The National Development Company (NDC), the government investment arm attached to the Department of Trade and Industry (DTI), said it is currently exploring collaborations for potential investments in the establishment of a fill and finish facilities, and eventually bulk vaccine production plants....
The local stock market lost early gains to end lower as investors opted to take profits late in the session. The main index lost 47.52 points or 0.73 percent to close at 6,442.13 as the Services sector led the retreat although the Industrial and Property counters remained in the green. Volume eased...
President Marcos’ economic team narrowed its growth outlook for next year given the global headwinds, the Development Budget Coordination Committee (DBCC) said. On Monday, Dec. 5, the inter-agency body tasked to set the government’s macroeconomic assumptions revised downwards its gross domestic...
Former Department of Tourism (DOT) undersecretary, Roberto V. Antonio has joined the Development Bank of the Philippines (DBP)'s Board of Directors. As DOT undersecretary and senior consultant, he conceptualized the Eight Anchor Destination Program and the production of the DOT Foreign Offices...
The local stock market plunged as the weakness in the US and regional bourses prompted investors to continue to take profits. The main index fell 245.34 points or 3.64 percent to 6,489.65 points as Conglomerates led the retraction in share prices. Volume also declined to 874 million shares worth...
The United Nations (UN) has lauded the Philippines in its campaign to recognize the contribution of migrant​s all over the world ​to the inclusive growth and sustainable development ​and to the economy ​of their​ respective​ countries​. ​ Many...
The local stock market bucked the regional trend and started December with some profit-taking following six-day rally. The main index dropped 45.79 points or 0.68 percent to close at 6,734.99 although sectoral indices were evenly mixed. A hefty 796 million shares worth P10.11 billion changed hands...
The economic team of President Marcos will keep the government’s growth target this year despite the higher than expected pace of expansion recorded in the third quarter. Finance Secretary Benjamin E. Diokno said the inter-agency Development Budget Coordination Committee (DBCC) will keep its...
Overcoming a weak start due to the decline in US bourses, the local stock market breezed past the 6,700 level to close near the 6,800 mark as funds pushed up share prices. The main index jumped 99.31 points or 1.49 percent to close at 6,780.78 as the Property sector surged while the Industrial and...
Businessman Alfredo C. Ramos has passed away last Nov. 26, 2022 at the age of 79. Once listed by Forbes Magazine as among the Philippines’ Richest, Ramos is the son of National Book Store founder, Socorro Ramos and heads companies that have business interests in publishing, mining, oil...
Small to Medium Enterprise Seminar on January 2023 Small to Medium Enterprise nowadays are putting much importance on developing leaders, calibration and changes on ways how to value employees because people in the business do matter. Businesses thrive and succeed because of the people that works...
The Department of Budget and Management (DBM) has tapped its unprogrammed appropriation to fund the one-month requirement of a government aid to the poorest households in the country. Budget Secretary Amenah F. Pangandaman said the department approved the release of the Special Allotment Release...
