The Manila-based Asian Development Bank (ADB) has raised its economic growth outlook for the Philippines due to improving coronavirus (COVID-19) situation and the acceleration in the government’s inoculation program. Based on the supplement to the Asian Development Outlook (ADO) 2021 on Tuesday,...
Presidential aspirant Vice President Leni Robredo expressed her gratitude to the Civil Service Commission (CSC) and the Development Academy of the Philippines (DAP) for the recognition they bestowed on the Office of the Vice President’s (OVP) programs and processes. Vice President Leni Robredo...
The local stock market closed almost flat after trading sideways most of the day due to the absence of fresh market moving news. The main index shed 1.31 points or 0.02 percent to close at 7,190.86 as the Services sector led the retreat while the Mining and Oil and Property counters managed to...
The Duterte administration has tapped the Asian Development Bank (ADB) for a fresh $250 million loan to help the Philippines in securing additional coronavirus disease (COVID-19) vaccine supply. The Manila-based multilateral institution said on Monday, Dec. 13, that it has approved the new loan to...
The Philippines is committed to continue optimizing the use of research and development (R&D) investments and ensuring that R&D outputs will benefit the concerned stakeholders and the public. DOST Secretary Fortunato “Boy” T. de la Peña (PCOO/MANILA BULLETIN FILE) DOST Secretary...
The local stock market declined at the end of the trading week after investors pocketed gains from the recent rally in share prices. The main index dropped 42.75 points or 0.59 percent to close at 7,192.17 as banks led the retreat across the board. 52188 Volume rose to 3.57 billion shares worth...
The local stock market rose on the back of growing optimism that the Omicron variant will not be as bad as initially feared. The main index jumped 87.62 points or 1.23 percent to close at 7,234.92 as banks led the advance with only the Property sector posting a marginal decline. PSE_NEW Volume...
Beijing-led Asian Infrastructure Development Bank (AIIB) commended the proposal of the Department of Finance (DOF) for multilateral development banks (MDBs) to work together in incentivizing private capital flows for climate projects of developing countries. In a letter to Finance Secretary Carlos...
Japan has always been one of my most fascinating countries. In fact, if you asked me to live long-term somewhere outside the Philippines, given the choice, my first pick would be Japan. I adore how things work so efficiently, how they’re sticklers for cleanliness and hygiene, and I do love their...
Presidential aspirant Vice President Leni Robredo on Tuesday, Dec. 7, appealed to economic leaders as she highlighted the importance of a “trustworthy, empowering, and agile” government and took pride in her work over the past five years. Vice President Leni Robredo delivers a message during...
The local stock market managed to end higher after treading in the red most of the day following to release of positive economic data. The main index added 26.56 points or 0.23 percent to close at 7,147.30 although most sectors were down with banks postings the biggest losses while only the Holding...
The Department of Public Works and Highways (DPWH) Regional and District Engineering Offices has launched the nationwide Assistance to Youth and Unemployed for Development and Advancement, or AYUDA, Program on Tuesday, Dec. 7 at the Rizal Park in Manila in a bid to provide local employment...
