The Department of National Defense (DND) will coordinate with the Philippine Coast Guard (PCG) for the planned establishment of a new coast guard station on Balabac Island in Palawan. DND Secretary Gilberto Teodoro Jr. said the area on Balabac Island where they initially planned to put up a...
Now in its 12th year, the Philippine Financial and Inter-Industry Pride (PFIP) held its annual Pride Summit, “Rising Tide,” on June 4, 2025, at the Shangri-La Hotel in Bonifacio Global City, Taguig City. As in previous iterations, this summit was the PFIP’s way of ushering in Pride Month...
Philippine Ambassador to Japan Mylene Garcia-Albano welcomed the approval of the Japan-Philippines Reciprocal Access Agreement (RAA) by Japan’s House of Councillors, the final step in the approval process under the Japanese Diet, the country’s congressional body. President Ferdinand ...
The Philippine Stock Exchange, Inc. (PSE) thanked President Ferdinand R. Marcos Jr. for signing into law R.A. No. 12214 or the Capital Markets Efficiency Promotions Act (CMEPA). “The immediate reduction of the stock transaction tax (STT) to 0.1 percent from 0.6 percent is a much-awaited reform...
The Armed Forces of the Philippines (AFP) and the United States Indo-Pacific Command (Indopacom) sailed together in the West Philippine Sea (WPS) for the seventh time to strengthen their cooperation and interoperability in maintaining regional peace and stability in the heavily contested waters, a...
The total factory output of domestic manufacturers reverted to growth in April despite a slower annual increase in food production. The Philippine Statistics Authority 's (PSA) monthly integrated survey of selected industries (MISSI) report for April 2025, released on Friday, June 6, showed...
The country’s unemployment and underemployment rates marginally increased in April this year, according to data released by the Philippine Statistics Authority (PSA) on Friday, June 6. According to the latest Labor Force Survey, the national unemployment rate increased to 4.1 percent in April, up...
The Philippine Stock Exchange is seeking input from select market players on proposed changes to the criteria for inclusion in the bourse’s benchmark and other indices, but a leak resulted in a plunge in the share price of China Banking Corporation. The proposal sent to some fund managers as well...
The Philippine Stock Exchange index (PSEi) ended the day almost flat despite the announcement of a low inflation rate for May, as this was already expected and priced in by the market. The main index shed 1.77 points or 0.03 percent to close at 6,376.79, although only Banks declined, while the...
The Department of Education (DepEd) on Thursday, June 5, announced a revised Kindergarten cut-off age policy that will allow more Filipino children to begin formal education earlier. Starting School Year (SY) 2025–2026, children who turn five years old on or before October 31 will now be eligible...
The Philippine Chamber of Commerce and Industry (PCCI) is warning lawmakers about the severe ramifications of the lower chamber-approved ₱200 daily minimum wage hike, calling out its impact on the economy and job security. PCCI issued the statement following the House of Representatives’...
Consumer price increases slowed further to 1.3 percent in May from 1.4 percent in April, marking the slowest pace in nearly six years, with the poorest households experiencing no increase in overall prices. According to the Philippine Statistics Authority (PSA), the country’s headline inflation...
