The local stock market inched up despite weakness in US bourses after the Philippines reported strong second quarter economic growth. The main index added 14.10 points or 0.22 percent to close at 6,549.27 although sectoral indices were evenly mixed. Volume declined to 748 million shares worth...
The National Economic and Development Authority (NEDA) reported a substantial increase in concessional loan disbursements received by the Philippines from its development partners last year, primarily earmarked for financing infrastructure projects. NEDA Secretary Arsenio M. Balisacan said on...
The local stock market rebounded with its regional peers following gains in US bourses. The main index jumped 101.93 points or 1.58 percent to close at 6,535.17 as the Property sector led the rally across the board. Volume dipped to 543 million shares worth P4.9 billion as gainers outnumbered...
Finance Secretary Ralph G. Recto said the Philippine government secured about P13 billion in loans from the South Korean government to finance the new Dumaguete Airport Development project. Recto and Export-Import Bank of Korea (KEXIM) Chairman and President Yoon Hee-sung signed on Wednesday, Aug....
The local stock market ended flat despite some early bargain-hunting after the announcement of the July inflation numbers. The main index shed 1.49 points, or 0.02 percent, to close at 6,433.24, with sectoral indices evenly split. Volume dipped to 419 million shares worth P5.12 billion. Losers...
(Unsplash) Amid claims that the prohibition on Philippine Offshore Gaming Operators (POGOs) would directly impact the property industry, National Economic and Development Authority (NEDA) asserts that the ban would barely make a noise in the office and residential...
To adjust to inflation, the increase in cash allowances for the Pantawid Pamilyang Pilipino Program (4Ps) is expected to be implemented in 2026. During a committee hearing at the House of Representatives, National Economic and Development Authority Secretary Arsenio M. Balisacan revealed that a...
VCDC’s Victor Consunji and Sta. Lucia Land’s Exequiel D. Robles Victor Consunji Development Corporation (VCDC), Philippines' premier real estate developer, redefines modern living with innovative home concept and the introduction of a new tagline and brand strategy, "Live Differently."...
The local stock market plunged with other regional bourses on growing fears of a US recession. The main index fell 170.57 points or 2.58 percent to 6,434.73 with the Industrial and Property sectors leading the retreat across the board. Volume rose to 638 million shares worth P5.64 billion as losers...
House Speaker Martin Romualdez (Dexter Barro II/MANILA BULLETIN) Speaker Martin Romualdez said sports development will be a top priority for the House of Representatives even as the deliberations on the proposed P6.352-trillion national budget...
State-run Clark Development Corp. (CDC) announced that Taiwanese firm BB International Leisure and Resort Development Corp. (BBILRDC) is expanding its investments in Clark, Pampanga. In a statement, Agnes VST Devanadera, CDC president and chief executive officer, said that BBILRDC is injecting an...
Regional stocks, including local shares, fell as investors were spooked by fears of a recession in the US. The main index dropped 88.53 points or 1.32 percent to close at 6,605.30 led by the Services sector which weakened despite the hike in Globe’s stock price. Volume remained tepid at 514...
