The local stock market plunged as investors turned jittery after Iran attacked Israel with hundreds of missiles. The main index fell 96.96 points or 1.46 percent to close at 6,562.43 as Conglomerates led the retreat while the Mining sector bucked the trend. A total of 612 million shares worth P5.58...
With $1.5 million funding from the United States Agency for International Development (USAID), the Philippine government - with the Department of Energy (DOE) in the lead - has established a centralized energy command hub that will be primarily activated in times of disasters, power system failures...
The local stock market remained below its 6,700 support level as investors continue to sell amid rising exodus of later and less interest rate cuts this year. The main index lost 18.26 points or 0.27 percent to close at 6,659.39 although only the Property and Holding Firms sectors dropped. Volume...
Ilocos Norte 1st district Rep. Sandro Marcos (Facebook) Ilocos Norte 1st district Rep. Sandro Marcos happily posted on Facebook about the number of people that his office has helped under the Department of Social Welfare and Development's...
The local stock market fell again as investor sentiment has been dampened by dashed rate cut hopes amid rising inflation. The main index dropped 63.42 points or 0.94 percent as the Property sector led the retreat although Banks and Miners advanced. Volume rose to 747 million shares worth P6.71...
The Department of Social Welfare and Development (DSWD) said on Thursday, April 11, that 25,904 families enrolled in the Pantawid Pamilyang Pilipino Program (4Ps) have achieved self-sufficiency and graduated from the program. The 4Ps graduates were honored at the “Pugay Tagumpay” graduation and...
The Philippines is eyeing to firm up collaboration and prospective private sector partnerships with the United States for targeted deployment of next-generation geothermal technologies in the country. According to Energy Secretary Raphael P. M. Lotilla, the Philippines will “identify advances...
Filinvest Development Corporation (FDC), the investment holding company of the Gotianun family, expects its profits to reach or exceed the pre-pandemic (2019) level this year in line with the domestic economy’s continued growth. In an interview, FDC President and CEO Rhoda A. Huang said...
SM Development Corporation (SMDC), the residential business unit of the SM Group’s SM Prime Holdings Inc., is looking towards the provinces which offer the company strong growth potential because many areas still remain unserved. SM Investments Corporation President and CEO Frederic C. DyBuncio...
ILOILO CITY – The Department of Tourism (DOT) has rolled out the five-year National Tourism Development Plan (NTDP) for Visayas stakeholders in this city. TOURISM Secretary Christina Garcia Frasco presents the 2023-2028 National Tourism Development Plan for Visayas stakeholders in Iloilo City....
The local stock market extended its losing streak but some bargain-hunting helped the PSEi to recover most of the day’s losses. The main index shed 4.39 points or 0.07 percent to close at 6,741.07 with sectoral indices evenly divided. Volume was low at 572 million shares worth P4.26 billion as...
Repower Energy Development Corp. (REDC) and the National Irrigation Administration (NIA) signed a memorandum of understanding (MOU) for possible hydropower facilities in Quezon, Camarines Sur, and Bohol. In a statement, REDC said that the hydropower unit of Pure Energy Holdings Corp. has received...
