The local financial markets sent mixed signals to investors as the new year began, with the Philippine Stock Exchange index (PSEi) climbing slightly higher while the peso slipped against the US dollar, setting the stage for a potentially volatile 2025. The peso began the year with a slight...
The country's main gateway, Ninoy Aquino International Airport (NAIA), served 50.1 million passengers in 2024, according to its operator, New NAIA Infrastructure Corp. (NNIC). In a statement on Thursday, Jan. 2, the company said the figure was 10.4 percent higher than the 45 million passengers...
Entering the new trading year 2025, stock market investors are faced with a lot of uncertainties as both risks and positive factors mingle to present a hazy picture in analysts’ crystal balls. For Chinabank Capital Corporation Managing Director Juan Paolo Colet, “Next year [2025] presents a...
For the local capital market, 2024 was a year of unmet expectations as global economic and geopolitical tensions took bourses worldwide, including the Philippines, on a roller-coaster ride. The year began with optimism. The Philippine Stock Exchange was projected to end the year at the 7,000 to...
The Philippine Stock Exchange, Inc. index (PSEi) closed higher year-on-year for the first time since 2019, up by 78.75 points or 1.2 percent to 2024 at 6,528.79 points from its close of 6,450.04 in 2023. In a statement, the PSE said that, year-on-year, the PSE MidCap and PSE DivY indices...
Personally, I dream of a country, where dreams are possible. It’s not such an impossible dream, except that dreams-come-true among us Filipinos remain exceptional, not quite common. What I’d like to see in 2025 is more opportunities for Filipinos to seek a life that makes the most of...
Regulators have given the green light to an alliance between a trio of Philippine energy giants, granting them control over the integrated liquefied natural gas (LNG) project in Batangas province. The Philippine Competition Commission (PCC) announced on Monday. Dec. 23, it approved a joint...
EDITORS DESK What a year it has been for Philippine sports. Truly the best season in history. Carlos Yulo is definitely the star of a splendid 2024 for our national athletes who came and conquered international competitions, with the Filipino sportsmen breaking barriers and smashing records in...
Telecom giant PLDT Inc. disclosed that veteran newscaster Catherine L. Yap-Yang has voluntarily retired as first vice president and head of the company’s corporate communications group. PLDT informed the Philippine Stock Exchange that Yang’s retirement took effect on December 1, 2024 but...
Del Rosario-led PHINMA Corporation is embarking on the simultaneous expansion of its core businesses after successfully raising P1 billion from its stock rights offering on top of a P4.5 billion cash infusion by global investment firm KKR into its education unit. During the listing ceremondy for...
Ramon "Tats" Suzara was elected president of the Asian Volleyball Confederation (AVC) only last September and just over the weekend was named executive vice president (EVP) of the sport’s world body International Volleyball Federation or FIVB. “It’s a great distinction and honor to be named...
Passenger experience at the Ninoy Aquino International Airport (NAIA) is expected to improve by 50 percent in the upcoming Christmas season amid improvements from New NAIA Infrastructure Corp.'s (NNIC) first 60 days since the takeover. In a briefing, Ramon S. Ang, NNIC president and chief...