The National Economic and Development Authority (NEDA) led the signing of the implementing rules and regulations (IRR) for the Republic Act 11962 or the Trabaho Para sa Bayan (TBP) Act. NEDA Secretary Arsenio M. Balisacan said on Tuesday, March 12, that before the signing, they first consulted with...
Various organizations expressed disapproval towards the increasing commercialization of the University of the Philippines Diliman's (UPD) campus areas, especially the “DiliMall,” as it puts certain community sectors at risk. Different sectors gathered in UP Old Tennis Court for the launching of...
The local stock market lost the bulk of last Friday’s gains after US bourses closed lower. The main index fell 69.97 points or 1.01 percent to close at 6,872.24 as the Property sector led the retreat across the board. Volume dropped to 507 million shares worth P3.76 billion as losers trounced...
Copper producer Atlas Consolidated Mining and Development Corporation reported a 65 percent fall in consolidated net income to P1.1 billion last year from P3.2 billion in 2022. Mining operations conducted by Carmen Copper Corporation In a disclosure to the Philippine Stock Exchange, the firm said...
(Department of Labor and Employment) In time for the celebration of the National Women’s Month this March, the Department of Labor and Employment (DOLE) has unveiled its Gender and Development (GAD) Agenda 2024-2028: Framework Strategic Plan aimed at advancing gender equality and eliminating...
State-owned Development Bank of the Philippines (DBP) is working closely with the Department of Finance (DOF), state regulators and legislators in introducing reforms in its 26-year-old charter to cater to the demands of an ever-changing market and rapidly-evolving economic landscape, a top...
The PSEi made a strong bounce after a healthy correction as investors picked up cheaper stocks. The main index jumped 104.87 points or 1.53 percent to close at 6,942.21 as the Property sector led the advance while Mining and Oil lagged behind. Volume dipped to 548 million shares worth P4.86 billion...
The Department of Social Welfare and Development (DSWD) has committed to further enhance its services for the effective delivery of the deradicalization and reintegration programs for former rebels and their families, as part of the “Buong Bansa Mapayapa” (BBM) initiative. DSWD Undersecretary...
The local stock market dropped on signs that interest rates in the US and Philippines are not going to be cut soon as many investors had hoped. The main index lost 41.20 points or 0.60 percent as the rate-sensitive Property sector led the retreat while the Services counter managed to advance. A...
Present during the ceremony were Don Tim President and CEO Audric Leong, Alfonso Cavite Municipal Vice Mayor Madona Pel, and Don Tim’s management committee The Montebello community in Alfonso, Cavite, recently came together to celebrate the blessing of Don Tim Development's latest projects –...
The Development Bank of the Philippines (DBP) is seeking to introduce reforms, including a massive capital hike to P300 billion, through amendments to its 26-year-old charter. In a statement, the state-owned bank said it is working closely with the Department of Finance (DOF), state regulators and...
The local stock market weakened further, weighed down by the performance of US stocks and the higher Philippine inflation numbers for February. The main index shed 26.92 points or 0.39 percent to close at 6,878.54 as the Industrial sector led the retreat while Banks managed to buck the trend....
