Local stocks snapped their four-day winning streak as weakening currency prompted investors to lock in recent profits, pulling the benchmark index back from near-overbought levels. The Philippine Stock Exchange index (PSEi) fell 81.92 points, or 1.28 percent, to close at 6,333.80 on Tuesday, July...
Frequent rainfall reduces the labor productivity and income of day-to-day and short-term workers, according to state-run policy think tank Philippine Institute for Development Studies (PIDS). In a statement on Tuesday, July 21, PIDS said its recent discussion paper “When Rain Falls, Work Slows:...
A ₱5,000 cash relief assistance (CRA) distributed by the government to help drivers cope with the fuel price shock has largely succeeded in keeping transport workers on the road, but almost two-thirds of beneficiaries said the amount was insufficient to cover their operating costs, according to...
Award-winning animated documentary "58th" will finally have its Philippine premiere at the 2026 Cinemalaya Philippine Independent Film Festival following a successful run in international film festivals. Directed by Carl Joseph Papa, the film is scheduled to screen on Aug. 13 at 8:30 p.m. at the...
The chairman of the House Committee on Public Works and Highways is prodding President Marcos to announce in his fifth State of the Nation Address (SONA) the inclusion of the New Philippine Building Act (PBA) in his list of priority measures. “We appeal to His Excellency to certify as urgent the...
The Philippine Stock Exchange (PSE) is proposing a phased increase in the minimum capital required for stockbrokers and dealers to ₱100 million to hedge against rising transaction sizes, inflation, and systemic risks. The exchange issued a memorandum requesting public feedback through July 31,...
President Marcos condemned the Chinese Coast Guard (CCG) assault of a Philippine Navy serviceman in Ayungin Shoal on Monday, July 20, Malacañang said Tuesday. "Kinukondena po niya, kinukondena po ng Pangulo ang mga ganitong klaseng pangyayari (He is condemning it, the President is condemning this...
The Philippine Stock Exchange (PSE) is executing its biggest overhaul of index rules in more than a decade, cutting the public float requirement for giant companies and tightening liquidity tests to make its benchmarks more reflective of market activity. The exchange said it is revising its PSE...
Members of the House Young Guns bloc were in arms over the over the "violent assault" perpetrated by the China Coast Guard (CCG) personnel on a Philippine Navy sailor near the BRP Sierra Madre in Ayungin Shoal in the West Philippine Sea (WPS). “Tinitindigan namin ang karahasan na ito! Hindi ito...
Fresh details have emerged regarding the violent maritime clash between Philippine Navy (PN) sailors guarding the grounded BRP Sierra Madre in Ayungin (Second Thomas) Shoal and China Coast Guard (CCG) personnel as military and coast guard officials unraveled how a routine patrol devolved into a...
The Philippine National Police (PNP) is investigating whether the suspects in the killing of vlogger Alicia Lipata, known online as “Mima Alicia,” are connected to a crime syndicate. PNP chief Gen. Jose Melencio Nartatez Jr. said hot pursuit operations are ongoing as investigators gather...
President Ferdinand Marcos Jr. has appointed Philippine Army Commanding General Lt. Gen. Antonio G. Nafarrete as the next Chief of Staff of the Armed Forces of the Philippines (AFP), ushering in new military leadership as General Romeo S. Brawner Jr. retired and completed his three-year fixed term...
