The Philippine stock benchmark climbed for a sixth consecutive session, reclaiming the 6,600 level as a strengthening peso and optimistic corporate earnings outlooks spurred a broad-based rally. The Philippine Stock Exchange index (PSEi) advanced 71.89 points, or 1.1 percent, to finish at 6,619.87...
Maj. Gen. Vicente MAP Blanco III, commandant of the Philippine Marine Corps (PMC), on Wednesday, Feb. 25, condemned the actions of retired Marines who allegedly acted as “bagmen” in the supposed delivery of P805 billion worth of kickbacks from flood control programs to top government officials,...
The Philippine Charity Sweepstakes Office (PCSO) on Wednesday, February 25, expressed strong support for the upcoming film The Lotto Winner, saying the movie reflects the hope, resilience, and life-changing possibilities associated with the Philippine lottery. In a statement, PCSO said the film,...
Local stocks climbed for a fifth consecutive session to reach a nine-month high as strengthening peso and robust corporate earnings results insulated the market from the broader global selloff. The Philippine Stock Exchange index (PSEi) gained 59.47 points, or 0.9 percent, to finish at its intraday...
The Armed Forces of the Philippines (AFP) bolstered the nation’s territorial defense with the simultaneous christening and commissioning of two new naval vessels, the offshore patrol vessel (OPV) BRP Rajah Sulayman (PS-20) and the fast attack interdiction craft (FAIC) BRP Audrey Bañares...
Senator Risa Hontiveros said on Tuesday, February 24 she will not attend the Senate’s meeting with Chinese Ambassador Jing Quan despite the efforts of her colleagues to hold dialogues with the envoy over his negative remarks against senators. “I will not go to the meeting with the Chinese...
The Philippine Stock Exchange index (PSEi) gained on the back of positive corporate earnings reports as well as the United States (US) high court ruling against US President Donald Trump’s tariffs. The main index added 23.39 points, or 0.36 percent, to close at 6,488.51. Miners led the advance,...
Senator Erwin Tulfo said on Monday, February 23 that his meeting with Chinese Ambassador Jing Quan turned out to be cordial and productive. The meeting was facilitated by the Department of Foreign Affairs (DFA); Foreign Affairs Secretary Theresa Lazaro was also present during the meeting. ...
The Philippine Navy (PN) on Monday said naval vessels attached to its Western Mindanao Naval Command (WMNC) have provided relief assistance to communities severely affected by the massive fire that hit Lamion, Bongao, Tawi-Tawi. In a statement, the PN said the WMNC has conducted sealift operations,...
The Philippine Coast Guard (PCG) is looking to build a Catholic church on Pag-asa Island to serve residents and government personnel stationed in the West Philippine Sea (WPS). Commodore Jay Tarriela, PCG spokesperson for WPS, said he discussed the plan with Bishop Socrates Mesiona, of the...
The Philippine National Bank (PNB) posted record consolidated net income of ₱25.3 billion last year, a 20 percent increase from the ₱21.2 billion reported a year earlier amid aggressive loan expansion and improved cost efficiencies. In a disclosure to the Philippine Stock Exchange, the lender...
Local stocks are expected to trade on the strength of corporate earnings this week as investors pivot away from a sparse economic calendar and focus on the health of the private sector. With the fourth-quarter and full-year 2025 reporting season underway, analysts suggest corporate performance...
