The local stock market took a breather after a three-day rally while investors wait for US economic data. The main index shed 6.46 points or 0.10 percent to close at 6,673.50 as the Mining and Oil sector continued to drop while Banks and Industrials stayed in the green. Volume was low at 684.77...
The local stock market continued to regain lost ground, rising for the third day on the optimistic outlook for remittances. The main index rose 58.08 points or 0.88 percent to close at 6,679.96 as Banks led the rally although Miners lagged behind. Volume also improved to 343 million shares worth...
The PSEi returned above the 6,600 level as investor sentiment was boosted by the rise in US stocks. The main index added 38.41 points or 0.58 percent to close at 6,621.88 as the Property counter led the advance across the board. Volume inched up to 775 million shares worth P4.76 billion as gainers...
The National Economic and Development Authority (NEDA) has called for the enactment of a proposal to establish the Department of Water Resources in order to resolve the duplicative roles in water agencies. “Currently, there are over 30 agencies with overlapping functions over the country's water...
The Department of Social Welfare and Development (DSWD) reported on Saturday, Jan. 20, that over 6.5 million Filipinos facing “difficult circumstances” received assistance through its Assistance to Individuals in Crisis Situation (AICS) program from January to December last year. DSWD / Manila...
The local stock market dipped to end the week lower as investors seek fresh catalysts. The main index shed 7.33 points or 0.11 percent to close at 6,503.54 with sectoral indices evenly split. Volume rose to 301 million shares worth P6.19 billion as gainers outnumbered losers 106 to 65 with 59...
The local stock market dropped closer to the 6,500 level as investors worry that recent economic data may lead to less aggressive rate cuts. The main index fell 61.64 points or 0.94 percent to close at 6,510.87, with the Property and Mining counters leading the retreat. Volume declined to 314...
The Department of Agriculture (DA) is eyeing the Laguna de Bay as a major source of fish production for Metro Manila and the provinces surrounding the lake. Agriculture Secretary Francisco Tiu Laurel, Jr. said in a statement on Thursday, Jan. 18, that Laguna Lake could help produce more food at a...
President Marcos is keen on utilizing the Pasig River as a center of transportation connectivity within Metro Manila. Pasig River Urban Development Showcase Area project (Noel B. Pabalate) Marcos said more ferry boats will be deployed and stations will be built along the Pasig River, which he...
President Marcos bared that he was advised to be cautious over what he called an "ambitious but worthwhile" Pasig River development project as it could become a "barometer" of his political career. President Ferdinand 'Bongbong' Marcos Jr. leads the inauguration of the Pasig River development...
President Marcos has inaugurated the Pasig River urban development project in Manila which aims to transform the river into a center of economic activity, tourism, and transportation connectivity within the metropolis. Marcos, First Lady Liza Araneta-Marcos, and several government officials...
The government is partnering with the Asian Development Bank (ADB) on the rightsizing and a public financial management (PFM) institute for local agencies, the Department of Budget and Management said. Budget Secretary Amenah F. Pangandaman said that ADB has been aiding the government in passing...
