Day: April 15, 2025

Manila: The local stock market experienced a notable rise during Tuesday’s trading, nearing the 6,200 mark, while the Philippine peso also showed a rebound, settling back into the 56 range. According to Philippine News Agency, the bellwether Philippine Stock Exchange index (PSEi) recorded an increase of 0.66 percent, reaching 6,186.10 points, with All Shares rising by 0.52 percent to 3,646.65 points. Regina Capital Development Corp. head of sales Luis Limlingan noted, “Philippine shares pushed closer to the 6200 level as sentiment continued to improve with the markets calming down before the Easter holiday.” He further highlighted that sentiment was bolstered

Manila: Money sent home by overseas Filipino workers (OFWs) grew by 2.7 percent on an annual basis in February 2025 to USD2.72 billion from the previous year’s USD2.65 billion, the Bangko Sentral ng Pilipinas (BSP) reported Tuesday. According to Philippine News Agency, including in-kind remittances, total personal remittances in February reached USD3.02 billion, marking a 2.6 percent increase from USD2.95 billion in the same month last year, as shown by data from the central bank. For the first two months of the year, cash remittances climbed by 2.8 percent to USD5.63 billion, while personal remittances rose by 2.7 percent to

Manila: The Supreme Court (SC) en banc has upheld a 2017 Malaca±ang directive creating an office to fast-track energy projects of national significance (EPNS). In a news release on Tuesday, the SC said it dismissed a petition filed by several citizen groups asking it to stop the implementation of Executive Order (EO) No. 30 through an Environmental Protection Order. According to Philippine News Agency, EO 30 establishes minimum guidelines to streamline and shorten the process of approving EPNS. These include a presumption of prior approvals, which requires agencies to start processing permit applications right away, even if other permits are

Manila: The Department of Education (DepEd) on Tuesday announced that it is ramping up efforts and collaborating with other government agencies to address the rising incidences of bullying in schools across the country. According to Philippine News Agency, DepEd Secretary Sonny Angara spearheaded the largest executive committee meeting to date, focusing on the troubling increase in bullying incidents within public schools. Angara emphasized the importance of prioritizing this issue, calling for a comprehensive approach that extends beyond school grounds to include households and communities. Currently, reported bullying cases have increased to 2,500 for the Academic Year 2024-2025, up from 2,268

Manila: The Department of Agriculture (DA) on Tuesday assured close monitoring of the production and prices of vegetables and other agricultural commodities as the country deals with the scorching summer. According to Philippine News Agency, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) earlier predicted 43 to 44 degrees Celsius heat indexes in several areas in Cavite, Metro Manila, Batangas, Pangasinan, Bulacan, Isabela, Mindoro, and Zamboanga del Norte. ‘Lahat naman po ay tinututukan natin kasi dahil po sa init ng panahon, lahat po ng ating agricultural commodity maaari po siyang maapektuhan but lalung-lalong na po iyong ating mga (We