An organization of business groups expressed their support to the country’s soldiers and marines for their service to the nation amid conflict in the West Philippine Sea. In a statement on Friday, June 21, the Philippine Business Groups said it laud the dedication and self-sacrifice of the men...
The local stock market benchmark plunged almost 200 points to its lowest level this year as bearish sentiment prevailed. The main index fell 186.08 points or 2.93 percent to close at 3,158.48 with the Mining sector leading the retreat across the board. Volume rose to 632 million shares worth a...
Senate Deputy Minority Leader Risa Hontiveros on Friday, June 21 condemned the brutal assault of the China Coast Guard against Filipino troops at the West Philippine Sea. Hontiveros said the recent actions of the CCG at Ayungin Shoal must be condemned—repeatedly and...
Tycoon Ramon S. Ang of San Miguel Corp. (SMC) is joining President Marcos’ economic managers in Tokyo to showcase investment opportunities in the Philippines. Having recently delegated day-to-day management of the country’s most diversified conglomerate to his eldest son, Ang will take part in...
The PSEi is still on a losing streak, declining as the market suffers from a lack of fresh leads. The main index lost 21.47 percent or 0.34 percent to close at 6,344.56 as Banks and Services led the retreat. Volume was still below average at 328 million shares worth P3.94 billion as gainers...
(Top photo, left) General Yoshihide Yoshida, Chief of Joint Staff of the Japan Self-Defense Forces (JSDF) meets General Romeo Brawner Jr., Chief of Staff of the Armed Forces of the Philippines (AFP), via video teleconference on June 20, 2024 to discuss China Coast Guard’s (CCG) aggression during...
The Philippines has commended the United Nations Security Council for crafting a resolution that underscores the urgent need to address the escalating crisis in Gaza. In a statement on Thursday, June 20, the Department of Foreign Affairs (DFA) said the resolution reaffirms the international...
Owa Retamar is hoping for consistency as the national team builds its lineup heading into the country’s historic hosting of the 2025 FIVB Men's World Championship. Owa Retamar (UAAP Media) With the solo hosting gig came an outright berth for the Philippines to participate in the...
Senators on Thursday, June 20 called for a deescalation of tensions at the West Philippine Sea as they express alarm over the increasing aggressiveness of the Chinese Coast Guard (CCG) in the country’s maritime territory. Senate President Francis “Chiz” Escudero said he will be calling...
The surprise robust growth in merchandise exports and imports at the start of the second quarter augured well for rosier Philippine economic prospects, according to Deutsche Bank Research. In a recent report, the German bank's research arm noted that the 26.4 percent year-on-year climb in April...
While absorbing their first PBA Philippine Cup Finals loss together surely stings, the remnants of the famed San Miguel Death Five June Mar Fajardo, Marcio Lassiter and Chris Ross held their heads high and tipped their hats off to the champions Meralco Bolts. Pegged as the heavy favorites in the...
Approved building permits rose 12.8 percent in April from a year ago as more residential and non-residential projects were started. A report from the Philippine Statistics Authority (PSA) showed that construction starts, measured by building permit approvals, totaled 13,332 during the month, an...