Local stocks climbed for the second consecutive session as a strengthening peso and a narrowing trade gap bolstered investor confidence ahead of key economic growth data. The Philippine Stock Exchange index (PSEi) advanced 48.88 points, or 0.78 percent, to finish at 6,355.78 on Wednesday, Jan. 28....
The number of Chinese vessels operating in the West Philippine Sea (WPS) increased slightly last week as verbal spat between Filipino and Chinese officials continued, spilling tensions in the contested waters into the diplomatic arena. The Armed Forces of the Philippines (AFP) said that 55 Chinese...
Senate Majority Leader Juan Miguel “Migz” Zubiri lauded the Senate’s third reading approval of Senate Bill No. 1513, or the Comprehensive Lupus Prevention Act. Zubiri said that the landmark measure seeks to create a national program for the prevention, monitoring, and treatment of Systemic...
Top diplomats from all Southeast Asian countries will sit down for talks over the South China Sea issue, the political developments in Myanmar, and the Thailand-Cambodia conflict, among other concerns, on Thursday, Jan. 29, as the Philippines is hosting this year 's annual meet for the...
The Senate on Tuesday, Jan. 27, suggested studying the possibility of recommending to the President to declare a Chinese Embassy official persona non grata, following a new social media post undermining Philippine senators. This is amid a Senate resolution signed by several senators condemning...
Equities snapped a multi-day losing streak Tuesday, Jan. 27, as investors swooped in to pick up beaten-down shares following an upgraded growth outlook from the Asian Development Bank (ADB) and resilient export data. The Philippine Stock Exchange index (PSEi) gained 33.03 points, or 0.53 percent,...
Alex Eala’s dream debut on home soil is off to a winning start—and she’s not ready to stop just yet. With another big crowd expected to rally behind her, the Filipina ace eyes a quarterfinal berth at the WTA 125 Philippine Women’s Open at the Rizal Memorial Tennis Center on Wednesday, Jan....
Senator Robinhood Padilla called out a Philippine Coast Guard (PCG) official 's use of caricatures of Chinese President Xi Jinping, stating that disrespect toward a foreign leader invites a similar response. During the plenary session on Monday, Jan. 26, Padilla criticized what he described...
Stocks retreated on Monday, Jan. 26, as investors pared positions ahead of fourth-quarter economic growth data, with the benchmark index slipping below a key psychological support level. The Philippine Stock Exchange index (PSEi) fell 59.39 points, or 0.94 percent, to finish at 6,273.87. The...
RL Commercial REIT Inc. will join the Philippine Stock Exchange index (PSEi), the nation’s 30-company benchmark, replacing Alliance Global Group Inc. as part of a semi-annual reshuffle of the local equity market’s gauges. The Philippine Stock Exchange announced the changes following review of...
Senators have crossed party lines to sign a resolution expressing the sense of the Senate condemning the recent public statements made by the Embassy of the People’s Republic of China that criticized Philippine officials and institutions that defend the country’s national sovereignty and...
The Philippine government has expressed serious concerns regarding the escalation of word war between the Chinese Embassy in Manila and several senators, as well as other government officials who continue to take a firm stand against Beijing over the West Philippine Sea issue. The Department of...
