On Feb. 28, 2026, the United States (US) and Israel launched a surprise attack on multiple cities across Iran. Within days, oil prices surged from around $70 a barrel to well over $100. Like many others, I was stunned to see diesel prices at the gas station spike above ₱100 per liter—and...
Flag carrier Philippine Airlines (PAL) propelled its net income to over ₱10 billion in 2025, driven by strong passenger demand, offsetting a challenging year marked by higher expenses. In a public disclosure, PAL Holdings Inc. reported that PAL’s net income reached ₱10.07 billion last year,...
The Philippine Stock Exchange index (PSEi) surged on Tuesday, March 31, as investors pounced on undervalued stocks following signs of easing geopolitical tensions in the Middle East and fortification of the nation’s fuel reserves. The benchmark PSEi jumped 79.45 points, or 1.35 percent, to finish...
Philippine Rating Services Corp. (PhilRatings) is maintaining its top-tier credit rating for Vista Land & Lifescapes Inc., moving to distance the homebuilder from a criminal complaint filed by regulators against a separate entity within billionaire Manuel Villar Jr.’s business empire. The local...
As School Year (SY) 2025–2026 officially closed on Tuesday, March 31, the Department of Education (DepEd) paid tribute to Filipino teachers nationwide—highlighting student achievements and reaffirming its commitment to improving educational quality and inclusivity. In a statement, DepEd...
Malacañang said the ongoing conflict in the Middle East has contributed to the Philippine peso’s decline to a record low. Although Palace Press Officer and Communications Undersecretary Claire Castro did not entirely attribute the weakening of peso against US dollar to the ongoing war, she said...
The Philippine Stock Exchange (PSE) is getting smaller. In just three years, a “Great Exit” of major companies, from Metro Pacific Investments Corp. (MPIC) to Eagle Cement Corp., has pulled more than ₱580 billion out of the public market. This exodus is moving faster than the exchange can...
The BingoPlus Philippine Open returns for a second edition as it tees off at the Manila Southwoods Golf & Country Club from Nov. 12 to 15. Its inclusion in The International Series’ 2026 calendar ushers in a new era for Asia’s oldest national open, which looks to build on the success of last...
Lt. Gen. Antonio Nafarrete, commanding general of the Philippine Army (PA), paid tribute to Capt. Dean Buen Oyando, the soldier killed in an armed encounter with New People 's Army (NPA) rebels in San Jose, Occidental Mindoro over the weekend. Nafarette visited the wake of the 25-year-old...
Let us now examine the record of the Benigno Aquino III Administration (2011 to 2016) in fiscal management. This administration anchored its economic agenda on inclusive growth driven by good governance and anti-corruption reforms. The central premise was that restoring credibility in public...
The Bureau of Internal Revenue (BIR) has authorized Philippine National Oil Co.-Exploration Corp. (PNOC-EC) to bypass standard customs delays for emergency fuel shipments to stabilize the nation’s energy supply amid worsening domestic crunch. In a statement on Monday, March 30, BIR Commissioner...
The Bangko Sentral ng Pilipinas (BSP) is facing mounting pressure to abandon its steady policy stance as domestic and foreign lenders warn that persistent supply shocks are beginning to seep into the broader economy. A growing chorus of economists expects the BSP to raise its benchmark interest...
