The Philippine Stock Exchange index (PSEi) dipped slightly on Friday, Oct. 17, as the market traded sideways while investors wait for companies to start reporting their third-quarter performance. The main index shed 4.14 points, or 0.07 percent, to close at 6,089.53. The drop in the property and...
The coal moratorium, a policy meant to suspend new coal-fired power projects, is being weakened by new exemptions from the Department of Energy (DOE), drawing immediate criticism from environmental and industry analysts. The Center for Energy, Ecology, and Development (CEED) raised concerns Friday,...
Nearly 7,000 winning bids and purchase offers have been recorded just six weeks since the launch of Pag-IBIG Fund’s Acquired Assets Super Sale, marking a strong start for the program and reinforcing government efforts to make homeownership more accessible for Filipino workers. The online Super...
The Philippine Stock Exchange index (PSEi) was almost unchanged on Thursday, Oct. 16, after late selling erased the day’s gain as investors locked in profits while waiting for the start of the third-quarter earnings season. The main index shed just 0.43 points, or 0.01 percent, to close at...
The Philippine Stock Exchange index (PSEi) rose for a third straight session as investor sentiment improved amid a firmer peso and prospects for further central bank interest-rate cuts. The main index, or PSEi, added 17.88 points, or 0.29 percent, to close at 6,094.10 on Wednesday, Oct. 15,...
The Bases Conversion and Development Authority (BCDA) is partnering with home-grown technology firm CostPlus Inc. to explore renewable energy solutions in New Clark City and other properties managed by the state-run firm. BCDA President and Chief Executive Officer (CEO) Joshua Bingcang said he...
Scientists from Ateneo de Manila University are researching a potential vaccine that could stop Helicobacter pylori (H. pylori)—the bacterium responsible for most ulcer cases—before it causes damage, using cutting-edge immunoinformatics technology to design a new line of defense for millions at...
The Philippine Stock Exchange index (PSEi) gained ground, boosted by easing United States-China trade tensions and investor anticipation of more rate cuts from the Bangko Sentral ng Pilipinas (BSP). The main index rose 23.89 points (0.39 percent) to finish at 6,076.22 on Tuesday, Oct. 13. The...
Gotianun-led Filinvest Development Corp. is consolidating its hotel and resort businesses by folding them into Filinvest Hospitality Corp. (FHC). In a disclosure to the Philippine Stock Exchange, Filinvest announced that its board of directors has approved the planned merger of nine wholly-owned...
The Philippine Stock Exchange index (PSEi) rose on Monday, Oct. 13, after investors picked up bargains as treasury yields dropped while the peso firmed up. The main index added 14.54 points, or 0.24 percent, to close at 6,052.33 on the strength of the services and mining sectors, as most of the...
The Department of Labor and Employment (DOLE) has stepped up its campaign in Surigao del Sur in a bid to build what ir described as a healthier and more empowered workforce through workplace-based family welfare programs promoting well-being, family planning, and social inclusion. The initiative...
State-run think tank Philippine Institute for Development Studies (PIDS) has urged the Philippine government to implement several key measures to ensure the success and sustainability of the circular economy (CE) transition. “The state’s desire to promote economic transformation and sustainable...
