The implementation of financial literacy programs would help overseas Filipino workers (OFWs) maintain their financial resources over the long term, particularly as many of them are aiming to retire early, a study by the Philippine Institute of Development Studies (PIDS) revealed. In a study titled...
Despite financial constraints and challenges, Jeraldyn Bansale, a former monitored child from the Bajau indigenous community in Leyte, graduated with a Bachelor of Science in Business Administration (BSBA) degree. Jeraldyn Bansale, a former monitored child from the Bajau indigenous community in...
The local stock market ended a few points down as investors started to take profits after US Federal Reserve officials cooled down rate cut expectations. The main index shed 2.94 points or 0.05 percent to close at 6,475.50 as sectoral indices were evenly split. A total of 602 million shares changed...
The Development Budget Coordination Committee (DBCC) has increased its government revenue projection for this year due to stronger-than-expected collections and higher income from the customs and treasury bureaus. The DBCC, an interagency body responsible for setting the government’s...
Filinvest-ENGIE Renewable Energy Enterprise, Inc. (FREE) and Philippine DCS Development Corp. (PDDC) will undertake four sustainable energy projects focused on solar energy and eco-friendly cooling systems. In a statement, FREE and PDDC said the projects will bring a combined 13.68 megawatts (MW)...
The Development Budget Coordination Committee (DBCC) has maintained the government's economic growth target for the year and has marginally adjusted its forecast for next year. The DBCC, an inter-agency body tasked with determining the government’s macroeconomic assumptions, kept its gross...
The PSEi rose further after the Bangko Sentral kept rates steady, spurring hopes of a long-awaited Santa Claus rally at the bourse. The main index jumped 67.96 points or 1.06 percent to close at 6,478.44 as Conglomerates led the charge but the Property and Mining counters retreated. Volume also a...
The Marcos administration has secured the initial funding required to construct the Bataan-Cavite Interlink Bridge (BCIB), which, upon completion, will rank as one of the longest marine bridges globally. After the signing of a $2.11 billion loan from the Asian Development Bank (ADB), Finance...
The National Economic and Development Authority (NEDA) said the government plans to ramp up the distribution of food stamps and expedite the importation of key commodities to prepare for the potential impact of El Niño. NEDA Secretary Arsenio M. Balisacan said they will team up with the...
BUTUAN CITY – The government has released 88,124 family food packs (FFPs) to earthquake-affected families in Surigao del Sur. The Department of Social Welfare and Development (DSWD)-Caraga based here said they are still attending to the needs of families who are still in evacuation centers as...
The National Economic and Development Authority (NEDA) Board, chaired by President Marcos, has approved the P67.4 billion Dalton Pass East Alignment Road project in Central Luzon. Speaking during a palace briefing, NEDA Secretary Arsenio M. Balisacan said that the 23-kilometer, four-lane...
The National Economic and Development Authority (NEDA) announced that President Marcos has extended the temporary reduction of tariffs on key agricultural products to mitigate the impact of the El Niño phenomenon on consumer prices. NEDA Secretary Arsenio M. Balisacan said Malacañang has given...
