All gambling-related advertisements have now been added to the list of items or categories subject to mandatory screening under the new agreement between the Philippine Amusement and Gaming Corporation (Pagcor) and the Ad Standards Council (ASC). Signed on Wednesday, July 16, the memorandum of...
Zobel-led Bank of the Philippine Islands (BPI) posted a 7.8 percent improvement in net income to ₱33 billion for the first half of 2025 from the ₱30.6 billion earned in the same period last year on strong growth in net interest income. In a disclosure to the Philippine Stock Exchange, the bank...
D&L Industries Inc., the country’s top specialty food ingredients and oleochemicals producer, has maintained the top Issue Credit Rating of PRS Aaa with a Stable Outlook for its ₱2 billion outstanding Fixed Rate Bonds assigned by Philippine Rating Services Corporation (PhilRatings). Obligations...
The Philippine peso depreciated further to its weakest in nearly one month, after slipping back to the ₱57 level against the United States (US) dollar on Friday last week due the higher US inflation. The local currency dropped to the ₱57:$1 level on Wednesday, July 17, closing at ₱57.085 from...
Ports operator Asian Terminals Inc. (ATI) and Dubai-based logistics company DP World joined forces in investing ₱120 million to roll out the Philippines’ first complete fleet of electric internal transfer vehicles (eITVs). ATI and DP World recently unveiled a fleet of 15 eITVs and their...
BACOLOD CITY – The municipal government of Moises Padilla in Negros Occidental has raised concerns with Gov. Eugenio Jose Lacson regarding the possible eviction of the Central Philippine State University (CPSU) campus in the town, after the landowner expressed plans to reclaim the two-hectare...
The Philippine Stock Exchange index (PSEi) plunged following news of a higher United States (US) inflation rate for June. The main index fell by 121.99 points, or 1.89 percent, to close at 6,337.48 on Wednesday, July 16. Miners and conglomerates led the retreat of all sectors. Volume excluding...
The government-ordered revamp of Philippine Health Insurance Corp. (PhilHealth), which aims to address inefficiencies and operational challenges within the state health insurer, will last up to three years before services see substantial improvements. Last month, the Governance Commission for...
The Philippine Army (PA) and Indonesian Army kicked off Wednesday, July 16, a bilateral training exercise aimed at enhancing both nations’ territorial defense. The Training Activity (TA) “Dolphine” XVII-2025 focuses on four critical special operations capabilities namely urban warfare,...
Philippine Higher Education Institutions (HEIs) are emerging as global frontrunners, with the Commission on Higher Education (CHED) proudly unveiling the universities from their respective areas that have earned spots in the esteemed 2025 World University Rankings for Innovation (WURI). On their...
In a determined move to future-proof Philippine education, the Department of Education (DepEd) on Tuesday, July 15, said it is fast-tracking reforms and digital innovations aligned with President Marcos’ development agenda. DepEd, in a statement, reaffirmed its commitment to building a...
The Philippine Stock Exchange index (PSEi) reversed Monday’s gains, closing down 65.57 points, or 1.0 percent, on Tuesday, July 15, at 6,459.47. Renewed concerns over US tariffs and a weaker peso weighed on the main index, with conglomerates leading a broad retreat. Volume was lighter at 1.65...
