Voting 22-0, the Senate approved the proposed bill that seeks to strengthen and revitalize the salt industry in the country. Approved on the third and final reading is Senate Bill No. 2243 or the proposed or the proposed Philippine Salt Industry Development Act. "My wholehearted support and...
The local stock market inched up on follow-up bargain-hunting as investors wait for the release of more economic data this week. The main index added 10.80 points or 0.27 percent to close at 6,223.74 with sectoral indices evenly divided. Volume remained low at 640 million shares worth P3.62...
The government is set to hold another round of cash payouts in Metro Manila and Zamboanga del Sur on Monday, Sept. 11, as part of the Marcos administration's efforts to assist small rice retailers affected by the nationwide price ceilings. CASH GRANT — Department of Social Welfare and...
The Department of Social Welfare and Development (DSWD), along with the Department of Agriculture (DA) and the Department of Trade and Industry (DTI), on Saturday, Sept. 9, spearheaded the simultaneous cash assistance payout for micro rice retailers in Caloocan, Quezon, and San Juan City. ...
The local stock market managed to end higher despite weaker US stocks as investors picked up bargains that emerged after Thursday's (Sept. 7) drop in prices. The main index rose by 0.64 percent or by 39.87 points to close at 6,222.94 although sectoral indices were evenly split. Volume was...
The National Economic and Development Authority (NEDA) called on the need for strategic national investments to promote human and social development in rebuilding a resilient, post-pandemic health sector. NEDA Secretary Arsenio M. Balisacan said on Tuesday, Sept. 5, that there is a need to...
After a few days of small gains, the local stock market fell below the 6,200 level again as recent releases of economic data renewed concern over US interest rates and the health of major economies. The main index dropped 58.62 points or 0.94 percent to close at 6,183.07 with Conglomerates...
The local stock market improved slightly on some bargain-hunting although sentiment was weighed down by rising oil prices. The main index added 16.69 points or 0.27 percent to close at 6,241.69 as Conglomerates led the advance while the Property and Mining counters declined. Volume stayed low...
The Bases Conversion and Development Authority (BCDA) has proposed projects and programs in the north for collaboration with Japanese investors through public-private partnerships. In a statement, Joshua M. Bingcang BCDA president and chief executive officer, said the agency is seeking potential...
The local stock market managed to inch up as the higher August inflation rate of 5.3 percent versus 4.7 percent in July was already expected. The main index added 10.32 points or 0.17 percent to close at 6,225.00 as Conglomerates led the advance while Banks and Property firms retreated....
The National Economic and Development Authority (NEDA) said the government is considering the reduction of import tariffs for rice as a measure to address the significant increase in the price of the staple food. NEDA Secretary Arsenio M. Balisacan said he called for a review of the 35 percent...
The local stock market ended higher ahead of the Philippine inflation report for the month of August while the US jobs data released last Friday also boosted regional bourses. The main index added 33.62 points or 0.54 percent to close at 6,214.68 as the Property sector led the advance while...
