The local stock market is off to a good start as investors begin the 2023 with renewed optimism. The main index rose 19.62 points or 0.30 percent to close at 6,586.01 as the Mining and Oil sector led the advance while Banks and Property firms lagged behind. Volume remained thin at 2.06 billion...
The proposed 44.8-hectare New Clark City Central Park has recently bagged the SEMEC Gold Award for the Analysis and Planning Category of the 2022 Singapore Landscape Architecture Awards. The award, which recognizes the New Clark City Central Park’s sustainable and inclusive design, was presented...
The National Economic and Development Authority (NEDA) Board chaired by President Ferdinand R. Marcos, Jr., approved last December 16 the Philippine Development Plan for 2023-2028, with the following key macroeconomic targets: gross domestic product (GDP) growth ranging from 6.5 to 8.0 percent;...
Senator Sherwin Gatchalian on Sunday, January 1 called on the management of major tollways in the country to ensure traffic flow would be swift as regular work and classes resume early this week. Gatchalian made the call following the Metropolitan Manila Development Authority’s (MMDA)...
Photo caption: Bases Conversion and Development Authority President and Chief Executive Officer Aileen R. Zosa presents to UK investors the investment opportunities in New Clark City during an investment roadshow at the Regent’s University in London, United Kingdom. BCDA photo. Photo caption: A...
The Development Bank of the Philippines (DBP) granted a P254-million loan to renewable energy firm Upgrade Energy Philippines, Inc. (UEP) to spur investments in the sector amidst rising demand. UEP, an engineering, procurement and construction contractor, offers renewable energy and energy...
Gecar Machine Solutions Inc. (Gecar), a licensed fabricator of food processing equipment designed and developed by the Department of Science Technology -Metals Industry Research and Development Center (DOST-MIRDC)recently closed another successful transaction with the food manufacturing sector....
The Philippine economy is projected to weaken in 2023 with gross domestic product (GDP) decelerating to 4.5 to 5.5 percent as the global economic environment deteriorates, a government think tank said. A study published by Philippine Institute for Development Studies (PIDS), authors Senior Research...
The Department of Social Welfare and Development (DSWD) said on Monday, Dec. 26 that it has allotted P56.50 million worth of Quick Response Fund and P75.56 million as standby funds in the field offices for those affected by massive flooding in Visayas and Mindanao. AUTHORITIES conduct a rescue...
The Department of Public Works and Highways (DPWH) said Monday, Dec. 26, that it has completed the construction of two farm-to-market roads in the district of Jaro in Iloilo province, providing an improved access to the agricultural products in Western Visayas (Region 6). DPWH logo DPWH Region 6...
The Department of Public Works and Highways (DPWH) reported Monday, Dec. 26, that the widening of the Arterial Bypass Road in Bulacan that links the North Luzon Expressway (NLEX) and the Philippine-Japan friendship Road (Daang Maharlika) is going on swiftly and will likely be finished next year....
The Technical Education and Skills Development Authority (TESDA) highlighted the importance of having collaborations as well as partnerships with private institutions towards delivering high-quality and relevant tech-voc training to Filipinos. TESDA During the recent 21st Human Resource and Skills...