Department of Education (DepEd) Secretary Sonny Angara on Tuesday, October 28, emphasized the need for long-term and systemic reforms in the country’s education sector as the agency appeared before the Second Congressional Commission on Education (EDCOM II) during a public hearing held at the...
The Philippine Stock Exchange index (PSEi) fell further on Monday, Oct. 27, on the weakness of the peso as well as lower market liquidity due to the giant Maynilad Water Services Inc. initial public offering (IPO). The main index dropped 52.46 points, or 0.91 percent, to close at 5,933.76. Miners...
Filinvest Land, Inc. (FLI) continues to take the lead in redefining energy efficiency in Philippine real estate by deploying advanced cooling systems in its flagship Festival Mall and in Quest Hotel Clark under Filinvest Hospitality. Executed through Philippine DCS Development Corporation...
Nearly 30,000 potential homebuyers are expected to attend the National Housing Expo as the Department of Human Settlements and Urban Development, Pag-IBIG Fund, key government shelter agencies, and private developers showcase housing opportunities at the World Trade Center in Pasay City on October...
The Philippine Stock Exchange index (PSEi) fell below the 6,000-point level as investor confidence was eroded by weaker peso and forecasts for slower economic growth. The main index dropped 65.94 points, or 1.1 percent, to close at 5,988.02 on Friday, Oct. 24, with mining stocks leading the...
To sustain the government’s ongoing relief and recovery efforts following recent disasters, the Department of Budget and Management (DBM) has released a total of ₱740.8 million to replenish the Quick Response Funds (QRF) of concerned agencies. In a statement, Budget Secretary Amenah Pangandaman...
The Philippine Economic Zone Authority (PEZA) is partnering with the Home Development Mutual Fund, otherwise known as Pag-IBIG Fund, to provide affordable housing for PEZA employees and the broader ecozone workforce in the country. In a statement, PEZA Director General Tereso Panga said the...
At the 33rd National Developers Convention, Dr. Marife Ballesteros, vice president of the Philippine Institute for Development Studies (PIDS), discussed the impact of demographic changes on the housing sector in the Philippines and provided policy recommendations. In her presentation, Dr....
Bargain hunters pushed the Philippine Stock Exchange index (PSEi) higher on Thursday, Oct. 23, despite the continued weakness of the peso. The main index increased by 23.09 points, or 0.38 percent, to 6,053.96. Sectoral indices were evenly mixed. Volume dropped to 1.42 billion shares worth ₱4.8...
Metro Manila West Zone concessionaire Maynilad Water Services Inc. began its capital-raising exercise Thuesday, Oct. 23, with its ₱34.33 billion initial public offering (IPO) open for subscription until Oct. 29, 2025. Maynilad fixed its IPO share price at ₱15 on Oct. 20. The water...
The Philippine Stock Exchange index (PSEi) declined, tracking a retreat in the peso and gold prices. The benchmark PSEi shed 62.66 points, or 1.03 percent, to close at 6,030.87. Mining shares led the retreat, with only conglomerates managing to hold ground. Volume increased to 12.06 billion shares...
Ayala Corp.’s $100-million blended finance deal for electric mobility was named the Philippines’ Transport Deal of the Year in The Asset Triple A Sustainable Infrastructure Awards 2025. The financing for Ayala subsidiary ACMObility came from the Asian Development Bank (ADB) and Canadian...
