Local equities rose for a sixth consecutive day as heavy buying in port operator International Container Terminal Services Inc. (ICTSI) countered afternoon profit-taking triggered by escalating tensions in the Middle East. The Philippine Stock Exchange index (PSEi) advanced 28.66 points, or 0.46...
Philippine Airlines (PAL) raised $300 million through its debut international bond offering, tapping global debt markets to fund its network expansion and fleet modernization following a successful financial turnaround. The flag carrier’s wholly owned subsidiary, Primero Agila Limited, priced the...
The Department of Foreign Affairs (DFA) on Wednesday, July 8, said it is looking into an incident involving Presidential Communications Office (PCO) Undersecretary Claire Castro during President Ferdinand R. Marcos Jr.’s visit to Vancouver, Canada, last week. In a statement, the DFA said Foreign...
President Marcos has approved several initiatives in public transport, education, energy, disaster resilience, and artificial intelligence (AI), Malacañang said. Marcos presided over the 10th Economy and Development (ED) Council Meeting on July 7, where he approved key initiatives to improve...
The Philippine Stock Exchange (PSE) is pushing back against the securities regulator’s decision to open the door to cryptocurrency trading, warning that the move risks siphoning individual investors away from traditional equities and undermining capital market development. The critique follows...
Jobless Filipinos increased in number by nearly half a million to 2.5 million in May from 2.03 million a year ago, driven largely by employment losses in the agriculture and forestry sectors as weather-related disruptions, including El Niño, weighed on opportunities. National Statistician Claire...
Three of the country’s largest business groups have backed the expansion of benefits provided by state-run Philippine Health Insurance Corp. (PhilHealth), but stressed that timely and complete premium payments are crucial to sustain the national health insurer’s finances and further widen...
The Philippine Institute of Certified Public Accountants (PICPA) will convene its annual Accountancy Week Celebration from July 12 to 18, 2026, pivoting its national agenda toward ethical leadership and the integration of emerging technologies amid rapidly shifting global regulatory environment....
President Marcos has ordered the Armed Forces of the Philippines (AFP) to remain steadfast in defending the country 's territory while sustaining gains in internal security and closely monitoring foreign malign influence, top defense and military officials said after a command conference with...
Department of National Defense (DND) Secretary Gilberto Teodoro Jr. said the Philippines has completed negotiations to acquire five decommissioned Japanese Abukuma-class destroyer escort ships, with only administrative requirements left before the transfer moves forward. Speaking to reporters on...
The Philippines remains energy insecure as its growing dependence on Middle Eastern crude oil and tightening power reserves leave the country increasingly vulnerable to global fuel supply disruptions as well as power supply risks, according to state-run think tank Philippine Institute for...
Apexford International Corp. signed a registration agreement with the Philippine Economic Zone Authority (PEZA) on Monday, July 6, marking the logistics newcomer’s official entry into the country’s tax-incentivized economic zones. The agreement, signed by PEZA Director General Tereso O. Panga...
