State-run policy think tank Philippine Institute for Development Studies (PIDS) said persistent gaps in old-age income security could weigh on the Philippines’ long-term growth prospects, as limited pension coverage and high labor informality leave a large segment of the elderly financially...
South Korea-based property development firm Luxia Corp. is spending more than ₱4 billion to build a premium mixed-use development in the Clark Freeport Zone, according to Clark Development Corp. (CDC). In a statement, the investment promotion agency said CDC President and Chief Executive Officer...
Local stocks surged back above the 6,000 threshold on Wednesday, March 25, as investor sentiment shifted toward optimism following reports that the United States (US) has entered formal negotiations with Iran. The prospect of a diplomatic resolution to Middle East tensions sparked a broad-based...
San Juan City Mayor Francis Zamora shared that the construction of the much-awaited Makabagong San Juan Sports Center is right on track and is now on its third floor on Tuesday, March 24, which aims to be the center of sports and health development of San Juaneño youths. After the city government...
Lopez-led First Gen Corp. posted a rebound in earnings in 2025, driven by stronger hydropower generation that helped offset weaker contributions from its geothermal business. In a disclosure to the Philippine Stock Exchange (PSE) on Wednesday, March 25, First Gen said its attributable recurring net...
The Asian Development Bank (ADB) has rolled out a financial support package to help developing member countries (DMCs) cushion the economic fallout from the escalating conflict in the Middle East, as energy prices surge and global supply chains face disruptions. The move comes as the Philippines,...
The Philippine Stock Exchange index (PSEi) recovered slightly together with global markets on Tuesday, March 24, on hopes that the United States (US) is easing attacks against Iran. The main index added 37.02 points, or 0.63 percent, to close at 5,936.20, led by the mining sector following an...
The Philippine Stock Exchange index (PSEi) plunged to just below the 5,900 level on Monday, March 23, as oil prices continued to rise amid worsening conflict in the Middle East, with Iran keeping the Strait of Hormuz shut despite threats from the United States (US). The main index fell 119.44...
Local stocks retreated as the peso plummeted to a record low, breaching the psychologically significant 60-per-dollar level, while investors trimmed positions ahead of a long weekend amid escalating geopolitical tensions. The Philippine Stock Exchange index (PSEi) slipped 36.84 points, or 0.6...
Filinvest Development Corp. (FDC), the Gotianun Group’s holding company, reported a 24-percent growth in attributable net income to an all-time high of ₱15 billion last year from the ₱12.1 billion generated in 2024. In a disclosure to the Philippine Stock Exchange (PSE) on Thursday, March 19,...
Filinvest Development Corp. (FDC) is centralizing its food and beverage operations under its hospitality unit as part of a broader strategy to pivot toward integrated leisure and wellness services. In a disclosure to the Philippine Stock Exchange, the investment arm of the Gotianun family said it...
Local equities snapped a three-day losing streak on Tuesday, March 17, as investors engaged in selective bargain hunting, though gains remained capped by persistent anxiety over geopolitical tensions and the trajectory of interest rates. The Philippine Stock Exchange index (PSEi) advanced 19.46...
