It is crunch time for the Metropolitan Waterworks and Sewerage System-Regulatory Office (MWSS-RO) in terms of looking into the tariff impact of pending water project proposals — such as Manila Water's P14-billion Laguna Lake East Bay project — and securing the public approval for these. (MWSS /...
The local stock market posted a small gain yesterday on quarter-end window-dressing. The Philippine Stock Exchange index (PSEi) added 22.63 points, or 0.39 percent, to close at 5,864.23 although the Financials and Industrial counters retreated. Volume remained weak at 1.07 billion shares worth...
Local stock prices weakened yesterday as investors continue to wait for market moving news. The Philippine Stock Exchange index (PSEi) dropped 19.79 points, or 0.34 percent ,to close at 5,841.60 with sectoral indices evenly split between advancers and decliners. Volume was slightly higher at...
The local stock market was flat again Wednesday as investors lack reason to aggressively buy or sell stocks amid so much uncertainty. The Philippine Stock Exchange index (PSEi) shed 1.56 points ,or 0.03 percent, to end at 5,892.72 with only the Industrial and Holding Firms counters in the...
The local stock market declined on Tuesday despite some late bargain hunting. The Philippine Stock Exchange idex (PSEi) dropped 15.04 points, or 0.26 percent, to 5,894.28 with only the Holding Firms and Services sectors steady. Volume remained low at 4.4 billion shares worth ₱4.63 billion as...
Mindanao is planning to restrict the entry of imported agricultural products, including rice, as one of the strategies to restart the region’s economy during the pandemic. Mindanao Development Authority (MinDA) Chair Emmanuel Piñol (MARK...
Clark Freeport -- Home of the Brave (Photo courtesy of Quest Hotel) Assuming that the Inter-Agency Task Force poses no objection, a 350-man Philippine Basketball Association entourage — from members of the 12 ball clubs, league officials, technical staff and medical personnel to a TV crew and a...
The National Economic and Development Authority (NEDA) said the rural areas are minimally affected by the pandemic compared to larger cities like Metro Manila and Cebu....
Asian Development Bank (ADB) yesterday assured developing economies in the Asia and the Pacific of its support in achieving their recovery goals from the COVID-19 pandemic. Masatsugu Asakawa, ADB president (Photo credit: https://www.adb.org) Masatsugu Asakawa, ADB president said the...
The Asian Development Bank (ADB) said it is establishing a regional hub to promote knowledge sharing and strengthen cooperation on tax policy and tax administration among the Asia and the Pacific economies and their development partners. Masatsugu Asakawa, ADB...
The Filinvest group sees the need for government stimulus, continued private sector investments, and renewed consumer confidence to jumpstart the economy that has been derailed by the pandemic. Filinvest Development Corporation President and CEO Josephine Gotianun Yap (Photo credit:...
Manila dropped 10 notches to 104th from 94th in 2019, finishing fifth to the last among 109 countries in the 2020 Smart City Index on concerns of road congestion, corruption, health care, air pollution, and unemployment. As a result, the Philippines’ largest city’s rating also decelerated to...