The local stock market dropped further as the peso weakened prior to expected rate cuts in the US and by the Bangko Sentral ng Pilipinas. The main index lost 32.63 points or 0.50 percent to close at 6,469.08 as Banks continue to lead the retreat while Industrials and Services bounced. Volume was...
State-run Bases Conversion and Development Authority (BCDA) and John Hay Management Corporation (JHMC) partnered with Stern Real Estate and Development Corp. to ensure business continuity and boost economic development in Camp John Hay, Baguio City. Stern operates the renowned Le Monet Hotel and...
The National Economic and Development Authority (NEDA) Board, chaired by President Marcos, has approved the implementation of a free trade agreement with South Korea and two major infrastructure projects totaling P63.2 billion. In a statement on Tuesday, Dec. 17, NEDA Secretary Arsenio M. Balisacan...
The Senate approved on Monday, December 16, the Economy, Planning, and Development Act, which elevates the National Economic and Development Authority (NEDA) into a full-fledged department under the name Department of Economy, Planning, and Development (DEPDev). Sen. Juan Miguel “Migz” Zubiri...
The local stock market fell on strong foreign selling as investors wait for the US Federal Reserve and Bangko Sentral ng Pilipnas' (BSP) last policy meetings for the year. The main index plunged by 113.45 points or 1.72 points to close at 6,501.71 with Banks leading the retreat across the board....
The Senate has approved on third and final reading the bill that seeks to improve the quality and delivery of early childhood care and development (ECCD) services. Sen. Sherwin Gatchalian lauded the latest development saying Senate Bill No. 2575 or the Early Childhood Care and...
The local stock market ended flat as investors continue to wait for the policy meetings of both US Philippine central banks. The main index shed 1.35 points or 0.02 percent to close at 6,615.16 with the Mining sector suffering the biggest loss while Banks and Conglomerates advanced. Volume declined...
First Lady Louise Araneta-Marcos, together with Department of Social Welfare and Development (DSWD) Secretary Rex Gatchalian, DSWD Undersecretary for Innovations Edu Punay, and DSWD Undersecretary for Operations Pinky Romualdez, served nutritious, specially prepared meals to families, children, and...
Creating a safer digital space for all means ensuring no one is left behind. A new community-based program is bridging the digital divide by providing senior citizens with the tools and knowledge to confidently embrace technology and protect themselves online. The SM Group, through SM Development...
The local stock market ended the week lower as investor sentiment was weighed down by the decline in US bourses. The main index dropped 24.84 points or 0.37 percent to close at 6,616.51 as Conglomerates fell although sectoral indices were evenly mixed. Volume declined to 1.2 billion shares worth...
The Asian Development Bank (ADB) has approved a $30 million loan to support the government’s public-private partnership (PPP) projects, aiming to bolster infrastructure development, advance climate action, and enhance economic competitiveness. In a statement on Friday, Dec. 13, the Manila-based...
Senators on Thursday, Dec. 12, approved on second reading the bill reorganizing the National Economic and Development Authority (NEDA) into the Department of Economy, Planning and Development (DEPDev). Senator Juan Miguel “Migz” Zubiri, chairperson of the Senate Committee on Economic Affairs,...
