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PSEi Slides After Trump’s Tariff Announcement, Peso Gains

Manila: Local shares fell following US President Donald Trump’s tariff announcement, while the peso closed stronger against the US dollar on Thursday. The Philippine Stock Exchange index (PSEi) declined by 1.63 percent to 6,145.73, while All Shares likewise fell by 1.10 percent to 3,664.41. According to Philippines News Agency, the local market was brought down by 1.63 percent to 6,145.73 as investors dealt with the US’ latest tariff announcements, including a 17 percent tariff against the Philippines. Philstocks Financial research manager Japhet Tantiangco noted that sentiment towards the global economy was dampened by the expected negative consequences of the US’

Lady Tams Take No. 1 Seed in UAAP Blitz Chess Semis

Manila: Far Eastern University clobbered Adamson University, 3.5-.5, Wednesday to take the No. 1 seed in the UAAP Season 87 women’s blitz semifinal. The Lady Tamaraws finished with 46 match points or eight points after the elimination round at the Adamson gym to boost their campaign for a third straight title. According to Philippines News Agency, Franchesca Largo, Mhage Sebastian, and Me Ann Joy Baclayon won their matches while Samantha Umayan settled for a draw with Angela San Luis. De La Salle, led by Francois Magpily, secured the No. 2 seed in the tournament. Ateneo de Manila and University of

Light Rains Expected Over Northern Luzon and Surrounding Areas

Manila: Several areas are forecast to experience light rains due to the northeasterly windflow, the weather bureau said Thursday. In its 4 a.m. bulletin, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said light rains will prevail over Cagayan Valley, Apayao, Kalinga, Mountain Province, Ifugao, and Aurora. According to Philippines News Agency, the northeasterly windflow affecting northern Luzon will bring isolated light rains over Ilocos Region and the rest of the Cordillera Administrative Region. PAGASA said the rest of the country will continue to experience isolated rain showers or thunderstorms due to the easterlies. Severe thunderstorms could result in

DSWD Receives P1.4-M from Donors via Kaagapay Donations Portal

Quezon City: A month after launching the Kaagapay Donations Portal, the Department of Social Welfare and Development (DSWD) has already received PHP1.4 million from donors for the agency’s disaster response operations and clients of DSWD-managed centers and residential care facilities (CRCFs). According to Philippines News Agency, Assistant Secretary Maria Paz Rafael of the Partnerships Building and Resource Mobilization (PBRMO) shared at the Thursday Media Forum at the DSWD Central Office that donations have been received for DSWD as well as foundations, non-government organizations (NGOs), and non-profit corporations listed on the Kaagapay Donations Portal. The Kaagapay Donations Portal is designed to

Bagamasbad Eyes Grandmaster Title in Australian Chess Circuit

Melbourne: International Master Jose Efren Bagamasbad hopes to earn a Grandmaster title in the Australian chess circuit this month. The two-time Asian Seniors (65 over category) champion will join the Melbourne International Open (April 7-14, 2025), O2C Doeberl Cup in Canberra (April 17-21), and the Sydney International Open (April 23-27). According to Philippines News Agency, Bagamasbad aims to achieve his third and final GM norm during these tournaments. The 68-year-old player from Talisay, Camarines Norte expressed his aspirations, stating, “I hope to do well in the Australian Chess Circuit this month. Hoping to get my third and final GM norm.”

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