The local stock market finally made a stronger bounce as funds picked up cheaper blue chips late in the session. The main index rose by 74.18 points or 1.17 percent to close at 6,410.09 as the Mining and Oil sector led the advance although Banks lagged behind. Volume dropped to 385 million...
Senator Francis “Chiz” Escudero on Wednesday, August 16 said he will push for an increase in the intelligence fund of the Philippine Coast Guard (PCG) in the proposed 2024 national budget to help the agency perform its mandate better in defending the country’s territorial waters. Sen....
Sweden is standing with the Philippines amid the latter’s territorial row with China in the South China Sea (SCS), the Department of National Defense (DND) disclosed on Wednesday, Aug. 16. (L-R) Swedish Ambassador to the Philippines Annika Thunborg and Department of National Defense Secretary...
The Philippines is helping pursue diplomatic talks among various nations in a bid to eventually establish a mechanism facilitating international cooperation and assistance under the Biological Weapons Convention (BWC). That's through Philippine Permanent Mission in Geneva's second secretary,...
Seven years after the Permanent Court of Arbitration in the Hague ruled in favor of the Philippines in its dispute with China on the West Philippine Sea, Filipinos were asked recently by OCTA Research on the top three measures they believe the administration of President Ferdinand R. Marcos, Jr....
The administration of former president Gloria Macapagal-Arroyo was “conspicuously silent” over issues concerning the West Philippine Sea (WPS), Sen. Jinggoy Ejercito Estrada said on Tuesday, August 15. Sen. Jinggoy Ejercito Estrada (Senate PRIB Photo) In his privilege speech at the...
The Armed Forces of the Philippines (AFP) has no verified information whether or not China received an advance report about the resupply mission to Ayungin (Second Thomas) Shoal last August 5 which ended up with a cannon attack by the China Coast Guard (CCG) on Philippine vessels. A China Coast...
Late buying nudged up the Philippine Stock Exchange (PSE) benchmark index as investors picked up bargains following steep losses in past days. The main index inched up by 6.72 points or 0.11 percent to close at 6,335.91 as the Services sector did the heavy lifting while the Industrial and Mining...
The Securities Clearing Corporation of the Philippines (SCCP), a wholly-owned subsidiary of the Philippine Stock Exchange Inc. (PSE), announced that stock market transactions from Aug. 24, 2023 onwards will be settled after two clearing days instead of three. This comes after the clearinghouse...
Former presidential spokesperson Rigoberto “Bobby” Tiglao should rectify the “inaccurate” information he wrote regarding the grounding of the BRP Sierra Madre on Ayungin Shoal to “accurately reflect actual historical events.” Sen. Joseph Victor "JV" Ejercito (Senate PRIB Photo) ...
Strong performance from its power business has tempered the bigger loss suffered by its sister media company, resulting in a 31 percent growth in attributable net income for the Lopez Holdings Corp. In a disclosure to the Philippine Stock Exchange, the holding company of the Lopez...
Senator Christopher “Bong” Go said the institutionalization of the Philippine National Games will further strengthen grassroots sports development and provide more opportunities to aspiring athletes. Sen. Christopher "Bong" Go (Senate PRIB Photo) Go, chairman of the...
