A multi-national task force composed of service members from countries belonging to the North Atlantic Treaty Organization (NATO) is sailing to the Indo-Pacific region soon in response to China’s growing aggression, according to a ranking Philippine Navy (PN) officer. The task force includes an...
The civil society coalition “Atin Ito” is all set for its third civilian mission to the West Philippine Sea (WPS) beginning Monday, May 26, which is expected to last until May 30 and will feature yet another unprecedented initiative – a sea concert to promote peace, unity, and solidarity in...
Citing his decisive leadership and dedication to improving the country’s education system in a short span of time, the Catholic Educational Association of the Philippines (CEAP) on Saturday, May 24, called on President Marcos to reinstate former senator Sonny Angara as Secretary of the Department...
The PSEi rose on the last trading day of the week as uncertainties eased after President Marcos chose to keep his economic team intact after asking his cabinet secretaries to tender their courtesy resignations. The main index jumped 107.73 points or 1.71 percent to close at 6,413.10 as Banks led...
Oasis Management Company Ltd, a Hong Kong-based “activist” investment fund, reported that it has so far acquired a 5.76 percent stake in Lucio Tan-led and Philippine Airlines owner PAL Holdings Inc. In a disclosure to the Philippine Stock Exchange, Oasis Management said it bought the shares...
Philippine Seven Corp. (PSC), the local licensee of 7-Eleven convenience stores in the country, is aiming to significantly expand its presence in Visayas and Mindanao this year to tap into the strong consumer demand in both regions. PSC President and Chief Executive Officer (CEO) Jose Victor...
An industry-led advocacy group on Friday, May 23, expressed strong support for the current leadership of the country’s education agencies—calling on President Marcos to reappoint key officials amid his call for Cabinet secretaries to submit courtesy resignations. PBEd backs Angara, Benitez amid...
The Philippines has expressed grave concern over the recent "aggressive actions and unlawful interference" of China Coast Guard against Philippine civilian public vessels in the West Philippine Sea. In a statement, the National Maritime Council (NMC) said it was "deeply regrettable" that the...
Zobel-led Bank of the Philippine Islands has decided to end the offering of the BPI Supporting Inclusion, Nature, and Growth Bonds due 2026 (BPI SINAG Bonds) because of “strong and substantial demand.” In a disclosure to the Philippine Stock Exchange, the bank said its 1.5-year Peso-denominated...
The Philippine Stock Exchange, Inc. (PSE) is enhancing its trading infrastructure with the signing of a new agreement with Nasdaq, which will significantly expand its technology partnership through an upgrade to Nasdaq 's most advanced platform, Nasdaq Eqlipse Trading. Nasdaq Eqlipse...
The much-vaunted initial public offering (IPO) of GCASH, the leading mobile wallet service, may be pushed back despite the improved market sentiment following the successful and peaceful mid-term election. Yes, Virginia, market sentiment has shifted from the subdued conditions at the start of the...
The Philippine Stock Exchange Index (PSEi) resumed its downward trek after a day’s pause as investors cashed out while waiting to see how the President will reconstitute his cabinet. The main index dropped 69.98 points or 1.10 percent to close at 6,305.37 with only the Mining sector managing...
