Day: December 10, 2025

Manila: The peso ended Wednesday almost unchanged against the US dollar, but the Philippine Stock Exchange index (PSEi) declined due to lower growth forecasts on the domestic economy. The local currency ended the day at 59.21 from 59.22 close Tuesday. According to Philippines News Agency, it opened weaker at 59.25 compared to the previous day’s 59.08. It traded between 59.25 and 59.16, bringing the day’s average to 59.21. Volume reached USD1.29 billion, up from the previous day’s USD1.1 billion. On the other hand, the local bourse’s main index shed 0.28 percent to 5,959.94 points, and the broader All Shares by

Manila: President Ferdinand R. Marcos Jr. on Wednesday presided over the first-ever external security operations attended by around 160 battalion commanders from the Intelligence Service of the Armed Forces of the Philippines (ISAFP) and the Philippine Army (PA). The event was organized to enhance coordination and operational readiness among senior military leaders, reinforcing the armed forces’ external defense posture. According to Philippines News Agency, several photos of Marcos’ meeting with the battalion commanders were uploaded on the Presidential Communications Office’s (PCO) official Facebook page, showing the Commander-in-Chief interacting with the participants. The PCO noted that President Ferdinand R. Marcos Jr.

Manila: The ease of doing business in the Philippines was boosted after the Manila-based Asian Development Bank (ADB) approved a USD400 million policy-based loan to assist the country to become a top investment destination. According to Philippines News Agency, the Business Environment Strengthening with Technology Program (BEST) Program 1 aims to help the private sector to streamline and enhance the transparency of regulatory requirements and business processes. It will also help facilitate investment in priority sectors ‘with strong development impact and strengthen digital delivery of government services to businesses and investors’, such as renewable energy and digital infrastructure. ‘The private

Pasay city: De La Salle University banked on Jacob Cortez’s triple to beat University of the Philippines, 74-70, Wednesday in Game 1 of the UAAP men’s basketball finals at Mall of Asia Arena in Pasay City. The No. 4 seed Green Archers will try to wrap up the best-of-three series on Sunday at the same venue. According to Philippines News Agency, De La Salle defeated UP, 72-69, in the first round and 87-82 in the second round. La Salle coach Topex Robinson expressed gratitude for the team’s ability to withstand the challenge posed by Harold Alarcon, who made significant plays

Pathum thani: The Philippine men’s baseball team narrowly defeated host Thailand, 8-7, in a dramatic 10-inning contest, setting the stage for their title clash at the 33rd Southeast Asian Games held at the Queen Sirikit Baseball Stadium. This victory allowed the Filipino team to remain undefeated with a 5-0 record. According to Philippines News Agency, the turning point came with a throwing error at home plate with one out and the bases loaded, enabling Bong Liguayan and Gio Gorpido to score the crucial tying and winning runs. This result confirmed that both the Philippines and Thailand, who are now at