Senator Alan Peter Cayetano on Friday, September 15, scored Laguna Lake Development Authority (LLDA) acting general manager Senando Santiago for his absence in the hearing of the Senate Committee on Government Corporations and Public Enterprises. Sen. Alan Peter Cayetano (Senate PRIB...
Local share prices fell to its lowest closing since October 26, 2022 as foreign funds sold stocks to rebalance their portfolios in line with changes in the FTSE index. The PSEI dropped 82.06 points or 1.32 percent to close at 6,126.34 as the Property counter suffered the biggest loss among...
The Securities and Exchange Commission (SEC) is collaborating with international organizations to beef up its enforcement capabilities in pursuit of its mandate to protect the public from securities fraud and other forms of investment scams. SEC Philippines, in partnership with the US SEC and...
Lopez-led First Gen Corporation will be supplying additional 20 megawatts of renewable energy-based capacity to Central Negros Electric Cooperative (CENECO), one of the biggest power distribution utilities in the Visayas region. In a statement to the media, First Gen noted that the supply of...
The local stock market bounced from the previous day’s drop after US inflation figures indicate that the US Federal Reserve may keep rates steady. The main index rose 59.22 points or 0.96 percent to close at 6,208.40 as Conglomerates led the advance across the board. Volume declined to 412...
The Sandiganbayan has denied the motion of former National Economic Development Authority (NEDA) regional director Jose Romeo C. Escandor to render community service instead of serving the six-month imprisonment imposed on him for sexual harassment in 2013. Despite the denial, however, the...
Senators on Wednesday, Sept. 13 expressed dismay at the quality of employment that graduates from the Technical Education Skills Development Authority (TESDA) are getting after they found out that there are some who are landing below minimum-wage jobs. Senate Majority Leader Joel...
The local stock market fell to a one-year low as investors exercise caution before the release of US inflation data. The main index plunged 81.02 points or 1.30 percent to close at 6,149.18 as Conglomerates registered the biggest drop while the Mining and Oil sector stayed in the green....
The Department of Social Welfare and Development (DSWD) on Tuesday, Sept. 12, expressed commitment to disburse livelihood grants to rice retailers amid the implementation of the rice price cap. (Photo credit to DSWD) In a Palace press briefing, DSWD Secretary Rex Gatchalian welcomed...
The Philippine Stock Exchange index (PSEi) was a tad lower as some investors took profits although most still stayed on the sidelines while waiting for US inflation numbers. The main index shed 3.54 points or 0.06 percent to close at 6,230.20 with sectoral indices equally divided. Volume...
The National Economic and Development Authority (NEDA) on Tuesday, Sept. 12 said it welcomes potential investors to prioritize projects in Mindanao, particularly in the energy and agricultural sectors. At the Philippine dialogue with investors in Doha, Qatar, NEDA Secretary Arsenio M....
Sen. Cynthia Villar said on Tuesday, Sept. 12, that passing the proposed Philippine Salt Industry Development Act is the Senate’s response to the plea for assistance from salt industry stakeholders to revitalize their dying sector. Sen. Cynthia Villar (Senate PRIB photo) Voting...
