BACOLOD CITY – The city government has allotted P10-million financial assistance through the Sustainable Livelihood Program (SLP) for 1,000 Persons with Disabilities (PWDs) in this city. THE Department of Social Services and Development (DSSD) through the Sustainable Livelihood Program...
Despite stock prices falling to bargain levels, the market remains bearish amid concerns about the weaker peso, potential US interest rate cuts, and US policies under the new political leadership. “The local market’s technical indicators continue to show a bearish bias, with the bourse falling...
The local stock market finally pulled away from its seven-day dive after investors found bargain prices too hard to resist. The main index jumped 119.56 percent or 1.82 percent to close at 6,676.65 as Industrials and Banks led the rebound although Conglomerates got left behind. Volume was firm at...
(MANILA BULLETIN) The House of Representatives has approved on second reading two measures that aim to strengthen financial safeguards for Overseas Filipino Workers (OFWs). Sponsored by Tingog Party-list Rep. Jude Acidre, both House Bill (HB) No....
Local share prices plunged as the Philippines faces headwinds including a weaker peso, lower foreign investments, and slower economic growth. The main index fell 129.9 points or 1.87 percent to close at 6,810.11 with the Property and Services sectors leading the retreat across the board. Volume...
The local stock market continues its bearish trend, breaking below the 7,000 support line, but, cheaper prices and the prospect of a rate cut may encourage buying activity while investors await foreign direct investment and remittance data. "Foreign funds have been exiting the market, and technical...
Young Filipino adults are getting sickly and many of them suffering from mental health issues; it does not help they also shell out more money from their own pockets to cover medical expenses, according to a survey of the local subsidiary of global insurance giant Manulife Financial Corp....
The Philippine Stock Exchange index (PSEi) declined to close the week below the 7,000 support level as investors continued to sell local stocks due to concerns regarding the implications of a Trump presidency and slower economic growth. The main index dropped by 37.26 points, or 0.53 percent,...
The local stock market plunged after the government reported slower-than-expected growth for the Philippine economy and Donald Trump won the US presidential race. The main index fell by 150.98 points, or 2.11 percent, to close at 7,014.44, with the Property sector still leading the decline,...
The local stock market fell due to a possible Trump win in the US elections. The main index lost 92.52 points or 1.27 percent to close at 7,165.42 with the retreat led by the Property sector. Volume dipped to 1.33 billion shares worth P4.58 billion as losers beat gainers 105 to 83 with 49...
President Marcos has led the distribution of a total of P100 million worth of financial assistance to farmers, fisherfolk, and other families affected by the onslaught of Severe Tropical Storm Kristine in Camarines Sur and Albay last month. AID DISTRIBUTION — President Ferdinand ‘Bongbong’...
The local stock market surged on news that the inflation rate in October did not rise higher than expected. The main index jumped 121.84 points or 1.71 percent to close at 7,257.94 with the Property sector leading the rally. Volume was still weak though at 1.03 billion shares worth P4.97 billion as...