The Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE) are moving to revitalize the domestic capital market by introducing rules for Global Philippine Depository Receipts, which would allow local investors to trade foreign stocks in the local currency. SEC Chairman...
The Department of Foreign Affairs (DFA) has conveyed concern over the Chinese Embassy 's warning that the current row between Filipino officials and the embassy could cost millions of jobs for Filipinos. "The Department of Foreign Affairs notes with concern the Chinese Embassy 's...
The Philippine Stock Exchange index (PSEi) declined for the third straight session on Monday, Feb. 16, as its investors cashed out before the Lunar New Year holiday and the Bangko Sentral ng Pilipinas ’ (BSP) policy meeting. The main index shed 16.03 points, or 0.25 percent, to close at...
The Philippine Army (PA) is preparing to mobilize three full infantry divisions to secure the first Bangsamoro parliamentary elections this September. Lt. Gen. Antonio Nafarrete, PA commanding general, expressed confidence in maintaining peace during the polls, citing a significant decline in local...
Colonel Audie Mongao, a Philippine Army (PA) official who posted on social media his supposed withdrawal of support from President Marcos Jr., will face a general court martial (GCM), a senior military official revealed on Monday, Feb. 16. Lt. Gen. Antonio Nafarette, PA commanding general, said he...
Ayala-led Bank of the Philippine Islands (BPI) is planning to increase the frequency of its fund-raising activities, potentially moving toward monthly bond issuances, after a ₱50 billion offering saw demand surge to 10 times the initial target. BPI President and Chief Executive Officer Jose...
Local stock market is poised to trade on expectations surrounding the Bangko Sentral ng Pilipinas’ (BSP) upcoming policy meeting, with investors looking for a pivot toward monetary easing. The Monetary Board’s decision and subsequent guidance will be crucial in determining whether the...
An Australian warship transited the South China Sea near the Kalayaan Island Group (Spratly Islands) and dropped anchor in Subic for a port visit aimed at strengthening maritime ties with the Philippine Navy (PN). The PN, through the Philippine Fleet (PF), is hosting HMAS Toowoomba, an Anzac-class...
The Department of Education (DepEd) is facing criticism after unveiling its proposed trimester system, with a group warning that both educators and students could be treated like “lab rats” amid what critics call hit-or-miss education reforms. In a statement issued on February 14, the Alliance...
On paper, the Philippines has never invested more in higher education: college tuition is free in state universities, enrollment has surged, and thousands of academic programs promise opportunity. But behind this expansion lies a quieter reality—the very agency tasked with ensuring quality is...
The Armed Forces of the Philippines (AFP) has strengthened its military cooperation with the United States and Japan in separate high-level engagements ahead of major military exercises set this year, ranking officials disclosed on Saturday, Feb. 14. The Philippine Army (PA) said it is bolstering...
The Philippine Red Cross (PRC)–Malabon Chapter conducted a Valentine’s Day health caravan that provided free medical services to about 1,500 residents in Barangay Hulong Duhat. The event dubbed “Health is Life,” the caravan was held from 9 a.m. to 3 p.m. in partnership with...