Day: July 28, 2025

Manila: Inflows of foreign direct investments (FDIs) to the Philippines are expected to remain robust vis- -vis the supportive government measures, an official of a business group said Monday. According to Philippines News Agency, Federation of Philippine Industries (FPI) chair Elizabeth Lee expressed strong optimism regarding FDIs and anticipates their successful materialization. In a Viber message, Lee commented on President Ferdinand R. Marcos Jr.’s fourth State of the Nation Address (SONA), describing it as ‘well delivered’ due to its strategic focus on core issues such as food security, flooding, electricity supply, public health, and education. Lee emphasized that these fundamental areas

Manila: The local bourse’s main index closed in the negative territory ahead of the President’s fourth State of the Nation Address (SONA) Monday, but the peso was able to keep its footing against the US dollar. The Philippine Stock Exchange index (PSEi) shed 0.52 percent to 6,379.75 points, and the broader All Shares by 0.09 percent to 3,793.49 points. Only the Services index gained during the day after it rose 1.52 percent. On the other, Mining and Oil registered the highest drop at 1.69 percent and was trailed by the Property, 0.81 percent; Financials, 0.66 percent; Holding Firms, 0.63 percent;

Manila: Several senators have urged the Supreme Court to reconsider its decision to halt the impeachment trial of Vice President Sara Duterte, a move the court justified on technical grounds. According to Philippines News Agency, Senators Francis Pangilinan, Risa Hontiveros, and Bam Aquino issued a joint statement calling on the Supreme Court to “reconsider and apply two principles it has long upheld.” They cited the Fairness Principle, which argues against the retroactive application of new legal interpretations that could harm those acting in good faith under previous interpretations, and the Doctrine of Operative Facts, which recognizes actions already taken under

Cagayan de oro: Most representatives from Northern Mindanao have voted for the re-election of Leyte 1st District Rep. Martin Romualdez as House Speaker. In a statement Monday, the city’s 1st District Rep. Lordan Suan said the decision to re-elect Romualdez aims to ensure the continuity of the legislative agenda in the 20th Congress, along with projects and programs that benefit constituents. According to Philippines News Agency, Misamis Occidental’s 1st District Rep. Jason Almonte and 2nd District Rep. Sancho Fernando Oaminal also supported Romualdez, along with Henry Oaminal Jr., representative of the Asenso Pinoy Party-list, all citing continuity as their reason.

Manila: Transmission lines and facilities nationwide are functioning at full capacity ahead of the fourth State of the Nation Address (SONA) of President Ferdinand R. Marcos Jr. on Monday. ‘NGCP’s (National Grid Corporation of the Philippines) transmission lines and facilities are under normal operations,’ the power transmission operator stated in its 9 a.m. advisory. According to Philippines News Agency, NGCP had earlier announced that its Overall Command Center was activated at 7 a.m. on Monday and will remain operational until 6 p.m. The command center is responsible for disseminating status reports on substations and transmission lines. This activation is part