The local stock market moved up after news that US inflation slowed down in November, boosting hopes of less aggressive interest rate hikes. The main index added 32.69 points or 0.50 percent to close at 6,615.07 as Conglomerates led the advance but the Property counter stayed in the red. Volume...
DAVAO CITY – The national government was urged to transfer the ownership of the dilapidated Santa Ana Port to the city government of Davao which plans to establish a Marina Development and Commercial Complex that will position the facility as a center point of this city’s tourism development....
The Asian Development Bank (ADB) raised this year’s growth forecast for the Philippines on stronger-than-expected domestic demand, but it expects the expansion to move at a much slower pace next year due to financial tightening and global headwinds. Based on the latest supplement to the Asian...
Two development partners of the Philippines and a US-based think tank have recommended the establishment of a sovereign wealth fund (SWF), the Department of Budget and Management (DBM) said. Budget Secretary Amenah F. Pangandaman said the Asian Development Bank (ADB), the International Monetary...
A symphony of life China Internet Development Foundation and the ANT Group have jointly launched “Internet in China," a public service advertising series on the topic of mobile payment called "A Symphony of Life." The series looks back at the changes and promotion of innovation of mobile payment...
Two Philippine public high schools were conferred with the SEAMEO-Japan Education for Sustainable Development (ESD) Award for their excellent sustainable development initiatives. Out of the 272 participating schools, La Filipina National High School (LFNHS) in Tagum City bagged the 1st prize while...
The PSEi lost most of its early gains but managed to remain in the green at the end of trading. The main index ibched ip 5.08 points or 0.08 percent to close at 6,585.20 mainly on the strength of Banks as the Services and Property counters retreated. Volume was lower at 570 million shares worth...
The Department of Social Welfare and Development (DSWD) assured the public that its Central Office, Field Offices, and National Resource Operations Center have over P1.4 billion worth of standby funds and stockpiles in preparation for tropical depression Rosal. Courtesy of Department of Social...
A good development. ACT Teachers Party-list Rep. France Castro (House of Representatives website) That's how Deputy Minority leader and ACT Teachers party-list Rep. France Castro described the developments in the stateside cases against Kingdom of Jesus Christ, The Name Above Every Name (KOJC)...
The country's first "high-power hybrid rocket" made from 3D-printed advanced composite materials is set to be launched into space in 2023, the Philippine Space Agency (PhilSA) announced on Friday, Dec. 9. "Astronaut Soichi Noguchi captured the Philippines from the International Space Station (ISS)...
The local stock market bounced from last Wednesday’s drop on more optimism over the US and Chinese economies. The main index rose 54.96 points or 0.84 percent to close at 6,580.12 as the Services sector led at advance while Banks and Industrials retreated. Volume remained steady at 516 million...
CEBU CITY – The Cebu Port Authority (CPA) on Friday, Dec. 9, reported the completion of a major seaport development project. The project with a total budget of P80.8 million sourced from the CPA Corporate Budget involves the repair and expansion of the RC Deck inside the Cebu Baseport at the back...
