Philippine Savings Bank (PSBank), a subsidiary of Metropolitan Bank & Trust Co. (Metrobank), reported a 33-percent drop in net income to ₱3.5 billion last year from the record-high ₱5.21 billion earned in 2024 due to higher credit provisions in 2025. In a disclosure to the Philippine Stock...
The Philippine Red Cross (PRC), together with partners from the Zurich Climate Resilience Alliance (ZCRA), conducted a series of engagements in Metro Manila to strengthen collaboration and advance climate resilience initiatives for vulnerable communities across the Philippines. A key highlight of...
The Philippine Association of Securities Brokers and Dealers Inc. (PASBDI) has opposed the plan by the Securities and Exchange Commission (SEC) to impose a mandatory 10-year term limit on broker directors of exchanges, arguing the move would strip the local bourse of critical expertise. In a...
The Securities and Exchange Commission (SEC) is moving to overhaul the stock exchange 's leadership, proposing strict term limits that would unseat several long-serving power players in the local brokerage community. Under draft SEC rules released for public comment, broker directors would be...
The Philippines and China have no overlapping claims in the South China Sea, as international law has already set which parts of the vast sea belong to each, Department of Foreign Affairs (DFA) Maritime Affairs spokesman Rogelio Villanueva said. Villanueva made it clear in a press conference on...
Local stocks tumbled on Wednesday, March 4, erasing the previous session’s gains as escalating conflict in the Middle East fueled fears that spike in global energy prices will reignite inflation and derail the central bank’s pivot toward monetary easing. The Philippine Stock Exchange index...
Reserve forces from Pangasinan and Ilocos Sur took a frontline role in the Philippine Army’s (PA) ongoing Combined Arms Training Exercise (CATEX) “KATIHAN” as they reinforced soldiers in a demonstration of seamless integration and operational readiness at various training areas across...
The Department of Education (DepEd) is being urged to strictly protect the minimum 180 instructional days as it pushes for a shift from the current quarterly academic calendar to a three-term system for basic education. In a statement issued on Wednesday, March 4, the Second Congressional...
DAVAO CITY – The Philippine Eagle Foundation is appealing for donations to build 10 cages for breeding Philippine Eagle pairs at the National Bird Breeding Sanctuary in Toril District here. PEF Director of Operations Dr. Jayson Ibañez issued the appeal on Tuesday, March 3, World Wildlife Day, as...
Local shares rose slightly on Tuesday, March 3, as bargain hunters stepped in following a two-day retreat, though lingering geopolitical tensions in the Middle East and weak breadth of losers capped the recovery. The Philippine Stock Exchange index (PSEi) climbed 18.55 points, or 0.29 percent, to...
The Armed Forces of the Philippines (AFP) assured the public on Tuesday, March 3, that the country is “not under any threat” from Iranian missile systems, making it safe from the reaching grip of the conflict in the Middle East. Rear Adm. Roy Vincent Trinidad, AFP spokesperson for West...
There is still no confirmed schedule for repatriation of Filipinos in Israel as airspaces across the Middle East remain closed amid the ongoing conflict in the region, the Philippines ' envoy in Tel Aviv said. Philippine Ambassador to Israel Aileen Mendiola-Rau told Manila Bulletin that any...
