The local stock market started the week lower after US bourses drop on concern that interest rates will soon go up. The main index dropped 24.21 points or 0.35 percent to close at 6,827.17 with Holding Firms leading the retreat while only the Property sector managed buck the trend. Volume fell to...
The National Economic and Development Authority (NEDA) said a strong macro-fiscal foundation is vital for economies to weather shocks, such as the coronavirus pandemic. During the virtual 2021 Asia-Pacific Economic Cooperation (APEC) Structural Reform Ministerial Meeting, Socioeconomic Planning...
The Cooperative Development Authority (CDA) on Friday, June 18 said it will conduct a review on cooperatives affected by the ongoing pandemic. CDA chairperson Usec. Joseph Encabo (Screenshot from PTV) Undersecretary Joseph Encabo, CDA chairperson, said the review will seek to determine what...
The local equities market weakened further as investors continue to pocket gains from a stalled rally. The PSEi dropped 36.54 points or 0.53 percent to close at 6,851.38 with only the Industrial and Services sectors advancing while the Property index led the retreat. Volume was lower at 2.25...
The World Bank will provide additional financing and grant to increase rural incomes as well as enhance farm and fishery productivity in the targeted areas in the Philippines. In a statement, the Washington-based multilateral institution said on Friday, June 18, that it approved $280 million...
The local stock market fell after investors lacked conviction to take it above the 7,000 level. The main index lost 85.43 points or 1.23 percent to close at 6,887.92 as share prices fell across the board led by the 2.56 percent drop of the Property counter. Volume jumped to 3.29 billion shares...
The Department of Science and Technology’s Philippine Council for Industry, Energy and Emerging Technology Research and Development (DOST PCIEERD) has extended P43 million worth of research and development grants to 14 startup firms. (DOST PCIEERD) DOST-PCIEERD Executive Director Dr. Enrico...
The local stock market was flat amid some profit-taking and portfolio rebalancing. PH STOCKS The main index shed 3.38 points or 0.05 percent to close at 6,973.35 with only the Financials and Property sectors managing to advance as the Mining and Oil counter led the decline. Volume rose to 5.22...
The Department of Science and Technology- Metals Industry Research and Development Center (DOST-MIRDC) launched and inaugurated Monday, June 14, the country’s first, world-class hub for additive manufacturing. Advanced Manufacturing Center (Photo from DOST) The Advanced Manufacturing Center, or...
Local share prices rose Tuesday, (June 15) further after government eased quarantine restrictions in the national capital region. The main index moved up by 59.24 points or 0.86 percent to close at 6,976.73 with only the Financials sector dipping on profit-taking. Volume was also higher at 5.13...
Barred from personally visiting public parks last year, over 250,000 Filipinos still got a taste of the pleasures of promenading Rizal and Paco parks by gluing themselves to their computers and other gadgets last year. The Commission on Audit (COA) has disclosed that the National Parks Development...
The World Bank has hailed the “exceptional performance” of Department of Social Welfare and Development’s (DSWD) Kapit-Bisig Laban sa Kahirapan - Comprehensive and Integrated Delivery of Social Services (KALAHI-CIDSS) National Community-Driven Development Program (NCDDP) in providing...
