The local stock market succumbed to profit-taking after the PSEi rallied by almost 420 points from its bear market crash last Friday. The main index shed 39.11 points or 0.62 percent to close at 6,241.97 as the Property sector led the correction while the Industrial and Mining counters continued to...
photo: Commission on Population and Development (CPD) The exposure to social media contents discussing the complexities of married life and the high cost of marriage ceremony are scaring more young Filipino couples to seal their relationships with wedding...
The local stock market rallied for a second day on Wednesday, Feb. 5, on optimism that interest rates would soon be cut after January's inflation rate fell within target. The benchmark Philippine Stock Exchange index (PSEi) jumped 192.02 points, or 3.15 percent, to close at 6,281.08, led by the...
(Left) Scubasureros documenting their first dive beneath the Therma Visayas jetty. The divers hope to raise awareness about the importance of conserving marine life to divers and non-divers alike. (Right) A Therma Visayas team member participates in a tree planting activity inside the power plant....
The Philippine stock market rebounded, surpassing the 6,000 mark on Tuesday, Feb. 4, after the US postponed new tariffs on imports from Canada and Mexico. The benchmark index jumped 206.02 points, or 3.50 percent, to close at 6,089.06, led by gains across the services sector. Trading volume reached...
State-owned Development Bank of the Philippines (DBP) must provide strong justification for its appeal to extend regulatory relief, according to a senior Bangko Sentral ng Pilipinas (BSP) official. Speaking to reporters on the sidelines of a two-day media information session in Baguio City, BSP...
The local stock market started with a strong bounce but lost most of its intraday gains as investors worry about the impact of steep tariffs the US will be slapping on imports from Canada, Mexico, and China. The main index added 20.45 points or 0.35 percent to close at 5,883.04 with property firms...
READY TO SHOOT Bacolod filmmakers at the BFF 2024 Directors' Forum Bacolod City Government officials and Negrense filmmakers met with the Film Development Council of the Philippines and global creative industries research organization Olsberg•SPI to discuss the development of a strategic...
President Marcos has issued Executive Order (EO) No. 82, reinforcing the Regional Development Councils (RDCs) to accelerate socioeconomic growth across all regions. In his EO, signed by Executive Secretary Lucas Bersamin on Jan. 28, the President said the move is aligned with the Philippine...
Amid criticisms against the enacted budget of 2025, President Marcos urged public officials, who graduated from the Development Academy of the Philippines (DAP), to help his administration ensure that the budget given to the offices they belong to is spent wisely. President Ferdinand 'Bongbong'...
The Philippine Institute for Development Studies (PIDS) recently released a study showing that aging populations, shrinking household sizes, and evolving family dynamics are affecting housing demands. The study, “Demographic Trends and Housing Patterns in The Philippines” also underscored...
The local stock market dropped further after the US Federal Reserve decided not to cut interest rates due to inflation. The main index lost 45.81 points or 0.74 percent to close at 6,107.66 with Miners and Conglomerates seeing the biggest losses while Property and Services managed to advance....
