Senator Grace Poe called for the urgent passage of a transportation safety bill amid the increasing number of deaths and injuries due to road mishaps that will be tasked to probe these incidents. Senator Grace Poe "Lives are lost and injuries are sustained daily by motorists for reasons that could...
Photo shows DBP Senior Vice President Mario Rey T. Morales (second from left), DBP Senior Vice President Ana Marie E. Veloso (third from left), DBP Vice President Raquel C. Atienza (third from right), and DBP Senior Assistant Vice President Maria Eliza C. Galvan (second from right) receiving the...
The PSEi only made a small gain even after the US Federal Reserve gave a clearer target for its rate cuts this year. The main index added 10.01 points or 0.16 percent to close at 6,323.13, as the mining sector surged on higher gold prices, while banks retreated. Volume declined to 1.06 billion...
The PSEi regained the previous day’s loss despite weaker US and regional bourses, as investors continued to pick up cheaper Philippine stocks. The main index added 28.44 points or 0.45 percent to close at 6,313.12, as banks led the advance, while services and miners retreated. Volume rose further...
The Philippine Stock Exchange index (PSEi) weakened towards the end of the trading day on Tuesday, March 18, as investors decided to pocket gains made in the past few sessions. The benchmark index lost 21.51 points or 0.34 percent to close at 6,284.68, as the services sector led the retreat, while...
A total of 12 Department of Social Welfare and Development (DSWD) projects, including the Ayuda sa Kapos ang Kita Program (AKAP), have been granted exemption by the Commission on Elections (Comelec) from the ban on the release of public funds ahead of the May 2025 midterm elections. Commission on...
Top Line Chairman, President and CEO Eugene Erik C. Lapasaran Lim Cebu-based fuel distributor Top Line Business Development Corp. (Top Line) has set the final price for its initial public offering (IPO) at ₱0.31 per share, lower than the adjusted indicative price of ₱0.38 per share. Based...
The Philippine Stock Exchange index (PSEi) notched up another gain after investor sentiment got a boost from news that China is taking steps to increase consumption. The main index added 12.08 points or 0.19 percent to close at 6,306.19 on Monday, March 17, although only conglomerates and services...
DAVAO CITY – The Mindanao Development Authority (MinDA) has strongly objected to a political analyst's recent comparison of Mindanao’s human development status to that of Sub-Saharan African countries. “I come from the north of the country where our human development index is almost at the...
Officials from the Department of Public Works and Highways (DPWH) and the Asian Development Bank (ADB) hold a consultative meeting on March 13, 2025, to discuss flood control initiatives in major river basins nationwide. (Photo: DPWH) Officials of the Department of Public Works and Highways (DPWH),...
The local stock market continued to firm up as investors pick up bargains on hopes of earlier rate cuts after both US and Philippine inflation rates eased. The main index hiked 52.04 points or 0.83 percent to close at 6,294.11 with the Property sector leading the advance while only Conglomerates...
To increase government revenues, tax authorities such as the bureaus of Internal Revenue (BIR) and of Customs (BOC) in the Philippines should set their sights on bigger enterprises and other entities that are difficult to tax, according to an Asian Development Bank (ADB) report. “Focus on larger...
