How PSEi member stocks performed — November 11, 2025
Here’s a quick glance at how PSEi stocks fared on Tuesday, November 11, 2025.
Uwan death toll climbs to 18, OCD says
By Adrian H. Halili and Chloe Mari A. Hufana, Reporters
TYPHOON Fung-wong, locally known as Uwan, left at least 18 dead mainly due to landslides caused by heavy rains across Luzon and Visayas, the Office of Civil Defense (OCD) said on Tuesday.
OCD Deputy Administrator Bernardo Rafaelito R. Alejandro IV said that casualties were reported in Cagayan Valley (Region 2), Cordillera Administrative Region (CAR), Bicol Region (Region 5), Western Visayas (Region 6), and Eastern Visayas (Region 8).
“There were three in Region 2, 12 in CAR mostly because of landslides, one in Region 5 due to drowning, one in Region 6 due to electrocution, and one in Region 8,” Mr. Alejandro told a livestreamed briefing.
He added that authorities have logged 28 injuries and two missing individuals due to the effects of storm surge.
The Philippines remains under a state of calamity after the twin storms left extensive damage across several regions.
The country was still reeling from the effects of Typhoon Kalmaegi (Local name: Tino), which claimed the lives of more than 200 individuals, when Uwan struck large parts of Luzon on Sunday evening.
Uwan, the 21st storm to hit the Philippines this year, caused widespread flooding, storm surges, strong winds and landslides over 6,900 local villages. It displaced 2.4 million individuals, with about 804,000 seeking refuge in evacuation centers.
Uwan, which reached super typhoon category, has since weakened as it traversed the rest of Luzon, exiting the Philippine area of responsibility (PAR) on Tuesday, the state weather bureau reported.
In an 11 a.m. bulletin, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said that the typhoon weakened into a severe tropical storm as it moved outside of the PAR closer to Taiwan.
Parts of northern Luzon continue to feel the effects of Uwan, with PAGASA raising Signal No. 2 over Batanes and the western portion of Ilocos Norte; while other portions of Cagayan Valley, CAR, and Ilocos Region are under a lower wind signal.
Uwan was last seen 370 kilometers west northwest of Calayan, Cagayan and moving north northwestward at 10 kilometers per hour (kph). It had maximum sustained winds of 110 kph near the center and gusts reaching up to 135 kph.
PAGASA noted Uwan may re-enter PAR on Wednesday evening as it makes landfall over the southwestern coast of Taiwan.
The weather bureau also maintained warning for marines to avoid sea travel on northern and central Luzon seaboards, advising vessels to remain in port or seek safe harbor until conditions improve.
DISASTER RESPONSE
Meanwhile, electricity and communications services have been restored in more than half of the areas hit by Uwan, as Cabinet secretaries were deployed to oversee response and recovery operations across the Visayas and Bicol regions, Malacañang said on Tuesday.
Citing information from the Department of Energy (DoE), Palace Press Officer Clarissa A. Castro reported that power has been brought back to 454 of 712 storm-hit municipalities, or about 60% of affected areas.
Quoting Energy Secretary Sharon S. Garin, Ms. Castro said restoration work continues for roughly three million customers still without power, while 60 electric cooperatives remain under close monitoring.
Initial DoE estimates placed the damage to energy infrastructure at over P4 million.
Meanwhile, telecommunications services have also been gradually restored, according to the Department of Information and Communications Technology (DICT).
As of 8 a.m. on Tuesday, 82% of Smart’s network, 77% of Globe’s, 63% of DITO’s, and 79% of Converge’s connections were back online.
Ms. Castro quoted DICT Secretary Henry Rhoel R. Aguda in saying restoration crews are prioritizing areas where communications remain critical for rescue and logistics operations.
Government relief efforts continue, she noted. The National Disaster Risk Reduction and Management Council (NDRRMC) said P324.1 million in aid has been distributed to families affected by Typhoon Tino, while P48.1 million has been released for communities hit by Uwan.
