The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Sunday, March 22, said the easterlies will continue to affect the entire country, bringing generally warm and humid conditions along with isolated rain showers and thunderstorms. Based on its latest weather...
Senator Risa Hontiveros is pushing for the passage of a measure that seeks to institutionalize healthcare proxies, allowing Filipinos to designate a trusted person to make medical decisions on their behalf in case of incapacity. Hontiveros, who chairs the Senate Committee on Health, said that many...
The Philippine Coast Guard (PCG) on Saturday, March 21, condemned the dangerous provocation by Chinese forces after flares were fired near one of its aircraft over Panganiban (Mischief) Reef, a militarized atoll in the West Philippine Sea (WPS). Rear Adm. Jay Tarriela said the incident happened...
A Chinese naval vessel pointed its fire control radar at a Philippine Navy (PN) frigate during a patrol near Sabina Shoal in what the Armed Forces of the Philippines (AFP) described as a “provocative” act that raised the risk of confrontation at sea. In a statement Friday, March 20, the AFP...
The Philippine Coast Guard (PCG) is not part of any discussions regarding a potential maritime cooperation agreement with China, including rumored plans for joint patrols in contested waters, a ranking official said. “As far as the PCG is concerned, based on my last conversation with the...
Local stocks retreated as the peso plummeted to a record low, breaching the psychologically significant 60-per-dollar level, while investors trimmed positions ahead of a long weekend amid escalating geopolitical tensions. The Philippine Stock Exchange index (PSEi) slipped 36.84 points, or 0.6...
Affordable housing developer Haus Talk Inc. (HTI) has raised ₱1.8 billion from its fixed-rate bond issuance, upsized from its base offer of ₱1 billion, although its oversubscription option of another ₱1 billion was not fully taken up. Following this, the firm listed the bonds at Philippine...
President Marcos has encouraged members of the Philippine Army to deepen and uphold public trust by exemplifying integrity and professionalism in the conduct of their duties every day. Speaking during the 129th founding anniversary of the Philippine Army on Thursday, March 19, Marcos reminded...
The Philippine Stock Exchange (PSE) is standing by its ₱170 billion capital-raising target for the year, betting that a de-escalation of Middle East hostilities will allow the recovery in investor sentiment after a volatile start to the year. The local bourse entered the year on a strong...
Adequate funding is needed to acquire a “minimum impact” fleet of multi-role fighter jets (MRF) under the Armed Forces of the Philippines ' (AFP) modernization program, the Department of National Defense (DND) said. And if there is not enough budget, DND Secretary Gilberto Teodoro Jr. said...
Rockwell Land Corp., the Lopez Group’s upscale property developer, has successfully raised ₱10 billion from the first tranche of its ₱20-billion bonds under the shelf-registered program of the Securities and Exchange Commission (SEC). In a disclosure to the Philippine Stock Exchange (PSE) on...
The Philippine Navy (PN) and port operator Globalport Terminals Inc. (GTI), which has major facilities in the Visayas and Mindanao, have signed a memorandum of agreement (MOA) which seeks to establish an "affiliated reserve unit" within the company. The Navy said the MOA was signed by PN chief Vice...
