Rockwell Land Corp., the high-end real estate developer controlled by the Lopez family, plans to raise as much as ₱10 billion through a bond offering to finance capital spending and its acquisition of a majority stake in the Alabang Town Center mall. In a disclosure to the Philippine Stock...
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said that as of Tuesday, January 6, no low-pressure area (LPA) is being monitored for tropical cyclone formation. In an advisory issued at 10 a.m., PAGASA said that “as of 8 a.m. today, no LPAs are being...
The country’s full-year inflation rate in 2025 settled at a nine-year low, even as inflation edged up to 1.8 percent in December from 1.5 percent a month earlier, driven mainly by higher prices of food and non-alcoholic beverages, the Philippine Statistics Authority (PSA) reported. National...
Philippine stocks extended their New Year rally for a second session as investors placed bets on a cooling inflation print and welcomed a retreat in global crude prices. The Philippine Stock Exchange index (PSEi) advanced 29.47 points, or 0.48 percent, to finish at 6,164.53 on Monday, Jan. 5. While...
Bank of the Philippine Islands (BPI) is seeking to raise at least ₱5 billion through the issuance of social bonds to fund projects aimed at community development and economic empowerment. In a disclosure to the Philippine Stock Exchange on Monday, Jan. 5, t he Zobel-led lender said it will offer...
More delistings at the Philippine Stock Exchange are expected this year as low share prices make it challenging to raise capital, thus making it unappealing for public companies to bear the burden of complying with stringent requirements to remain listed at the bourse. Abacus Securities Vice...
The Philippine Stock Exchange index (PSEi) is poised to extend streak of bargain-hunting as investors weigh the prospect of further interest rate cuts against critical economic data due for release this week. Optimism is building around expectations of stronger corporate earnings and pivot in...
The Philippine Embassy in Iraq has launched the Arabic translation project of Noli Me Tangere as part of activities marking 50 years of diplomatic relations between the Philippines and Iraq. In a statement, the embassy said the project was formally introduced during a reception held on Dec. 10,...
The Chinese Embassy in Manila on Saturday, Jan. 3, hit back anew at Senator Kiko Pangilinan’s remark over the West Philippine Sea issue, saying the Philippines has the right to claim its exclusive economic zone (EEZ) as much as China does. In a statement, the embassy acknowledged that the two...
The word war between a Chinese diplomat in Manila and Philippine Coast Guard (PCG) spokesman Jay Tarriela just doesn 't stop. Guo Wei, deputy spokesman for the Chinese Embassy in the Philippines, on Friday night, Jan. 3, engaged in yet another argument with Tarriela on social media, which...
The stock market ended a volatile 2025 in the red, with heavy foreign selling and domestic growth concerns sealing a year-long slide for the nation’s primary benchmarks. The Philippine Stock Exchange Index, the barometer for the nation’s equity value, closed the year with a loss of 7.29...
The Philippine Stock Exchange index (PSEi) made a strong start for the year 2026 on improving confidence over the local economy after the latest manufacturing data pointed to a return to expansion mode. The main index leaped by 82.14, or 1.36 percent, to close at 6,135.06 on Friday, Jan. 2. The...