Social Welfare Secretary Rexlon T. Gatchalian, currently in Catanduanes, reported that 600,000 family food packs and 21,000 ready-to-eat boxes have been distributed in the two typhoon-affected regions.
Health Secretary Teodoro J. Herbosa, who is in Leyte, said P8.2 million worth of medical supplies and nutrition commodities have been sent to five municipalities in Southern Leyte, including Silago and Sogod.
Education Secretary Juan Edgardo M. Angara has been inspecting damaged schools in Negros Occidental to assess structural safety, while Tourism Secretary Ma. Christina G. Frasco is evaluating the extent of damage to tourism sites and facilities.
The Philippines sits along the Pacific Ring of Fire, a horseshoe-shaped zone of intense seismic and volcanic activity that encircles the Pacific Ocean.
This position makes the country one of the most disaster-prone in the world, experiencing frequent earthquakes, volcanic eruptions, and tsunamis.
This geologic setting has shaped the nation’s landscape and posed persistent challenges for infrastructure, disaster preparedness, and economic stability.
PHL to comply should ICC issue warrant vs Sen. Dela Rosa, DoJ says
By Erika Mae P. Sinaking
THE Philippine government could expedite or surrender Senator Ronald “Bato” M. dela Rosa to the Interpol if the International Criminal Court (ICC) formally issues an arrest warrant over the Duterte administration’s bloody drug war, the Justice department said on Tuesday.
The Department of Justice (DoJ), through Chief State Counsel Dennis Arvin L. Chan, said it would comply with legal procedures and reciprocity principles once the document is formally transmitted, even as it reiterated for the second time that it has yet to receive a copy of the alleged ICC warrant.
Mr. Chan said that the state has two legal options: extradition or surrender, with the latter being “the faster approach.” He cautioned against focusing solely on extradition, noting that this “is limiting the state’s discretion under Section 17 of RA (Republic Act) 9851.”
Mr. Chan said that the government is “seriously studying” all options.
“We are not closing the door on extradition or surrender and until now we have not seen nor received a copy of this ICC warrant of arrest,” he told reporters at a press briefing in Taguig City.
The discussion comes after Ombudsman Jesus Crispin C. Remulla claimed during a radio interview last Saturday that an arrest warrant for Mr. dela Rosa was issued.
In his latest remark on Tuesday, Mr. Remulla stood by the existence of the document, saying he has a copy of the ICC arrest warrant on his phone but noting it has yet to pass through proper channels before it can be officially implemented.
“If you ask me whether there is a warrant, yes, I have it on my phone. I have a copy, but it is not yet an official copy; I just know that it exists. The warrant is on my phone, but since it’s not official, it still has to go through the proper channels to be implemented,” he told a press briefing.
Fadi El Abdallah, spokesperson and head of the Public Affairs Unit at the ICC, said in a message to reporters on Monday that the court “cannot confirm such news,” noting that all official announcements are published through its formal communication channels.
The Department of Foreign Affairs (DFA) and the Department of the Interior and Local Government (DILG) have also confirmed they have not received any official document regarding the alleged warrant.
At the same briefing, Prosecutor General Richard Anthony D. Fadullon said that the government is exercising “circumspect” caution and may await a resolution from the Supreme Court (SC) on pending petitions related to the ICC’s jurisdiction before taking definitive action.
The precedent for implementation was set earlier this year in relation to former President Rodrigo R. Duterte. In that prior incident, the warrant was likely transmitted via Interpol to the Philippine Center for Transnational Crimes and quickly relayed to law enforcement for implementation. This procedure is the subject of a pending SC petition filed by Mr. dela Rosa himself.
Mr. Fadullon said that while there is no temporary restraining order (TRO), prudence dictates waiting for the SC ruling to resolve the legal issues surrounding the implementation process before moving definitively on a new case.
He also clarified that Mr. dela Rosa’s status as a sitting senator would not legally prevent the government from surrendering or extraditing him if an ICC warrant is issued.
