Flag-carrier Philippine Airlines (PAL) is beefing up its presence in Australia with an offering of 22 weekly flights to the continent starting next month. In a statement, PAL said it is expanding its popular Manila-Brisbane service to daily flights, introducing a seventh weekly non-stop frequency...
The local stock market fell on continued profit-taking as investors wait for key economic data to be released later this week. The main index plunged by 155.65 points or 2.1 percent to close at 7,272.65 with Conglomerates suffering the biggest loss. Volume was still strong at 1.08 billion shares...
Philippine National Bank is planning to sell 9.18 percent, worth about P2.3 billion, of its real estate subsidiary PNB Holdings Corporation after setting the stage for a possible listing by way of introduction. In a disclosure to the Philippine Stock Exchange, the bank said it had set Oct. 25,...
The local stock market is seen to remain bullish and try to breach the 7,500 level this week although there will continue to be bouts of profit-taking—making it more volatile. While the Philippine Stock Exchange is already in a bull market, Philstocks Financial Research Manager Japhet Tantiangco...
Philippine Olympic Committee (POC) president Abraham “Bambol” Tolentino laid the ground work for the country’s active return to track cycling during the International Cycling Union (UCI) 193rd Congress during the weekend in Zurich. National Olympic committee and cycling federation presidents...
Philippine Skating Union president Nikkie Cheng is eyeing something that has never happened in the country’s sports history -- a Filipina competing in the Winter Olympics. Isabella Gamez (Ballet Photo Manila) Cheng has already set her sights on figure skater Isabella Gamez and her Fil-Russian...
Alice Guo (Mark Balmores/ MANILA BULLETIN) New information on dismissed Bamban, Tarlac mayor Alice Guo's alleged identity as a Chinese spy surfaced when an Al Jazeera documentary about Chinese tycoon She Zhijiang came out. But for...
The Bureau of Immigration (BI) said it will help expedite the departure of foreigners working with Philippine Offshore Gaming Operators (POGOs) or Internet Gaming Licensees (IGLs). BI Officer-in-Charge Commissioner Joel Anthony Viado said the bureau and other government agencies decided “to...
Singapore-based United Overseas Bank (UOB) expects the Philippine economy to grow as targeted this and next year while inflation risks and interest rates ease. In its quarterly global outlook report for the fourth quarter of 2024, UOB forecasted the Philippines' gross domestic product (GDP) to...
Mr. Praveen Pathak, director of market promotion and export at BrahMos Aerospace Pvt. Ltd., poses in front of a model of the BrahMos supersonic cruise missile on a mobile autonomous launcher during the recent Asian Defense and Security (ADAS) exhibit in Pasay City. (Photo by Martin A. Sadongdong /...
While US bourses hit new highs, the PSEi eased lower on some profit-taking as it gathers more momentum before trying to breach the 7,500 level. The main index shed 30.44 points or 0.41 percent to close at 7,428.30 with Banks being the main drag as Industrials was flat while most sectors actually...
The annual growth rate of the country’s wholesale prices slowed to 1.9 percent in August this year from 2.4 percent in July, mainly due to declining prices in mineral fuels and slower increases in food and manufactured goods. According to the Philippine Statistics Authority (PSA), the growth rate...
