Robinsons Land Corporation (RLC) has partnered with the Bases Conversion and Development Authority (BCDA) to develop the mixed-use Bonifacio Capital District in Taguig City. The firm said in a disclosure to the Philippine Stock Exchange, the project will combine residential, commercial,...
DAVAO CITY – The Mindanao Development Authority (MinDA) sees the first Philippine Chamber of Commerce and Industry (PCCI)-Brunei-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) Trade, Investment, and Halal Industry Conference as a key to promote the Mindanao’s economic...
DAVAO CITY – The government will pursue the waste-to-energy (WTE) and Davao City Public Transport Modernization Project (DCPTMP), Secretary Leo Tereso Magno, chairman of the Mindanao Development Authority (MinDA) said. MAGNO (FB) Magno, speaking during the Business Matters media forum here on...
The local stock market surged on stronger volume as investors continued to cheer the strong growth of the country’s economy. The main index jumped 98.53 points or 1.50 percent to close at 6,647.80 as the Mining and Oil sector led the rally across the board. Volume rose to 857 million shares worth...
Filinvest Development Corporation (FDC), the investment arm of the Gotianun Group, reported that its wholly owned subsidiary FDC Utilities, Inc. (FDCUI) plans to triple its generating capacity from the current 411MW to 1,350MW by 2033. In a disclosure to the Philippine Stock Exchange (PSE),...
The local stock market inched up despite weakness in US bourses after the Philippines reported strong second quarter economic growth. The main index added 14.10 points or 0.22 percent to close at 6,549.27 although sectoral indices were evenly mixed. Volume declined to 748 million shares worth...
The National Economic and Development Authority (NEDA) reported a substantial increase in concessional loan disbursements received by the Philippines from its development partners last year, primarily earmarked for financing infrastructure projects. NEDA Secretary Arsenio M. Balisacan said on...
The local stock market rebounded with its regional peers following gains in US bourses. The main index jumped 101.93 points or 1.58 percent to close at 6,535.17 as the Property sector led the rally across the board. Volume dipped to 543 million shares worth P4.9 billion as gainers outnumbered...
Finance Secretary Ralph G. Recto said the Philippine government secured about P13 billion in loans from the South Korean government to finance the new Dumaguete Airport Development project. Recto and Export-Import Bank of Korea (KEXIM) Chairman and President Yoon Hee-sung signed on Wednesday, Aug....
The local stock market ended flat despite some early bargain-hunting after the announcement of the July inflation numbers. The main index shed 1.49 points, or 0.02 percent, to close at 6,433.24, with sectoral indices evenly split. Volume dipped to 419 million shares worth P5.12 billion. Losers...
(Unsplash) Amid claims that the prohibition on Philippine Offshore Gaming Operators (POGOs) would directly impact the property industry, National Economic and Development Authority (NEDA) asserts that the ban would barely make a noise in the office and residential...
To adjust to inflation, the increase in cash allowances for the Pantawid Pamilyang Pilipino Program (4Ps) is expected to be implemented in 2026. During a committee hearing at the House of Representatives, National Economic and Development Authority Secretary Arsenio M. Balisacan revealed that a...
