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...
The Phiippine Stock Exchange and Bloomberg have partnered to launch a series of joint investor outreach activities inside and outside of the country with the aim of broadening the global investor community’s understanding of the Philippine capital markets. As part of the new joint effort, both...
The Philippine Electricity Market Corporation (PEMC) said that the power grid in country has significantly stabilized a year after the Reserve Market’s return, with red and yellow alerts now a rarity. In a statement on Thursday, Sept. 4, PEMC reported that red and yellow alerts have been reduced...
Senator Panfilo “Ping” Lacson on Thursday, September 4 said he strongly supports a complete overhaul of the Philippine Contractors Accreditation Board (PCAB), the agency responsible for accrediting contractors, following allegations of corruption in government flood control projects. Lacson...
The Department of Education (DepEd) is seeking P928.5 billion for its 2026 budget—a near-trillion-peso proposal that would fund new classrooms, additional teachers, and nationwide learning recovery initiatives. If approved, the budget would mark one of the largest single-year allocations in...
The Philippine Stock Exchange index (PSEi) dropped to the 6,000 level after breaching its support on Wednesday, Sept. 3, as political noise and US tariff issues continue to dampen investor sentiment. The main index closed at 6,082.93, down 45.96 points or 0.75 percent. The Property sector led the...
A Philippine Airlines (PAL) flight bound for Osaka, Japan, returned to Manila on Wednesday, Sept. 3, after experiencing a pressurization issue mid-flight. The incident occurred on PAL Flight PR 412, an Airbus A321-231 with registry RP-C9928, en route from Manila (MNL) to Kansai (KIX) on Sept. 3,...
Senator Risa Hontiveros filed anew the bill creating a specialty hospital for senior citizens saying they deserve to receive quality and age-appropriate healthcare. In filing Senate Bill No. 1302 or the proposed Philippine Geriatric Center (PGC) Act, Hontiveros sought to upgrade the current...
In June 2025, a draft simulation from the Philippine Stock Exchange (PSE) was leaked, revealing how new guidelines could impact the composition of the Philippine Stock Exchange Index (PSEi). The leaked document suggested that San Miguel Corp. and China Banking Corp. could be removed from the PSEi,...
The local stock market dipped due to the weaker peso and lower manufacturing data amid concern over massive corruption in flood control projects. The main index shed 11.46 points, or 0.19 percent, to close at 6,128.89. Half of the sectoral indices were in the green. Volume was higher but still...
The Philippine Postal Corp. (PHLPost) has temporarily suspended all mail and parcel services from the Philippines to the United States (US), effective Aug. 28, 2025. The state-run postal company announced the suspension in an advisory, citing the US decision to halt its de minimis exemption for...
