The local stock market dropped as investors cashed out at the end of the week. The main index fell by 86.98 points or 1.39 percent to close at 6,154.99 with the retreat led by the services sector while miners bucked the trend with a small gain. Volume rose to 450 million shares worth P6.06 billion...
Philippine Army (PA) chief Lt. Gen. Roy Galido (right) designates Col. Victorino M Seño as the head of the Office of the Chief Infantry in a ceremony at Fort Bonifacio in Taguig City on Feb. 6, 2025. (Photo: PA) The Philippine Army (PA) said Friday, Feb. 7, that it has reactivated its Office of...
Philippine manufacturing output grew at a slower pace last year, hampered by several production declines, according to the Philippine Statistics Authority (PSA). While the manufacturing sector saw growth in the second and third quarters of 2024, significant contractions in March (-4.9 percent),...
A crew of BRP Nestor Reinoso establishes contact with South Korean passenger vessel UDOSARANG 1, which encountered mechanical malfunction off Burgos, Ilocos Norte on Feb. 5, 2025. Nine Filipino crew were rescued. (Photo: Philippine Navy) A South Korean passenger boat that malfunctioned while...
After its ₱5 billion bond offering period, San Miguel Corporation (SMC) affiliate Bank of Commerce (BankCom) was assigned an Issuer Credit Rating of PRS Aa plus (corp.), with a stable outlook, by Philippine Rating Services Corporation (PhilRatings). An Issuer Credit Rating is an opinion on the...
President Marcos said the Philippines would not leave the West Philippine Sea and would continue to defend its territory despite China's aggression and the glaring difference in both countries' military capabilities. President Ferdinand 'Bongbong' Marcos Jr. (Mark Balmores) Marcos said this...
From left: Norman Agatep, APR, PRSP VP-External Affairs; Mikey de Quiros, APR, PRSP VP-Internal Affairs & Chairman of the 60 th Anvil Awards; Andy Saracho, APR, PRSP President; BPI’s Chief Customer & Marketing Officer Cathy Santamaria, External Communications & Media Relations...
Games Saturday (Paco Arena, Manila) 12 noon – WCC vs CEU 2 p.m. – DIL vs ICC 4 p.m. – PCU-D vs PWU Olivarez College leaned on a huge third quarter performance and downed host Diliman College, 84-73, in the UCAL-PGFlex Linoleum 7th Season on Thursday, Feb. 6, at the Paco Arena in...
The local stock market succumbed to profit-taking after the PSEi rallied by almost 420 points from its bear market crash last Friday. The main index shed 39.11 points or 0.62 percent to close at 6,241.97 as the Property sector led the correction while the Industrial and Mining counters continued to...
To bridge the educational divide and promote equal opportunities for all learners across the country, the Department of Education (DepEd) announced on Thursday, Feb. 6, its partnership with the National Electrification Administration (NEA) to bring electricity to remote and last-mile schools. (File...
The government's intensified anti-piracy efforts last year yielded a record-high P40.9 billion in confiscated fake products. In a statement on Thursday, Feb. 6, the Intellectual Property Office of the Philippines (IPOPHL) said the combined seizures of enforcement agencies belonging to the National...
With about 50 million Filipinos with jobs in 2024, the country recorded its highest employment rate in 20 years, according to the Philippine Statistics Authority (PSA). Of the working population, 96.2 percent landed a job in 2024, a share higher than 2023’s 95.6 percent. This is the highest jobs...
