The Philippines’ chief economist has conceded that the country may not be able to achieve the eight-percent upper end of its 2025 growth target due to lingering global uncertainties, including the reciprocal tariffs United States (US) President Donald Trump slapped on its imports. “The eight...
The local stock market rose at the start of the three-day trading week as bargain hunters were emboldened by gains in US bourses last Friday. The main index jumped by 63.08 points or 1.04 percent to close at 6,145.52 as the Services sector led the advance with only Banks in the red. Volume...
Senator Sherwin Gatchalian is batting for the full and effective implementation of the Parent Effective Service Program (PES) Act, also known as Republic Act (RA) No. 11908, to help curb bullying in schools. Senator Sherwin Gatchalian Gatchalian made this call during a public hearing on recent...
Businessman Francis Lloyd Chua’s Premiumlands Corporation (PLC) and Industrial Holdings and Development Corporation (IHDC) have finally kicked off the P255 million tender offer for a third of the capital of Asiabest Group International Inc. held by the public. In a disclosure to the...
How does Senator Francis Tolentino craft legislation that ensures the effective delivery of services to the people? Senate Majority Leader Francis Tolentino The answer is simple: experience. Tolentino says he draws from his learnings during his stints as Tagaytay City mayor and Metro Manila...
The government has officially transformed the National Economic and Development Authority (NEDA) into the Department of Economy, Planning, and Development (DEPDev) after President Marcos signed Republic Act (RA) No. 12145 on April 10. File photos Under RA 12145, known as the Economy, Planning, and...
Private-sector investors, especially foreigners, have grown hesitant to enter public-private partnership (PPP) projects in the Philippines due to political interference in contract pricing and delays in government compensation to private partners, according to the Asian Development Bank...
The local stock market ended the last day of a volatile week almost flat despite the expected rate cut by the Bangko Sentral ng Pilipinas as investors held on to cash in case Trump pulls more surprises this week. The main index eked out a 4.62 points or 0.08 percent gain as Miners and Banks carried...
Trump’s decision to delay and reduce tariffs spurred the market to rally further, although profit-taking trimmed some gains. The Philippine Stock Exchange index (PSEi) jumped 71.48 points or 1.19 points to close at 6,077.82 on Thursday, April 10, with Miners leading the charge. Volume...
House Speaker Martin Romualdez (left), President Ferdinand "Bongbong" Marcos Jr. (Facebook) President! Marcos' move of allocating P1 billion for the the construction of Child Development Centers (CDCs) in 328 low-income local government units...
The World Bank would greenlight a $700-million (over ₱40-billion) loan for the Philippines in July, aimed at making local communities more resilient to natural disasters. According to a World Bank appraisal project information document dated April 8, the objective of the upcoming Philippines...
The Bangko Sentral ng Pilipinas (BSP) is expected to finally push through with its much-awaited reduction in key interest rates to protect the economy from the likelihood of a wider negative outlook gap, no thanks to United States (US) President Donald Trump's reciprocal tariffs. In an April 4...
