At the Fairmont Manila ballroom on March 24, the Nordic countries marked their partnership with the Philippines through an evening that seamlessly brought diplomacy and culture together. Policy discussions shared space with Nordic cuisine, music, and a sense of familiarity between two regions that,...
The Philippine Stock Exchange index (PSEi) was slightly lower on Friday, March 27, after the peso slid to a new low amid high oil prices fueled by the conflict in the Middle East. The main index shed 11.37 points, or 0.19 percent, to close at 5,972.83. Miners led the correction, while conglomerates...
In a move that will test congressmen 's resolve in Vice President Sara Duterte 's impeachment case, the House Committee on Justice has summoned the respondent 's lawyer, Michael Poa, to attend the proceedings. The Batangas 2nd district Rep. Gerville "Jinky Bitrics" Luistro-chaired...
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...
President Marcos’ declaration of a state of national energy emergency was a timely preemptive strike against volatile global crude markets rather than a delayed reaction, according to private sector economists, who warned that Filipino consumers must still prepare for a prolonged period of...
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...
The position of the defense team of Vice President Sara Duterte in her impeachment complaint remains unchanged after yet another move from the House of Representatives to elevate her case. Michael Poa, spokesman for Duterte 's defense team, maintained their belief that "the [impeachment]...
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...
The defense camp of Vice President Sara Duterte on Tuesday, March 17, lamented the alleged "double standards" of House members when they declared sufficient both in form and substance the impeachment complaint against her. Michael Poa, spokesman for Duterte 's defense team, said members of the...
Local stocks retreated for a third consecutive session on Monday, March 16, briefly sliding below the critical psychological threshold as the escalating conflict in the Middle East pressured the local currency and fueled concerns over imported inflation. The Philippine Stock Exchange index (PSEi)...
Vice President Sara Duterte questioned moves to possibly bar two members of her legal team from representing her in the impeachment proceedings, saying she has never heard of a situation where a respondent is not allowed to choose their own lawyers. Duterte said this following calls to remove...
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...
