The local stock market lost ground as investors wait for the President’s State of the Nation Address (SONA). The main index dropped 53.86 points or 0.86 percent to close at 6,209.53 as Banks led the retreat although the Property and Mining counters managed to advance. Volume remained thin at 517...
Atlas Consolidated Mining and Development Corporation reported a slight improvement in net income to P2 billion in the first half of 2022 from the P1.94 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said “The improvement in the bottom line...
Technical Education and Skills Development Authority (TESDA) Director General Danilo Cruz has expressed his desire for the agency to provide more training that will improve the economic and social standing of the Filipino workforce. TESDA/MB He said this during his first flag raising ceremony as...
The Development Bank of the Philippines (DBP) is funding Kiangan Mini Hydro Corporation (KMHC)'s P2.6-billion consolidation of three river systems into two renewable power projects in Ifugao. “DBP’s credit support to the Asin-Hungduan and Ibulao1 Mini Hydropower Projects demonstrates our...
The local stock market ended just a bit higher after listless trading as investors wait for catalysts. The main index inched up 7.22 points or 0.12 percent to close at 6,263.39 with sectoral indices evenly mixed. Volume dropped to 604 million shares worth P3.29 billion as losers outpaced gainers 92...
The public was strongly warned against entertaining calls from individuals posing to be employees of the Department of Social Welfare and Development and claiming to be distributing “unclaimed” Covid-19 aid. (Unsplash) “A report from a concerned citizen was received by the Department that...
The Department of Social Welfare and Development (DSWD) has extended cash assistance amounting to P6,168,299.35 to victims of the recent flash flood in Ifugao Province. Family food packs are unloaded at a warehouse of the Department of Social Welfare and Development-Cordillera to be distributed to...
The local stock market dipped due to sobering US and domestic economic data. The main index declined by 18.63 points or 0.30 percent to close at 6,256.17 as the Property sector ked the retreat while Banks and Mining firms bucked the trend. Volume grew to 807 million shares worth P6.09 billion aa...
Asian Development Bank (ADB) expects the Philippine economy to grow at a much faster pace this year despite accelerating consumer prices. In the Asian Development Outlook 2022 Supplement report released on Thursday, July 21, the Manila-based multilateral institution raised its gross domestic...
Director General Danilo P. Cruz, the new head of the Technical Education and Skills Development Authority (TESDA), took his oath of office Wednesday, July 20. TESDA In a Facebook post, TESDA said Cruz took his oath before Department of Labor and Employment Secretary Bienvenido E. Laguesma at the...
TACLOBAN CITY – The construction of the P1-billion Spark Samar Sports Development Complex in Barangay Lagundi, Catbalogan City, Samar is under way with the groundbreaking ceremony Wednesday, July 20. SCALE model of the Spark Samar Sports Development Complex in Catbalogan City, Samar. (Photo...
The Asian Development Bank (ADB) expects the Philippine economy to grow at a much faster pace this year despite accelerating consumer prices. In the Asian Development Outlook 2022 Supplement report released on Thursday, July 21, the Manila-based multilateral institution raised its gross domestic...
