Share prices recovered as investors position ahead of the inauguration of US President Donald Trump. The main index jumped 86.60 points to 1.38 percent to close at 6,352.12 as Banks led the advance across the board. But volume declined to 994 million shares worth P4.93 billion as gainers...
Zobel-led Ayala Corporation has entered into a partnership with the UP Engineering Research and Development Foundation Inc. (UPERDFI) to advance collaboration and capability building on artificial intelligence (AI) and data science. In a statement, Ayala said the partnership seeks to support the UP...
The cool mountain air of Baguio City carries a renewed sense of optimism as Camp John Hay, the former US military base nestled in the heart of the city, embarks on a transformative journey. After a protracted legal battle, the state-run Bases Conversion and Development Authority (BCDA) has...
The PSEi resumed its downward trek after a small bounce the previous day as late selling wiped out gains made due to US inflation numbers coming within expectations. The main index dropped by 64.94 points or 1.03 percent to close at 6,265.52 as Banks led the retreat with only Miners advancing....
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,...
