Retrofitting existing gas-fired power plants to hydrogen, which is also a business model eyed by several energy firms in the Philippines for their mid-century net zero targets, could take five to seven years, according to an expert from a Japanese global engineering firm. Takakazu Morimoto,...
The local market recovered most of the day’s steep losses as investors continue to fret over the possibility that the Fed will remain aggressive with rate hikes. The main index lost 19.39 points or 0.29 percent to close at 6,589.88 with sectoral indices evenly divided. Volume rose to 798...
Government to strengthen policies toward high-quality job creation - NEDA As the country’s labor market conditions continue to improve, the government remains steadfast in strengthening its policy interventions geared toward generating more productive and higher-quality employment, said the...
The local stock market gained despite some profit-taking as investors wait for the February’s inflation figures. The main index added 15.75 points or 0.24 percent to close at 6,671.12 as the Services sector led the advance while Conglomerates declined. Volume fell to 656 million shares...
The local stock market rose after investor sentiment was boosted by the February inflation report. The main index gained 34.00 points or 0.51 percent to close at 6,705.12 as the Industrial sector led the advance but Conglomerates retreated. Volume improved to 1.82 billion shares worth...
CEBU CITY – A bill that would help boost tourism in the municipality of Bien Unido in Bohol province has been approved on third and final reading by the House of Representatives. Filed by Bohol Rep. Vanessa Aumentado, House Bill No. 6983 which seeks to declare the Bien Unido Double Barrier Reef...
The National Economic and Development Authority (NEDA) said the Regional Comprehensive Economic Partnership (RCEP) would further enhance the country’s market access. In a statement on Monday, Feb. 20, NEDA Secretary Arsenio M. Balisacan said that they remain steadfast in their support toward the...
Local share prices were higher but much lower than the day’s peak as investors wait for cues from economic data due in coming days. The main index inched up 15.32 points or 0.23 percent to close at 6,622.45 as Mining firms led the advance while Banks retreated. Volume was steady at 1.36...
Civil Service Commission (CSC) Chairperson Karlo Nograles has pledged his agency’s full cooperation and support for the Philippine Development Plan (PDP) 2023-2028 and the attainment of good governance goals. Civil Service Commission (CSC) Chairman Karlo Alexei Nograles (Senate PRIB Photo) In a...
The local stock market rose further as more firms report positive performances for the first half of the year. The main index expanded by 67.78 points or 1.07 percent to close at 6,430.08 although sectoral indices were evenly mixed with Conglomerates leading the advance while Miners lost the most....
The Philippine Creatives Industry Development Act lapsed into law last July 27, and is now known as Republic Act (RA) 11904. House Special Committee on Creative Industry And Performing Arts chairman and Pangasinan Rep. De Venecia (Photo from House of Representatives Media/MANILA BULLETIN) “This...
Senator Christopher “Bong” Go on Friday, June 3 said the incoming Marcos administration should pursue the “Balik Probinsya” program in order to accelerate regional development so that more Filipinos living in rural areas can enjoy greater economic opportunities in the long run. Go is...