JUDICIAL CLARITY
Meanwhile, high school teacher John Barry T. Tayam filed a motion for reconsideration before the SC, seeking judicial clarity on the reported ICC arrest warrant against Mr. dela Rosa.
The filing, submitted on Tuesday, also requests amendments to include the current heads of key government offices as respondents, reflecting recent changes in leadership.
Mr. Tayam’s original petition for prohibition, filed on March 27, 2025, sought to prevent Mr. dela Rosa from using the Senate as a sanctuary, in the event the ICC issues a warrant. The SC dismissed it on May 20, 2025, citing the absence of an actual case or controversy.
In the new motion, Mr. Tayam argued the matter has now ripened into a justiciable controversy following Mr. Remulla’s remarks on Nov. 8, that the ICC issued an arrest warrant against the senator.
The Office of Senator Dela Rosa did not immediately reply to a Viber message seeking comment.
The motion asks the high court to clarify the scope of legislative immunity, the distinction between extradition and surrender under Philippine law, and the applicability of the New Rules on Extradition Proceedings, effective Nov. 11, 2025.
Mr. Tayam said the ICC warrant falls under the “surrender” provision of Republic Act No. 9851, since the ICC is an international tribunal and not a sovereign state.
He also stressed the constitutional requirement for due process and transparency, urging the Court to decide on the merits rather than procedural technicalities.
The updated list of respondents now includes the Senate, the Office of the Ombudsman, the DoJ, and the Office of the Solicitor General.
Senate President Vicente C. Sotto III earlier reiterated that no senator can be arrested within the chamber, consistent with institutional rules and courtesy. He noted, however, that any arrests outside Senate premises would be “no longer our concern.”
Mr. Dela Rosa, who sat as Police chief from July 2016 to April 2018, enforced President Duterte’s anti-drug campaign.
Government data recorded 6,252 deaths in police operations, while human rights groups and the ICC estimate the toll, including extrajudicial and vigilante-style killings, could be 8,000 to 30,000.
House to tackle anti-dynasty bill, push anti-corruption body before yearend
By Kenneth Christiane L. Basilio, Reporter
THE House of Representatives will jumpstart discussions on a long-sought anti-dynasty bill and pass a measure institutionalizing an anti-corruption body that will investigate public works projects before the year ends, Speaker Faustino “Bojie” Dy III said on Tuesday, as lawmakers convene for the final leg of the 2025 congressional session.
He said the measures are intended to reform governance in the country, as public trust in the government continues to erode amid a widening flood control controversy that gripped the Southeast Asian nation.
“In the face of reports of corruption and ghost projects, anger is not enough. We need solutions,” he told the House floor in Filipino.
The scandal struck a chord among Filipinos due to the scale of alleged collusion among politicians and contractors to siphon off billions of pesos from public works widely seen as essential in the flood-prone nation.
The House Speaker said the chamber will begin talks on an anti-dynasty bill, a measure mandated by the 1987 Constitution but was never enforced due to the lack of an enabling law.
“It is time to confront an issue enshrined in our Constitution: the implementation of a law against political dynasties,” said Mr. Dy, who hails from a prominent political family in the northern Philippines.
Mr. Dy’s asset disclosure document listed 16 relatives in government service, including a nephew serving as Philippine Ambassador to Switzerland. His son, daughter-in-law, and another nephew currently hold mayoral posts in cities and municipalities across Isabela province, where his family maintains political influence.
Public office in the Philippines has often been treated like heirlooms, being passed down from parents to children and even grandchildren that has entrenched families in the political system across generations and regions.
“The aim of this is not to hinder anyone, but to broaden opportunities for more Filipinos to serve and participate in government,” said Mr. Dy.
The House Speaker also said congressmen will swiftly pass a bill to institutionalize the Independent Commission for Infrastructure (ICI), pledging “zero delays” in its approval as Filipinos “have zero tolerance for corruption.”
“Our directive here is also clear: We will pass this before we adjourn this December,” he said.
