The local stock market continued to rally on optimism that rate hikes will become less aggressive. The main index rose 80.67 points or 1.26 percent to close at 6,510.32 as the Property sector led the advance across the board. Volume was slightly higher at 802 million shares worth P5.88 billion as...
Turning Japanese! IRASSHAIMASE Entrance at 8th Avenue featuring the Mitsukoshi Lion. Over time, the Japanese and Filipinos have become good friends. Japan is now among the leading foreign investors and providers of development aid to the Philippines. In 2016, East Asia Forum learned that of all...
The PSEi rose after a brief respite yesterday on the back of foreign buying in blue chips. The main index added 26.41 points or 0.41 percent to close at 6,429.65 as sectoral indices were evenly mixed. Volume declined to 525 million shares worth P5.39 billion as losers beat gainers 117 to 78 with 41...
The social welfare committee of the powerful bicameral Commission on Appointments (CA) deferred on Tuesday, November 22, the public hearings on the fitness of Erwin Teshiba Tulfo to become the Department of Social Welfare and Development (DSWD) secretary because of citizenship issues and his libel...
Undergraduate students and non-teaching personnel of Nueva Vizcaya State University (NVSU) - Bambang Campus have benefitted from the Department of Information and Communications Technology’s (DICT) five-day digital literacy and internet media training. “The training aims to provide ICT-related...
The local stock market started the week with some profit-taking as investors wait for economic news from the US. The main index shed 34.14 points or 0.53 percent to close at 6,403.24, dragged down by the Property and Holding Firms counters while all other sectors actually advanced. Volume improved...
United States (US) Second Gentleman Douglas Emhoff announced on Monday, Nov. 21, that the US through the United States Agency for International Development (USAID) will be providing $5 million to accelerate the country's vaccine rollout. (Photo from DOH Facebook page) Emhoff made the announcement...
The local stock market ended the week higher after the Bangko Sentral raised policy by 75 basis points as expected. The PSEi rose 33.64 points or 0.52 percent to close at 6,437.38 with Banks leading the advance. Volume was lower at 570 million shares worth P5.33 billion as gainers outnumbered...
The local stock market managed to end in the green after seeing some losses earlier in the session as investors wait for the result of the Bangko Sentral policy meeting. The main index added 11.65 points or 0.18 percent to close at 6,403.74 with sectoral indices again evenly mixed. Volume was...
Filinvest Development Corporation (FDC), the holding company of the Gotianun family, reported a 36 percent drop in attributable net income to P3.97 billion in the first nine months of 2022 from the P6.18 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange,...
The House Committee on Social Services has approved the consolidation of a measure, which seeks to institutionalize the Assistance to Individuals in Crisis Situation (AICS) Program of the Department of Social Welfare and Development (DSWD). Distribution of DSWD’s Assistance to Individuals in...
The National Economic and Development Authority (NEDA) has assured Malacañang that the Marcos administration’s development plan will be ready for implementation beginning next year. In a briefing with President Ferdinand R. Marcos Jr. last Nov. 15, Socioeconomic Planning Secretary Arsenio M....
