The Philippine Stock Exchange index (PSEi) rose again in thin volume on Friday, May 22, on hopes of peace between the United States (US) and Iran, which has also led to lower world crude oil prices. The main index added 40.70 points, or 0.69 percent, to close at 5,961.40. Conglomerates led the...
Zobel-led Bank of the Philippine Islands (BPI) is aiming to reach 50 million customers, of which 20 million will be underbanked and underserved Filipinos, as part of its financial inclusion commitment. In a press conference, BPI Chief Finance Officer (CFO) and Chief Sustainability Officer Eric...
A Chinese military helicopter closely approached a Dutch naval frigate navigating the West Philippine Sea (WPS), the ship’s commander revealed on Friday, May 22, upon arriving in Manila for a historic three-day goodwill visit. Commander Rodger de Wit, commanding officer of the Royal Netherlands...
Senator Panfilo “Ping” Lacson said on Friday, May 22, that initial findings from investigators point to a case of “trigger-happy” behavior by a member of the Senate Office of the Sergeant-at-Arms (OSAA) during the shooting incident inside the Senate. Lacson said this in a radio interview...
The Philippines’ swine population contracted by 1.5 percent in the first quarter to reach its lowest level since 1994, as the local hog sector continues to reel from the impact of African swine fever (ASF). Preliminary data from the Philippine Statistics Authority (PSA) showed that the...
SM Investments Corp. (SMIC) increased its group-wide renewable energy sourcing to 31 percent of total electricity consumption last year, accelerating its shift toward cleaner energy across its sprawling retail, property, and banking empire. SMIC said its transition to green energy rose from 27...
BIGHIT MUSIC has confirmed the venue and released ticketing details for BTS’s upcoming “Arirang” world tour stop in the Philippines, with the K-pop supergroup set to perform at the Philippine Sports Stadium in Bulacan. The Manila concerts are scheduled for March 13 and 14 next year as part of...
Let’s get away from the telenovela drama of the Senate with its shifting power dynamics and lingering public doubt and growing dismay—as well as the choppy trend in the cost of crude oil per barrel in the international market and its trickle-down negative effects on our way of life. Not that it...
Zobel-led Bank of the Philippine Islands (BPI) is weighing the debut issuance of blue or sustainability-linked bonds to fund water and marine projects, though heightened market volatility fueled by conflicts in the Middle East has clouded the timing for a 2026 launch. During the bank’s press...
Local equities snapped a four-day losing streak as investors selectively accumulated beaten-down shares, tracking an overnight rally on Wall Street fueled by optimism surrounding the potential geopolitical de-escalation between the United States (US) and Iran. The benchmark Philippine Stock...
The Securities and Exchange Commission (SEC) finalized rules imposing a maximum 10-year cumulative term limit for broker-directors of the Philippine Stock Exchange (PSE), standing firm against pushback from local stockbrokers while offering a two-year transition window. Under SEC Memorandum...
Philippine financial system’s total resources swelled to ₱37.45 trillion in the first quarter of 2026, fueled by resilient banking sector that managed to outpace macroeconomic headwinds and heightened geopolitical tensions in the Middle East. Preliminary data from the Bangko Sentral ng...
