The Philippine Stock Exchange index (PSEi) on Monday, Oct. 6, fell after a three-day bounce as investors cashed in on recent gains ahead of the September inflation rate announcement on Tuesday, Oct. 7. The main index plunged 108.54 points, or 1.78 percent, to rest at 6,000.32. Conglomerates and...
Due to lingering global trade uncertainty, coupled with the Philippines’ weaker competitiveness, the Marcos administration’s economic team has cautioned that the country’s goods exports could face significant pressure this year. “Philippine goods exports face significant risks in 2025 from...
The Pasig City government gave due recognition to its barangays and city offices and departments which have displayed outstanding performance in promoting gender equality and development goals and initiatives. In the recently concluded Gender and Development (GAD) Summit 2025 spearheaded by the...
President Marcos has vowed that not a single centavo of public money will be wasted as his administration implements sweeping reforms to fast-track the country’s development programs and foreign-assisted projects. Marcos said this as Congress conducts budget deliberations amid ongoing...
State-run Bases Conversion and Development Authority (BCDA) is expected to welcome more investments from Japan following an agreement with the Japan Bank for International Cooperation (JBIC), focusing on the creation of new business opportunities for Japanese firms. In a statement on its website,...
Aside from lead cornerstone investors International Finance Corp. and Asian Development Bank (ADB), Maynilad Water Services, Inc. has signed cornerstone investment agreements with 10 more international and domestic institutions led by the UK’s Foreign, Commonwealth and Development Office, acting...
On the orders of President Marcos, the Development Academy of the Philippines (DAP) recently concluded its three-day training on Artificial Intelligence (AI) for directors and digital specialists in the government. The training, through DAP’s Center for Career Executive Service (CES)...
DAVAO CITY – The Mindanao Development Authority (MinDA) unveiled the Mindanao Development Tracker during the culmination of the Mindanao Development Forum (MDF) at Dusit Thani Residences here on Thursday, Oct. 2. The Mindanao Development Tracker is a unified monitoring platform designed to...
As the country reconsiders nuclear energy, the Department of Energy (DOE) is set to explore financing options in coordination with the Department of Finance (DOF), the Department of Economy, Planning and Development (DepDev), and the Maharlika Investment Corp. (MIC), among other agencies. In a...
To expedite the recovery of victims of recent calamities that have struck the country, the Department of Budget and Management (DBM) has released a total of ₱1.6 billion for the calamity funds of national government agencies. This amount has been used to replenish the quick response funds (QRFs)...
The Philippines is taking a step forward in its farm modernization initiatives through an agreement with South Korean agricultural equipment manufacturer TYM Corp., focusing on personnel training and investment. The Philippine Center for Postharvest Development and Mechanization (PHilMech) said on...
The Philippine Stock Exchange index (PSEi) rose slightly for the second straight day, adding 13.73 points, or 0.23 percent, to close at 6,039.76, but gains were limited due to lack of fresh market leads. The overall volume decreased to 1.52 billion shares, valued at ₱5.56 billion. Decliners edged...
