The heightened interest of the Philippines on nuclear energy as part of its long-term energy solution has so far been whipping up the curiosity of neighbors in the Southeast Asian region to also weigh in this technology into their energy mix. During the Indo-Pacific Business Forum, Energy Secretary...
The local stock market declined after sentiment was dampened by the fall of the peso to the P58 to a US dollar level. The main index lost 49.12 points or 0.74 percent to close at 6,633.66 as the Property sector led the retreat while the Services counter bucked the trend and advanced. Volume rose to...
There is only 23 percent of children who have benefited from any government feeding program with many reported to need more nutrient intake, according to the Philippine Institute for Development Studies (PIDS). Citing several government data, PIDS researchers stated in their study titled "Behind...
The local stock market rose as sentiment was boosted by gains in US bourses last Friday. The main index rose 64.09 percent or 0.97 percent to close at 6,682.78 as the Mining counter surged to lead the advance across the board. A total of 513 million shares worth P5.8 billion changed hands as...
Senator Sherwin “Win” Gatchalian (Sen. Gatchalian's Office) Senator Sherwin “Win” Gatchalian is pushing for the Technical Education and Skills Development Authority (TESDA) training and certification of senior high school teachers under the...
Japan has extended P121 million in grant assistance to the Philippines to provide Filipinos the opportunity to study in Japanese universities. Foreign Affairs Secretary Enrique Manalo and Japanese Ambassador Endo Kazuya on Friday led the signing and exchange of diplomatic notes ceremony for the...
The Philippines was ranked sixth among the Association of Southeast Asian Nations in terms of access to basic sanitation services, a study from the National Economic and Development Authority (NEDA) revealed. In a policy note on the Philippine water sector, the NEDA stated that while 97.6 percent...
Lower than anticipated inflation in the US for April boosted local stocks as investors again raise their hopes for an interest rate cut. The main index jumped 69.57 points or 1.06 percent to close at 6,628.20 as the interest rate sensitive Property sector surged while Banks declined. Volume rose to...
The National Economic and Development Authority (NEDA) has greenlit a P2.75 billion project designed to propel infrastructure development in line with the country's sustainable development goals. Known as the Facility for Accelerating Studies for Infrastructure, or FAST-Infra project, NEDA said it...
Electric motorcycles and bicycles will now enjoy lower tariff rates following its inclusion to the list of vehicles under the Executive Order (EO) No. 12 The National Economic and Development Authority Board approved the recommendations of the Committee on Tariff and Related Matters on the review...
The local stock market dropped as investors exercised caution ahead of the Bangko Sentral ng Pilipinas meeting in Thursday. The main index lost 49.73 points or 0.75 percent to close at 6,558.63 as Conglomerates led the retreat with only the Industrial sector advancing. Volume improved to 464...
Filinvest Development Corporation (FDC), the investment arm of the Gotianun Group, reported a 36 percent hike in attributable net income to P2.9 billion in the first quarter of 2024 from P2.2 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said...
