The local stock market rose further as investors continued to bank on expectations of a low inflation rate for May that increases chances for a rate cut. The main index jumped 60.20 points or 0.95 percent to close at 6,412.86 as the interest rate-sensitive Property sector led the advance while...
President Marcos has approved the Coconut Farmers and Industry Development Plan (CFIDP) until 2028. Marcos signed issued Memorandum Circular No. 84 dated May 21 which approved and adopted the Coconut Farmers and Industry Development Plan 2024-2028. The CFIDP aims to provide targeted interventions...
The Philippine Economic Zone Authority (PEZA) has officially approved the country’s largest economic zone (ecozone) to date, which will rise within Iwahig Prison and Penal Farm in Puerto Princesa City, Palawan. In a statement, PEZA said its board of directors gave the greenlight to the Palawan...
Year-to-date investments approved by the Philippine Economic Zone Authority (PEZA) continue to trend upward compared to the previous year, but uncertainties stemming from the United States ' (US) tariff policy are dampening foreign investor interest. In a statement, PEZA said it has approved...
The Bangko Sentral ng Pilipinas ' (BSP) First Philippine Polymer Banknote Series (FPPBS) has been recognized with the "Best New Banknote or Banknote Series" award for its security features, design, and incorporation of Philippine flora and fauna. According to the BSP, the FPPBS received the...
The ongoing study of the Philippine Ports Authority (PPA) on at least three regional port facilities that will serve as support infrastructure to the emerging offshore wind industry in the power sector had hit chokepoints, including budget constraints for two of them; while the plug had been pulled...
Ayala Corporation reported that Globe Fintech Innovations Inc. (Mynt, the owner of GCash) is undergoing a stock split that will result in a lower par value per share and increase its market appeal when it launches its initial public offering. In a disclosure to the Philippine Stock Exchange, Ayala...
Japanese financial giant MUFG Bank Ltd. sees t he peso 's appreciation streak against the United States (US) dollar being sustained until early 2026. "We continue to forecast the Philippine peso to strengthen against the US dollar, reflecting low inflation, continued space for rate cuts, FDI...
The Senate bill seeking to expand the Philippine Science High School (PSHS) campuses and make them more accessible to high school students nationwide has been approved on third and final reading. Senate Bill No. (SBN) 2974, otherwise known as the Expanded Philippine Science High School (PSHS)...
Philippine universities are facing an uphill battle on the global academic stage, according to the newly released Philippines University Rankings 2025 by the Center for World University Rankings (CWUR), published on Monday, June 2. Despite the inclusion of two institutions—University of the...
MARIVELES, Bataan – Fishermen recovered floating shabu valued at P1.5 billion in the West Philippine Sea in Masinloc, Zambales on Thursday, May 29. They turned over the contraband stored in sacks to authorities on Monday, June 2, upon arrival on land. The Philippine Drug Enforcement...
Roberta Tamondong (Images courtesy of Instagram) Beauty queen Roberta Tamondong has been embracing life with a relaxed attitude, savoring each moment and navigating her busy days with a calm determination. Taking everything at a leisurely pace, she finds joy in the small pleasures of everyday...