Former rebels, law enforcers, and local government officials attend a summit for rebel-returnees in Davao City on July 11, 2024. (Photo: National Amnesty Commission) The National Amnesty Commission (NAC) announced Wednesday, Feb. 26, that it has received and processed 127 amnesty applications...
The local stock market bounced after news that the Philippines will continue to receive US aid, while upbeat corporate earnings further lifted investor sentiment. The Philippine Stock Exchange index (PSEi) rallied by 80.80 points or 1.33 percent to close at 6,144.96 on Wednesday, Feb. 26, as Banks...
Four Philippine projects funded by World Bank loans totaling over $1.37 billion (nearly ₱80 billion) are progressing satisfactorily, according to the Washington-based multilateral lender. In separate implementation status and results reports this month and last month, the World Bank said the...
The United Nations Sustainable Development Goals (SDGs) offer a transformative framework for tackling global challenges while underscoring the critical role of partnerships in driving meaningful progress. By aligning with the SDGs, enterprises not only fulfill their commitment to responsible...
The local stock market weakened as investor sentiment remains dampened by geopolitical concerns such as US tariffs and discouraging economic and inflation numbers. The main index dropped on Tuesday, Feb. 25, by 31.81 points or 0.52 percent to close at 6,064.16, as conglomerates led the retreat...
The Philippine Stock Exchange index (PSEi) ended almost flat on Monday, Feb. 24, as gains of banks and conglomerates managed to balance losses of other sectors. The main index shed 2.07 points or 0.03 percent to close at 6,095.97 with the industrial and services counters leading decliners. Volume...
The government is offering tax deductions to private donors supporting six priority programs in this year's list of the state planning agency National Economic and Development Authority (NEDA). Earlier this month, NEDA came out with the 2025 National Priority Plan (NPP), which listed down key...
State-owned Development Bank of the Philippines’ (DBP) net income surged to ₱7.1-billion in 2024—its highest in the past 10 years—representing a 20 percent increase from 2023 as the bank ramped up its lending activities to key sectors in support of the Marcos, Jr. administration’s...
Top Line Hi Tech and Synergy Corp. has partnered with the Provincial Government of Aklan to implement a smart port system at Boracay's Caticlan and Cagban ports to enhance the ticketing process and improve port management. In a statement, Eugene Erik Lim, Topline Hi Tech president and chief...
The local stock market recovered some lost ground to close the week on a higher level than in the previous Friday. The main index added 31.41 points or 0.52 percent to close at 6,098.04 as the Property sector bounced back to lead the advance while Banks dipped. Volume declined to 1.65 billion...
The Philippine stock market weakened as investors grew concerned about potential delays in U.S. interest rate cuts and increased tariff threats by President Trump. The main index fell 53.25 points, or 0.87 percent, to close at 6,066.63 on Thursday, Feb. 20. The property sector led the...
The Philippine Stock Exchange index (PSEi) gained more ground as investors continued to pick up cheaper stocks on the back of gains in US bourses. The main index added 24.92 points or 0.41 percent to close at 6,119.88 with the mining and oil surging by 4.73 percent while banks and services...