PSEi dips to 5,800 level on FTSE rebalancing, fuel price hikes

GMA Network - Sep 18, 2026

Philippine shares closed in the red on Friday, with the local stock barometer sliding to 5,800 level, as investors sold positions after a rebalancing of the Financial Times Stock Exchange (FTSE) and the continued sour sentiment amid the ongoing Middle East fuel crisis.

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Agrarian reform at a crossroads after DOJ Opinion No. 16

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DOJ Opinion No. 16 could accelerate farmland reconsolidation and conversion, displace 2 million to 3 million households, and increase reliance on food imports. Our calculations project that up to 1.5 million hectares could be affected and rice production could fall by 20% to 25%. The Department of Justice (DOJ) issued Opinion No. 16 on March

Senators should take public transport once a week --Win Gatchalian

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Senate President Sherwin Gatchalian said Friday senators should experience commuting via public transportation at least once a week to better understand the situation faced by commuters.

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Lawyer Michael Poa serves as Duterte's legal counsel and defense team spokesperson in her impeachment trial. He stepped down as the Office of the Vice President’s spokesperson in 2024.

Cebu's Aznar Shipping bets fleet expansion, shipyard on P737-M IPO

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Peso falls to P62.749:$1

Sep 18, 2026

The Philippine peso softened against the US dollar after three straight trading days of appreciation, as the greenback was buoyed by the Federal Reserve"s decision to hike rates. The local currency shed 1.9 centavos to close Friday at P62.749:$1 from Thursday"s finish of P62.73:$1.

Another shipping firm bans EVs, hybrids on passenger vessels

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CALAPAN CITY — A second sea travel company has prohibited its vessels from ferrying electric vehicles amidst ongoing investigations into an alleged explosion that ignited the September 9 fire that engulfed a Coron-bound ship and killed 77 of its passengers. Island Water has imposed an immediate ban on hybrid and fully electric vehicles (EVs) on

Vietnamese line up for Apple's first red Pro iPhone despite 11% price hike

Sep 18, 2026

Thousands of Vietnamese queue to pick up their new iPhones Friday as Apple's authorized resellers in Vietnam began handing over the iPhone 18 Pro and 18 Pro Max simultaneously from 8 a.m.

NBI seeks lookout order for Leviste, others in plot vs. Recto

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The National Bureau of Investigation has requested the issuance of an Immigration Lookout Bulletin Order (ILBO) against Batangas Representative Leandro Leviste and other individuals implicated in the alleged plot against Executive Secretary Ralph Recto.

AFP backs development of expeditionary navy

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The Armed Forces of the Philippines (AFP) on Friday expressed support for the development of an expeditionary navy capable of conducting missions beyond home waters, saying this is necessary for the country's defense as an archipelagic nation.

Marital infidelity alone not punishable under Anti-VAWC Law -- SC

Sep 18, 2026

It must be proven that psychological violence was inflicted for marital infidelity to be punishable under the Anti-Violence Against Women and Their Children Act of 2004, the Supreme Court (SC) reiterated.

PSEi dips to 5,800 level on FTSE rebalancing, fuel price hikes

More News

Agrarian reform at a crossroads after DOJ Opinion No. 16

Senators should take public transport once a week --Win Gatchalian

From tear gas on the streets to house arrest, Bersih signals 'fight'

FACT CHECK: Poa remains VP Sara’s counsel, defense spokesperson in impeachment trial

Cebu's Aznar Shipping bets fleet expansion, shipyard on P737-M IPO

Peso falls to P62.749:$1

Another shipping firm bans EVs, hybrids on passenger vessels

Vietnamese line up for Apple's first red Pro iPhone despite 11% price hike

NBI seeks lookout order for Leviste, others in plot vs. Recto

AFP backs development of expeditionary navy

Marital infidelity alone not punishable under Anti-VAWC Law -- SC

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