The Manila-based Asian Development Bank (ADB) is urging the Association of Southeast Asian Nations (ASEAN) to deepen regional financial connectivity, positioning stronger and more integrated capital markets as a critical buffer against external shocks like the war in the Middle East. In a speech...
The Philippine Stock Exchange index (PSEi) rallied back to the 6,000 level on Wednesday, April 8, after the United States (US) and Iran agreed to a ceasefire, which led to a drop in oil prices. The main index surged by 132.04 points, or 2.22 percent, to close at 6,089.91. Miners led the charge...
The Philippine Stock Exchange index (PSEi) inched up on Tuesday, April 7, as bargain hunting prevailed despite the impact of the higher-than-expected inflation rate on investor sentiment. The main index added 9.54 points, or 0.16 percent, to close at 5,957.87. Miners led the advance while the...
The Manila-based Asian Development Bank (ADB) has launched a multi-partner fund aimed at financing critical project preparation for cross-border energy and transmission infrastructure in the Association of Southeast Asian Nations (ASEAN), marking the first initiative of its kind in the region. The...
In adherence to the directive of President Ferdinand R. Marcos Jr. to provide timely and meaningful assistance to overseas Filipino workers affected by the conflict in the Middle East, Department of Human Settlements and Urban Development Secretary Jose Ramon P. Aliling, who also chairs the...
President Marcos declared April 10 to 16 of every year as Economy, Planning, and Development Week. Marcos made the declaration through Proclamation No. 1205, which also proclaimed the 10th of April of every year as the Department of Economy, Planning, and Development (DEPDev) Day. Proclamation No....
Multilateral lenders including the Asian Development Bank (ADB), the International Monetary Fund (IMF), and the World Bank Group (WBG) are moving to provide immediate financing and coordinated support to countries reeling from the economic fallout of the Middle East war. In a statement on...
A small group of patients, mostly suffering from chronic illnesses, accounts for a disproportionate share of hospital spending in the Philippines, according to state-run policy think tank Philippine Institute for Development Studies (PIDS). In a statement on Wednesday, April 1, PIDS cited its study...
Kaway’an Ecopark recently received international acclaim for its inclusion in Time 's list of the World’s Greatest Places, the only destination from the Philippines. The announcement was made on Time.com on March 12, 2026. The annual ranking is based on nominations from a global network of...
The Philippine Stock Exchange index (PSEi) surged on Tuesday, March 31, as investors pounced on undervalued stocks following signs of easing geopolitical tensions in the Middle East and fortification of the nation’s fuel reserves. The benchmark PSEi jumped 79.45 points, or 1.35 percent, to finish...
GT Capital Holdings Inc., the Ty family’s flagship investment firm, has infused ₱9.16 billion into its wholly owned property subsidiary Federal Land Inc. through the acquisition of a 20-percent stake in the unit’s joint venture (JV) with Nomura Real Estate Development Co. Ltd. (NRE). In a...
Pag-IBIG Fund said it shall maintain its 3% annual interest rate for qualified socialized housing loans under the Expanded Pambansang Pabahay para sa Pilipino Program, keeping homeownership affordable at a time when the conflict in the Middle East continues to unsettle global oil markets and drive...
