Tag: Gold

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McDaniel’s gloves seal Filipinas’ golden destiny at SEA Games

Olivia McDaniel was likely bargaining with the football gods as she lunged to her left, body angled, hands stretching just far enough to meet a ball that slipped from her grasp for a split second—then stayed. When she collapsed in front of goal, clutching salvation, a long-awaited chapter in Philippine football history finally turned its page.

Gold hits USD4,300 on trade jitters, possible Fed rate cut

Gold soared to a fresh record above USD4,300 an ounce Thursday, rallying for a fourth straight session as investors piled into safe havens amid deepening US-China tensions and growing bets on Federal Reserve rate cuts.

Gold futures breach USD4,000 amid global turmoil

Gold futures surged past USD4,000 per ounce for the first time, extending a historic rally as escalating global uncertainty drives investors toward traditional safe-haven assets.

US market, gold gain despite government shutdown, job losses

Major U.S. markets shrugged off a federal government shutdown and weaker labor data on Wednesday, with equities and gold both pushing higher.

Gold soars amid uncertainty, rate cut hopes

A fresh bout of uncertainty and mounting anticipation of a Federal Reserve interest rate cut added glitter to gold, pushing it to a record high on Tuesday.

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PEMC, PERPI team up to improve electricity market operations

The Philippine Electricity Market Corp. (PEMC) and the Philippine Energy Research and Policy Institute (PERPI) have signed a three-year agreement to work together on studies aimed at making the country’s electricity market run better. The deal establishes a formal partnership for research, policy guidance and information sharing.

BPI calls for unified action vs cyber threats at 2026 CyberProtect conference

Amid more complex and linked online risks, the Bank of the Philippine Islands (BPI) has urged all sectors to work together to boost defenses against digital fraud. The call was made during its CyberProtect Conference held July 30 at Fairmont Makati with the theme “Defend as One: Building a United Front Towards Consumer Protection.”

DOE forms joint task force to lower electricity charges and remove extra charges

The Department of Energy (DOE) has established a new Joint Task Force alongside the Energy Regulatory Commission, the National Electrification Administration, and electric cooperatives to help remove system loss charges and related value-added tax from power bills. Energy Secretary Sharon Garin emphasized the administration's stance that consumers should only pay for the electricity they actually consume, rather than bearing the cost of losses they did not cause.

BPI simplifies account opening with national ID integration

The Bank of the Philippine Islands (BPI), in marking its 175th year as lender, rolled out a new feature making the opening of a bank account easier for all Filipinos. The improvement comes from a formal partnership with the Philippine Statistics Authority (PSA), marked by the signing of a subscription agreement that adopts the National ID Authentication Services (NIDAS) for the BPI app.

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