Tourism has always been one of the Philippines’ greatest levers for economic growth. Few countries are as naturally blessed; we boast world-ranking beaches, pristine mountains, a profound cultural heritage, and a people who welcome visitors with genuine warmth. Yet, when I compare our tourism...
The local stock market lost ₱671.7 billion in market capitalization on Monday, March 9, as the benchmark Philippine Stock Exchange Index (PSEi) plunged to the 6,000 level after the Iran war fueled a surge in oil prices while the peso plunged to a new record low. Philippine Stock Exchange (PSE)...
A total of 349 families who lost their homes in a huge fire that hit Gates 9 to 12 of Parola Compound in Tondo, Manila, last March 6 were given financial and social assistance by the city government as they continue to recover from the disaster. According to Manila Mayor Francisco "Isko Moreno"...
Just like bourses worldwide, the Philippine stock market will mainly be influenced by developments in the Middle East, where the war started by the United States (US) and Israel against Iran is threatening the global supply chain and sending oil prices through the roof. While share prices have...
Stock benchmark tumbled to end the week on a somber note, joining the regional retreat as escalating geopolitical tensions in the Middle East drove the peso back toward record lows and clouded the outlook for domestic inflation. The Philippine Stock Exchange index (PSEi) shed 60.12 points, or 0.94...
When leaders in politics and business get away with whatever they please, the damage is not confined to a single scandal, administration, or balance sheet. The deeper injury is institutional. Impunity—the absence of credible consequences for wrongdoing—reshapes incentives across society. It...
Local stocks tumbled on Wednesday, March 4, erasing the previous session’s gains as escalating conflict in the Middle East fueled fears that spike in global energy prices will reignite inflation and derail the central bank’s pivot toward monetary easing. The Philippine Stock Exchange index...
Local shares rose slightly on Tuesday, March 3, as bargain hunters stepped in following a two-day retreat, though lingering geopolitical tensions in the Middle East and weak breadth of losers capped the recovery. The Philippine Stock Exchange index (PSEi) climbed 18.55 points, or 0.29 percent, to...
Philippine stocks and the peso tumbled on Monday, March 2, as the threat of an escalating war in the Middle East rattled regional markets, fueling concerns that surging energy costs will derail efforts to tame domestic inflation. The Philippine Stock Exchange index (PSEi) slumped 2.79 percent, or...
BACOLOD CITY – The provincial government of Negros Occidental extended P120,000 financial assistance to the family of the three siblings who were brutally attacked in their house in Silay City early this month. Gov. Eugenio Jose Lacson personally turned over a check to Ronelyn, the mother of the...
The Philippine Stock Exchange index (PSEi) snapped a seven-day winning streak on Friday, Feb. 27, as investors locked in gains and digested disappointing trade figures. The benchmark gauge fell 14.22 points, or 0.21 percent, to close at 6,611.24 in Manila. While property developers led the decline,...
Local equities market extended its winning streak to the seventh consecutive session on Thursday, Feb. 26, though a wave of late-session profit-taking pared gains as investors locked in returns from the recent rally. The Philippine Stock Exchange index (PSEi) edged higher by 5.59 points, or 0.08...
