The Philippine Navy (PN) has deployed Naval Task Group 80.5 aboard BRP Antonio Luna (FF-151) for the second Association of Southeast Asian Nations–United States Maritime Exercise (AUMEX 2025) in Batam, Indonesia, an initiative viewed as part of a broader effort by Southeast Asian states and...
The local stock market is poised to gain momentum this week, driven by expected rate cuts from the United States (U.S.) Federal Reserve and the Bangko Sentral ng Pilipinas (BSP), alongside influential domestic labor and foreign investment data. Philstocks Financial Research Manager Japhet...
SM Investments Corp. (SMIC) Chairman Emeritus Jose T. Sio has been named an honorary life member of the Philippine Institute of Certified Accountants (PICPA), the accredited professional organization of certified public accountants (CPAs). The organization recognized Sio for “over 20 years of...
The Philippine Coast Guard (PCG) and Bureau of Fisheries and Aquatic Resources (BFAR) documented a flare-firing incident by China and intensified foreign presence in several features of the West Philippine Sea (WPS) during a routine maritime domain awareness (MDA) flight on Saturday, Dec. 6, a...
The Philippine Coast Guard (PCG) disclosed Saturday, Dec. 6, that it has expanded its patrol presence off Zambales with the deployment of BRP Cape San Agustin (MRRV-4408), which took over maritime operations after BRP Cabra (MRRV-4409) returned to port for resupply and crew rest, Commodore Jay...
Alex Eala is doubtful for the inaugural staging of the Philippine Women 's Open due to her scheduling conflicts in January. The WTA 125 event, which the country is hosting for the first time, might miss the presence of the best Filipina tennis player as it runs smack into the Australian Open,...
Visayas-Mindanao developer Cebu Landmasters Inc. (CLI) raised ₱4 billion in its latest bond sale, locking in funding to deliver thousands of new, affordable homes in the central and southern Philippines. The new sustainability-linked bond (SLB) tranche was officially listed on Friday, Dec. 5, at...
The Philippine Stock Exchange (PSE) is disputing a ₱195.24-million tax assessment by the Bureau of Internal Revenue (BIR) and vows to “take appropriate legal action for the cancellation of the assessment.” The bourse said it received a final assessment notice (FAN) from the BIR assessing its...
The country’s inflation rate slowed to 1.5 percent in November, easing from 1.7 percent in October and 2.5 percent in the same month last year, largely due to lower food prices, the Philippine Statistics Authority (PSA) reported on Friday, Dec. 5. Headline inflation averaged 1.6 percent during...
Tropical Depression Wilma slightly accelerated early Friday, December 5, as it continued to move west-southwestward over the Philippine Sea. In its 5 a.m. tropical cyclone advisory, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said TD Wilma’s...
Department of Education (DepEd) Secretary Sonny Angara on Thursday, December 4, called on local government units (LGUs) to play a stronger role in the learning recovery initiatives directed by President Marcos, as DepEd and four national agencies formalized new rules expanding the use of the...
State-owned Philippine Guarantee Corp. (PHILGUARANTEE) has partnered with Discovery Capital Finance Corp. (DCFC), one of the fastest-growing financing institutions in the Philippines, to expand credit access for small and medium enterprises (SMEs) across the country. The strategic alliance...
