The Philippine Stock Exchange index (PSEi) rose substantially in reaction to the low December inflation rate of 1.8 percent, which opens the door for an interest rate cut by the Bangko Sentral ng Pilipinas (BSP) in February. The benchmark index surged by 153.38 points, or 2.49 percent, to close at...
As the Philippines ushers in the New Year, the Philippine Red Cross (PRC) called on the public to turn goodwill into action by donating blood and giving patients a new lease on life. While holiday festivities may be over, the demand for blood remains constant, PRC said. PRC noted that hospitals...
The Department of Education (DepEd) is ramping up measures to ensure learning continuity and safeguard the welfare of teachers and learners as schools nationwide resume classes for 2026, following the enactment of the 2026 national budget. In a statement, DepEd Secretary Sonny Angara emphasized...
Rockwell Land Corp., the high-end real estate developer controlled by the Lopez family, plans to raise as much as ₱10 billion through a bond offering to finance capital spending and its acquisition of a majority stake in the Alabang Town Center mall. In a disclosure to the Philippine Stock...
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said that as of Tuesday, January 6, no low-pressure area (LPA) is being monitored for tropical cyclone formation. In an advisory issued at 10 a.m., PAGASA said that “as of 8 a.m. today, no LPAs are being...
The country’s full-year inflation rate in 2025 settled at a nine-year low, even as inflation edged up to 1.8 percent in December from 1.5 percent a month earlier, driven mainly by higher prices of food and non-alcoholic beverages, the Philippine Statistics Authority (PSA) reported. National...
Philippine stocks extended their New Year rally for a second session as investors placed bets on a cooling inflation print and welcomed a retreat in global crude prices. The Philippine Stock Exchange index (PSEi) advanced 29.47 points, or 0.48 percent, to finish at 6,164.53 on Monday, Jan. 5. While...
Bank of the Philippine Islands (BPI) is seeking to raise at least ₱5 billion through the issuance of social bonds to fund projects aimed at community development and economic empowerment. In a disclosure to the Philippine Stock Exchange on Monday, Jan. 5, t he Zobel-led lender said it will offer...
More delistings at the Philippine Stock Exchange are expected this year as low share prices make it challenging to raise capital, thus making it unappealing for public companies to bear the burden of complying with stringent requirements to remain listed at the bourse. Abacus Securities Vice...
The Philippine Stock Exchange index (PSEi) is poised to extend streak of bargain-hunting as investors weigh the prospect of further interest rate cuts against critical economic data due for release this week. Optimism is building around expectations of stronger corporate earnings and pivot in...
The Philippine Embassy in Iraq has launched the Arabic translation project of Noli Me Tangere as part of activities marking 50 years of diplomatic relations between the Philippines and Iraq. In a statement, the embassy said the project was formally introduced during a reception held on Dec. 10,...
The Chinese Embassy in Manila on Saturday, Jan. 3, hit back anew at Senator Kiko Pangilinan’s remark over the West Philippine Sea issue, saying the Philippines has the right to claim its exclusive economic zone (EEZ) as much as China does. In a statement, the embassy acknowledged that the two...
