Marking a historic achievement for the country’s higher education sector and placing the Philippines at the top among Southeast Asian nations, a total of 121 Philippine higher education institutions (HEIs) have made it to the 2025 Times Higher Education (THE) Impact Rankings. The latest impact...
The peso dropped to the ₱57 level against the United States (US) dollar on Thursday morning, June 19, ahead of the expected Bangko Sentral ng Pilipinas (BSP) interest rate cut later in the day. According to the Bankers Association of the Philippines (BAP), the local currency opened at ₱57.1,...
Amid the escalation conflict between Israel and Iran, the 21 Philippine government officials who were in a study program in Israel were safely evacuated through neighboring Jordan, the Philippine Embassy in Amman said. In a statement on late Wednesday night, June 18, the embassy said the 21...
Passengers booking flights with Philippine Airlines (PAL) are set to access more personalized preferences through the flag carrier’s new booking platform, which is integrated with the new distribution capability (NDC). Powered by Spanish technology company Amadeus, PAL said NDC will...
The Marcos administration has proclaimed four new economic zones (ecozones) and expansions during the first half of the year, signaling the government’s ongoing drive to facilitate investments outside the country’s urban centers. During the period, President Marcos approved two expansion...
The PSEi dropped amid see-saw trading this week—volatility is being fed by the Israel-Iran conflict even as investors wait for word from the United States (US) and Philippine central banks, which will hold policy meetings this week. The main index lost 31.76 points, or 0.5 percent, to close at...
The Philippine Coast Guard (PCG) said Wednesday, June 18, that it spearheaded a coral reef rehabilitation in Pagasa (Thitu) Island and the Kalayaan Island Group (KIG) as part of the government’s ongoing initiative to protect and conserve the marine environment in the West Philippine Sea (WPS)....
The Philippine Amusement and Gaming Corporation (Pagcor) has launched a website that allows the public to verify the legitimacy of online gaming providers. In a statement, Alejandro H. Tengco, Pagcor chairman and chief executive officer, announced the launch of the “PAGCOR Guarantee” website...
The Philippine Air Force (PAF) said it is still pursuing the acquisition of multi-role fighter (MRF) aircraft, despite having already procured new FA-50 fighter jets earlier this month. PAF spokesperson Colonel Ma. Consuelo Castillo said the proposed MRF acquisition, which falls under the...
Some 18 Filipinos are now staying in a temporary facility after the hotel they were working at was hit by an Iranian missile, the Philippine Embassy in Tel Aviv said. In a Facebook post, published on Tuesday night, June 17, showed Philippine Ambassador to Tel Aviv Aileen Mendiola-Rau visiting the...
The Philippine peso has depreciated the most among regional currencies against the safe haven United States (US) dollar so far since Israel attacked Iran and heightened global oil price risks. A June 18 report by Japanese financial giant MUFG Bank Ltd. showed that since June 13, the peso weakened...
The Philippine Stock Exchange, Inc. (PSE) and the Commission on Filipinos Overseas (CFO) have signed a Memorandum of Understanding to jointly undertake programs that will help overseas Filipinos become active participants in the Philippine capital markets. PSE President and CEO Ramon S. Monzon...