Day: October 1, 2025

Manila: Bargain-hunting ended the seven-day slide of the local bourse’s main index Wednesday, and the peso sustained its sideways close against the US dollar. The Philippine Stock Exchange index (PSEi) returned to the 6,000-level after jumping 1.22 percent to 6,026.03 points, and the All Shares followed after expanding 0.93 percent to 3,654.62 points. According to Philippines News Agency, all the sectoral gauges posted improvements, led by the Mining and Oil after it rose 3.19 percent. It was trailed by the Services sector with a 1.92 percent increase, Industrial at 1.19 percent, Property at 1.08 percent, Financials at 0.94 percent, and

Manila: The Supreme Court (SC) en banc has issued a directive to the Commission on Elections (Comelec) to conduct the parliamentary elections in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) no later than March 31, 2026. The decision came with an 11-3 vote, accompanied by one abstention. According to Philippines News Agency, the SC decision, dated September 30, declared unconstitutional Bangsamoro Autonomy Act (BAA) No. 58 and BAA No. 77, which were enacted by the Bangsamoro Transition Authority (BTA) to create and reconstitute parliamentary districts in the region. The court has also mandated the BTA to propose replacements for

Mandaluyong city: Migrant Workers Secretary Hans Leo Cacdac has assured full support for the family of an overseas Filipino worker (OFW) in Kuwait who was meted out a death penalty over the demise of her employer’s child. In an interview at the DMW head office in Mandaluyong City on Wednesday, Cacdac said the department wanted to make sure that their mother’s case will not compromise the welfare of the OFWs’ two minor children. According to Philippines News Agency, Cacdac stated, “I met them, they were here in my office, and of course, they really need the support. Sabi ko nga

Cebu: The Philippine Coast Guard (PCG) on Wednesday deployed BRP Teresa Magbanua, carrying medical personnel and equipment, as well as search and rescue (SAR) personnel, to earthquake-affected areas in Cebu province. In a statement, the PCG said the vessel is carrying a total of 36 doctors, nurses, and other medical personnel and is headed to Bogo City, which was rattled by Tuesday night’s magnitude 6.9 earthquake. According to Philippines News Agency, the mission is in line with President Ferdinand R. Marcos Jr.’s directive to augment humanitarian assistance and disaster response. To date, PCG District Southwestern Mindanao has dispatched two 44-meter

Antique: The Overseas Workers Welfare Administration (OWWA) released over PHP1 million in grants and financial assistance to overseas Filipino workers (OFWs) in Antique province on Wednesday. The assistance benefited two OFW organizations and 34 distressed and displaced OFWs. According to Philippines News Agency, two OFW organizations in San Remigio and Culasi are recipients of a PHP1 million grant each under the Balik Pinas, Balik Hanapbuhay program, as stated by Lea Aguirre, OWWA Regional Office 6 officer-in-charge of the Programs and Services Division. Aguirre detailed that the grant is released in three tranches, with the San Remigio OFW Association having already