Red Friday: PSEi plunges following floodgate exposés
On 14 November 2025, political headwinds affected the financial sector as renewed attention on the Senate’s resumed probe into the “floodgate” corruption…
· 2 MIN READ
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On 14 November 2025, political headwinds affected the financial sector as renewed attention on the Senate’s resumed probe into the “floodgate” corruption…
· 2 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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The local currency resumed its decline yesterday, mirroring the slide in investor confidence.
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The sustained weakness of the peso, which closed at P59.04 against the US dollar — its third straight day of slight depreciation — added to the cautious mood.…
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The Philippine Statistics Authority said cheaper food and transport costs helped offset higher prices in housing, electricity, and utilities. Food inflation…
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Characterized by a decline of 20 percent or more from recent highs, a bear market represents a profound shift in investor sentiment from optimism to…
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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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It is becoming clear that a conspiracy to steal public funds occurred, crossing party lines.
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Market forces, not BSP intervention caused peso slide to P58.9 against the US dollar.
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Analysts and traders expect the bank to plough ahead with a quarter percentage-point cut, lowering its key lending rate to between 3.75 percent and 4.00…
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Quezon City Police District (QCPD) Acting District Director P/Col. Randy Glenn Silvio on Sunday led a Simultaneous Showdown Inspection of Forces and Equipment…
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Agents of the National Bureau of Investigation (NBI) arrested two Chinese nationals in Makati City for allegedly selling counterfeit Philippine banknotes, the…
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The rise in prices, increasing food insecurity, and governance issues are critical challenges that should prompt transformative action.
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‘It’s important that while we’re providing support to the labor market, that we continue to lean against any potential persistence in inflation, whether that…
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Fifty-five minors arrested during the 21 September “Trillion-Peso Protest March” in Manila have been ordered to perform community service as part of their…
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The Philippine Stock Exchange index (PSEi) closed nearly unchanged for the second straight session on Friday, 17 October 2025, as investors weighed mixed…
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ZAMBOANGA CITY — The Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) recorded a -1.5 percent inflation rate in September 2025, maintaining the…
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Increasing workers’ pay was the next biggest concern at 37 percent, followed by fighting criminality and poverty at 23 percent each.
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