The research heads of local stock brokers Abacus Securities Corporation and COL Financial have slashed their year-end forecasts for the Philippine Stock Exchange’s benchmark index because foreign investors (hot money and direct investments) continue to stay away, while corporate earnings growth...
Cautious trading is expected to prevail at the Philippine stock market this week as investors await developments following the July 9 deadline for United States trade negotiations. “We may see cautious sentiment as global trade uncertainties may take center stage again. This is as the US’ trade...
The Philippine Air Force (PAF) will launch the “Cope Thunder” Philippines 25-2 air combat exercise with the United States Pacific Air Forces (PACAF) at the Clark Air Base in Mabalacat, Pampanga on Monday, July 7. Lt. Gen. Arthur Cordura, PAF commanding general, will lead the ceremony while the...
The Philippine Navy (PN) disclosed Sunday, July 6, the appointment of Major General Vicente MAP Blanco III as the 37th commandant of the Philippine Marine Corps (PMC). Blanco took the helm during a donning of ranks and assumption of command ceremony at the Marine Barracks Rudiardo Brown, Naval...
Senator Rodante Marcoleta has filed a bill seeking to remove the 12 percent value-added tax (VAT) on the sale of electricity at all stages, in an effort to lower power rates and alleviate the financial burden on Filipino households and businesses. “The Philippines remains to be one of the...
The 13th Philippine Electric Vehicle Summit (PEVS) will be held from October 23 to 25, 2025, at the SMX Convention Center in Pasay City. With momentum building from both public and private sectors, EVAP aims to consolidate its efforts in pushing for the widespread adoption of electric mobility in...
Three decades after its creation, the Commission on Higher Education (CHED) is still falling short of its mandate to guide the nation’s higher education system, according to a recent report from the Second Congressional Commission on Education (EDCOM 2), which recommends a sweeping evaluation of...
The Philippine Amusement and Gaming Corporation (Pagcor) announced its full commitment to intensifying efforts against illegal online gaming activities, acknowledging that it is the prerogative of lawmakers to propose legislation deemed beneficial to the public. In a statement on Friday, July 4,...
Philippine stock investors cashed out for the weekend after the government reported higher national debt, while there is also concern over the deadline for US trade negotiations next week. The main index dropped 73.41 points or 1.13 percent to close at 6,395.57 on Friday, July 4, with the Property...
Malacañang was elated over Lithuanian Defense Minister Dovilė Šakalienė 's recognition of the Philippines ' transparency initiative in dealing with China 's actions in the West Philippine Sea. Šakalienė said that the country 's transparency initiative in documenting and...
Department of National Defense (DND) Secretary Gilberto Teodoro Jr. expressed doubts on China’s intent to lead the signing of a treaty that establishes a nuclear weapon-free Southeast Asia. Teodoro said that China should show its sincerity first by denuclearizing its country and be subjected to...
While consumer price increases rose slightly in June to 1.4 percent from May 's five-and-a-half-year low of 1.3 percent, a substantial drop in rice prices to their lowest in three decades since 1995 helped temper the overall inflation, according to the Philippine Statistics Authority (PSA)....
