President Marcos has assured victims of the massive fire that hit Parola Compound in Binondo, Manila, that the government would continue extending assistance until affected families can rebuild their lives and return home. The President visited the Delpan Evacuation Center and Delpan Sports Complex...
The local stock market may trade sideways this week as concerns over rising inflation and interest rates offset hopes for a peace pact between the United States (US) and Iran. “The local market is still expected to deal with lingering uncertainties, which could keep its movement tempered this...
The Philippine Stock Exchange index (PSEi) rose again in thin volume on Friday, May 22, on hopes of peace between the United States (US) and Iran, which has also led to lower world crude oil prices. The main index added 40.70 points, or 0.69 percent, to close at 5,961.40. Conglomerates led the...
Mutya Orquia is set to headline new episodes of the educational series “Estudyantipid,” a student-focused program that aims to teach practical financial literacy lessons to young Filipinos amid growing concerns over online scams and poor money management habits among youth. The new batch of...
Local equities snapped a four-day losing streak as investors selectively accumulated beaten-down shares, tracking an overnight rally on Wall Street fueled by optimism surrounding the potential geopolitical de-escalation between the United States (US) and Iran. The benchmark Philippine Stock...
The Philippines has made infrastructure the centerpiece of its development strategy. Since the launch of the Build, Build, Build program and its continuation under the Build Better More initiative, public infrastructure spending has climbed to roughly five to six percent of GDP—among the highest...
Local stocks edged lower as investors weighed warnings from President Ferdinand Marcos Jr. that persistent global supply disruptions could push the economy into stagflation. The benchmark Philippine Stock Exchange index (PSEi) dropped 3.40 points, or 0.06 percent, to close at 5,893.40 on Wednesday,...
Local equities fell for a consecutive session, with the benchmark index slipping below a key psychological support level as rising global oil prices and sputtering peso triggered the selloff. The Philippine Stock Exchange index (PSEi) dropped 44.72 points, or 0.75 percent, to finish at 5,896.8 on...
The Middle East conflict of 2026 has exposed the Philippines’ overreliance on imported fossil fuels and its structural vulnerabilities that have been accumulating over the years. Spiking oil prices, soaring inflation, and supply chain disruptions have triggered a national energy emergency – the...
The Philippine Stock Exchange index (PSEi) declined on Monday, May 18, as oil prices rose on fear that the United States (US) may resume its war in Iran after failing to break the deadlock in peace negotiations. The main index dropped 35.25 points, or 0.59 percent, to close at 5,941.52. Miners...
With the conclusion of the first-quarter earnings season, the local stock market is seen turning more bearish as investors take profits from recent gains, with sentiment dampened by the weaker peso, local politicking, and the unresolved Middle East conflict. “The local market has shown positive...
Local stocks retreated on Friday, May 15, pulling the benchmark index back below the 6,000 psychological threshold as sliding peso and cooling remittance data prompted investors to reduce exposure ahead of the weekend. The Philippine Stock Exchange index (PSEi) fell 38.26 points, or 0.64 percent,...
