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. Total market value stood at P3.2 billion, reflecting a moderate trading session. Foreign investors posted […]

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 stood at 89%. On the other hand, 10% of adults reported entering 2025 with fear, […]

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 Public Works and Highways (DPWH), P315.1 billion for the Department of National Defense (DND), P279.1 […]

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 signed an agreement on December 26, 2024, to purchase an additional 61.92% of PDS, increasing […]

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 at his family’s ancestral home on Christmas Day, Duterte said in Bisaya, “Don’t abandon the […]

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 June 2021. With an estimated P4.3 billion in circulation in 2023, that translates to 14 […]

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 territory, shedding 3.18%. The All Shares index also declined, finishing the week at 3,675.83 points, […]

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 Government (DILG). In its 2023 audit report, COA classified the purchases as “irregular expenditures” due […]

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 advanced anti-counterfeiting technology, making them a smarter, cleaner, and stronger alternative to traditional paper money. […]

With Christmas and New Year approaching, environmental group BAN Toxics kicked off its annual campaign in Barangay Payatas, Quezon City to prevent fireworks-related injuries and promote eco-friendly celebrations. Around 2,000 people, including students, teachers, local residents, officials, and representatives from the Philippine National Police (PNP) and Bureau of Fire Protection (BFP), rallied under the theme […]