Makati Development Corporation (MDC), the construction arm of Ayala Land, continues to pursue exciting innovations in sustainable construction by unveiling the Philippines' first electric (EV) cement mixer, EV trailer tractor, and EV charging station for heavy equipment, revolutionizing operations...
Citihome Builders and Development Inc. (CBDI) CEO and President Rosie Tsai, Architect Joel Luna, CBDI Executive Vice President John Philip Wang lead the toast during the launch of Paseo de Lipa township development. With the recent launch of Paseo de Lipa, families and their kinship ties can come...
The Marcos administration aims to lift more Filipinos above the poverty line by reducing the volume of poor individuals to 13.2 percent or lower this year, deflating by 2.3 percent from 2023. “With the robust labor market performance and inflation deceleration in 2024, we expect to see...
Albay 2nd district Rep. Joey Salceda (Facebook) The impending institutionalization of the Department of Economic Planning and Development (DEPDev) fulfills a key mandate of the Constitution after nearly four decades. Thus, said Albay 2nd...
The local stock market was pulled up by bargain hunters as rising US equities boosted investor sentiment. The main index added 30.52 points or 0.48 percent to close at 6,378.86 as Banks led the advance while Property and Services lagged behind. Volume dipped to 904 million shares worth P4.09...
President Marcos has extended his well-wishes to the outgoing Asian Development Bank (ADB) president Asakawa Masatsugu for fostering the relationship between the Philippines and the ADB during his tenure. President Ferdinand 'Bongbong' Marcos Jr. conferred the Order of Sikatuna on outgoing Asian...
The Philippine Stock Exchange index (PSEi) managed to eke out a small gain mainly due to the Services sector as investors remain cautious while US President Donald Trump unveils more economic policies. The main index added 8.13 points or 0.13 percent to close at 6,348.34 with only the Services...
Cebu-based fuel retailer Top Line Business Development Corporation is again eyeing an initial public offering (IPO) but has significantly reduced the offer size to P900 million from P3.16 billion. In a statement, the firm said it optimized its total issued and outstanding common shares for its IPO...
State-run Bases Conversion and Development Authority (BCDA) has partnered with PhilTower MIDC to enhance digital connectivity across its properties, including Bonifacio Global City, New Clark City, and Morong Discovery Park. In a statement on Wednesday, Jan. 22, Joshua M. Bingcang, BCDA president...
A comprehensive database on the Philippine infrastructure system and its most urgent demands is necessary for guiding infrastructure investments, according to a recent study by the Philippine Institute for Development Studies (PIDS). The study titled “Transport Infrastructure in the Philippines:...
The local stock market slipped a little in a muted reaction to the Trump inauguration as Monday was also a holiday in the US. The main index dipped by 9.68 points or 0.15 percent to close at 6,340.21 as Miners led the retreat while Conglomerates and Property firms managed to advance. Volume was...
The local stock market traded flat as investors wait for cues from the inaugural speech of US President Donald Trump. The main index shed just 2.23 points or 0.04 percent to close at 6,349.89 with sectoral indices equally divided although the Property counter saw a big drop. Volume was thin at 1.54...
