The local stock market ended the week lower, bucking the trend in overseas markets. The main index dropped 44.44 points or 0.64 percent to close at 6,906.86 as the Services sector continued to lead the retreat at it suffered from profit-taking while the Financials and Mining and Oil counters...
The Federation of Free Farmers (FFF) supports the proposed transfer of the National Irrigation Authority (NIA) from the Office of the President (OP) to the Department of Agriculture (DA). “It is very clear and logical that NIA should be under the DA, since all its activities are directly aimed at...
The Securities and Exchange Commission (SEC) has public offerings to raise about P87 billion planned by Ayala Land, Inc., Synergy Grid & Development Phils, Inc., Megawide Construction Corporation, and The Keepers Holdings, Inc. The Commission En Banc resolved to render effective the respective...
The Department of Science and Technology (DOST) has cited the significant role of the local government units in improving Filipinos’ quality of life through building sustainable communities and cities. (DOST-PCIEERD) DOST Secretary Fortunato “Boy” T. de la Peña said they consider LGUs as...
The Department of Social Welfare and Development (DSWD) assured the public Thursday, Oct. 7, that the resources of the local government units (LGUs) affected by tropical depression “Lannie” will be augmented. Department of Social Welfare and Development (DSWD/MANILA BULLETIN FILE) The DSWD said...
Three years since the implementation of the Rice Tariffication Law (RTL), the Philippine Center for Postharvest Development and Mechanization (PHilMech), the government agency tasked to mechanize the local rice sector, has only spent merely 6 percent of its total allocation under the Rice...
The PSEi failed to hold above the key 7,000 level as stocks succumbed to profit-taking after rising in the first three days of the week. The main index fell 106.15 points or 1.5 percent to close at 6,951.30 with the Services counter suffering the biggest loss while the Financials sector was the...
TVI Resource Development Philippines Inc. (TVIRD), the local affiliate of listed Canadian mining firm TVI Pacific Inc. (TVI), has commenced commercial operations of its gold-silver mine in Sitio Balabag, Zamboanga del Sur. In a statement, TVIRD Balabag Project Manager Jun Gingo said the company is...
About 25,000 coronavirus disease (COVID-19) patients have been treated in the New Clark City in Tarlac since the pandemic began in the country, Bases Conversion and Development Authority (BCDA) President and CEO Vince Dizon reported Wednesday, Oct. 6. (Photo from BCDA) "Nung February of 2020 wala...
A joint memorandum circular creating a special committee which will ensure the efficient and harmonized delivery of assistance during disaster and emergencies has been signed. Department of Social Welfare and Development Secretary Rolando Joselito D. Bautista (above center), Department of Trade and...
Almost 13,000 employees of the Department of Social Welfare and Development (DSWD) have already been fully vaccinated against coronavirus disease (COVID-19). (MANILA BULLETIN FILE PHOTO) The DSWD reported that a total of 12,972 employees from Central Office and Field Offices (FOs) have completed...
The PSEi breached the 7,000 resistance level as share prices rode on optimism from gains in US bourses as well as the declining COVID numbers in the Philippines. The main index rose 78.27 points or 1.12 percent to close at 7,059.51 as the Services sector continued to lead the charge across the...