Lawmakers have six weeks to approve pending bills before Congress adjourns for the year.
In a House hearing on bills seeking to institutionalize the ICI, its executive director Brian Keith F. Hosaka said the fact-finding body supports legislative thrusts to empower it further.
“In a time of deep public distrust, much is expected from a Commission tasked with investigating projects which have drained billions in public funds and exposed systemic weakness in our government,” he said. “We believe that given the gravity of this undertaking, the proposed investigative body tasked to examine these projects must be vested with expanded powers.”
House Deputy Minority Leader and Party-list Rep. Leila M. de Lima said in the same hearing her proposed House Bill No. 4453 will empower the ICI with the capability to conduct more comprehensive inquiries into alleged infrastructure spending anomalies and recommend charges against those implicated.
Marcos extends devolution transition for LGUs by 2 years
PRESIDENT Ferdinand R. Marcos, Jr. has signed Executive Order (EO) No. 103, extending by two years the deadline for the full transfer of certain executive branch functions to local government units (LGUs), citing the need to give them more time to strengthen their financial and administrative capacity.
The order, signed on behalf of the President by Executive Secretary Lucas P. Bersamin, moves the full devolution timeline to 2028.
It amended Executive Order No. 138 issued in 2021, which sought to implement the Supreme Court’s Mandanas-Garcia ruling expanding LGUs’ share in national tax revenues under the Local Government Code of 1991.
The new measure introduces additional policies to ensure a “phased and equitable” transfer of functions and prioritizes assistance to poorer and less developed localities, particularly those in remote or high-poverty areas.
Under the new EO, provinces and municipalities must achieve full devolution by 2028, while cities are expected to complete the process by 2027.
The government will also prioritize capacity-building programs and fiscal support for fourth- and fifth-class LGUs to ensure they can deliver devolved services effectively.
The Marcos administration said the extension aligns with the Philippine Development Plan 2023-2028, the Medium-Term Fiscal Framework, and the AmBisyon Natin 2040 roadmap.
It aims to strengthen local governance, promote transparency, and encourage LGUs to generate their own revenues to sustain devolved services.
Once the transition is complete, the national government will shift its role toward more strategic and supervisory functions to address long-term development challenges and improve coordination between national and local plans. — Chloe Mari A. Hufana
Enrile in the ICU, Estrada says
FORMER Senator Juan Ponce Enrile is currently in the intensive care unit (ICU) with “slim” chances of surviving, a senator said on Tuesday.
“I have information that our former colleague, is currently in the intensive care unit of an undisclosed hospital suffering from pneumonia,” Senator Jose “Jinggoy” P. Estrada said during Tuesday’s session.
“I heard from a reliable source, a very, very reliable source, that he has slim chances of surviving,” he added.
The 101-year-old Mr. Enrile advises President Ferdinand R. Marcos, Jr. as his chief legal counsel since 2022. He had also served Mr. Marcos’ father and namesake, as minister for justice and defense under the late President Ferdinand E. Marcos.
He also served as the 21st Senate President from 2008 to 2013 and as a four-term senator.
He was also among those involved in the multibillion-peso pork barrel scam, where lawmakers had siphoned off funding from the Priority Development Assistance Fund. He was acquitted of charges last month.
A short prayer, led by Senator Joel J. Villanueva, was also offered during the plenary session, followed by a moment of silence.
The Presidential Palace and Mr. Enrile’s family is yet to issue a statement on the matter. — Adrian H. Halili
Sotto confident amid coup rumors
SENATE PRESIDENT Vicente “Tito” C. Sotto III on Tuesday said that he remains confident that he would retain his position despite hearing potential coup rumors, ahead of the Senate resumption.
“(I’ve heard) one or two stories that someone was going around and talking to others that’s all,” Mr. Sotto told reporters.
The Senate resumed its plenary session on Tuesday, following a month-long break.
“For me I will leave it to my peers,” he added. “The Senate President should always leave it to the wisdom and the trust and confidence of his colleagues.”
