Gotianun-led Filinvest Development Corp. is consolidating its hotel and resort businesses by folding them into Filinvest Hospitality Corp. (FHC). In a disclosure to the Philippine Stock Exchange, Filinvest announced that its board of directors has approved the planned merger of nine wholly-owned...
The Philippine Stock Exchange index (PSEi) rose on Monday, Oct. 13, after investors picked up bargains as treasury yields dropped while the peso firmed up. The main index added 14.54 points, or 0.24 percent, to close at 6,052.33 on the strength of the services and mining sectors, as most of the...
The Department of Labor and Employment (DOLE) has stepped up its campaign in Surigao del Sur in a bid to build what ir described as a healthier and more empowered workforce through workplace-based family welfare programs promoting well-being, family planning, and social inclusion. The initiative...
State-run think tank Philippine Institute for Development Studies (PIDS) has urged the Philippine government to implement several key measures to ensure the success and sustainability of the circular economy (CE) transition. “The state’s desire to promote economic transformation and sustainable...
From October 9 to 10, the Subdivision and Housing Developers Association (SHDA) and the Department of Human Settlements and Urban Development (DHSUD) convened the 33rd National Developers Convention at the Makati Shangri-La in Makati City. Under this year’s theme, “ReCalibrate: Upgrading...
The Pasig Bigyang Buhay Muli (PBBM) Project, a flagship initiative of President Marcos has received international recognition after the United Nations named it one of the recipients of the 2025 Asian Townscape Award for excellence in urban design and sustainable development. The UN-Habitat...
The Philippine Stock Exchange index (PSEi) dropped on Friday, Oct. 10, despite the Bangko Sentral ng Pilipinas ’ (BSP) policy rate cut as investor sentiment continued to be dampened by the flood control corruption scandal, weak peso, and lower foreign direct investments (FDIs). The main index...
The Philippine Stock Exchange index (PSEi) pulled back on profit-taking before the Bangko Sentral ng Pilipinas announced a rate cut at the close of trading hours. The main index lost 41.34 points or 0.68 percent to close at 6,057.40 on Thursday, Oct. 9, although sectoral indices were equally split....
The local stock market improved on sustained bargain-hunting as investor sentiment was lifted by encouraging employment data. The main index added 14.91 points, or 0.25 percent, to close at 6,098.74 on Wednesday, Oct. 8. Miners led the advance, while Banks and Property counters offset gains. A...
Top Line Business Development Corp. is investing ₱385.12 million for its fuel importation and distribution businesses as it continues to expand its operations in the Visayas. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its board of directors has approved the additional...
The Philippine Stock Exchange index (PSEi) recovered some lost ground and rallied as the September inflation rate came in lower than expected. The main index jumped 83.51 points, or 1.39 percent, to close at 6,083.83 on Tuesday, Oct. 7, with banks leading the gains across the board. Volume rose to...
The Lucio Tan Group’s MacroAsia Corp. has started the construction of the ₱2-billion New Earth Iloilo Water Supply Project, which will augment Iloilo’s potable water supply and address the rising requirements of expanding communities and industries in the province. The project is being...
