The National Economic and Development Authority (NEDA) introduced to international communities its approach using the Multidimensional Poverty Index (MPI) to gather data on poverty. During the UN General Assembly in New York on Sept. 20, NEDA Undersecretary Rosemarie G. Edillon emphasized the...
The local stock market jumped on follow through buying aided by lower oil prices. The main index surged by 91.10 points or 1.48 percent to close at 6,263.94 as the Property and Banking sectors led the rally across the board. Volume was heavy at 6.41 billion shares worth P35.16 billion...
The National Economic and Development Authority (NEDA) has welcomed the approval of the Public-Private Partnership (PPP) Act on its third and final reading. With 20 affirmative votes, the upper chamber on Monday, Sept. 25, passed the Senate Bill No. 2233, or the proposed PPP Act, which aims to...
The local stock market continues to recover lost ground as funds rebalance their portfolios while some investors buy up cheaper stocks. The main index rose 30.05 points or 0.49 percent to close at 6,172.84 with the advance led by Conglomerates although Miners were left behind. Volume jumped...
The Net Zero Carbon Alliance (NZCA), which is a pioneering collaboration of Philippine corporates and organizations that are genuine stewards for the environment and the planet, is calling on businesses to pursue veritable net zero goals and for them to veer away from ‘greenwashing’ duplicity....
The Bases Conversion and Development Authority (BCDA) is asking for the support of the Armed Forces of the Philippines (AFP) to pass a bill that would extend the corporate life of the state-owned firm. In a statement, Joshua M. Bingcang, BCDA president and chief executive officer, said the pending...
The Department of Social Welfare and Development (DSWD) on Saturday, Sept. 23, encouraged all Filipino families to observe this year’s "Kainang Pamilya Mahalaga Day" as part of the 31st National Family Week celebration. (DSWD / MANILA BULLETIN) The "Kainang Pamilya Mahalaga Day" will...
Senator Joseph Victor “JV” Ejercito is pushing for the institutionalization of a comprehensive master plan for the country's infrastructure development. Speaking at the Stratbase Forum titled "Revitalizing Infrastructure Development in the Philippines through Public-Private Partnerships" held...
The local stock market rose further after both US and Philippine policy interest rates were left unchanged by the central banks of the two countries. The main index added 48.08 points or 0.79 percent to close at 6,142.79 with Conglomerates leading all sectors forward. Volume declined to 1.09...
Vice President Sara Duterte is considering boosting the Philippines' relations with China through education and youth development. At the celebration of the 74th founding anniversary of the People's Republic of China, Duterte said she has taken "a particular interest in strengthening" the...
National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said they support the proposal to ban Philippine Offshore Gaming Operators (POGOs) in the country, stressing legitimate investments are encouraged over those that "promote negative externalities to society." NEDA...
The National Economic and Development Authority (NEDA) said it will discuss with President Marcos other ways to reduce the rising prices of rice instead of using a price cap. In a briefing on Thursday, Sept. 21, NEDA Secretary Arsenio M. Balisacan said the rice price ceilings imposed by the...