Separately, Senate Minority Leader Alan Peter S. Cayetano denied that there was a coup ongoing, noting their focus on upcoming budget deliberations.
“People always talk about it. Everyone in the minority wants to be in the majority. Everyone thinks they can do a better job,” he told reporters. “The minority now has a job to give better ideas for the budget.”
Mr. Sotto was elected as the Senate chief last September following a coup, led by then-minority legislators, as the chamber’s leadership under Senator Francis “Chiz” G. Escudero faced scrutiny over the flood control scandal. — Adrian H. Halili
Village, youth council term upheld
THE Supreme Court (SC) on Tuesday upheld the constitutionality of the law setting a four-year term for barangay and Sangguniang Kabataan (SK) officials, denying multiple consolidated petitions challenging the measure.
“Congress has the authority to set the term length of barangay officials, and this includes deciding when the new term begins,” said Associate Justice Jhosep Y. Lopez in the court’s decision.
The law, Republic Act No. 12232, also rescheduled the next youth elections from Dec. 1, 2025, to the first Monday of November 2026, with incumbent officials remaining in office until their successors are elected.
Petitioners argued the law violated the public’s right to vote, unfairly favored SK officials, and ignored guidelines for postponing elections set by a previous SC ruling.
“The law does not abolish or indefinitely suspend SK elections,” the court ruled. “It merely changes the interval from three to four years, keeping elections regular and predictable.” — Erika Mae P. Sinaking
Lacson back as Blue Ribbon chair
LEGISLATORS reappointed Senator Panfilo “Ping” M. Lacson as the head of the Senate Blue Ribbon Committee, as it resumes its probe into the multibillion-peso flood control scandal.
During a plenary session on Tuesday, senators voted to reinstate Mr. Lacson as the committee’s chair, following his resignation from the post last month.
Mr. Lacson resigned due to criticism from fellow senators on his handling of the chamber’s probe on anomalous flood projects.
He said earlier that some senators publicly and secretly pursued the narrative that he was “zeroing in” on their colleagues and protecting members of the House of Representatives.
The Senate is investigating irregularities in multibillion-peso flood control projects, following reports that lawmakers and officials received kickbacks from infrastructure funds allocated since 2022.
On the sidelines, he said that nineteen members of the lower house are set to be invited to the Senate’s next hearing on Nov. 14, Friday, including former House Speaker Martin G. Romualdez.
“We’re extending our invitation to Zaldy Co, asking if he could participate via Zoom,” he told reporters. “Of course, if he is abroad, as we all know, so his testimony will not be valid unless he is in the premises of the Philippine embassy.”
“If not, he can testify and then after his testimony, he can ask the content of his affidavit to be affirmed before a consul wherever he is,” Mr. Lacson added.
He said that he has no current communication with Mr. Co, with the invitation only being sent to his address.
Mr. Co and Mr. Romualdez had previously denied any hand in the multibillion-peso flood control scheme.
“After the session this afternoon, we’ll buckle down to work and then that includes sending invitations through the Office of the Speaker of the House of Representatives,” he added.
The Blue Ribbon Committee, one of the Senate’s most powerful investigative bodies, has historically handled high-profile corruption cases involving public funds and government contracts. Its findings often lead to administrative or criminal recommendations against public officials. — Adrian H. Halili
Senate unveils new website
THE Philippine Senate on Tuesday launched its redesigned and upgraded website, in a bid to ease transparency and accountability in the chamber.
“Today we are launching a new Senate website that strengthens the commitments we made as a democratic institution,” Senate President Vicente “Tito” C. Sotto III said in his address. “Notably the freedom of information, ease of access, transparency, and accountability to the Filipino people.”
He added that the redesigned website would make information easier to find, access, and understand.
Mr. Sotto said that it would also be easily accessed across all devices to navigate Senate documents, bills, and resolutions.
The platform would also allow the live broadcast of plenary sessions and committee hearings, and budget deliberations, that would enable the public to follow the proceedings.
