The Department of Social Welfare and Development (DSWD) has deployed more social workers and support staff to its new Assistance to Individuals in Crisis Situation (AICS) processing center to speed up service for thousands of Filipinos seeking financial aid daily. DSWD Assistant Secretary and...
Publicly listed telecommunications firms, particularly market leaders PLDT and Globe Telecom, are taking a beating on the local stock market as investors shy away due to the potential impact of the Konektadong Pinoy Act and new online gambling restrictions on e-wallets. “The sector has been on...
Officially designated as Republic Act (RA) No. 12234, the Konektadong Pinoy Act automatically lapsed into law last week after no presidential action was taken on it within 30 days after Congress transmitted the bicameral bill to Malacañang. Also known as the Open Access in Data Transmission Act,...
The Philippine Stock Exchange index (PSEi) fell for the third consecutive day amid expectations of a slight uptick in August inflation and the peso 's recent weakness. The main index shed 15.22 points, or 0.29 percent, to close at 6,140.35 on Monday, Sept. 1. Conglomerates led the retreat,...
Philippine stock market investors are expected to wait for the August inflation report which will be released on Friday, Sept. 5, while weighing concerns over United States (US) tariffs and the probability of a US Federal Reserve (Fed) rate cut later during the early part of the week. “The local...
At the start of the year, Colliers Philippines highlighted a strong resurgence in occupier activity, signaling renewed confidence in the office market. More than 60 percent of demand was driven by traditional occupiers, with third-party outsourcing and shared services also playing a significant...
The Philippine Stock Exchange index (PSEi) dropped on Thursday, Aug. 28, as investors sold on news that the Bangko Sentral ng Pilipinas (BSP) reduced interest rates as expected. The main index lost 83.15 points, or 1.33 percent, to close at 6,190.19. Banks led the retreat, while miners bucked the...
Five Philippine Stock Exchange-listed stocks will be added to the UK’s Financial Times Stock Exchange (FTSE) Global Equity Index Series in the latest rebalancing that will take effect on Sept. 22, 2025. Based on the results of FTSE’s September 2025 semi-annual index review, Aboitiz Power Corp....
As the Philippines’ only United Nations Educational, Scientific and Cultural Organization (Unesco) Global Geopark and a Regenerative Island, Bohol is committed to “responsible tourism.” This commitment is rooted in the understanding that Unesco can revoke these honors for environmental...
The Philippine Stock Exchange index (PSEi) bounced back on Wednesday, Aug. 27, recovering most of the previous day’s losses, as investors seized the opportunity to buy bargains in anticipation of an expected rate cut by the Bangko Sentral ng Pilipinas (BSP). The main index jumped 128.10 points,...
The Philippine Stock Exchange index (PSEi) fell on Tuesday, Aug. 26, even when it was expected to be buoyed by prospects of lower interest rates, as investors were more concerned about United States (US) President Donald J. Trump’s firing of US Federal Reserve (Fed) Governor Lisa Cook amid the...
While the Bangko Sentral ng Pilipinas (BSP) has already moved to unlink in-app online gambling platforms from financial institutions, the central bank chief affirmed the possibility of the Philippines returning to the money-laundering watchlist should the government fail to contain persisting...
