PSEi clears 5,800 as bargain hunting lifts stocks

Inquirer.net - Oct 20, 2026

MANILA, Philippines — Local stocks edged higher on Tuesday as bargain hunting pushed the benchmark index above the 5,800 resistance level, while GCash parent Mynt Inc. ended its market debut flat. The Philippine Stock Exchange Index (PSEi) rose 0.14 percent, or 8.27 points, to close at 5,806.17. READ: It’s official: GCash parent Mynt makes PSE debut

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Alcantara says he gets 2% cut from Co’s alleged kickbacks as ‘lambing’

Oct 20, 2026

Alcantara says he gets 2% cut from Co’s alleged kickbacks as ‘lambing’

MANILA, Philippines — State witness and former Public Works and Highways-Bulacan District Engineer Henry Alcantara on Tuesday told the Sandiganbayan that he got a 2 percent cut as “lambing” (gentle request) from alleged kickbacks for former Ako Bicol Rep. Zaldy Co. Alcantara mentioned this in testimony before the anti-graft court’s Third Division during former House

Pagasa: Northern portions of PH to be most affected by Rosal

Oct 20, 2026

Pagasa: Northern portions of PH to be most affected by Rosal

MANILA, Philippines — Northern parts of the country are expected to bear the brunt of Super Typhoon Rosal, with heavy rains and strong winds possible in the coming days, the state weather bureau said Tuesday. The Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) said Super Typhoon Champi entered the Philippine area of responsibility at

Razon Group to buy 30% stake in WPS oil exploration firm

Oct 20, 2026

Razon Group to buy 30% stake in WPS oil exploration firm

MANILA, Philippines — The Razon Group is acquiring a 30-percent stake in a company that holds a service contract to harness petroleum resources in the West Philippine Sea. On Tuesday, Apex Mining Co. Inc. informed the local bourse that Prime Oil and Gas Inc. offered to acquire a 30 percent participating interest in Service Contract 72

LWUA eyes water supply restrictions as Super El Niño looms

Oct 20, 2026

LWUA eyes water supply restrictions as Super El Niño looms

MANILA, Philippines – In preparation for the effects of the Super El Niño in late December until the first quarter of 2027, restrictions on non-essential water use are being considered by the Local Water Utilities Administration (LWUA). During the Senate budget hearing for the Department of Environment and Natural Resources (DENR) on Monday, LWUA Administrator

Palace defends ‘jet-setter’ PCUP official amid lifestyle criticism

Oct 20, 2026

Palace defends ‘jet-setter’ PCUP official amid lifestyle criticism

MANILA, Philippines — Malacañang on Tuesday defended the appointment of Zofia Canlas as commissioner of the Presidential Commission for the Urban Poor (PCUP), amid public scrutiny over her lavish lifestyle and alleged lack of relevant experience for the role. A biology graduate of De La Salle University in 2024, Canlas drew criticism over her “lavish”

P50-M district hospital rising in Tantangan, South Cotabato

Oct 20, 2026

P50-M district hospital rising in Tantangan, South Cotabato

TANTANGAN, South Cotabato — A P50 million district hospital will rise in Tantangan, South Cotabato, bringing health and medical services closer to residents and nearby communities. Officials held a groundbreaking ceremony for the Tantangan District Hospital on Monday. It will rise in Purok Upper Maligaya, Barangay Poblacion, with the Melco Foundation, the corporate social responsibility

PhilHealth expands access to anti-TB medicines via GAMOT

Oct 20, 2026

PhilHealth expands access to anti-TB medicines via GAMOT

MANILA, Philippines—The Philippine Health Insurance Corp. (PhilHealth) is expanding access to selected first-line anti-tuberculosis (TB) medicines through its Guaranteed and Accessible Medications for Outpatient Treatment (GAMOT) program. The expanded benefit will take effect on Nov. 1, giving eligible patients additional access to prescribed TB medicines, according to PhilHealth Circular No. 2026-0018. “Eligible patients with confirmed

Chinese warship, research vessel spotted at Bajo de Masinloc

Oct 20, 2026

Chinese warship, research vessel spotted at Bajo de Masinloc

A Chinese warship and research vessel were spotted in separate occasions by the Philippine Coast Guard (PCG) in the waters of the Bajo de Masinloc.

Rapist who subjected teens to ‘horrific timeline of abuse’ jailed for 17 years

Oct 20, 2026

Rapist who subjected teens to ‘horrific timeline of abuse’ jailed for 17 years

A 34-year-old man who drove his teenage victims to secluded locations before raping them has been jailed for 17 years.

Jonvic Remulla: Arresting Sen. dela Rosa could lead to 10,000 deaths

Oct 20, 2026

Jonvic Remulla: Arresting Sen. dela Rosa could lead to 10,000 deaths

MANILA, Philippines — Interior Secretary Jonvic Remulla said Tuesday that arresting Sen. Ronald “Bato” dela Rosa, who was last monitored in Mindanao, could lead to 10,000 deaths. Remulla said this is the reason why the government is resorting to negotiating for his surrender. In an interview on Tuesday, Remulla said he received information two months

Paris-based banking giant sets up PH office

Oct 20, 2026

Paris-based banking giant sets up PH office

MANILA, Philippines — Paris-based banking group BNP Paribas is setting up a Philippine delivery center to support its global corporate and institutional banking business. On Monday, Megaworld disclosed to the local bourse that BNP Paribas Solutions Philippines would occupy office space in Uptown Eastgate, adding another multinational tenant to its office portfolio. The facility will support

Mother of slain welder takes fight to Truth Commission

Oct 20, 2026

Mother of slain welder takes fight to Truth Commission

CAGAYAN DE ORO CITY — Nine years after her son was gunned down in the streets of Tondo, a grieving mother is taking her fight for justice and accountability to the public. Nanette Castillo will take the stand this Friday, October 23, during the Truth Commission’s 5th Public Truth-Telling Session held at Adamson University in

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