The Philippine Army (PA) said Tuesday, Nov. 11, that it has focused its full strength on humanitarian and disaster response (HADR) operations in the aftermath of Super Typhoon “Uwan” after the suspension of the Armed Forces of the Philippines Joint Exercise (AJEX) “DAGIT-PA.” As of Nov. 10,...
Antitrust watchdog Philippine Competition Commission (PCC) has approved the ₱146-million acquisition by Robinsons Retail Holdings Inc. (RRHI) of Premiumbikes Corp., a motorcycle retailer in the Philippines owned by Lance Gokongwei. In a resolution dated Nov. 6, 2025, PCC cleared RRHI’s planned...
The Philippine Stock Exchange Index (PSEi) continued its decline following last week’s slower economic growth data, coupled with concerns over the impact of the recent twin super typhoons. The main index shed 56.73 points, or 0.99 percent, to close at 5,702.64 on Monday. Nov. 10. The Services and...
The Securities and Exchange Commission (SEC) has formed a technical working group with the Philippine Stock Exchange (PSE) to speed up the drafting of new policies that will help in developing the capital market, such as the expansion of the minimum public ownership rule for listed companies. In an...
Cautious trading is expected in the local stock market this week as investors continue to weigh the impact of the lower-than-expected economic growth pace announced last week, though foreign direct investments and corporate earnings reports could spur bouts of bargain hunting. “For next week, the...
Typhoon Uwan (international name: Fung-wong) has intensified further as it continues to move closer to the Bicol region, prompting the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) to raise Tropical Cyclone Wind Signal (TCWS) No. 4 over Catanduanes late...
The Philippine Red Cross (PRC) on Saturday, November 8, said it has intensified its disaster preparedness measures nationwide as Typhoon Uwan (international name: Fung-wong) approaches the country, even as its teams continue relief and recovery operations for communities affected by Typhoon Tino...
The Philippines and China exchanged sharp words anew over joint military exercises in the West Philippine Sea (WPS) as both sides accused the other of provocation and destabilizing the region. The Department of National Defense (DND) on Saturday, Nov. 8, criticized China’s Ministry of National...
President Marcos has praised the Philippine Marines for their bravery and steadfast service to the nation, assuring them of full government support to strengthen their capabilities and welfare. Speaking at the 75th founding anniversary celebration of the Philippine Marine Corps in Parañaque City,...
Maynilad Water Services Inc.’s initial public offering (IPO) failed to buoy the market as the Philippine Stock Exchange index (PSEi) plunged to its lowest level in almost five years on Friday, Nov. 7, after the economy grew at a slower-than-expected pace. The benchmark index fell by 76.22 points,...
Business groups have called on the Marcos administration to hold public officials involved in the flood control scandal accountable, as economic growth slows to a four-year low amid weakening business sentiment. In separate statements, the Makati Business Club (MBC) and the Federation of Philippine...
Philippine Savings Bank (PSBank), the thrift banking arm of the Metrobank Group, reported a 29-percent drop in net income to ₱2.85 billion in the first nine months of 2025 from ₱4 billion in the same period last year. The bank did not disclosure the reason for the drop in earnings nor did it...
