The local stock market dropped after the government reported an uptick in the inflation rate last month. The main index fell 79.79 points, or 1.20 percent, to close at 6,545.38. The Services sector led the retreat, with only Mining and Oil in the green. Volume was higher but still thin at 1.51...
Acknowledging the vital role of early childhood education in enhancing the country’s overall education quality, the Second Congressional Commission on Education (EDCOM 2) emphasized on Tuesday, Jan. 7, its support for increased investment in early childhood education as part of the 2025 national...
The Philippine Navy said the forensic analysis conducted on a submersible drone discovered off the coast of San Pascual, Masbate on Dec. 30, 2024 will take six to eight weeks. (Photo: Police Regional Office-5) The Philippine Navy (PN) said Tuesday, Jan. 7, that it will take up to two months to...
Southeast Asian Games multi-medalist Mervin Guarte passed away on Tuesday, Jan. 7, after succumbing from stab wounds from an unidentified assailant in Calapan, Oriental Mindoro. He was 33. File Photo from Mervin Guarte Facebook In a police report, Guarte was said to be sleeping in the living...
Consumer prices in December accelerated for the third consecutive month, but a sharp decline in rice prices helped ease the impact, particularly on poor households, with rice inflation slowing to its lowest level in three years. Data from the Philippine Statistics Authority (PSA) revealed that the...
Senate President Pro Tempore Jinggoy Ejercito Estrada said the recent sighting of the China Coast Guard’s largest vessel off the coast of Zambales “is deeply concerning.” Estrada pointed this out as he also took note of the earlier recovery of an underwater drone off the coast in...
The digital lending market in the country is expected to surpass $1 billion, or P58 billion, in the second half of 2025, fueled by the increasing demand for online financial technologies. Online loan platform Digido said the market is poised for rapid expansion this year driven by the growing...
Staying true to its humanitarian mission of helping the most vulnerable, the Philippine Red Cross (PRC), in collaboration with the International Committee of the Red Cross (ICRC), has provided essential health services—including health caravans and vaccination drives—to marginalized and remote...
The local stock market started the week on the positive side, with the PSEi sustaining the advance made in the first two trading days of the year. The main index added 21.36 points or 0.32 percent to close at 6,625.17 although only Banks and Services were up while most sectors were lower. Volume...
The Department of Education (DepEd) announced on Monday, Jan. 6, that it has organized training sessions for teachers of core subjects to help improve learning outcomes among students. (DepEd / MB Visual Content Group) In a statement, DepEd said the training sessions for English, Science, and...
The release of the December 2024 inflation numbers will heavily influence the local stock market this week as trading volume normalizes with traders returning from the holidays. “Eyes are going to be on the Philippines’ December inflation data as this will provide clues on the Bangko Sentral ng...
The Philippine Solar and Storage Energy Alliance (PSSEA) said the solar energy industry is forecasted to expand further this year amid rapid pace of installation, helping the country reach its decarbonization goals. In a statement, the PSSEA noted the global rise of solar installations is...