“This is what freedom of information looks like in practice — giving citizens direct and convenient access to the work of their representatives,” he added.
The website also includes the Senate’s medical, social, and citizen support programs, among others. — Adrian H. Halili
Bill sets up migrant workers commission
A SENATOR has filed a bill seeking to create a commission that would handle labor disputes involving overseas Filipino workers (OFW), citing that migrant worker cases may be susceptible to backlogs or delays.
Senate Bill No. 1480, filed by Senator Rafael T. Tulfo, proposes the creation of a quasi-judicial body to resolve labor disputes arising from OFW employment contracts and violations of labor laws in the hiring, processing and termination of migrant workers.
“The National Labor Relations Commission (NLRC) processes over 30,000 cases each year, making OFW cases especially susceptible to delays and backlogs,” he said in a separate statement on Tuesday.
Mr. Tulfo said that the proposed agency will have jurisdiction over all cases involving Filipino migrant workers, both land-based and sea-based.
“Although the NLRC is a well-established and vital organization, its responsibility extends to both local and overseas workers, resulting in a substantial increase in caseloads,” he added.
He added that cases related to OFWs such as illegal termination, unpaid wages, and various contract disputes are primarily handled by the NLRC.
The proposed commission seeks to expedite the handling of OFW complaints, allowing them to avoid prolonged procedures.
“Reports indicate that this large volume of cases has caused considerable delays, adversely affecting OFWs in their pursuit of justice,” he added.
He said that the proposed commission will also be linked to the Department of Migrant Workers in handling OFW cases.
The senator added that the structural alignment aims to promote a more coherent, cohesive, and consistent governmental policy regarding overseas employment.
Mr. Tulfo said that the proposed commission institutionalize a more effective and responsive justice mechanism, “thereby enhancing the protection of Filipino migrant workers and their families.” — Adrian H. Halili
New 6th Infantry Division commander assumes post
COTABATO CITY — The new commander of Mindanao’s largest Army division Major Gen. Jose Vladimir R. Cagara took over its leadership on Tuesday, committing with leaders of two erstwhile Moro secessionist fronts to cooperate in community programs meant to sustain the gains of the national government’s Southern Mindanao peace process.
The chief of the Philippine Army, Lt. Gen. Antonio G. Nafarrete, officiated on Tuesday morning the assumption of Mr. Cagara as commander of the 6th Infantry Division (ID) at Camp Siongco in Barangay Awang in Datu Odin Sinsuat, Maguindanao del Norte, in the presence of Bangsamoro regional officials and local executives from across Maguindanao del Sur and Maguindanao del Norte provinces.
Mr. Cagara replaced Major Donald M. Gumiran, who was designated last month as chief of the military’s Western Mindanao Command, covering Region 9, parts of Region 12 and all the five provinces and three cities in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM).
Mr. Naferrete and Mr. Gumiran separately told reporters after the event that Mr. Cagara will reach out to officials of the Bangsamoro government and leaders of the Moro National Liberation Front (MNLF) and the Moro Islamic Liberation Front (MILF) and support their peacebuilding activities in Central Mindanao.
Bangsamoro Chief Minister Abdulraof A. Macacua said the MILF will willingly complement with essential programs of the 6th ID’s civil-military operations, focused on addressing security issues via multi-sector dialogues, in BARMM’s Maguindanao del Norte and Maguindanao del Sur provinces and in its regional capital, Cotabato City.
“Community dialogues to promote interfaith and cultural solidarity among all communities in these two provinces and in Cotabato City are the best means of maintaining law and order in these areas,” Mr. Macacua, who is chief of the MILF’s Bangsamoro Islamic Armed Forces, said.
The chairman of the MNLF’s central committee, BARMM Labor and Employment Minister Muslimin G. Sema, said all of their members in Central Mindanao will help implement all peace and security programs of 6th ID, with Mr. Cagara at its helm.
“We have a peace agreement with the national government that compels us to do so,” Mr. Sema said. — John Felix M. Unson