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...
The Department of Finance (DOF) announced the launch of a new project that aims to assist six climate-vulnerable cities in adapting to, and mitigating the effects of, climate change. On Thursday, March 10, the DOF launched the $15 million, or P750 million, five-year Climate Resilient Cities (CRC)...
The local stock market lost most of its intraday gains but still managed to end in the green as oil prices rose further due to the war in Ukraine. The PSEi inched up 12.15 points or 0.17 percent to close at 6,989.88 as Banks led the advance while Conglomerates and Mining firms retreated. Volume was...
The Philippine Stock Exchange index (PSEi) suffered its biggest drop in 20 months to crash below the 7,000 level after a major hike in pump prices took effect coupled with reports of an even bigger increase next week. The main index fell 310.34 points or 4.26 percent to close at 6,977.73 as banks...
The government’s top economic managers are crafting measures to cushion the impact of Ukraine-Russia war on the domestic economy, particularly on the prices of basic goods and commodities. While Finance Secretary Carlos G. Dominguez III believes the impact of the geopolitical crisis in Eastern...
Local share prices weakend as investors fear rising inflation amid the intensifying war between Russia and Ukraine. The main index lost 53.94 points or 0.74 percent to close at 7,288.07 as the Industrial sector led the retreat while the Mining and Oil counter was the only advancer. Volume improved...
Logo TESDA The Technical Education and Skills Development Authority (TESDA) has partnered with Petron Corporation to further boost its automotive training program. The agency recently signed a memorandum of agreement with the said oil company to establish a “state-of-the-art Car Care Center.”...
