DBP Chairman, Dante O. Tiñga (seated, center), and DBP President and Chief Executive Officer, Michael O. de Jesus (seated, second from left), are shown during the loan agreement signing between DBP and Pueblo De Oro Development Corporation. Also in photo are (seated, from left): Pueblo...
The Technical Education and Skills Development Authority (TESDA) is eyeing to build a technical vocational education and training (TVET) innovation center inside the Clark Freeport Zone in Pampanga. Photo courtesy of TESDA In a statement, the agency said that TESDA Secretary Suharto T. Mangudadatu,...
Only a third (33.6%) of Philippine firms are active in innovation with agriculture consistently ranked lowest in innovation, based on a study by the Philippine Institute for Development Studies (PIDS). The 2021 PIDS Survey of Innovation Activities authored by Senior Research Fellows Jose Ramon...
The drop in US stock prices continued to weigh on local investor sentiment, pushing the PSEi below the 6,300 level as the trading week ended. The main index lost 74.70 points or 1.17 percent to close at 6,290.27 as Banks led the retreat while the Mining and Oil counter bucked the trend. Volume...
The local stock market weakened again after sentiment was dampened by statements made by the US Federal Reserve. The main index dropped 45.12 points or 0.70 percent to close at 6,364.97 as Conglomerates led the decline with only the Services counter managing to hold its ground. Volume...
Senate Majority Leader Joel Villanueva has urged the government to step up efforts to reskill and upskill Filipinos to give them wider employment opportunities. Senate Majority Leader Joel Villanueva (Senate PRIB Photo) During the briefing of the Development Budget Coordinating...
Senator Francis Tolentino has sought the modernization of the five-decade old Philippine Aerospace Development Corporation (PADC) that supposedly aims to establish a reliable aviation and aerospace industry in the country. Tolentino, vice chairman of the Senate Committee on National Defense...
The government should come up with a comprehensive contingency plan to ensure rice supply in the country is sufficient and will counter its rising price. National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan attends the Development Budget Coordinating Council's (DBCC)...
The domestic electric vehicles (EV) market is expected to grow a conservative 30 percent on strong adoption by motorists amid the influx of new models at relatively affordable price range. Patrick T. Aquino, director at the Department of Energy Utilization Management Bureau (EUMB), said during a...
The local stock market finally made a stronger bounce as funds picked up cheaper blue chips late in the session. The main index rose by 74.18 points or 1.17 percent to close at 6,410.09 as the Mining and Oil sector led the advance although Banks lagged behind. Volume dropped to 385 million...
Late buying nudged up the Philippine Stock Exchange (PSE) benchmark index as investors picked up bargains following steep losses in past days. The main index inched up by 6.72 points or 0.11 percent to close at 6,335.91 as the Services sector did the heavy lifting while the Industrial and Mining...
The Gotianun family’s investment arm Filinvest Development Corporation (FDC) and property development unit Filinvest Land Inc. posted higher earnings for the first half of 2023. In a disclosure to the Philippine Stock Exchange, FDC reported a 77 percent jump in attributable net income to P3.9...
