President Marcos has ordered government agencies to determine the priority core functions and services that must be devolved to the local government units (LGUs) by the end of February next year. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) Malacañang said on Monday,...
The Department of Social Welfare and Development (DSWD) distributed P15.9 million worth of cash, food, and non-food items to victims of a massive fire that hit a coastal village in Lapu-Lapu City. DSWD / Manila Bulletin Through its Field Office 7 in Central Visayas, DSWD Regional Director Shalaine...
The Department of Social Welfare and Development (DSWD) piloted its new batch of Walang Gutom 2027: Food Stamp Program (FSP) to new beneficiaries in Tondo, Manila. DSWD / Manila Bulletin In a statement, Secretary Rex Gatchalian led the distribution on Dec. 22 of Electronic Benefit Transfer (EBT)...
The National Economic and Development Authority (NEDA) has estimated that over seven million Filipinos could have escaped poverty if inflation had remained within the government's target over the last two years. NEDA Secretary Arsenio M. Balisacan said that the high inflation rate, which averaged...
The local stock market rose to rest just above the 6,500 level on the last trading day before Christmas on the back of higher US bourses. The main index added 31.77 points or 0.49 percent to close at 6,501 as the Industrial sector led the advance while Banks dipped into the red. Volume fell to 536...
The National Economic and Development Authority (NEDA) said the duration of the El Niño weather event may be shorter than initially estimated by the Philippine Atmospheric Geophysical and Astronomical Services Administration (PAGASA). NEDA Secretary Arsenio M. Balisacan said on Friday, Dec. 22...
The Philippine Stock Exchange index (PSEi) dropped as investors continue to cash out of the market due to the coming holidays. The main index lost 51.52 points or 0.79 percent to close at 6,469.23 as the Property sector led the retreat while Banks bucked the trend. Volume rose to 1.99 billion...
Entering the Philippine market with a burst of flavor is the Taiwan Pork initiative, featuring its premium pork products. This endeavor is supported by the Taiwan Ministry of Agriculture and Commerce Development Research Institute (CDRI) of Taiwan. The initiative not only aims to bring high-quality...
Efficient implementation of catch-up plans has positioned the Marcos administration to exceed its infrastructure spending target for this year, data from the Development Budget Coordination Committee (DBCC) showed. The DBCC, an inter-agency body responsible for setting the government’s...
The local stock market was flat as investors continued to take cash out due to the coming long Christmas holiday. The main index shed a marginal 0.52 points to close at 6,520.75 with sectoral indices equally divided. Volume improved to 1.15 billion shares worth P6.32 billion as gainers outnumbered...
After a sluggish start, local shares rose following some positive economic news. The main index added 45.77 points or 0.71 percent to close at 6,521.27 as Banks led the charge although Conglomerates and Miners retreated. Volume was thinner though at 748 million shares worth P4.37 billion as...
The Department of Social Welfare and Development (DSWD) conducted its "Oplan Pag-Abot sa Pasko" program were it assisted 274 members of the Aeta community from Capas, Tarlac. DSWD / Manila Bulletin In a statement on Monday, Dec. 18, DSWD Secretary Rex Gatchalian said the activity is in line with...
