The local stock market rose before the week ended, boosted by hopes that inflation in the US is already coming down from its peak. The main index jumped 119.20 points or 1.93 percent to close at 6,286.77as Conglomerates and the Property sector led the rally. Volume improved to P4.92 billion as...
The Department of Public Works and Highways (DPWH) has completed a new farm-to-market road (FMR) in Butuan City, Agusan del Norte worth P17 million which is expected to improve the mobility of goods and agricultural products. Courtesy of DPWH DPWH Regional Office 13 Director Pol M. Delos Santos...
Stock market analysts cheered the higher-than expected Philippine economic growth in the third quarter, attributing it to the Marcos government’s decision to ease Covid restrictions which resulted in higher consumer spending and a more active economy. “Growth was able to outperform the previous...
Senator Raffy Tulfo on Friday, November 11, welcomed President Marcos’ call for aggressive action to address the country’s short-term and long-term energy requirements. In a statement issued today, Tulfo thanked the Chief Executive for promptly responding to the pressing issue on energy, saying...
The local stock market continued to drop despite the release of better-than-expected economic growth numbers. The main index fell 74.11 points or 1.19 percent to close at 6,167.57 although sectoral indices were evenly mixed with the Property counter leading gains while Conglomerates saw the biggest...
The Department of Science and Technology (DOST) launched on Wednesday, Nov. 9, the first day of the Handa Pilipinas: Innovations in Disaster Risk Reduction and Management Expo 2022 to showcase the latest innovative technologies and products and research and development (R&D) project-related...
The local stock market declined as investors continue to wait for the outcome of US elections and the Wednesday’s GDP report. The main index dropped 47.42 points or 0.75 percent to close at 6,242.68 as the Mining and Oil index led the retreat while the Industrial and Holding Firms counters...
Stocks ease before US midterm elections The PSEi took a breather after posting strong gains in the last two sessions as investors took profit before the US midterm elections and the release of Philippine GDP figures. The main index shed 6.48 points or 0.10 percent to close at 6,289.10 as the Mining...
The House Committee on Sustainable Development Goals (SDG) has approved a bill that seeks to establish a Green Public Procurement Program for all branches of the government. House Bill (HB) 1272 , otherwise known as “An Act Establishing A Green Public Procurement Program For All Branches Of...
The National Economic and Development Authority (NEDA) vowed to create a more enabling regulatory and investment climate that supports businesses in the country as the private sector plays a critical role in boosting job creation and reducing poverty. In his remarks at the US-ASEAN Business Council...
The National Economic and Development Authority (NEDA) said policies against climate change will have a pivotal role in upcoming development plans as these are much needed to achieve inclusive economic growth for the country. In a statement on Thursday, Oct. 27, Socioeconomic Secretary Arsenio M....
The Philippines, like China, should depend on modernization to achieve economic development and social progress, among other arduous tasks it faces as a country, Chinese envoy to the Philippines said Tuesday. With the Philippines and China both developing countries in Asia, Chinese Ambassador to...
