The local stock market rose as bargain hunters picked up shares late in the session on the back of gains in the US. PSE file photo The main index rose 52.06 points or 0.81 percent to 6,495.15 with only the Property sector retreating. Volume dropped to 1.85 billion shares worth P5.36 billion as...
San Miguel Corporation (SMC) is stepping up its ongoing food assistance program for poor communities affected by stricter quarantine protocols by extending it to nearby provinces beyond Metro Manila such as Cavite and Laguna. In a statement, SMC President Ramon S. Ang said that, as soon as delivery...
The Development Bank of the Philippines (DBP) granted a P100-million revolving credit line to Centro Manufacturing Corporation (CMC) to finance its assembly of truck bodies, automotive parts and accessories. The loan will support the production of 3,000 units of various types of trucks and...
The local stock market fell as investors cashed out ahead of the uncertainties that shroud the long weekend. Photo credit: PSE file. The main index dropped 102.46 points or 1.57 percent to close at 6,443.09 as share prices fell across the board. Volume improved but remained low at 2.4 billion...
Angel Locsin Actress Angel Locsin has reacted once again to a recent statement of President Duterte who revealed about his struggles to manage the pandemic. On Instagram, Locsin shared her two cents about Duterte's "naubos na ang luha ko" remark. "With all due respect to your feelings for our...
GOVERNANCE MATTERS Former Vice President Jejomar Binay Over the weekend, the government placed Metro Manila and four adjacent provinces, what the Inter-Agency Task Force (IATF) refers to as NCR Plus, under Enhanced Community Quarantine (ECQ) status - a softer, benign term for a hard lockdown –...
President Rodrigo Duterte’s recommendation to increase the Minimum Access Volume (MAV) for pork by 350,000 metric tons (MT) will result in losses on the part of consumers and local hog raisers, a group said. In a statement, Samahang Industriya ng Agrikultura (SINAG) Chair Rosendo So said...
Philippine Coconut Authority (PCA) Administrator Benjamin Madrigal assured that the farmers’ representatives that will join the reconstituted PCA Board will be selected solely by farmers without the influence of the government. In a phone interview with Business Bulletin, Madrigal assured...
OF TREES AND FOREST Former Senate President Manny Villar The COVID-19 pandemic has turned our world upside down. It has changed the way we behave in our world. Walking around with face masks and shields, pouring alcohol on our hands every time we touch something, and our inability to do the most...
GOVERNANCE MATTERS Former Vice President Jejomar Binay As I write this column, Metro Manila, Bulacan, Cavite, Laguna, and Rizal have been placed under a “bubble” in an attempt to prevent a further surge in the number of viral infections caused by COVID-19. The Department of Health (DOH) has...
DoubleDragon Properties Corporation has moved at the last minute the listing of the initial public offering shares of its subsidiary DDMP REIT Inc. to March 24, 2021 from the original schedule of March 23. In a disclosure posted by the Philippine Stock Exchange in its website at past 7...
Enchong Dee once again took to social media to air his disappointment at the government. This time, he is harping on the economy's decay. He wrote, "No amount of lies can cover this today and in history..." As if anticipating backlash, Enchong provided a chart that shows the country's economic...