Senator Jinggoy Ejercito Estrada on Friday, July 18 once again slammed China’s continued harassment of Philippine maritime personnel and vessels traversing the West Philippine Sea. Estrada made the remarks following reports of the China Coast Guard’s tailing and obstruction of the BRP Teresa...
Market sentiment is showing certain signs of improvement, an emerging consensus among the biggest players. Amidst growing geopolitical tensions, the outlook remains positive, with the domestic bourse gradually becoming “more conducive” to initial public offerings (IPOs). Mobile wallet service...
After receiving zero subsidies this year, the Philippine Health Insurance Corporation (PhillHealth) will be getting ₱53.3 billion in government support next year, according to President Ferdinand Marcos Jr.’s chief economic manager. Department of Finance (DOF) Secretary Ralph G. Recto told...
The Philippine Stock Exchange index (PSEi) continued to weaken on Thursday, July 17, as investors worried about US President Donald Trump’s proposed tariffs and reports of his plan to change leadership at the US Federal Reserve. The main index lost 41.93 points, or 0.66 percent, to close at...
Paterno-led Philippine Seven Corp. (PSC), the master franchisee for the 7-Eleven convenience store chain in the Philippines, is targeting to have a total of 5,000 branches in operation in 2026 from the 4,130 stores opened as of the end of 2024. In a press briefing after the firm’s annual...
The saying “age does not matter” also applies to saving lives, as even young students can be trained to respond to cardiac emergencies through cardiopulmonary resuscitation (CPR), a lifesaving skill that can be used anytime, anywhere, on anyone. This is what the Philippine Heart Association...
All gambling-related advertisements have now been added to the list of items or categories subject to mandatory screening under the new agreement between the Philippine Amusement and Gaming Corporation (Pagcor) and the Ad Standards Council (ASC). Signed on Wednesday, July 16, the memorandum of...
Zobel-led Bank of the Philippine Islands (BPI) posted a 7.8 percent improvement in net income to ₱33 billion for the first half of 2025 from the ₱30.6 billion earned in the same period last year on strong growth in net interest income. In a disclosure to the Philippine Stock Exchange, the bank...
D&L Industries Inc., the country’s top specialty food ingredients and oleochemicals producer, has maintained the top Issue Credit Rating of PRS Aaa with a Stable Outlook for its ₱2 billion outstanding Fixed Rate Bonds assigned by Philippine Rating Services Corporation (PhilRatings). Obligations...
The Philippine peso depreciated further to its weakest in nearly one month, after slipping back to the ₱57 level against the United States (US) dollar on Friday last week due the higher US inflation. The local currency dropped to the ₱57:$1 level on Wednesday, July 17, closing at ₱57.085 from...
Ports operator Asian Terminals Inc. (ATI) and Dubai-based logistics company DP World joined forces in investing ₱120 million to roll out the Philippines’ first complete fleet of electric internal transfer vehicles (eITVs). ATI and DP World recently unveiled a fleet of 15 eITVs and their...
BACOLOD CITY – The municipal government of Moises Padilla in Negros Occidental has raised concerns with Gov. Eugenio Jose Lacson regarding the possible eviction of the Central Philippine State University (CPSU) campus in the town, after the landowner expressed plans to reclaim the two-hectare...
