The local stock market bounced with global bourses as the steep drop in the past days presented bargain-hunting opportunities. The main index added 30.79 points or 0.49 percent to close at 6,330.46 with the Property counter leading the advance although sectoral indices were evenly split. Volume was...
The House plenary hall (Contributed photo) The measure seeking to reorganize the National Economic and Development Authority (NEDA) into the Department of Economy, Planning and Development (DEPDEV), and reconstitute the NEDA Board into the...
The local stock market continued its descent as investors wait for positive catalysts while coming to terms with the prospect of fewer interest rate cuts this year. The main index dropped 43.43 points or 0.68 percent to close at 6,299.67 as Industrials led the decline while Miners and the Property...
Countries in Asia and the Pacific (APAC), including the Philippines, could suffer sluggish economic growth, with more people jobless and less productive if governments do not prepare for the mega changes in workforces. This warning came after Alex Ivaschenko and Helen Osborne, authors of an Asian...
Photo from Pixabay The Department of Social Welfare and Development (DSWD) has released the guidelines for the distribution of the First 1,000 Days (F1KD) conditional cash grants under the Pantawid Pamilyang Pilipino Program (4Ps), which will begin this January. The guidelines are outlined in...
Financial instability is casting a shadow over the future of higher education institutions (HEIs) in the country, according to a recent study by the Philippine Institute for Development Studies (PIDS). The study, titled "Financial Sustainability of Higher Education Institutions in the Philippines:...
The Philippine Stock Exchange index (PSEi) fell to a 6.5-month low on Monday, Jan. 13, dragged down by a strengthening US dollar and growing concerns over the pace of US Federal Reserve rate cuts. The main index plunged by 153.22 points or 2.36 percent to close at 6,343.10 as Conglomerates led the...
Minister Hsu Chia-ching (left) presents a congratulatory certificate to Taiwan-Philippines Educational Development Foundation Chairman Su Kuo-fang (right) The Taiwan-Philippines Educational Development Foundation held its fourth and fifth Board of Directors inauguration ceremony on January 12,...
Bases Conversion and Development Authority (BCDA) President and CEO Engr. Joshua M. Bingcang led the official signing of residential lease agreement with Forest Cabin lessee, Metro Pacific Investment Corp. Director Victorico Vargas. Also present at the event was BCDA Chairperson Hilario B. Paredes...
Development Bank of the Philippines (DBP) said it will request an extension of regulatory relief from the central bank, following its investments in the Maharlika Investment Fund (MIF), while the Land Bank of the Philippines (Landbank) does not see the need for it. On the sidelines of the 2025...
DBP President and Chief Executive Officer, Michael O. de Jesus, displays his “Top Leaders in Asia” award conferred by Malaysia-based MORS Group during awarding rites held recently in Bangkok, Thailand. State-owned Development Bank of the Philippines (DBP) President and Chief Executive...
The PSEi eased on thin trades on the last trading day of the week amid lack of cues from the US. The main index shed 15.25 points or 0.23 percent to close at 6,496.32 with Conglomerates leading the decline while Banks bucked the trend to post a decent gain. Volume was anemic at 1.04 billion shares...
