Day: April 22, 2025

Manila: The local bourse sustained its gains for the second consecutive trading day on Tuesday, but the local currency closed flat against the greenback. The bellwether Philippine Stock Exchange index (PSEi) increased by 0.12 percent to 6,145.59 points, and the broader All Shares improved by 0.19 percent to 3,652.14 points. According to Philippines News Agency, except for the Financials index, which declined by 0.21 percent, the rest of the sectoral counters closed in the green territory. Winners were led by Mining and Oil, up by 1.82 percent; followed by Property, which rose by 0.84 percent; Holding Firms increased by 0.36

Pasig: The Commission on Elections (Comelec) Second Division has mandated Christian Sia, a congressional candidate from Pasig, to respond within five days to a petition challenging his eligibility for the upcoming May 12 elections. This action follows controversial comments he made regarding single mothers. According to Philippines News Agency, Sia has been instructed via a two-page summons to submit his response, which can be done either personally or through email. The summons explicitly states that failing to provide a verified Answer cum Memorandum within the specified timeframe will prevent him from presenting any contrary evidence. Additionally, the Comelec division has

Antique: Forty local exhibitors, including farmers, fisherfolk, and micro, small and medium entrepreneurs (MSMEs), will participate in the two-day Kadiwa ng Pangulo (KNP) event in Antique as part of Labor Day activities. The KNP, scheduled for April 30 and May 1 at Evelio B. Javier Freedom Park, aims to offer cheaper and quality agri-fishery products and other non-food items. According to Philippines News Agency, Betty Baldevia, the agri-business and marketing coordinator from the Office of the Provincial Agriculturists, mentioned in an interview that fresh vegetables, fruits, and other products will be available at prices lower than those typically found in

Manila: The National Bureau of Investigation (NBI) has filed criminal charges against four individuals for allegedly spreading incendiary fake news on social media targeting the Philippine government from overseas. According to Philippines News Agency, the NBI identified the individuals as Maricel Tondi, known by her social media handle ‘wild.flower269,’ ‘Olarte Bingkai’ and ‘Bae Lebon Blaan,’ who is originally from Davao Occidental but currently in Saudi Arabia; Jennifer dela Cruz, also known as ‘Jose Fernandez Cruz,’ whose last known address is in Tarlac but currently resides in New Zealand; Jacinta Antasuda, originally from Catigbian, Bohol, now in the United Kingdom; and

Manila: The Department of Energy (DOE) is optimistic the Philippines will hit its target to increase to 50 percent the share of clean energy in the power generation mix by 2040. The share of renewable energy (RE) in the country’s total power mix will exceed the 2040 target and even reach 56.9 percent, based on the DOE’s simulation, Electric Power Industry Management Bureau (EPIMB) Supervising Science Research Specialist Mark Christian Marollano said Tuesday during the Power 101 media seminar organized by Aboitiz Power Corp., in coordination with the DOE. According to Philippines News Agency, Marollano said the country’s generation capacity