DUBAI, UAE – Multilateral lending firm Asian Development Bank (ADB) sees biggest potential for carbon emissions reduction with the energy transition mechanism (ETM) being pushed for the retirement or repurposing of coal plants all over the world. “Coal-fired power plants produce more global...
President Marcos' chief economist said that foreign investors should leverage the Philippines' rapid economic growth, the fastest in the region, as well as its recent policy reforms and initiatives. During the 2024 Economic Outlook Forum hosted by the European Chamber of Commerce of the...
House Speaker Martin Romualdez (Speaker’s office) House Speaker Martin Romualdez has trumpeted before the 4th Asia-Pacific Evaluation Association conference the Philippine lawmakers' commitment to enact a National Evaluation Policy (NEP). ...
Local share prices fell as investors preferred to hold on to cash over the long weekend. The main index lost 71.08 points or 1.13 percent to close at 6,234.77 as Banks led all sectors in the retreat. Volume eased to 270 million shares worth P3.67 billion as gainers edged out losers 83 to 82 with 49...
The PSEi was able to recover most of the day’s loss to end almost flat amid some profit-taking as investors wait for fresh cues. The main index shed 3.1 points or 0.05 percent to close at 6,305.85 as Banks led the decline while Conglomerates and Services advanced. Volume improved to 345...
National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said that the signing into law of the Public-Private Partnership (PPP) Code of the Philippines will create a more stable policy environment for infrastructure projects. "The PPP Code will enable much-needed development...
The local stock market ended up after early profit-taking following the release of lower-than-expected inflation figures for November. The main index rose by 24.58 points or 0.39 percent to close at 6,308.95 even though sectoral indices were evenly split. Volume was still low at 622 million...
House of Representatives (Ellson Quismorio/ MANILA BULLETIN) House Speaker Martin Romualdez affirmed the commitment of the House of Representatives for the passage of bills in support of the 2030 United Nations (UN) Sustainable Development Goals...
Philippine shares rose ahead of the release of economic data here and overseas including the November inflation number. The main index added 39.19 points or 0.63 percent to close at 6,284.37 with the advance led by the surge in Mining and Oil stocks. Volume remained weak though at 446 million...
Davao City 1st district Rep. Paolo Duterte (Facebook) Davao City 1st district Rep. Paolo Duterte's advocacy for sustainable development hasn't gone unnoticed and unappreciated. The current 19th Congress has practically become the vehicle for the...
The Department of Social Welfare and Development (DSWD) on Friday, Dec. 1, was recognized as one of the top-performing government agencies for the third quarter of the year, according to the Tugon ng Masa (TNM) nationwide survey conducted by OCTA Research. DSWD / Manila Bulletin In a...
The PSEi was up today, Dec. 1, following gains made by US bourses amid hopes that interest rates will not be raised. The main index added 21.45 points or 0.34 percent to close at 6,245.18 as the Property counter led the advance while Banks and Miners lagged behind. Volume declined to 1.68...
