DAVAO CITY – Mindanao Development Authority (MinDA) Chairman Secretary Leo Tereso Magno urged all his staff to abide by their oath of office and perform their duties to the best of their abilities. MAGNO (MinDA FB) Magno, during the oathtaking ceremony for newly appointed and promoted MinDA...
The local stock market edged up on cautious trading, bringing the PSEi back to the 6,700 level as the peso strengthened against the US dollar. The main index rose by 17.30 points or 0.26 percent to close at 6,705.01 as Banks led the advance although half of the sub-indices retreated. Volume was low...
The PSEi gained on higher US stocks and stable economic forecasts for the Philippines. The main index added 20.62 points or 0.31 percent to close at 6,687.71 with Miners rallying although sectoral indices were evenly mixed. Volume dipped to 694 million shares worth P4.22 billion as...
The Philippine government is partnering with the United States Agency for International Development (USAID) to strengthen the implementation of Public-Private Partnership (PPP) projects in the country. The PPP Center and USAID signed a memorandum of understanding that will provide training and...
By James A. Loyola The local stock market ended weaker after some gains early in the day after investors started pocketing profits. The main index lost 22.28 points or 0.33 percent to close at 2,697.04 with Banks leading the retreat. Volume was firm at 352 million shares worth P5.41 billion as...
The local stock market ended the day higher but below the 6,700 level which it breached in the morning, as investors anticipate rate cuts in the US and Philippines. The Philippine Stock Exchange index (PSEi) added 41.14 points or 0.62 percent to close at 6,689.37 with the Property sector leading...
By ARGYLL CYRUS GEDUCOS Families affected by the southwest monsoon in Matanog, Maguindanao del Norte received government financial assistance and relief supplies over the weekend. ASSISTANCE TO FLOOD VICTIMS — Special Assistant to the President Secretary Antonio Lagdameo Jr. and Department...
The Metropolitan Manila Development Authority (MMDA) assured the public that security measures are "100 percent ready" for President Marcos' third State of the Nation Address (SONA) on July 22. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate/File) Emmanuel Miro, head of MMDA Special...
The local stock market closed the week higher as investor sentiment remains upbeat amid expectations of a rate cut following the decline in the US inflation rate. The Philippine Stock Exchange index added 38.99 points, or 0.59 percent, to end at 6,648.23. The Services sector led the advance, while...
The Asian Development Bank (ADB) will provide technical advisory services for the P8.5 billion premium wholesale market to be built in the Clark civil aviation complex. This comes after the ADB and the Public-Private Partnership (PPP) Center signed an agreement with Clark International Airport...
By IVY TEJANO DAVAO CITY – A Regional Trial Court here has rejected the motion for reconsideration filed by former Mindanao Development Authority chairwoman Maria Belen “Mabel” Acosta contesting the dismissal of her quo warranto petition against MinDA Chairman Leo Tereso Magno. In an 18-page...
Local share prices jumped back after the previous day’s contraction as investors continued to bet on a rate cut. The main index surged 119.89 points or 1.85 percent to close at 6,609.24 with Conglomerates leading the rally. Volume rose to 427 million shares worth P6.80 billion as gainers beat...
