The Department of Science and Technology (DOST) Region 2 has kicked off its First Regional Research and Development Caravan on May 17 in a bid to promote research and development in the Cagayan Valley. Photo from DOST Region 2's website With a theme: “Inception to Commercialization Support to...
Filinvest Development Corporation (FDC), the flagship of the Gotianun family, posted a 35 percent drop in attributable net income to P2.0 billion in the first quarter of 2021 from P3.0 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said revenues and...
The PSEi managed to start the week in the green, thanks to late buying that allowed it to recover from early losses. The main index inched up 14.22 points or 0.23 percent to close at 6,283.58 with only the Financials and Holding Firms counters retreating. Volume was weak with 2.3 billion shares...
Amid recent government decisions that aim to increase the importation of rice and pork, food security advocacy group Tugon Kabuhayan has called for much-improved industry data gathering in the agriculture sector. In a virtual briefing, Asis Perez, convenor of Tugon Kabuhayan, said the government...
Senator Risa Hontiveros on Monday, May 17, said Malacañang should stop trumpeting China’s aid and development assistance to the Philippines, saying the country doesn’t owe a huge debt of gratitude to Beijing. Senator Risa Hontiveros (Senate PRIB/MANILA BULLETIN File photo) Hontiveros said...
Development projects have started in at least six barangays in Northern Samar that were identified as beneficiaries of the Barangay Development Program (BDP), an official of the National Task Force to End Local Communist Armed Conflict (NTF-ELCAC) disclosed Saturday, May 15. NTF-ELCAC Spokesperson...
Amid the prevalence of the COVID-19 pandemic, the Philippines is facing another looming concern on piling medical and plastic waste. In a statement, waste management firm Metro Clark Waste Management (MCWM) has called for improved waste management amid the country’s growing garbage problem. A...
The Duterte administration will revisit its medium-term macroeconomic targets and fiscal program next week following a worse-than-expected economic performance in the first-quarter. In a media advisory released by the Department of Budget and Management (DBM), it said the inter-agency Development...
After weeks of disagreement on pork imports, the Senate and the President’s economic team, led by Finance Secretary Carlos Dominguez III, decided to lower the import tariff cut proposed under Executive Order (EO) 128 and adjust the volume of pork imports allowed to enter the Philippines under...
The Philippine stock market dropped further on concern that the April inflation rate remained high. The main index fell 59.46 points or 0.94 percent to close at 6,299.69 with only the Mining and Oil counter advancing. Photo credit: https://www.pse.com.ph Volume also fell, down to 4.15...
The Philippines is reaping benefits from its friendly relations with China despite a lingering territorial conflict. President Rodrigo Duterte and Chinese President Xi Jinping (File photo: Malacañang) Amid the renewed tension in the West Philippine Sea, Malacañang has opted to present a list...
The local stock market lost a little more ground as investors continue to wait for more market moving news. The PSEi shed 10.13 points or 0.16 percent to close at 6,359.15 with only the Financials counter managing to close in the green. Volume remained anemic at 3.19 billion shares worth P4.63...
