With back-to-back earthquakes shaking the country in the past 10 days, who in their right mind would now gamble their backyards and communities on hosting nuclear power facilities? This is the ironic cherry on top: the President just signed a nuclear safety regulation law that breezed through the...
The initial public offering of Maynilad Water Services Inc. is expected to proceed this month after the firm has secured commitments from cornerstone investors who will take up over half of the offered shares. On the sidelines of the 57th Finex Annual Conference, Maynilad Chairman Manuel V....
State-run think tank Philippine Institute for Development Studies (PIDS) has urged the Philippine government to implement several key measures to ensure the success and sustainability of the circular economy (CE) transition. “The state’s desire to promote economic transformation and sustainable...
Philippine Airlines (PAL) is looking at increasing flights to the United States, particularly to New York, once the first of its Airbus A350-1000s arrive. “We’re still working on the final delivery date, but it will be either December or January. But we’re still waiting for the final delivery...
Senator Sherwin Gatchalian has vowed to boost the Philippine Coast Guard’s (PCG) capabilities and operations as it continues to battle continuing tensions in the West Philippine Sea. Gatchalian said he will look into the possibility of increasing the PCG’s subsistence allowance as PCG...
A China Coast Guard (CCG) ship fired a water cannon and deliberately rammed a Bureau of Fisheries and Aquatic Resources (BFAR) vessel anchored in the territorial waters of Pag-asa (Thitu) Island in the West Philippine Sea (WPS) on Sunday morning, Oct. 12, the Philippine Coast Guard (PCG) said. PCG...
The Philippine Stock Exchange index (PSEi) dropped on Friday, Oct. 10, despite the Bangko Sentral ng Pilipinas ’ (BSP) policy rate cut as investor sentiment continued to be dampened by the flood control corruption scandal, weak peso, and lower foreign direct investments (FDIs). The main index...
The Philippine Institute of Volcanology and Seismology (Phivolcs) on Friday, Oct. 10 clarified that the series of strong earthquakes that struck Cebu, La Union, and Davao Oriental in the past few days were coincidental and not related. Phivolcs Director Dr. Teresito Bacolcol said these tremors were...
The powerful magnitude 7.4 earthquake that struck Davao Oriental on Friday morning, Oct. 10 was generated by the Philippine Trench, one of six active trenches that surround the country, the Philippine Institute of Volcanology and Seismology (Phivolcs) said. Phivolcs Director Dr. Teresito Bacolcol...
The Philippine Red Cross (PRC) immediately mobilized its volunteers after a 7.4-magnitude earthquake struck Davao Oriental on Friday, October 10, prompting quick evacuations and first aid assistance to affected residents. According to the PRC, both Red Cross and Red Cross Youth volunteers in Davao...
Six Philippine universities are celebrating their continued presence in the Times Higher Education (THE) World University Rankings 2026, released on October 9—marking another milestone for the country’s higher education sector. Leading the celebration is Ateneo de Manila University (ADMU),...
The Securities and Exchange Commission (SEC) has approved the planned offering by real estate giant Ayala Land Inc. (ALI) of Association of Southeast Asian Nations (ASEAN) sustainability-linked bonds to raise up to ₱15 billion for the payment of debt and funding of capital expenditures (capex)....