) extended a ₱6.1 billion project finance facility to Cornerstone Energy Development Inc. (CEDI), a subsidiary of Aboitiz Renewables Inc., marking the lender’s latest move to solidify its position in the sustainable finance market. BPI said the funding...
The local stock market lost ₱671.7 billion in market capitalization on Monday, March 9, as the benchmark Philippine Stock Exchange Index (PSEi) plunged to the 6,000 level after the Iran war fueled a surge in oil prices while the peso plunged to a new record low. Philippine Stock Exchange (PSE)...
Stock benchmark tumbled to end the week on a somber note, joining the regional retreat as escalating geopolitical tensions in the Middle East drove the peso back toward record lows and clouded the outlook for domestic inflation. The Philippine Stock Exchange index (PSEi) shed 60.12 points, or 0.94...
Local stocks tumbled on Wednesday, March 4, erasing the previous session’s gains as escalating conflict in the Middle East fueled fears that spike in global energy prices will reignite inflation and derail the central bank’s pivot toward monetary easing. The Philippine Stock Exchange index...
Cebu-based fuel distributor and retailer Top Line Business Development Corp. plans to tap capital markets this year to fund aggressive expansion of its supply chain and retail footprint following record financial growth. Eugene Erik C. Lim, Top Line president and chief executive officer, said the...
Construction giant EEI Corp. secured ₱1.6 billion in new contracts in the first two months of 2026, a robust start to the year as it moves toward a more diversified project pipeline and leaner corporate structure. EEI President and Chief Executive Officer Henry D. Antonio said the new mandates...
