The local stock market dropped further as investors continued to wait for market-moving news, particularly those related to possible interest rate cuts, both here and in the US. The main index lost 39.81 points or 0.62 percent to close at 6,358.96 as Banks led the retreat. Volume improved but...
The government will inject around P110 million into the country’s arts sector, such as game development and animation. Department of Budget and Management Secretary Amenah F. Pangandaman has approved the issuance of a special allotment release order and its corresponding notice of cash allocation...
Citing the need to upgrade the country’s digital connectivity, the National Economic and Development Authority (NEDA) board led by President Marcos has approved some P16.1 billion allocation for the Philippine Digital Infrastructure Project (PDIP). File photo According to the NEDA website, the...
The local stock market saw some profit-taking as investors waited to take cues from the release of economic data this week. The main index shed 13.14 points or 0.20 percent to close at 6,398.77 as Conglomerates led the decline while Banks managed to stay in the green. Volume fell to 4-7 million...
ACEN Corporation of the Ayala group and multilateral lending firm Asian Development Bank (ADB) have solidified their partnership in the “green power revolution” sphere, as the latter has switched on its renewable energy (RE) supply sourcing to the Ayala firm. The bank will procure 100 percent...
Senator Sherwin Gatchalian on Sunday, June 30 urged the government to strengthen the implementation of the comprehensive sexuality education (CSE) and the social protection program for adolescent mothers. Gatchalian made the call following the Commission on Population and Development’s...
DAVAO CITY – Mindanao Development Authority (MinDA) Chairman Secretary Leo Tereso A. Magno advised more than 2,000 University of Southern Mindanao (USM) graduates to use their education to bring positive change to Mindanao. "Graduates, as you leave this institution and venture into the world,...
The Observatory combines unique Japanese design and masterplanning while taking into account Filipino needs. There’s a lot to envy about Japanese culture, whether it’s their reputed punctuality and courtesy, or the hospitality where everything is provided without being too intrusive. This...
The local bourse closed the week on a positive note as investor sentiment got a boost from expectations of a local interest rate cut. The main index added 21.33 points or 0.33 percent to close at 6,411.91 as Conglomerates led the advance while banks and miners retreated. Volume improved to 1.16...
Don Tim Development Corporation (DTDC) prepares to unravel its newest project that promises to give home seekers and investors a great reason to set their sights on the idyllic south of Metro Manila. Set to become the jewel of Silang, Cavite, the new development covers a total of 2.7 hectares with...
DAVAO CITY – The Mindanao Development Authority (MinDA) and the provincial government of Dinagat Islands signed on Thursday, June 27, a memorandum of cooperation to establish an Economic Zones (EZs). MAGNO (MinDA FB) MinDA Secretary Leo Tereso Magno said in a statement that establishing EZs aims...
The country’s ambition to become upper middle-income status could be achieved in 2026, later than the government’s projection of 2025. That is, if the peso does not depreciate. National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan, during a briefing on Thursday, June...
