The PSEi climbed back to the 6,300 level on mild bargain hunting spurred by gains in United States (US) bourses. The main index added 8.17 points, or 0.13 percent, to close at 6,303.72. Sectoral indices were evenly split. Volume rose to 1.66 billion shares worth ₱8.43 billion, as losers...
The Philippine Economic Zone Authority (PEZA) has named Tokyo-based Mizuho Bank as the country’s latest investment promotion partner, a move to seen to boost Japanese investments into the country. PEZA Director General Tereso Panga said he has formalized this partnership through the signing of a...
Senator Francis “Kiko” Pangilinan has renewed his push against entrenched family rule in politics as he filed a bill seeking to prohibit political dynasties in the country. Pangilinan pointed out the issue on political dynasty has long been enshrined in the Constitution but never translated...
The Armed Forces of the Philippines (AFP) called out retired military officials who were allegedly echoing “defeatist” narratives related to the territorial dispute between the Philippines and China in the West Philippine Sea (WPS). Rear Admiral Roy Vincent Trinidad, AFP spokesperson for WPS,...
By ANGELO CAPARAS San Miguel head coach Leo Austria made it clear that the team should move on from the controversial Game 1 and instead focus on the task ahead against a determined and Grand Slam-seeking TNT side. The players responded well and took it to their hearts in Game 2, with the Beermen...
LEGAZPI CITY – Nearly 100 passengers were stranded in three ports in the Bicol region due to tropical storm “Crising,” the Philippine Coast Guard (PCG) said on Friday. PCG-5 (Bicol) commander Commodore Ivan Roldan said 64 passengers and 21 roll-on, roll-off (RoRo) ships were stranded at the...
Senator Jinggoy Ejercito Estrada on Friday, July 18 once again slammed China’s continued harassment of Philippine maritime personnel and vessels traversing the West Philippine Sea. Estrada made the remarks following reports of the China Coast Guard’s tailing and obstruction of the BRP Teresa...
Market sentiment is showing certain signs of improvement, an emerging consensus among the biggest players. Amidst growing geopolitical tensions, the outlook remains positive, with the domestic bourse gradually becoming “more conducive” to initial public offerings (IPOs). Mobile wallet service...
After receiving zero subsidies this year, the Philippine Health Insurance Corporation (PhillHealth) will be getting ₱53.3 billion in government support next year, according to President Ferdinand Marcos Jr.’s chief economic manager. Department of Finance (DOF) Secretary Ralph G. Recto told...
The Philippine Stock Exchange index (PSEi) continued to weaken on Thursday, July 17, as investors worried about US President Donald Trump’s proposed tariffs and reports of his plan to change leadership at the US Federal Reserve. The main index lost 41.93 points, or 0.66 percent, to close at...
Paterno-led Philippine Seven Corp. (PSC), the master franchisee for the 7-Eleven convenience store chain in the Philippines, is targeting to have a total of 5,000 branches in operation in 2026 from the 4,130 stores opened as of the end of 2024. In a press briefing after the firm’s annual...
The saying “age does not matter” also applies to saving lives, as even young students can be trained to respond to cardiac emergencies through cardiopulmonary resuscitation (CPR), a lifesaving skill that can be used anytime, anywhere, on anyone. This is what the Philippine Heart Association...