Many Filipinos start their day with a cup of hot chocolate made from "tsokolate" or "tablea" which has a rich history and tradition. However, the traditional mixing process can be time-consuming, which led the Department of Science and Technology- Industrial Technology Development Institute...
The local stock market fell due to less than favorable US economic data which further supported growing concern that interest rate cuts are not coming soon. The main index plunged by 145.64 points or 2.09 percent as the Property sector led the retreat while the Mining and Oil counter was the only...
The local stock market moved sideways with a downward bias but managed to end a few points higher on late bargain-hunting. The main index inched up by 2.45 points or 0.04 percent to close at 6,967.96 although only Conglomerates and Property firms advanced. Volume rose further to 891 million shares...
Geologists from the University of the Philippines Diliman (UPD) have discovered evidence of gas hydrates in the Manila Trench. Bathymetric map of Luzon, including the Manila Trench, the North Luzon Trough (NLT), West Luzon Trough (WLT), Stewart Bank (SB), and Philippine Mobile Belt (PMB). (Photo...
The local stock market jumped on continued bargain hunting as sentiment was boosted by gains in the US. The main index rose by 85.92 points or 1.25 percent to close at 6,965.51 as the Property sector led the rally across the board. Volume grew to 700 million shares worth P6.47 billion as gainers...
At the core of the Trabaho Para sa Bayan (TPB) Plan will be the adaption of artificial intelligence (AI) tools to the skills of Filipino workers as the current market demands technological advancements. National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan said that the...
Amid accelerating inflation and subdued global markets, National Economic and Development Authority Secretary Arsenio M. Balisacan expressed openness to revising this year's economic growth target downward. Balisacan said that the Development Budget Coordination Committee (DBCC), an inter-agency...
The local stock market inched up mainly due to the jump in the share price of index heavyweight PLDT plus some bargain hunting. The main index added 7.35 points or 0.11 percent to close at 6,879.59 as the Services sector led with a 2.04 percent gain which offset the decline of Banks and...
Department of National Defense (DND) Sec. Gilberto Teodoro Jr. (below, third from right) and Armed Forces of the Philippines (AFP) Chief, Gen. Romeo Brawner Jr. (below, second from right) visit the northern frontier's maritime defense outpost in Mavulis Island in Itbayat, Batanes on Feb. 6, 2024....
The National Economic and Development Authority (NEDA) led the signing of the implementing rules and regulations (IRR) for the Republic Act 11962 or the Trabaho Para sa Bayan (TBP) Act. NEDA Secretary Arsenio M. Balisacan said on Tuesday, March 12, that before the signing, they first consulted with...
Various organizations expressed disapproval towards the increasing commercialization of the University of the Philippines Diliman's (UPD) campus areas, especially the “DiliMall,” as it puts certain community sectors at risk. Different sectors gathered in UP Old Tennis Court for the launching of...
The local stock market lost the bulk of last Friday’s gains after US bourses closed lower. The main index fell 69.97 points or 1.01 percent to close at 6,872.24 as the Property sector led the retreat across the board. Volume dropped to 507 million shares worth P3.76 billion as losers trounced...