After two strong weeks, the local stock market shifted downward last week and is seen remaining bearish in the coming days due to growing tensions between the United States (US) and Iran. Investors are also expected to take cues from the country’s May inflation data, which will be released on...
The Department of Education (DepEd) is pushing for intensified efforts to expand access to international scholarships and exchange programs for public school teachers, saying global exposure is a necessary investment in improving the country’s basic education system. During the Teach Beyond...
Relying solely on the Bangko Sentral ng Pilipinas’ (BSP) interest rate hikes will likely provide limited support for the Philippine peso, which remains on the verge of another historic low amid elevated oil prices, a stronger United States (US) dollar, and cautious market risk appetite, according...
The Securities and Exchange Commission (SEC) is warning the public against dealing with and engaging scammers offering to facilitate unauthorized online loan and banking transactions through online messaging platforms and social media, as well as fraudsters posing as bank or government employees....
The Philippine Stock Exchange (PSE) intends to keep Chairman Jose T. Pardo on its board of directors, no longer as an independent director but as a non-broker director representing other market participants, when it holds its board elections during its annual stockholders’ meeting (ASM) on July...
The Philippine Stock Exchange index (PSEi) plunged on Thursday, May 28, as hopes for peace in the Middle East dimmed following fresh United States (US) strikes in Iran while the two countries’ positions remain incompatible. The main index fell by 103.3 points, or 1.73 percent, to close at...
DigiPlus Interactive Corp., the country’s premier digital entertainment provider, is on track to meet the stricter financial reporting guidelines imposed by the Securities and Exchange Commission (SEC). The firm announced the publication of its 2025 Integrated Report, establishing a comprehensive...
Local fintech firm BlockShoals Technologies Inc. has been allowed by the Securities and Exchange Commission (SEC) to operate as a crypto asset intermediary (CAI), giving Filipinos access to the products and services of Binance, the world’s largest crypto exchange. Under the partnership,...
The Philippine Stock Exchange index (PSEi) dropped on Tuesday, May 26, as investors took profits ahead of the Eid al-Adha holiday on concern over the Middle East situation after the United States (US) launched strikes against Iran. The main index lost 46.14 points, or 0.77 percent, to close at...
The Philippine Stock Exchange index (PSEi) rose for the third day in a row on Monday, May 25, as oil prices continued to decline on hopes for successful peace negotiations between the United States (US) and Iran. The main index added 47.98 points, or 0.8 percent, to close at 6,009.38. Banks led the...
The interagency Financial Stability Coordination Council (FSCC) has flagged rising risks to the Philippine financial system stemming from the prolonged war in the Middle East, increasing corporate vulnerabilities, and growing household debt, although officials said the country’s banking sector...
Former Chief Justice Artemio Panganiban said he is unfazed by new regulatory rules that will strip him of most of his independent board seats, even as GMA Network Inc. fails in its initial court bid to block the sweeping boardroom shakeup. The Securities and Exchange Commission’s (SEC)...
