Day: December 9, 2025

Manila: Bargain-hunting lifted the local bourse’s main index on Tuesday, this week’s first trading day after the Feast of the Immaculate Conception holiday, but the peso weakened against the US dollar. The Philippine Stock Exchange index (PSEi) gained 0.46 percent to 5,976.64, while the broader All Shares declined by 0.33 percent to 3,466.21 points. According to Philippines News Agency, half of the sectors tracked the main index, including Property, which rose by 1.62 percent; Services, which increased by 0.82 percent; and Holding Firms, which saw a rise of 0.65 percent. However, the Mining and Oil sector fell by 2.5 percent,

Taguig city: Citing TikTok’s popularity to engage the public through the use of videos, Securities and Exchange Commission (SEC) Commissioner Rogelio Quevedo on Tuesday underscored its importance to educate the public about investment scams and fraud. Quevedo, in his message during the ceremonial signing of Memorandum of Understanding (MOU) with officials of ByteDance Philippines Inc., the local arm of global firm ByteDance, which operates various content platforms like TikTok, in Taguig City, said preventing these scams is a must since these undermine the investing public’s confidence. According to Philippines News Agency, the MOU ‘establishes a structured framework to educate Filipinos

Davao city: The Philippine National Police (PNP) on Tuesday accepted 25 high-powered guns listed as loose firearms from a private individual in Davao City as part of the government’s campaign on citizen cooperation and responsible gun ownership. The firearms were handed over to PNP acting chief Lt. Gen. Jose Melencio Nartatez Jr. by Jess Martinez, chairperson of the PNP-Integrity Monitoring and Enforcement Group (IMEG) Advisory Group. According to Philippines News Agency, the surrendered firearms consisted of various high-powered weapons, including rifles, submachine guns, and shotguns. Also turned over were 70 rounds of ammunition, 15 explosives – including fragmentation grenades and

Surigao city: The crime rate in Surigao City decreased by 28.57 percent from Oct. 1 to Dec. 8, police reported Tuesday. The Surigao City Police Station recorded 19 index crimes during the period, down from 45 cases in the previous quarter. Notably, the city reported zero murder and homicide cases this quarter, down from two murders previously. Cases of physical injury, rape, and theft also saw significant declines, as well as non-index crimes and vehicular accidents. According to Philippines News Agency, theft cases declined considerably during the quarter with seven cases compared to 16 in the previous quarter. Theft incidents

Pasig city: The Metropolitan Manila Development Authority (MMDA) on Tuesday met with local traffic officials to discuss ways to prevent a repeat of the traffic gridlock along Marcos Highway last Saturday. According to Philippines News Agency, during the meeting at the MMDA headquarters in Pasig City, MMDA General Manager Procopio Lipana, Traffic Discipline Office Director for Enforcement Vic Nu±ez, and other MMDA officials met with traffic heads from Cainta, Antipolo, Marikina, and Pasig. Lipana presented the MMDA’s plans to help ease congestion along Marcos Highway in line with President Ferdinand R. Marcos Jr.’s directive for coordination in managing traffic and