The PSEi continues to rally following last week’s steep dive and is now close to the 7,000 level as the central bank said its rate cut plan is unchanged while investors are more upbeat now with US-Philippine relations under incoming President Trump. The main index surged by 172.44 points or 2.53...
US Secretary of Defense meets with American servicemen during his visit to the headquarters of the Armed Forces of the Philippines (AFP) Western Command in Puerto Princesa City, Palawan on Nov. 19, 2024. (Photo: Austin / X account) The United States government has created a new military task force...
It’s easy to feel frustrated and point fingers when facing abnormal weather patterns, especially in the disaster-stricken Philippines, where calamities swing by like unwanted visitors who frequent poor communities. Lest we forget, developing nations suffer the most from rich countries'...
(L-R) US Defense Secretary Lloyd Austin III and Department of National Defense (DND) Secretary Gilberto Teodoro Jr. smile at each other during a press conference at the headquarters of Western Command in Puerto Princesa City, Palawan on Nov. 19, 2024. Austin reiterated America's "ironclad"...
Outlining strategies to address longstanding and emerging challenges in basic education, the Department of Education (DepEd) on Tuesday, Nov. 19, announced that it had presented a 5-Point Agenda to the National Management Committee. DepEd Secretary Sonny Angara (Rod Cañalita / Pixabay / MANILA...
The PSEi has risen back to the 6,800 level as investors continue picking up bargains while digesting last week’s corporate results. The main index added 41.84 points or 0.62 percent to close at 6,803.19 with the Services sector leading the advance while Conglomerates lagged behind. Volume dipped...
Tanco-led STI Education Services Group Inc. (STI ESG) has retained the Issue Credit Rating of PRS A plus from Philippine Rating Services Corporation (PhilRatings) for its outstanding bond issuance of P820 million. PhilRatings said this is based on its on-going and initial review of the account...
PAL's new pursers with PAL President and COO Captain Stanley Ng and PAL's spokesperson Ms. Cielo Villaluna After serving for almost three decades as cabin crew of Philippine Airlines (PAL), 20 frontliners recently received their wings as flight pursers, a milestone marking years of...
Following the lower-than-expected gross domestic product (GDP) growth of 5.2 percent in the third quarter, Citi Research expects that stronger domestic demand will prompt a shift to six percent growth for the last three months. Citi Philippines economist Nalin Chutchotitham has revised her...
Singapore-based DBS Bank is bullish that downward inflation and interest rates would bolster consumer spending as well as private investments in the Philippines even as economic growth would likely slow in the next two years. DBS Bank projects an average growth of 6.0 percent for this year, but...
Pampanga 3rd district Rep. Aurelio "Dong" Gonzales Jr. (Facebook) House Senior Deputy Speaker and Pampanga 3rd district Rep. Aurelio “Dong” Gonzales Jr. has castigated the police in his province for supposedly not lifting a finger on the...
Amid ongoing typhoon response efforts, the Philippine Red Cross (PRC) announced on Monday, Nov. 18, that it has assisted 7,040 individuals affected by Super Typhoon Pepito (international name: Man-yi). (Photo from Philippine Red Cross) “Pepito is the 16th tropical storm this year and the...
