The Lucio Tan (LT) Group’s Philippine National Bank (PNB) reported a 22-percent growth in consolidated net income to ₱12.5 billion for the first half of 2025, on the back of sustained improvements in core revenues consisting of net interest income and net service fees and commissions. In a...
Investors are closely watching President Marcos ' State of the Nation Address (SONA) and second-quarter earnings reports, while concerns about United States (US) tariffs and recent typhoon damage weigh on sentiment. “The local market made a comeback last week, regaining its ground above the...
Seven alleged New People’s Army (NPA) fighters died during an armed encounter with the military in Uson, Masbate on Sunday morning, July 27. The Philippine Army’s 9th Infantry Division (9ID) said troops from the 2nd Infantry Battalion engaged armed men believed to be members of the Komiteng...
The Philippine Economic Zone Authority (PEZA) began the second half of the year on a high note, with investment approvals surging by 100 percent by the end of July, amid growing confidence in the country as an investment hub. In a statement, PEZA said it has approved ₱90.96 billion worth of...
A year into its education reform agenda, the Department of Education (DepEd) has unveiled major accomplishments across early childhood care, teacher welfare, curriculum reform, infrastructure development, and digital innovation. These changes, outlined in a DepEd release on Saturday, July 26, align...
The Philippine Stock Exchange index (PSEi) continued its decline as investors engaged in profit-taking while anticipating news on the benchmark index 's recomposition and the President’s State of the Nation Address (SONA). “The PSEi declined, primarily driven by profit-taking from...
After experiencing a three-day appreciation streak against the United States (US) dollar, the Philippine peso weakened again by shedding almost half-a-peso on Friday, July 25, despite the fresh market optimism over the latest trade deal with the US. According to the Bankers Association of the...
Filinvest Development Corporation (FDC) has been assigned the highest Issuer Credit Rating of PRS Aaa (corp..), with a Stable Outlook by Philippine Rating Services Corporation (PhilRatings) in relation to its planned ₱8.0 billion preferred share offering. The ratings agency stated that an Issuer...
The Philippine Chamber of Commerce and Industry (PCCI) said the minimal cut in tariffs imposed by the United States (US) on the Philippines should prompt the government to address other trade barriers, ensuring the resiliency of local industries amid headwinds. The PCCI said the US’ move to...
(UPDATED) A total of 25 people died due to the combined effects of tropical cyclones “Crising”, “Dante”, “Emong”, and the southwest monsoon (habagat) which have been felt only since last week as a transport aircraft from the United States is arriving in the country to assist in the...
Philippine Rating Services Corp. (PhilRatings) stated that it is closely monitoring developments within the Del Monte Group to determine if the recent filing for Chapter 11 Bankruptcy of the US unit will impact the ability of Del Monte Philippines, Inc. (DMPI) to pay its outstanding bonds. On July...
On July 11, 2025, the State of the Philippine Environment Forum brought together students, advocates, diplomats, and members of the media at the University of the Philippines College of Engineering Theater. The forum unpacked the realities facing our ecosystems—from our forests and watersheds to...
