The Social Weather Stations (SWS) has released the results of its December 2024 national survey, sponsored by Stratbase Consultancy, which gauged public trust in Ferdinand Marcos Jr. and Sara Duterte. Conducted from December 12 to 18, the survey highlights trends…
The Philippine Stock Exchange index (PSEi) opened the year on a positive trajectory, closing at 6,550.39 on Tuesday, up 21.60 points or 0.33%. Market activity saw mixed movements as advances (94) narrowly trailed declines (97), while 47 stocks remained unchanged.…
A national survey conducted by Social Weather Stations (SWS) found that 90% of Filipinos are entering the New Year with hope, though this represents a 6-point decline from last year’s 96%. The figure is the lowest since 2009, when hope…
President Ferdinand R. Marcos Jr. signed the P6.326 trillion national budget for 2025 into law on Monday, Dec. 30, with the education sector receiving the largest share of P1.05 trillion. Other major allocations include P1.007 trillion for the Department of…
The Philippine Stock Exchange Inc. (PSE) is strengthening its foothold in the country’s fixed-income market with a deal to acquire a majority stake in the Philippine Dealing System Holdings Corporation (PDS). In a statement, the stock market operator announced it…
Former president Rodrigo Duterte appealed to his Davao City supporters to stay loyal to the Duterte family, emphasizing that their leadership had always prioritized the community’s best interests. Speaking to a large crowd at the “Pahalipay sa Pasko” gift-giving event…
Counterfeiting remains a significant concern in the country, with the Philippine peso ranking as the sixth most counterfeited currency worldwide. A study by BestBrokers, a market information provider, found that over 59,000 fake Philippine peso bills were seized as of…
The Philippine Stock Exchange index (PSEi) broke its seven-day losing streak on Friday, edging up 0.17% or 10.78 points to close at 6,406.38 as investors hunted for bargains. Despite the modest recovery, the benchmark PSEi ended the week in negative…
The Commission on Audit (COA) has called on the Municipal Government of Glan in Sarangani province to justify its P15.8 million procurement of vehicles in 2023, citing the lack of required approval from the Department of the Interior and Local…
The Bangko Sentral ng Pilipinas (BSP) is rolling out the First Philippine Polymer Banknote Series, introducing new P50, P100, P500, and P1,000 bills starting January 2025. These polymer notes, which already include the P1,000 bill released in April 2022, feature…
