The Manila City Government has allocated more than P16 million for 13 child patients who will undergo life-saving operations here and abroad, Manila City Mayor Francisco “Isko Moreno" Domagoso announced on Friday, Feb. 20. According to Domagoso, the beneficiaries include eight children scheduled...
I’ve sat in enough boardrooms, classrooms, and breakout rooms to notice a pattern: the moment the word “coaching” comes up, people tense up. Leaders assume it requires certifications, thick manuals, and expert-only jargon that sounds impressive but feels detached from real work. Employees...
Consunji-led Semirara Mining and Power Corp. (SMPC) sought to calm investors who have been selling down its stock, as well as that of parent company DMCI Holdings Inc., by expressing confidence it will win the bid for a new coal operating contract (COC) after the government said it will not extend...
The Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE) are moving to revitalize the domestic capital market by introducing rules for Global Philippine Depository Receipts, which would allow local investors to trade foreign stocks in the local currency. SEC Chairman...
Governors from six provinces thanked President Marcos for ordering the immediate release of financial assistance to thousands of people displaced by recent Tropical Storm Basyang. In a statement on Tuesday, Feb. 17, the Office of the Executive Secretary said the governors from Cebu, Iloilo, Eastern...
The cost of electric power in the Philippines remains among the highest in Asia. This is driven by a combination of high imported fuel costs, ongoing grid work-in-progress, significant system losses (five percent in Singapore versus 10 percent in the Philippines), and an oligopolistic market...
The Philippine Stock Exchange index (PSEi) declined for the third straight session on Monday, Feb. 16, as its investors cashed out before the Lunar New Year holiday and the Bangko Sentral ng Pilipinas ’ (BSP) policy meeting. The main index shed 16.03 points, or 0.25 percent, to close at...
Local stock market is poised to trade on expectations surrounding the Bangko Sentral ng Pilipinas’ (BSP) upcoming policy meeting, with investors looking for a pivot toward monetary easing. The Monetary Board’s decision and subsequent guidance will be crucial in determining whether the...
The Philippine Stock Exchange index (PSEi) fell on continued profit-taking on Friday, Feb. 13, after the government reported a steep fall in foreign investment pledges. The main index dropped 86.67 points, or 1.34 percent, to close at 6,384.58. Miners led the retreat across the board. Volume...
The Manila City Government has approved the distribution of P11 million in financial assistance to patients under its KAAGAPAY Program, extending support to residents facing serious medical conditions. Manila City Mayor Francisco “Isko Moreno” Domagoso made the statement on Friday, Feb. 13,...
Local equities snapped a two-day winning streak on Thursday, Feb. 12, as investors moved to lock in gains from recent rally, tracking the broader retreat in global markets following strong United States (US) labor data. The Philippine Stock Exchange index (PSEi) declined 27.57 points, or 0.42...
Owning an asset on paper is not quite the same as having physical possession of it. At one point, currency was primarily in the form of coins where the value was straightforward, derived from the gold or silver content itself. As recently as a century ago, most coins were minted from precious...
