A staggering 18.9 million Filipinos are considered not functional literate, or who cannot compute and comprehend, a trend which is very alarming, according to Senator Sherwin Gatchalian. Sen. Sherwin Gatchalian, chairman of the Senate Committee on Basic Education, underscores the importance...
The PSEi rallied on expectations of a US trade deal coupled with upbeat first quarter earnings reports. The main index jumped by 102.80 points or 1.64 percent to close at 6,354.99 with the Property sector and Banks leading the charge although the Services and Mining counters dropped. Volume rose to...
The Philippine National Police (PNP) has mobilized investigative teams to help expedite the investigation into the brazen killing of 89-year old veteran journalist Johnny Dayang who was shot dead right inside his house in Kalibo, Aklan. PNP chief Gen. Rommel Francisco Marbil said police...
The Philippine Red Cross (PRC) reaffirmed its commitment to disaster preparedness by hosting its 34th Biennial National Convention from April 28 to 30 at the PRC Logistics and Multi-Purpose Center (PLMC) in Mandaluyong City. To prepare the foremost humanitarian organization in the years ahead, the...
Chinese imports to the Philippines and Philippine exports to the United States (US) surged in the first quarter, amid escalating trade tensions between Washington and Beijing that threaten to disrupt the global economy. The latest preliminary Philippine Statistics Authority (PSA) data on Wednesday,...
Factory gate prices accelerated at a slower pace in March 2025, due to the slowdown in the price hike for computer, electronic, and optical products, the Philippine Statistics Authority (PSA) reported. Preliminary data from the PSA revealed that the producer price index (PPI), which reflects...
Aboitiz Power Corporation (AboitizPower) plans to raise up to ₱30 billion from a planned bond issuance, representing the initial tranche of its new three-year Shelf Registration program of up to ₱100.0 billion. Philippine Rating Services Corporation (PhilRatings) said it has assigned the...
While the Philippine digital economy expanded to ₱2.25 trillion in 2024, it grew by only 7.6 percent, marking its slowest growth in four years after contracting during the pandemic. Of the country’s gross domestic product (GDP), the share of the digital economy also shrank slightly to 8.5...
The local stock market ended almost flat as investors continue to wait for fresh economic news amid uncertainty in the global front. The main index inched up 2.69 points or 0.04 percent to close at 6,252.19 with sectoral indices evenly mixed. Volume was still low at 622 million shares worth P4.88...
The Philippine Economic Zone Authority’s (PEZA) approval of investments continued its upward trajectory this year, growing by 112.06 percent by the end of April compared to the same period last year. PEZA, an investment promotion agency (IPA) under the Department of Trade and...
Personnel of the Philippine Army's 9th Infantry Division cast their local absentee votes at Camp Elias Angeles in Pili, Camarines Sur on April 28, 2025. (Photo: Philippine Army) More than 29,000 personnel of the Armed Forces of the Philippines (AFP) are expected to cast their votes ahead of the May...
A total of 1,288 policemen were dismissed from the service for various offenses in more than one year of aggressive internal cleansing starting April 1 last year, the Philippine National Police (PNP) said. PNP chief Gen. Rommel Francisco Marbil said the same aggressive internal cleansing from April...