PHILIPPINE STAR/KRIZ JOHN ROSALESPHILIPPINE SHARES closed higher on the penultimate trading day of 2024 amid hopes for another interest cut to start 2025 and as investors picked up bargains.The benchmark Philippine Stock Exchange index (PSEi) inched up by 0.06% or

REUTERSTHE PESO surged against the dollar on Thursday to return to the P57 level for the first time in nearly three weeks, supported by remittance inflows amid the holidays.The local unit closed at P57.97 per dollar on Thursday, jumping by

PCOPRESIDENT Ferdinand R. Marcos, Jr. and his Cabinet officials were ensuring that the Congress-approved budget for 2025 is in line with the Constitution, Malacañang said on Thursday, adding that prudence is highly observed amid the country’s limited fiscal space.Executive Secretary

Men are at work on a segment of Commonwealth Avenue in Quezon City, July 13, 2024. — PHILIPPINE STAR/MIGUEL DE GUZMANBy John Victor D. Ordoñez, ReporterTHE PHILIPPINE government must ensure that the P1.11-trillion budget for the Department of Public Works

PIXABAYBy Chloe Mari A. Hufana, ReporterA FORMER congressman criticized the Armed Forces of the Philippines’ (AFP) plan to procure the United States’ Typhon missile system, warning that such a move risks further entangling the Philippines in dangerous military alliances that