After a single day bounce, Philippine share prices weakened again amid calls for a hard lockdown to prevent a surge that may be fuelled by the Delta variant. The main index lost 49.55 points or 0.76 percent to close at 6,473.03 as banks and Industrials led the drop across the board. Volume was...
Japanese Prime Minister Suga Yoshihide paid tribute to the "strong bond" between Japan and the Philippines on the occasion of the two country's 65 th anniversary of friendship and the 10 th anniversary of strategic partnership. In a video message released on Wednesday, July 28, 2021, the Japanese...
Local share prices rebounded after investors bought up stocks that have been sold down in the past week. The PSEi surged 149.97 points or 2.35 percent to close at 6,522.58 as the Property and Mining and Oil counters led the rally across the board. 22315 Volume remained weak though at 1.17 billion...
The Asian Development Bank (ADB) will provide a fresh funding support to the Philippine government that aims to help young Filipinos find quality jobs after the pandemic. In a statement, the Manila-based multilateral institution said that the ADB approved a $400 million policy-based loan to support...
More poor Filipino families and vulnerable communities having access to social protection programs is envisioned under a cooperation agreement that will be signed between the Department of Social Welfare and Development (DSWD) and the United Nations-Food and Agriculture Organization (UN-FAO) on...
The Department of Social Welfare and Development (DSWD) has begun augmenting the resources of the local government units (LGUs) to assist the tens of thousands of families from the country’s six regions affected by the southwest monsoon rains enhanced by typhoon "Fabian." Personnel of the...
The Department of Social Welfare and Development (DSWD) reported Monday, July 26, that more than 44,000 individuals or more than 11,500 families are currently taking temporary shelter in evacuation centers after southwest monsoon rains enhanced by typhoon “Fabian” caused flooding in many parts...
Philippine share prices continue to dive ahead of the President’s state of the nation address even as more new local cases of the Delta variant are reported. The main index fell 148.13 points or 2.27 percent to close at 6,372.61 as blue chip holding firms and banks led the sell-off. PSE-BGC-...
Senate President Vicente Sotto III on Monday said senators are poised to scrutinize the programs and projects of at least four government agencies in the upcoming debates on the proposed 2022 national budget. Sotto identified the agencies as the Departments of Health (DOH), Public Works and...
The Asian Development Bank (ADB) is preparing its funding support for the P345-billion Philippine National Railways’ (PNR) Calamba project. In a statement, the Manila-based multilateral financial institution said that funding for the 40.5 kilometer viaduct structures of PNR Calamba, also called...
More than one million individuals and families affected by the imposition of localized lockdowns in Visayas and Mindanao are expected to receive “special” cash assistance from the government, the Department of Social Welfare and Development (DSWD) announced on Monday, July 26. Department of...
The Department of Social Welfare and Development (DSWD) and the local government units (LGus) have so far provided more than P3.87-million worth of relief assistance to the families affected by flooding caused by monsoon rains and enhanced by typhoon “Fabian”. (DSWD-DROMIC Facebook page) The...
