The Philippine Stock Exchange index (PSEi) gained ground, boosted by easing United States-China trade tensions and investor anticipation of more rate cuts from the Bangko Sentral ng Pilipinas (BSP). The main index rose 23.89 points (0.39 percent) to finish at 6,076.22 on Tuesday, Oct. 13. The...
The Philippine Competition Commission (PCC) has approved the proposed acquisition deal between Metanoia South Pte. Ltd. and Copper Smelting Investments Ltd., finding that the agreement poses no competition risks. The PCC said the acquisition was approved following a Phase 1 review, which determines...
The Armed Forces of the Philippines (AFP) confirmed on Tuesday, Oct. 14, that the Philippine Navy (PN) destroyed an erected steel structure in Bajo de Masinloc (Scarborough or Panatag Shoal) in 1997, following an unauthorized construction attempt by Chinese forces. This should serve as a reminder...
The Philippine Coast Guard (PCG) has revealed that, for the first time, China Coast Guard (CCG) personnel issued a radio challenge claiming that the presence of Filipino fishing boats in Bajo de Masinloc (Scarborough or Panatag Shoal) could damage what they called an “environmental reserve,”...
The Philippines reinforced its standing as a global tourism powerhouse after capturing six major honors at the 2025 World Travel Awards (WTA) Asia and Oceania Gala Ceremony, the Department of Tourism (DOT) said on Tuesday, Oct. 14. DOT Secretary Christina Garcia-Frasco said the recognitions...
The Philippine Marine Corps (PMC) and the United States Marine Corps (USMC) launched the Marine Air Support Activity 2025 (MASA 25) on Monday, Oct. 13, to strengthen their cooperation and enhance regional security in the Indo-Pacific. MASA 25 is a bilateral exercise under the Mutual Defense...
The Philippine Stock Exchange (PSE) has approved the voluntary trading suspension sought by Asiabest Group International Inc. (ABG) in response to shareholder calls for transparency and to avoid speculation while awaiting the final appraisals of assets to be infused into the company. “The...
The Philippines is set to make history as a guest of honor at the 77th Frankfurt Book Fair 2025 in Germany, a rare distinction that puts Filipino creativity at the center of global literary conversations. Sen. Loren Legarda, credited for her role in securing the Philippines ' participation...
The Philippine Stock Exchange index (PSEi) rose on Monday, Oct. 13, after investors picked up bargains as treasury yields dropped while the peso firmed up. The main index added 14.54 points, or 0.24 percent, to close at 6,052.33 on the strength of the services and mining sectors, as most of the...
Two more civilian vessels of the Bureau of Fisheries and Aquatic Resources (BFAR) were apparently hit by a water cannon by the China Coast Guard (CCG) near Pag-asa (Thitu) Island in the West Philippine Sea (WPS), the Philippine Coast Guard (PCG) revealed on Monday, Oct. 13. Aside from BRP Datu...
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said on Monday, October 13, that the easterlies—warm winds from the Pacific Ocean—will continue to affect the eastern sections of Luzon and the Visayas, bringing cloudy skies and scattered rains to several...
In response to a social media post by what it calls a “pseudo-expert,” the Philippine Stock Exchange (PSE) has released official figures “to set the record straight once and for all on the true and correct market capitalization (MCAP) data of the listed companies.” It noted that, “A post...
