The Philippine Stock Exchange index (PSEi) continued its slide, dropping 48.98 points or 0.83 percent to close at 5,818.06 on Wednesday, Nov. 5, driven by persistent investor anxiety that the third-quarter economic growth will fall short of the government’s target. The main index’s retreat...
(UPDATED) They took off in the middle of a storm, not for combat but for compassion. Their mission was to assess the damage left by Typhoon “Tino” and determine what help was needed most. It was supposed to be a routine Rapid Damage Assessment and Needs Analysis (RDANA) flight but it ended in...
Flag carrier Philippine Airlines (PAL) is strengthening its presence in the United States (US) through an interline agreement with Dallas-based low-cost carrier Southwest Airlines Co., providing a more seamless linkage for travelers across the Pacific. Southwest announced on Wednesday, Nov. 5, that...
The Philippine Stock Exchange index (PSEi) rallied on bargain hunting following Monday’s steep selloff, with a stronger peso and improved manufacturing data buoying investor sentiment. The main index rose 38.98 points, or 0.67 percent, to close at 5,867.04 on Tuesday, Nov. 4. Sectoral indices,...
The Philippine Red Cross (PRC) on Tuesday, November 4, said it continues to provide life-saving humanitarian assistance to families and communities affected by Typhoon Tino (international name: Kalmaegi) — reaching thousands of people across several provinces as part of its nationwide emergency...
Armed Forces of the Philippines (AFP) Chief of Staff, General Romeo Brawner Jr. underscored the need for the military to be capable of defending the country on its own in the opening stages of any potential conflict even as the nation continues to modernize and strengthen defense cooperation with...
DAVAO CITY – The Philippine Eagle Foundation has stepped up its biosecurity measures at the Philippine Eagle Center here following the reported outbreak of avian influenza or bird flu in M’lang, Cotabato province two weeks ago. The PEF, in a public advisory through its Facebook page, advised...
President Marcos has ordered the creation of the National Sports Tourism Interagency Committee to harmonize and oversee all government initiatives to develop and sustain sports tourism. Marcos made the directive through Administrative Order No. 38, which stressed the need to create an inter-agency...
DMCI Mining is only one of the Philippine conglomerates that are bullish about mining in Palawan, despite the negative perceptions of some stakeholders in the Province about the industry. It plans to begin operations at the Long Point nickel mine in Palawan within 2025, through Berong Nickel Corp,...
The Philippine Economic Zone Authority (PEZA) expects to attract new investments from South Korean manufacturing and technology companies that have expressed interest in establishing operations within the country’s extensive network of ecozones. The PEZA, together with the Office of the Special...
The Philippine Red Cross (PRC) on Monday, November 3, announced that it has placed all its Cebu chapters on full alert as Typhoon Tino (international name: Kalmaegi) moves westward and is expected to affect parts of the Visayas region in the coming days. Following the directive of PRC Chairman...
The Philippine Stock Exchange index (PSEi) crashed to its lowest level in three years, wiping out gains amid a market-wide panic triggered by persistent inflation fears and weaker-than-expected economic performance. The main index fell by 101.62 points, or 1.71 percent, closing the session at...
