Stocks drop further on weak economic data The PSEi ended the week lower as investors sold down stocks after the Marcos government reported a much lower-than-expected economic growth rate. The main index lost 43.75 points or 0.68 percent to close at 6,405.91 as the Services counter led...
ILOILO CITY – The Department of Agriculture (DA) awarded 42 young farmers from across Western Visayas region with a financial grant. “This not only lifts your business but also your family’s future. Secure a future for your family. Be the catalyst of change for your generation. Be an...
The local stock market fell after the government reported slower economic growth for the second quarter of 2023. The main index lost 80.79 points or 1.24 percent to close at 6,449.66 as the Mining and Oil counter led all sectors in the retreat. Volume was still weak at 513 million shares...
The local stock market rose back to the 6500 level as investors cheered the stronger employment numbers and a lower trade deficit figure. The main index added 57.48 points or 0.89 percent to close at 6,530.45 as the Services sector led the advance while the Mining and Oil counter lagged...
The local stock market is seen to open the week with some bargain-hunting following last week’s steep drop although investors will also be taking cues from the release of the Philippines’ second quarter economic growth data as well as the US July inflation numbers. “Given the steep decline...
TABUK CITY, Kalinga – President Ferdinand R. Marcos Jr. turned over P5 million in financial assistance to typhoon Egay-hit Kalinga province through Gov. James Edduba during a visit to Tuguegarao City, Cagayan on Saturday, July 29. PRESIDENT Ferdinand R. Marcos Jr. turns over a facsimile check...
ZAMBOANGA CITY – The city government distributed financial assistance to 1,581 Covid-19 survivors here on Monday, July 24. The beneficiaries were infected with Covid from January to September 2022. They were from Barangays Putik, Recodo, Rio Hondo, Salaan, Quiniput, San Jose Gusu, Cawa Cawa,...
Astra Tech (Astra), MENA’s leading consumer technology holding group based in the United Arab Emirates (UAE), signed Tuesday, July 18, a share purchase agreement (SPA) to acquire a 90 percent stake in Y Finance, a licensed financing company operating in the Philippines, as it commits to develop...
As the country boosts its efforts toward energy security, President Ferdinand "Bongbong" Marcos Jr. welcomed the commitment of a Japanese financial services company to helping the Philippines bridge its transition from fossil fuel to renewable energy. *President Ferdinand 'Bongbong' Marcos Jr....
CEBU CITY – A group of Cebuano lawyers seeks to help educate the youth on financial literacy and offer job opportunities by expanding the real estate business that they established four years ago. In a press briefing on Thursday, June 29, Atty. Nestor Crispin Miguel Lumapas, together with his...
CAMP GENERAL PACIANO RIZAL, Laguna – A police officer wounded while serving a warrant of arrest in San Pablo City, this province, has received financial assistance from the Laguna Police Provincial Office led by Police Col. Randy Glenn Silvio. Police Staff Sgt. Nero Cuentas was implementing a...
The Philippines and India have sealed a partnership in Financial Technology (FinTech) as the two countries see the need for cooperation to share and learn from each others' expertise and potentials. Department of Finance (DOF) Secretary Benjamin Diokno and Indian Ambassador to the Philippines...
