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
Daily TribuneTopic
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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A rented BMW that raced into the crowd killed a nine-year-old boy and five women.
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The benchmark PSEi dropped 56.73 points to close at 5,702.64, its lowest since 28 May 2020, when it ended at 5,570.22. The index has now fallen for the second…
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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 Stock Exchange Index (PSEi) fell to a new three-year low on Friday, closing at 5,739.37 — down 1.31 percent — as investors reacted to…
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Smart Communications has teamed up with fintech lending platform JuanHand to offer prepaid subscribers a 25 percent discount on select mobile load products…
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President Ferdinand R. Marcos Jr. signed Executive Order (EO) 102 yesterday, extending the suspension of the importation of regular milled and well-milled rice…
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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 Philippines will be among the 184 countries to grace this year’s World Travel Market (WTM) in London, in a bid to strengthen its global tourism presence…
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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 Philippines is set to reaffirm its position as a world-class destination as it joins the World Travel Market (WTM) London 2025, one of the most influential…
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Since April, the V8 group — comprising Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman — has boosted production by…
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The alleged anomalies in the FMR program are expected to be examined by the Independent Commission for Infrastructure.
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Members of the minority bloc in the House of Representatives are calling for a swift investigation into reports of overpricing and potential fraud in the…
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The House minority bloc has urged Congress to investigate alleged overpriced farm-to-market road (FMR) projects, a joint initiative of the Department of…
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With the Philippine Stock Exchange Index back below the 6,000 level, will we find the market’s version of HP Lovecraft’s creature, Cthulhu, which will bring us…
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