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MANILA, Philippines — The depreciating peso and developments in the Senate’s investigation into anomalous flood control projects caused the local bourse to slide to a near six-month low on Thursday.
By the closing bell, the benchmark Philippine Stock Exchange Index (PSEi) tumbled by 1.09 percent, or 66.44 points, to end at 6,042.28. This is its lowest level in almost half a year.
While navigating an archipelago of more than 7,000 islands isn’t easy, packages are finding their way from Manila’s bustling ports to remote villages in Mindanao with increasing efficiency—thanks to a logistics industry that is changing how Filipinos shop and businesses operate. Now valued at over $55.65 billion, the Philippines’ logistics market is simplifying the geographic
Employees at BioWare have privately shared concerns that layoffs and/or a closure of the studio are coming soon.
Gadchiroli district, a known Maoist-affected region, frequently witnesses acts of sabotage, including attacks on security personnel, arson, and obstruction of government work