The PSEi managed to eke out a marginal gain after bargain hunters lifted it out of negative territory. The main index inched up by 1.46 points or 0.02 percent to close at 6,305.99 with sectoral indices evenly divided. Volume improved to 856 million shares worth P5.94 billion as losers...
It has been 25 years since Festival Mall, Alabang, opened in 1998. Since then, Filinvest Malls have expanded into opening more malls such as Fora Mall in Tagaytay City, Il Corso in Cebu, and Main Square in Bacoor City, Cavite. Muntinlupa Artemio Simundac, First SVP Francis Gotianun, Former...
The government received about $32.40 billion in concessional loans and grants last year, with most of the funds allocated to infrastructure projects, the National Economic and Development Authority (NEDA) reported. Based on NEDA's Official Development Assistance (ODA) Portfolio Review 2022 report ,...
The local stock market dipped as investors take profits ahead of the release of economic data here and in the US. The main index declined by 16.71 points or 0.26 percent to close at 6,304.53 as the Property counter led the retreat while the Industrial and Services sectors advanced. Volume...
EMBARGOED UNTIL MONDAY, OCT. 2 12:00AM The Development Budget Coordination Committee (DBCC) will review the macroeconomic targets of the Marcos administration later this month, taking into account the challenging global economic conditions. Finance Secretary Benjamin E. Diokno said the DBCC, which...
The Philippines will continue to be aggressive in its implementation of key infrastructure projects to boost the propagation of innovation. President Ferdinand 'Bongbong' Marcos Jr. graces the thanksgiving for the beneficiaries of the Comprehensive Social Benefits Program (CSBP) in Davao City...
State-owned Development Bank of the Philippines (DBP) is prepared to extend the needed technical and financial assistance to strategic initiatives that would ensure the successful implementation of the Marcos Administration's three-year logistics master plan aimed at reducing the cost of...
The local stock market ended its six-day rally and finally gave way to profit-taking on the last trading day of the week, month, and end of the third quarter. The main index fell by 64.28 points or 1.01 percent to close at 6,321.24 as the Services sector led the retreat although Miners managed to...
The Pasig City Gender and Development (GAD) Office conferred awards to the "Most Gender-Responsive Barangays" in the city during its first GAD Summit on Thursday, Sept. 28. The GAD Technical Working Group (TWG) awarded the barangays that have successfully implemented their respective GAD...
National Economic and Development Authority Secretary Arsenio M. Balisacan said that rice tariff reduction remains an option for the Marcos administration, but immediate execution is not viable. President Marcos earlier thumbed down the reduction of the rice tariff. “He saw that these prices are...
The government remains confident of the six percent to seven percent target rate by the year-end, the National Economic and Development Authority (NEDA) said. NEDA Secretary Arsenio M. Balisacan said the slowdown in the second quarter could be offset by fiscal spending in the third quarter,...
The PSEi rose again as the removal of Metro Pacific Investments Corp. (MPIC) and Aboitiz Power Corp. (AboitizPower) from the benchmark boosted trading in other stocks although profit taking tapered gains. The main index added 10.84 points or 0.17 percent to close at 6,385.52 although sectoral...
