Local equities stayed largely subdued in the first half of the year, yet a handful of corporate restructuring plays and tycoon-backed ventures triggered rallies for select companies. While the Philippine Stock Exchange Index (PSEi) ticked lower by 15.75 points, or 0.26 percent, to close out the...
A progressive group has rejected the move of the Office of the Ombudsman (OMB) to make former Department of Public Works and Highways (DPWH) Secretary Manuel Bonoan a state witness in flood-control cases involving high-ranking government officials, saying it is unacceptable for Bonoan to get off...
Casino operator Hann Philippines Inc. (HPI) has secured government incentives for its flagship Hann Reserve project, backed by an initial investment of at least ₱10 billion, according to the Philippine Economic Zone Authority (PEZA). In a statement on Wednesday, July 1, PEZA said it signed a...
Local equities snapped a streak of losses, joining the broader regional rally as diplomatic efforts to ease Middle East tensions soothed investor anxiety and drove oil prices down. The Philippine Stock Exchange index (PSEi) advanced 32.09 points, or 0.53 percent, to close at 6,069.26. Despite the...
The Philippine Chamber of Commerce and Industry (PCCI) warned that the newly mandated ₱85 daily minimum wage hike could exacerbate inflation and force businesses to accelerate automation, calling for government intervention to lower the cost of living instead of relying solely on wage...
A bird that can soar above the forest canopy and dominate the skies is fighting for survival on the ground. The Philippine eagle, the country 's national bird and one of the world 's rarest raptors, remains critically endangered, threatened by habitat loss, deforestation, and other human...
Music Travel Love wrapped up its three-city Philippine tour with a sold-out show at the New Frontier Theater on June 28, capping off a weekend that felt less like a nostalgia trip and more like proof that some songs simply refuse to age. The crowd wasn 't there to chase the next viral hit....
President Marcos has ordered the Philippine Air Force (PAF) to place the safety of its personnel above all else, stressing that every aircraft carries men and women serving the nation. Speaking during the 79th founding anniversary celebration of the PAF at Villamor Air Base, Marcos reiterated his...
The Philippine Air Force (PAF) will acquire new aircraft and build strategic air bases in the northern and western frontiers to further expand its operational reach in preparation for a more complex security environment. Speaking before President Ferdinand Marcos Jr. at Colonel Jesus Villamor Air...
Local stocks retreated on the final trading day of the first half as investors locked in gains from a three-day rally, driven by mounting concerns over local inflation and shifting geopolitical dynamics. The Philippine Stock Exchange index (PSEi) dropped 1.6 percent—or 96.24 points—to close at...
The Philippine Competition Commission (PCC) is looking to exempt certain public-private partnership (PPP) projects from compulsory notification requirements to accelerate the development of key projects in disadvantaged areas. In a statement, the PCC said it held focus group discussions (FGDs) on...
Vice President Sara Duterte on Tuesday, June 30, said the people who gathered along EDSA reflected what she described as growing public discontent with the administration of President Ferdinand Marcos Jr. as she renewed her criticism of the government 's leadership and handling of the country...
