The local stock market managed to recover from early losses to push the Philippine Stock Exchange index (PSEi) into positive territory at the close of the day’s trading. The main index inched up 6.53 points or 0.09 percent to close at 7,026.45 on Wednesday, March 16, with the Mining and Oil...
Malacañang on Wednesday, March 16, said the proposal for a four-day workweek and the extension of the work from home (WFH) arrangements are still being considered by President Duterte. (MARK BALMORES / MANILA BULLETIN FILE PHOTO) In a virtual Palace briefing, Presidential Communications...
The government should start promoting the use of electric vehicles (e-vehicles) as a way to counter the effects of any abrupt disturbance on oil importation especially in the world market, Senator Sherwin Gatchalian said. Gatchalian, chair of the Senate Committee on Energy, said that while it may...
The Asian Development Bank (ADB) has flagged the Social Security System’s (SSS) “limited coverage” of unemployment benefit. Based on ADB’s report released on Wednesdays, March 16, the Manila-based multilateral institution said it is critically important for the SSS to have a well-funded UI...
The National Economic and Development Authority (NEDA) is proposing a four-day workweek to lower energy consumption amid skyrocketing pump prices. During President Duterte’s Talk to the People aired on Wednesday, March 16, Socioeconomic Planning Secretary Karl Kendrick T. Chua said limiting the...
The Council for People's Development and Governance (CPDG) refuted claims of rebel involvement in campaign rallies. (MARK BALMORES / MANILA BULLETIN) This, after presidential candidate Senator Panfilo Lacson alleged the presence of Communist Party of the Philippines legal fronts during the grand...
The local stock market recovered some of the previous day’s losses and returned above the 7,000 level as investors found prices of heavyweights too low to resist. The main index jumped 202.97 points or 2.98 percent to close at 7,019.92 with the Property and Banking sectors leading the advance...
The National Economic and Development Authority (NEDA) is confident that strong domestic demand would withstand the adverse affects of the Russia-Ukraine conflict that threatens the country’s return to pre-pandemic levels within the first-quarter. At a virtual briefing on Tuesday, March 15,...
Partido Reporma standard-bearer Senator Panfilo "Ping" Lacson took the opportunity to promote his research and development (R&D) agenda during his visit to Cagayan Valley this week for the benefit of local farmers and other workers in the thriving agricultural industries of the region. In his...
The PSEi plunged to a six-month low as the impact of Russia’s invasion of Ukraine is seem to affect the growth of Asian economies. The main index fell 295.24 points or 4.15 percent to close at 6,816.95, it’s lowest since Sept. 1, 2021 when it ended at 6,785.94. The Services sector led the drop...
Senatorial candidate Joseph Victor “JV” Estrada said he would push for the revival of the sugar industry once he gets a fresh term in the Senate in the May 2022 elections. Ejercito said he hopes to strengthen the Sugarcane Industry Development Act and the Anti-Agricultural Smuggling Act, both...
The local stock market rose with its regional peers as oil prices eased. The main index jumped 134.92 points or 1.93 percent to close at 7,124.80 as Conglomerates led the advance while the Mining and Oil dropped along with commodity prices. Volume was lower though at 3.35 billion shares worth P7.59...
