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Day: April 29, 2025

Local Index and Peso See Modest Gains Following Previous Decline

Manila: Both the local shares and currency gained Tuesday after a slip in the previous day’s trading. The Philippine Stock Exchange index (PSEi) inched up by 0.04 percent to 6,252.19, and the broader All Shares improved by 0.14 percent to 3,686.23 level. According to Philippines News Agency, sectoral indices were mixed with Industrial, Financials, and Mining and Oil gaining 1.77 percent, 1.34 percent, and 0.85 percent, respectively. On the other hand, Services, Property, and Holding Firms declined by 1.65 percent, 1.42 percent, and 0.10 percent, respectively. Advancers led decliners at 92 to 77, with 66 counters left unchanged. Regina Capital

Candidates Who Will Not Pay Campaigners Can Be Charged: NLRC

Baguio City: Campaign personnel of politicians who will not receive proper compensation can file complaints before the National Labor Relations Commission (NLRC), an official said Tuesday. ‘They can be considered as term employees or service employees whose complaint are actionable by the NLRC,’ lawyer Raymund Celino, Executive Labor Arbiter of the NLRC-Cordillera Administrative Region (CAR) said in a press conference here. ‘They can file a complaint in our office,’ he added. According to Philippines News Agency, Imelda Romanillos, Department of Labor and Employment-CAR director, mentioned in the same press conference, ‘we can invite the parties, the politician for a conference.’

Charges Against POGO-Linked Personalities Signal Warning to Abusers

Manila: Senator Sherwin Gatchalian stated that the filing of human trafficking charges against individuals linked to Philippine offshore gaming operators (POGOs) signifies the government’s dedication to justice and accountability. The senator welcomed the development, cautioning that those who misuse their power or breach the law will face consequences, irrespective of their status or influence. “Let this serve as a warning to all,” he said. “We will continue monitoring these cases closely and will not stop until all those responsible are made to answer before the law.” According to Philippines News Agency, Gatchalian’s comments followed the Department of Justice’s confirmation of

Philippines and Japan Celebrate ‘Golden Age’ of Relations as Leaders Meet in Manila

Manila: The Philippines and Japan have entered what President Ferdinand R. Marcos Jr. described as the ‘golden age’ of their bilateral relations, as they marked a decade since forging a strengthened strategic partnership. This was highlighted during a meeting with Japanese Prime Minister Shigeru Ishiba at Malaca±an Palace. According to Philippines News Agency, President Marcos expressed optimism that their discussions would yield positive outcomes in areas such as economic cooperation, development, people-to-people ties, and security relationships. Marcos emphasized the significance of Ishiba’s visit, noting it underscores the stability and mutual respect that characterizes the relationship between the two nations. The

House of Representatives Ensures Funding for New Pediatric Facility at Philippine Children’s Medical Center

Manila: The leadership of the House of Representatives assured continued funding for the Philippine Children’s Medical Center (PCMC), emphasizing it as an investment in the children’s future. Speaker Martin Romualdez made this commitment following the capsule-laying and groundbreaking ceremony for PCMC’s new 20-story Center for Advanced Pediatric Services, a part of President Ferdinand R. Marcos Jr.’s Legacy Specialty Hospitals initiative. According to Philippines News Agency, Romualdez highlighted the importance of the new facility, stating it would serve as a multi-specialty center addressing complex diseases such as pediatric cancer and brain and spine disorders. The project is supported by Congress, which

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