After a healthy start this year, stocks dropped on Friday, Jan. 6, as investors took profits at the local stock market after US bourses dropped due to renewed concern over interest rate hikes. The main index fell 93.36 points or 1.38 percent to close at 6,667.97 with the Industrial counter leading...
An average of eight out of 10 technical vocational education and training (TVET) graduates got employed, a study conducted by the Technical Education and Skills Development Authority (TESDA) revealed. TESDA Director General Danilo P. Cruz. (Photo courtesy of TESDA) In a statement released on...
Unemployment rate in November fell to its lowest level in over 17-years, signaling the strong recovery of the economy from the prolonged pandemic, the National Economic and Development Authority (NEDA) said. The Philippine Statistics Authority reported on Friday, Jan. 6, that the level of...
Information and Communications Technology Undersecretary Anna Mae Lamentillo ranked first in a non-commissioned poll for Philippine government spokespersons. (MB Visual Content Group) The “Boses ng Bayan” poll, which was conducted by the RP- Mission and Development Inc. from Nov. 27 until Dec....
The local stock market continued to trek higher after the announcement of a favorable inflation rate for December. The main index rose 42.83 points or 0.64 percent to close at 6,761.33 as Banks led the advance while the Services and Mining counters declined. Volume improved slightly to 1.85 billion...
The Philippine Development Plan (PDP), the blueprint for social and economic development for the next six years, prioritizes mass transport, according to the Department of Transportation (DOTr). Specifically, the plan calls for developing railways, road-based, and ferry systems in metropolitan...
At least P52,417,028 worth of cash assistance was dispensed by the Department of Social Welfare and Development (DSWD), local government units, and other groups to various regions nationwide affected by heavy rains and flooding caused by the shear line. Courtesy of DSWD Region X (Facebook) This was...
The inclusion of ecozone development in the country’s Philippine Development Plan PDP 2023-2028 (PDP) is expected to boost the 10 percent growth target in investments set by the Philippine Economic Zone Authority (PEZA). In a statement, PEZA OIC Deputy Director General Tereso O. Panga said the...
Local share prices surged to the 6,700 level on the second day, Jan. 4, of trading in 2023 as more investors returned to the market from the holidays. The main index jumped 132.49 points or 2.01 percent to close at 6,718.59 as the Mining and Services sectors led the rally across the board. Volume...
The Department of Social Welfare and Development (DSWD) assured that it is ready and has sufficient assets to assist Cagayan Valley and Tacloban which are seen to be heavily affected by the northeast monsoon or amihan. Courtesy of MB Visual Content Group "As part of its mandate, the DSWD is...
The cash payout for the Assistance to Individuals in Crisis Situations (AICS) program has been temporarily suspended by the Department of Social Welfare and Development (DSWD) until the processing of the agency's fund for 2023 is finished. Distribution of DSWD’s Assistance to Individuals in...
A total of P85 million worth of financial, food, and non-food assistance was released by the Department of Social Welfare and Development (DSWD) to flood-hit regions in Visayas and Mindanao caused by the shear line. (MB VISUAL CONTENT GROUP) DSWD spokesperson Assistant Secretary Romel Lopez said on...
