Cabinet Secretary Karlo Nograles said the national government aims to have the cash assistance for typhoon "Odette" victims ready for download to the affected local government units (LGUs) by Wednesday, Dec. 29. President Rodrigo Duterte (right) leads a recent distribution of relief goods to...
The local stock market rose on year-end window dressing and some optimism over stronger holiday spending. The main index gained 31.70 points or 0.44 percent to close at 7,286.50 as the Mining and Oil counter led the advance while the Property sector was the sole decliner Volume improved but was...
Senator Sherwin Gatchalian on Tuesday called on the Department of Trade and Industry (DTI) to boost its information campaign on the availability of soft loans and financial grant programs to micro, small and medium enterprises (MSMEs) that were affected by Typhoon Odette. Gatchalian said doing so...
The local stock market managed to rise after trading weaker in the morning as few investors still trading start positioning for 2022. The PSEi hiked 72.94 points or 1.02 percent to close at 7,254.80 as the Financials and Services sectors led the advance although the Industrial counter retreated....
Re-electionist Senator Richard Gordon on Monday called on banks to enforce tighter online security to prevent hackers from stealing from clients’ accounts. Gordon, who chairs the Senate Committee on Justice and Human Rights, said banks should be more proactive in keeping their customers’ trust...
Eligible workers of government will be given a one-time service recognition incentive (SRI) of not more than P10,000, Malacañang announced on Monday afternoon, Dec. 27. (Mari Gimenez/ Unsplash) The release of the cash incentive was authorized by President Duterte via administrative order (AO)...
President Duterte warned typhoon "Odette" victims that their incoming financial aid shouldn't be used on the two things that he loathes--liquor and gambling. President Rodrigo Duterte addresses locals in Puerto Princesa, Palawan on Dec. 23, 2021. (Screenshot from Facebook live) Speaking to typhoon...
The province of Cebu under Gov. Gwendolyn Garcia topped the list of provinces in the country with the highest net assets reaching P208.27 billion while Bulacan headed by Gov. Daniel Fernando registered the highest revenue in 2020 at P5.81 billion. Gov. Gwendolyn Garcia Cebu In terms of liabilities,...
The local stock market dropped for the third day this week as the gravity of the last typhoon’s damage becomes more apparent. The PSEi lost 47.87 points or 0.67 percent to close at 7,119.19 as Holding Firms fell while the Industrial and Mining and Oil counters advanced. Volume dipped to 1.61...
Quezon City headed by Mayor Joy Belmonte topped all local government units in terms of largest total assets and revenues in the country. Quezon City Mayor Joy Belmonte The 2020 Annual Financial Report released by the Commission on ‘Audit on Wednesday, Dec. 22 showed that QC’s registered total...
The local stock market market lost more ground as investors continue to worry over the rising COVID-19 numbers overseas and the damage caused by Typhoon Odette. The main index dropped 70.55 points or 0.98 percent to close at 7,167.06 as Banks led the retreat across the board. Volume remained thin...
The local stock market dropped as investors worry again about the spread of the Omicron variant locally and overseas while assessing the damage wrought by Typhoon Odette. The main index lost 60.05 points or 0.82 percent to close at 7,237.61 as the Mining and Oil counter led the retreat although the...
