Spanning five decades of promoting transformative agenda for the country, the Philippine Chamber of Commerce and Industry (PCCI) recently celebrated 50 golden years of the Philippine Business Conference and Expo (PBC&E), the biggest and most-highly anticipated in the country. Over 1,500 local...
The local stock market continues to see-saw, ending lower today as investors wait for the release of US inflation numbers tonight. The main index fell by 82.11 points or 1.22 percent with the retreat led by the Services counter while the Banking sector managed to hold its ground. Volume declined to...
The Philippine Health Insurance Corp. (PhilHealth) will get zero subsidy in the P6.352-trillion 2025 national budget. This was according to Senate Finance Committee Chair Senator Grace Poe, citing that they still have their P600 billion reserve fund. "Nakita natin PhilHealth, yung subsidiya na...
A China Coast Guard ship fires water cannon at a Bureau of Fisheries and Aquatic Resources (BFAR) vessel in Bajo de Masinloc, West Philippine Sea on Dec. 4, 2024. (Courtesy of National Task Force for West Philippine Sea) The Philippine Navy (PN) expressed support for President Marcos Jr.’s...
The Organisation for Economic Co-operation and Development (OECD) sees the potential of around 400 private enterprises to go public—one of the main factors that will develop the local capital market. This is according to an in-depth assessment of the Philippine capital market released by the...
After winding down large Philippine Offshore Gaming Operators (POGO), the government's next crackdown would be on the small-time POGO hubs. POGO hub in Bamban, Tarlac (Photo courtesy of the Presidential Anti-Organized Crime Commission) By January, the government is expecting to run after small POGO...
The Asian Development Bank (ADB) has lowered its inflation forecast for the Philippines due to moderating price pressures, particularly in food and core inflation. In its latest Asian Development Outlook (ADO) report, the Manila-based multilateral institution revised its inflation forecast for the...
The Philippines, the United States and Japan held for the first time a trilateral maritime dialogue in Tokyo, where officials from three countries discussed Tuesday, Dec. 10, ways to address China’s continued aggression in the South China Sea. A China Coast Guard ship fires water cannon at a...
(Unsplash) A House panel has amplified calls for the Department of Agriculture (DA) to boost development of modern post-harvest facilities in the country’s eastern seaboard as a way to improve fish production and help offset the dwindling catch in...
ILOILO CITY — The Inflation rate in Western Visayas region dropped to 3.2 percent in November. A market stall in Iloilo City. (Tara Yap) The Philippine Statistics Authority-6 reported that the inflation rate decreased by 0.7 percent from 3.9 percent in October. “The deceleration in the...
The local stock market bounced back from the previous day’s loss on the back of a stronger peso. The main index added 44.45 points or 0.66 percent to close at 6,724.82 with the Mining sector leading the advance while Banks lagged behind. Volume was still strong at 783 million shares worth P8.54...
Admiral Ronnie Gil Gavan, commandant of the Philippine Coast Guard (PCG), leads the oath-taking of 2,000 draftees at the Coast Guard Fleet Parade Ground in Pier 13, Port Area, Manila on Dec. 9, 2024. (Photo: PCG) Two thousand draftees took their oath on Monday, Dec. 9, as they began the rigorous...
