
That sinking feeling
The PSEI dropped another 2.5 percent on the same day of the reported accusation to end at 5,584, its lowest level in five years.
· 3 min read
Topic

The PSEI dropped another 2.5 percent on the same day of the reported accusation to end at 5,584, its lowest level in five years.
· 3 min read

The Philippine peso fell to P59.17 against the dollar as market confidence declined due to corruption worries, marking a new record low.
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Online gambling diverts household spending away from essential goods such as food, utilities, transportation and education.
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Resilient remittance flows from overseas Filipinos, which fuel domestic consumption, will continue to underpin consumer-centric industries.
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The onslaught of extreme weather is set to continue, with Typhoon ‘Kalmaegi’ forecast to make landfall in the early hours of Friday morning, according to the…
· 1 min read

The Department of Social Welfare and Development (DSWD) has extended over P1.9 million worth of relief assistance to families affected by Typhoon ‘Tino.’ Asst.…
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The last time the local bourse traded at this level was in September 2022, when the index dropped to 5,741.07 amid fears of a global recession, rapid US…
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The Land Transportation Franchising and Regulatory Board (LTFRB) on Monday advised all bus companies and operators of public utility vehicles to implement…
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Meralco continues to expand its customer base, adding 194,000 new accounts so far this year, which brings the total number of connections to 8.18 million.
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The Philippine National Police (PNP) has intensified nationwide operations to ensure public safety ahead of the observance of All Saints’ and All Souls’ Days…
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‘The public’s clear rejection of any form of military intervention in politics underscores a mature democracy and validates the AFP’s steadfast commitment to…
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The Bureau of the Treasury (BTr) fully awarded all bids for Treasury bills (T-bills) in Monday’s auction, raising the full program amount of P25 billion amid…
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G20 members ‘emphasized the importance of strengthening multilateral coordination to address existing and emerging risks to the global economy.’
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Health experts are urging the national government to boost its fight against meningitis, stressing the vital importance of inoculation against all…
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The Manila Electric Co. (Meralco), the country’s largest power distributor, said electricity rates are likely to rise this month, mainly due to the peso’s…
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Political turmoil, corruption woes weigh on market — PSE chief
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‘This figure accounts mainly for direct costs and hence is a conservative estimate relative to the decrease, including hard-to-estimate indirect costs.’
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To imply that the insurance itself was ‘ghostly’ risks unfairly tarnishing an entire industry that has long been a pillar of financial accountability.
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