The local stock market bounced after dropping in the previous three sessions as investors started bargain hunting. The main index added 35.49 points or 0.57 percent to close at 6,289.85 on Tuesday, Aug. 12, as Conglomerates led the advance while Banks continued to decline. Volume jumped to 756...
The Catholic Bishops’ Conference of the Philippines (CBCP) urged immediate action to address the country’s worsening child nutrition and education crisis—a call strongly welcomed by the Second Congressional Commission on Education (EDCOM 2), which vowed to accelerate key reforms to safeguard...
The Philippine banking industry ended the first half of 2025 with a combined net profit of ₱198.1 billion in June, up 4.1 percent from last year’s ₱190.3 billion, driven by double-digit growth in net interest income. Data from the Bangko Sentral ng Pilipinas (BSP) released on Tuesday, Aug....
Allianz PNB Life, Inc., the local life insurance arm of Germany-based financial services giant Allianz, posted a double-digit increase in gross premium income to ₱19 billion in the first half of 2025 on the back of high single-premium insurance (SP) sales and an increase in earnings from renewal...
After the rare collision of two Chinese ships near Bajo de Masinloc in the West Philippine Sea (WPS), the Philippine Coast Guard (PCG) is hopeful that the “bullying” and “aggression” of the People’s Republic of China (PRC) toward Philippine vessels, troops, and even fishermen in the...
The Philippine Stock Exchange index (PSEi) dropped on Monday, Aug. 11, as investors sold off stocks due to a lack of fresh market-moving developments. The main index fell by 85.02 points, or 1.34 percent, to close at 6,254.36. Banks led the retreat, with only the Services counter managing to hold...
The Manila Interior Design Summit (MIDS) 2025, held from July 31 to August 3 in key Metro Manila venues, focused on people-centered design. In its third and most forward-looking edition, it brought together design leaders and emerging talents from across Asia-Pacific under the theme "Design/Shift:...
Senators on Monday, August 11 commended the response of the Philippine Coast Guard (PCG) personnel who offered assistance and medical aid to the injured Chinese crew members that figured in a collision in Bajo de Masinloc after trying to ward off Philippine vessels in the area. Senate President...
Dutch financial giant ING said the Philippine peso is likely to continue losing ground against the United States (US) dollar as the Bangko Sentral ng Pilipinas (BSP) remains unfazed by its weakening and is expected to deliver substantial cuts in key borrowing rates. “Given our expectations of...
Local stock market investors will continue to digest second-quarter earnings reports this week while keeping a close eye on developments in US trade policies. Philstocks Financial Research Manager Japhet Tantiangco said investors are looking for new catalysts. “Investors are expected to watch for...
A group on Saturday, August 9, urged the government to prioritize urgent psychosocial support in schools following a recent classroom shooting in Nueva Ecija, which left two students critically injured and deeply shaken the local community. The Alliance of Concerned Teachers (ACT) Philippines, in a...
As Filipinos evolve alongside technology, the marketplace tradition once reserved for the hustle and bustle of wet markets is finding new life in the digital realm. The art of “tawad” or haggling is seen growing in the world of online shopping, yet its brushstroke still paints the same...
