Figaro Innovation and Development Inc. (FIDI), a subsidiary of Figaro Coffee Group, is pleased to announce the signing of a mutual non-disclosure agreement, marking the beginning of a strategic partnership aimed at boosting local agricultural development and ensuring food security together with San...
The local stock market dipped on thin trading as investors wait for fresh corporate earnings reports to come out. The main index shed 9.1 points or 0.12 percent to close at 7,406.63 with sectoral indices evenly mixed. Volume was weak at 638 million shares worth P3.3 billion as losers outnumbered...
A new transportation hub, set to rival the scale of the Parañaque Integrated Terminal Exchange (PITX), is in the works in Quezon City, the Government Service Insurance System (GSIS) announced. In a statement, the pension fund said on Monday, Oct. 21, that four government agencies have joined...
The local stock market ended the last trading day of the week with a slight uptick with investors looking forward to the start of the season for the release of third quarter earnings reports. The main index added 15.40 points or 0.21 percent to close at 7,415.73 with Miners leading the advance...
DAVAO CITY – Mindanao Development Authority (MinDA) Chairman Secretary Leo Tereso A. Magno welcomed on Thursday, October 17, the Mindanao Transport Connectivity Improvement Project, and emphasized his trust in the administration’s strong commitment to Mindanao’s growth. Magno made the...
Australia will extend to the Philippines over P4 billion yearly or a total of more than P20 billion in official development assistance (ODA) grants to priority programs and projects under a new five-year plan. Launched on Thursday, Oct. 17, the Australia-Philippines Development Partnership Plan...
Local share prices dropped in afternoon trading as investors turn cautious amid global uncertainties after rising in the morning session due to the rate cut. The main index lost 36.67 points or 0.49 percent to settle at 7,400.33 as Conglomerates led the retreat while Banks managed to advance....
Despite delays due to budget cuts, the World Bank has lauded the implementation of its one-decade-old financing for a local community poverty-reduction program of the Department of Social Welfare and Development (DSWD). Referring to its loans for the DSWD's National Community-Driven Development...
In an exciting move early this year, Victor Consunji Development Corp. (VCDC) successfully acquired 80,290 square meters of prime land from one of the country’s leading developers, Sta. Lucia Land. The acquisition forms part of Sta. Lucia's latest premium offering, Acropolis Loyola, located in...
The National Economic and Development Authority (NEDA) said public-private partnerships (PPPs) are vital in bolstering the Philippines' disaster resilience, particularly in developing climate-resilient infrastructure. During the opening of the 2024 Asia-Pacific Ministerial Conference on Disaster...
As natural disasters displace Filipinos the most compared to their neighbors in the region, multilateral lenders enjoin quick aid and response to calamity victims to prevent them from sliding into poverty. "The Philippines is, by far, the country most affected in Southeast Asia, with nearly 43...
Ayala Corporation chairman Jaime Augusto Zobel de Ayala, Ayala Land president and CEO Meean Dy, Department of Transportation Undersecretary Andy Ortega, Calamba City Mayor Ross Rizal, Department of Public Works and Highways Director Pelita V. Galvez, Toll Regulatory Board Executive Director Atty....