The output of fish products declined by 6.2 percent to 1.02 million metric tons during the second quarter of the year from 1.08 metric tons last year, based on data from the Philippine Statistics Authority (PSA). “Decrease in production was noted from marine municipal fisheries, inland municipal...
The local stock market rose further as investors digested a slew of corporate earnings reports while waiting for the Monetary Board’s policy meeting on Thursday. The main index rose by 54.52 percent or 0.82 percent to close at 6,704.96 as the Property sector led the advance across the board....
The approval of a new cabinet cluster for education has sparked a range of reactions. Some view the change favorably, while others have voiced concerns about its intended purpose. First day of classes at Vicente Hizon Sr. Elementary School in Davao City on Monday, July 29, 2024. (KEITH BACONGCO /...
The Philippine National Police (PNP) has created a thorough review of the past campaigns against illegal drugs in a bid to come up with a clear guideline on how the recalibrated drug war would be carried out. PNP chief Gen. Rommel Francisco Marbil said the comprehensive review includes those...
The Commission on Audit (COA) has denied the petition of former Philippine Southeast Asian Games Organizing Committee (PHILSOC) President Jose "Peping" S. Cojuangco Jr. who sought relief from the notice of disallowance (ND) over the P27.2 million used for the 2005 Southeast Asian (SEA) Games....
The Philippine Competition Commission has cleared the Consunji Group’s planned acquisition of a controlling stake in Cemex Holdings Philippines Inc. (CHP). In a disclosure to the Philippine Stock Exchange, the group said DMCI Holdings Inc., Dacon Corporation, and Semirara Mining and Power...
The PSEi recovered the previous day’s losses as investors anticipate a good result from the Monetary Board’s upcoming policy meeting. The main index rose by 37.08 points or 0.56 percent to close at 6,650.44 as the interest rate-sensitive Property sector led the advance while Banks and Miners...
The Philippine government has protested China's firing of flares in the path of a Philippine Air Force (PAF) patrol plane over the West Philippine Sea. Ma. Teresita Daza, Department of Foreign Affairs (DFA) spokesperson, confirmed the government's move, while the Chinese Embassy in Manila on...
Vice President Sara Duterte (Facebook) Ranking congressmen have noted Vice President Sara Duterte's "defeaning silence" amid the latest act of Chinese aggression in the West Philippine Sea (WPS). This, as Assistant Majority Leaders Paolo...
House Speaker Martin Romualdez (Speaker’s office) House Speaker Martin Romualdez said that the reported endangerment by two Chinese fighter jets of a Philippine Air Force (PAF) plane conducting routine patrol over Bajo de Masinloc "does not...
Philippine Red Cross (PRC) Chairman and Chief Executive Officer Richard Gordon underscored the importance of “upholding humanity in conflict” during the observance of International Humanitarian Law Day (IHL) on Monday, Aug. 12. Defense Secretary Gilberto Teodoro Jr., Philippine Red Cross...
The local stock market declined as investors took profits while waiting for major market moving news from overseas and the domestic front. The main index dropped 34.44 points or 0.52 percent to close at 6,613.36 as the Mining and Oil counter led the retreat while the Services sector managed to buck...
