The Philippine Stock Exchange index (PSEi) dropped as investors continue to cash out of the market due to the coming holidays. The main index lost 51.52 points or 0.79 percent to close at 6,469.23 as the Property sector led the retreat while Banks bucked the trend. Volume rose to 1.99 billion...
Entering the Philippine market with a burst of flavor is the Taiwan Pork initiative, featuring its premium pork products. This endeavor is supported by the Taiwan Ministry of Agriculture and Commerce Development Research Institute (CDRI) of Taiwan. The initiative not only aims to bring high-quality...
Efficient implementation of catch-up plans has positioned the Marcos administration to exceed its infrastructure spending target for this year, data from the Development Budget Coordination Committee (DBCC) showed. The DBCC, an inter-agency body responsible for setting the government’s...
The local stock market was flat as investors continued to take cash out due to the coming long Christmas holiday. The main index shed a marginal 0.52 points to close at 6,520.75 with sectoral indices equally divided. Volume improved to 1.15 billion shares worth P6.32 billion as gainers outnumbered...
After a sluggish start, local shares rose following some positive economic news. The main index added 45.77 points or 0.71 percent to close at 6,521.27 as Banks led the charge although Conglomerates and Miners retreated. Volume was thinner though at 748 million shares worth P4.37 billion as...
The Department of Social Welfare and Development (DSWD) conducted its "Oplan Pag-Abot sa Pasko" program were it assisted 274 members of the Aeta community from Capas, Tarlac. DSWD / Manila Bulletin In a statement on Monday, Dec. 18, DSWD Secretary Rex Gatchalian said the activity is in line with...
The implementation of financial literacy programs would help overseas Filipino workers (OFWs) maintain their financial resources over the long term, particularly as many of them are aiming to retire early, a study by the Philippine Institute of Development Studies (PIDS) revealed. In a study titled...
Despite financial constraints and challenges, Jeraldyn Bansale, a former monitored child from the Bajau indigenous community in Leyte, graduated with a Bachelor of Science in Business Administration (BSBA) degree. Jeraldyn Bansale, a former monitored child from the Bajau indigenous community in...
The local stock market ended a few points down as investors started to take profits after US Federal Reserve officials cooled down rate cut expectations. The main index shed 2.94 points or 0.05 percent to close at 6,475.50 as sectoral indices were evenly split. A total of 602 million shares changed...
The Development Budget Coordination Committee (DBCC) has increased its government revenue projection for this year due to stronger-than-expected collections and higher income from the customs and treasury bureaus. The DBCC, an interagency body responsible for setting the government’s...
Filinvest-ENGIE Renewable Energy Enterprise, Inc. (FREE) and Philippine DCS Development Corp. (PDDC) will undertake four sustainable energy projects focused on solar energy and eco-friendly cooling systems. In a statement, FREE and PDDC said the projects will bring a combined 13.68 megawatts (MW)...
The Development Budget Coordination Committee (DBCC) has maintained the government's economic growth target for the year and has marginally adjusted its forecast for next year. The DBCC, an inter-agency body tasked with determining the government’s macroeconomic assumptions, kept its gross...
