The PSEi jumped back to the 6,900 level, benefiting from the MSCI rebalancing and more upbeat corporate results. The main index rose 68.19 percent or 0.99 percent to close at 6,944.71 as Banks and Conglomerates led the charge although the Property and Mining counters retreated. Volume surged to 774...
After decades of focusing on internal security operations against communist rebels and other threat groups especially in Mindanao, the Philippine Army has started shifting its operational capabilities to territorial defense operations. And to test its defense strategic plan implementation,...
Speaking before Australia's parliament, President Marcos has once again declared to an international audience that the Philippines will never give up an inch of its territory to any foreign power. "I shall never tire of repeating the declaration that I made from the first day that I took office: I...
(Photo from Pixabay) Forty-four percent of adult Filipinos expect the Philippine economy to “stay the same” in the next 12 months, based on the December 2023 Social Weather Stations (SWS) survey. The survey results, which were released on Wednesday, Feb. 28, also revealed that 40 percent of...
The local stock market reversed early losses to end with a small gain as large cap firms report strong earnings growth. The main index added 15.85 points or 0.23 percent to close at 6,876.52 although sectoral indices were split. Volume dipped to 379 million shares worth P4.73 billion as gainers...
Secretary Gilberto C. Teodoro, Jr. meets visiting French Senators from the France-Southeast Asia Interparliamentary Friendship Group, led by Mr. Olivier Henno, at the Department of National Defense last week. (photo: DND) French senators from the France-Southeast Asia Interparliamentary...
(Philippine Coast Guard) Deputy Majority Leader and Mandaluyong City Rep. Neptali "Boyet" Gonzales II explained that the Philippines will continue to maintain caution against China over its continued incursions in the West Philippine Sea...
STI Education Systems Holdings Inc. is acquiring Philippine School of Business Administration (PSBA) in Manila and Quezon cities for a yet undisclosed amount. In a disclosure to the Philippine Stock Exchange (PSE), STI aid its board of directors has ratified the execution of a Term Sheet with...
Three communist rebels died in a fierce gun battle that led to the Army troopers overrunning their camp in San Joaquin town of Iloilo early morning on Wednesday, Feb. 28, a military official said. Brig. Gen. Michael Samson, commander of the 301 st Brigade, said the operation also resulted in...
Finance Secretary Ralph G. Recto said the government is keeping its ambitious target of achieving an "A" credit rating before the end of the Marcos administration. Although the president is still early in his term, Recto is optimistic on the country's prospects for climbing the rating ladder, with...
Philippine officials and key industry players will be on a one-week Nuclear Energy Mission to Canada this March to scrutinize the policy frameworks and regulatory regimes of this developed market - primarily on how it had set the bar high on its ‘cradle-to-grave’ precept of nuclear energy...
President Marcos said the government would continue supporting Filipino fisherfolk in the West Philippine Sea amid what he called "worrisome" activities taking place in the disputed waters. President Ferdinand ‘Bongbong’ Marcos Jr. (MPC Pool) Marcos said this after the Philippine Navy reported...
