The local stock market pulled back after the previous session’s spike as COVID cases continue to mount. PSEI-NEW-PHOTO-1024x683 The main index dropped 54.98 points or 0.77 percent to close at 7,085.69 as the Mining and Oil counter led the retreat across the board. Volume improved to 878 million...
The Bureau of Internal Revenue (BIR) has partnered with the Development Bank of the Philippines (DBP) and MyEG for a payment service that allows taxpayers to pay their tax dues online. 58503 In a statement released by MyEG on Tuesday, Jan. 11, the electronic solutions firm announced that the BIR is...
The local stock market started the week on a positive note on bargain hunting spurred by better jobs data. The main index surged 129.56 points or 1.85 percent to close at 7,140.67 as the Property and Financials sectors led the rally across the board. Volume was still low though at 745 million...
A group of medical doctors and private citizens called out the Metropolitan Manila Development Authority (MMDA) in its recent move to reduce the mobility of people who are unvaccinated against the coronavirus disease (COVID-19). Coronavirus vaccines have been prepared for distribution at a...
The Commission on Population and Development (POPCOM) has commended President Duterte for signing into law of a landmark measure that seeks to ban child marriage in the Philippines. (ALI VICOY / MANILA BULLETIN) POPCOM, which has long advocated for the strong protection of Filipino children being...
A number of trainer-volunteers from the Technical Education and Skills Development Authority (TESDA) have arrived in areas hit by Typhoon Odette to provide skills training and assistance in rehabilitation. (Photo from TESDA / MANILA BULLETIN) This move is part of the agency’s “TESDAmayan”...
Accelerated vaccination and more targeted alert level system with granular lockdowns would reduce coronavirus cases and deaths while bringing back more employment, the National Economic and Development Authority (NEDA) said. In a statement, Socioeconomic Planning Secretary Karl Kendrick T. Chua...
The local stock market fell as investors fret over rising COVID-19 cases and as more areas are put under more stringent quarantine measures. PSEI-NEW-PHOTO-1024x683 The main index dropped 74.41 points or 1.05 percent to close at 7,011.11 as the Property sector led the retreat across the board....
President Rodrigo Duterte’s economic managers said the imposition of stricter quarantine status over Metro Manila and nearby provinces is a necessary setback in the country’s recovery in the wake of the highly transmissible COVID-19 Omicron variant. The inter-agency Development Budget...
The local stock market closed slightly lower after bargain hunters bought up shares late in the session. Philippine Stock Exchange index (PSEi) The main index shed 5.88 points or 0.08 percent to close at 7,085.52 although only the Holding Firms counter managed to advance while the Services sector...
The local stock market bounced back from early losses after the government announced that the inflation rate has eased. The main index rose 50.13 points or 0.71 percent to close at 7,091.40 as the Services and Financials counters led the advance while the Industrial and Property sectors retreated...
The National Economic and Development Authority (NEDA) said the Omicron variant will not slam the Philippines' growth prospects for the year, saying the fresh blow of tighter quarantine controls is only temporarily. Two years into the COVID-19 pandemic, Socioeconomic Planning Secretary Karl...
