The government has distributed "billions" of assistance to the poor to help them cope with the pandemic, President Duterte said in rejecting criticisms the government was doing nothing to provide aid during the pandemic. President Rodrigo Duterte (File photo/Malacañang) In a televised address...
The Department of Tourism (DOT) distributed nearly P1.5 million in "ayuda" or cash aid to displaced tourism workers in the historic "Walled City" of Intramuros, Manila on Monday, May 17. The activity coincided with the reopening of two popular sites in Intramuros, which was made possible by Metro...
The PSEi managed to start the week in the green, thanks to late buying that allowed it to recover from early losses. The main index inched up 14.22 points or 0.23 percent to close at 6,283.58 with only the Financials and Holding Firms counters retreating. Volume was weak with 2.3 billion shares...
The local stock market is seen to move sideways this week as the previous week’s trading shows that investors are not allowing the PSEi to drop too low while not having enough confidence to buy up share prices. “For trend watchers, the best case is for a sideways drift to appear in the next...
Unlisted but qualified beneficiaries of the national government’s financial assistance or "ayuda" may receive the cash aid in the absence of the listed recipients in the National Capital Region (NCR)-plus, the Department of the Interior and Local Government (DILG) has bared. Secretary Eduardo...
Trading this week will be influenced by the release of economic data, including the much-awaited gross domestic product (GDP), as well as more first quarter earnings reports. “Market sentiment may still have a bearish bias as investors continue to adjust their economic recovery expectations, from...
Over P221 million cash assistance for more than 44,000 tourism workers in the Western Visayas have been approved by the Department of Tourism (DOT) and the Department of Labor and Employment (DOLE) to assist them amid the ongoing pandemic. (Photo from Department of Tourism / MANILA BULLETIN) A...
Revenues up 3% at P37.8 B Globe Telecom Inc. weathered the extended lockdown, with P37.8-billion revenues, up 3 percent in the first quarter of 2021, with a robust contribution from its broadband data segment, and its net income is up 11% to P7.3 billion. Although 2021 promises to be "a...
BIÑAN, Laguna - The local government unit (LGU) here assured that every resident will receive financial assistance, including those who are living in the most prestigious gated community in the city. In an interview with DZMM's Kuwentuhang Lokal on May 5, Mayor Arman Dimaguila said they...
The Philippine stock market dropped further on concern that the April inflation rate remained high. The main index fell 59.46 points or 0.94 percent to close at 6,299.69 with only the Mining and Oil counter advancing. Photo credit: https://www.pse.com.ph Volume also fell, down to 4.15...
The local stock market lost a little more ground as investors continue to wait for more market moving news. The PSEi shed 10.13 points or 0.16 percent to close at 6,359.15 with only the Financials counter managing to close in the green. Volume remained anemic at 3.19 billion shares worth P4.63...
Sexy star-turned-Overseas Workers Welfare Administration (OWWA) Deputy Administrator Esther Margaux "Mocha" Uson recently brought "ayuda" or financial assistance to overseas Filipino workers (OFWs) in Western Visayas, the agency bared. OWWA Deputy Administrator Mocha Uson (Photo from OWWA Facebook...
