The Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE) are working together to encourage even small companies to go public, as large, family-owned conglomerates are no longer too keen to list their shares as part of estate-planning because inheritance tax has recently...
Three fishermen who had been stranded in the West Philippine Sea (WPS) for two days finally got rescued by the authorities after they ended up at an isolated detachment of the Philippine Marine Corps (PMC) on Sunday morning, Sept. 7. The Marines identified the fishermen as Romeo H. Carta, 50; Rojin...
Malacañang has refuted claims by the camp of Great Pacific Builders and General Contractor, Inc., that the firm did not handle the second phase of the Philippine Film Heritage Building (PFHB) project. In a statement, Communications Undersecretary Claire Castro urged the contractor couple, Cezarah...
The local stock market extended gains as investors continued to pick up bargains after the August inflation rate, while higher, came within target. The main index rose by 42.21 points, or 0.69 percent, to close at 6,149.13. The services sector led the advance, although banks dipped slightly. Volume...
Senator Erwin Tulfo has urged the Philippine Amusement and Gaming Corporation (PAGCOR), Ad Standards Council (ASC), and the Kapisanan ng mga Brodkaster ng Pilipinas (KBP) to immediately review advertisements related to online gambling. Tulfo, who chairs the Senate Committee on Games and Amusement,...
Despite last month’s spike in consumer prices, the steady decline in rice costs is seen to keep a lid on inflation, with the Bangko Sentral ng Pilipinas (BSP) expecting it to average below two percent this year. Inflation quickened to 1.5 percent in August from 0.9 percent in July—the slowest...
The rate of increase in consumer prices has accelerated last month due to jump in food prices, with recent weather events heavily impacting the cost of vegetables, the Philippine Statistics Authority (PSA) reported on Friday, Sept. 5. Headline inflation accelerated to 1.5 percent in August 2025,...
After an excellent display of Filipino artistry in its recently concluded tour in the United Kingdom, the Philippine Philharmonic Orchestra (PPO) exhibits its adaptable musicality for its 41st concert season, dubbed “VERSATILE.” With the commanding presence of conductor Maestro Grzegorz Nowak,...
Malacañang revealed that the construction of the Philippine Film Heritage Building in Intramuros, Manila was supposed to be completed on Thursday, Sept. 4, but it was instead found incomplete, baring several structural issues. Palace Press Officer and Communications Undersecretary Claire Castro...
United States Ambassador to Manila MaryKay Carlson looked back at the friendship forged between Manila and Washington when they stood as allies and emerged victorious after the World War 2. Leading the ceremony commemorating the 80th Victory Day with Baguio City Mayor Benjamin Magalong at the US...
The Philippine Stock Exchange index (PSEi) ended a five-day slump as investors bought cheaper stocks ahead of Friday’s August inflation report. The benchmark PSEi added 23.99 points, or 0.39 percent, to close at 6,106.92 on Thursday, Sept. 4, with advances across the board led by property and...
Pangilinan-led Metro Pacific Investments Corp. (MPIC), the Philippines’ leading infrastructure investments company, has appointed former Philippine Airlines President Gilbert Gabriel F. Santa Maria as the new President and CEO of Metro Pacific Tollways Corp. (MPTC), effective Sept. 1, 2025. Santa...
