Human resource development in the Philippines is undergoing a veritable revolution. The traditional approach to preparing the youth for employment through formal education in colleges, universities, or technical schools—normally leading to some academic degree and ordinarily accomplished through...
Filinvest Development Corp., the investment arm of the Gotianun Group, is setting a ₱24-billion capital expenditure (capex) budget for 2024, 20 percent more than the ₱20 billion allotted in 2023, so it can achieve a 20-percent growth for another record year. In a press briefing, FDC Chief...
The PSEi inched up on some bargain hunting as well as window-dressing with the first quarter about to end. The main index added 7.93 points or 0.13 percent to close at 6,147.44 with sector indices evenly mixed. Volume fell to 1.54 billion shares worth P3.41 billion as gainers outnumbered...
The National Innovation Council (NIC) has greenlit the creation of a think tank to prepare the Philippines for the emergence of artificial intelligence (AI). In a statement on Friday, March 28, the state planning agency National Economic and Development Authority (NEDA) said NIC last Wednesday,...
The local stock market resumed its downward trend after a minor pause the previous day as Trump's tariff pronouncements continue to unnerve investors. The PSEi lost 26.54 points or 0.43 percent to close at 6,139.51 although sector indices were equally divided. Volume dipped to 828 million...
The Philippine Stock Exchange index (PSEi) managed to stay above the red line on late bargain-hunting as investors start betting on a rate cut next month. The main index added 6.20 points or 0.10 percent to close at 6,166.05 as the Services sector led the advance while Conglomerates and...
Filinvest Development Corp. (FDC), the investment holding company of the Gotianun Group, reported a 36-percent jump in attributable net income to ₱12.1 billion last year from the ₱8.9 billion recorded in 2023, following a double-digit improvement across all business segments. In a disclosure to...
NTF-ELCAC Executive Director Usec. Ernesto Torres Jr. (Courtesy of RTVM) The National Task Force to End Local Communist Program (NTF-ELCAC) recommended to President Marcos Jr. on Wednesday, March 26, the inclusion of 280 barangays that were cleared of influence and threat from local terrorist...
BCDA President and CEO Joshua Bingcang The Bases Conversion and Development Authority (BCDA) has signed an agreement granting the Manila International Airport Authority (MIAA) a three-year option period to either purchase or continue leasing the 61-hectare Ninoy Aquino International Airport...
The Philippine Stock Exchange index (PSEi) declined for the third straight session as investors continue to fret over possible impact of Trump’s tariff plans. The main index shed 32.17 points or 0.52 percent to close at 6,159.85 as the Mining counter led losses while Property and Services managed...
Japan has reaffirmed its commitment to support the Marcos administration’s "Build Better More" program to help promote and strengthen the Philippines’ bid for an upper middle-income status country. (From left) Special Advisor to the Prime Minister Mori Masafumi and Japanese Ambassador to...
The PSEi fell at the close of a trading day shortened by almost two hours due to technical issues, as investor confidence continues to be buffeted by politico-economic issues overseas. The main index dropped 74.73 points, or 1.19 percent, to close at 6,192.02, with the retreat across the board led...
