Three out of four intended beneficiaries have already received the national government’s “ayuda” or financial assistance in Muntinlupa. Latest figures showed that as of Aug. 28, the Muntinlupa City government has already distributed P327,302,000 or 74 percent of the total allotment of...
The local stock market ended lower as investors cashed out ahead of the long weekend. The main index declined by 33.91 points or 0.50 percent to close at 6,786.62 as the Property sector led the retreat while the Industrial and Financials sectors managed to advance. 28920 Volume was weaker at 1.62...
The bill seeking to amend provisions in the Philippine Deposit Insurance Corporation’s (PDIC) Charter is now up for Senate plenary discussions. Senator Sonny Angara, who chairs the Senate Finance Committee, on Wednesday night (Aug. 25), has sponsored Committee Report No. 287 on Senate Bill No....
The local stock market ended flat as profit-taking offset the strong performance of the telecommunications sector. The main index shed 1.62 points or 0.02 percent to close at 6,820.53 with only the Services and Mining and Oil counters advancing. 28701 Volume rose to 2.48 billion shares worth P9.06...
The local stock market moved up further on the back of gains in US markets. The PSEi surged 143.33 points or 2.15 percent to close at 6,822.15 due to the strong performance of the Services sector with only the Mining and Oil counter retreating. 28480 Volume improved to 1.8 billion shares worth...
The stock market rose as investors picked up bargains following encouraging news from the US. The main index jumped 87.15 points or 1.32 percent to close at 6,678.82 as the Holding Firms and Industrial counters led gain across all sectors. 28220 Volume was lower though at 2.68 billion shares worth...
The local stock market started the week lower as investors fret over the rising COVID cases in the country. The main index lost 41.55 points or 0.63 percent to close at 6,592.67 with only the Industrial and Services counters advancing. 28023 Volume was steady at 1.94 billion shares worth P6.29...
The distribution of the national government’s “ayuda” or financial assistance under the enhanced community quarantine (ECQ) has reached 55 percent in Muntinlupa. According to the Muntinlupa City government, as of Aug. 21, a total of P243,301,000 was released to beneficiaries in the city. A...
Some 28 business and professional organizations in the country have expressed strong support as they called to uphold the independence of the Commission on Audit, which has uncovered “deficiencies” in its audit on the way government funds were being appropriated by government agencies. “We,...
The local stock market finally gave way to profit-taking to end the last day of an upbeat week in the red. The main index dropped 85.29 points or 1.27 percent to close at 6,633.22 as the Holding Firms and Property counters led all sub indices in the retreat. 27538 Volume was steady at 2.04 billion...
The Department of Social Welfare and Development (DSWD) assured the public Thursday, Aug. 19, that the P5.3-million worth of financial aid given to 330 former rebels in Caraga Region was accounted for, and that it was coordinating with the Department of Interior and Local Government (DILG) to...
The local stock market managed to end higher even after posting losses early in the trading due to a downgrade in the country’s growth target by the government. The main index advanced 38.33 points or 0.57 percent to close at 6,718.51 as Holding Firms continue lead forward with only the...