The local stock market made a strong bounce after a bout of profit-taking as the country’s economic outlook turns rosier. The main index jumped 96.12 points or 1.31 percent to close at 7,458.74 as Banks led the recovery while Miners lagged behind. Volume rose to 1.18 billion shares worth...
The National Economic and Development Authority (NEDA) has urged the swift passage of the Konektadong Pinoy Bill to ensure improved internet access. After the sixth Legislative-Executive Development Advisory Council (LEDAC) meeting on Sept. 25, NEDA released a statement indicating that the...
The local stock market finally succumbed to profit-taking after rallying in the past week. The PSEi dropped 69.59 points or 0.94 percent to end at 7,362.62 as Banks led the retreat while Miners bucked the trend as gold prices rise. Volume remains robust at 1.07 billion shares worth P8.05 billion as...
Inflation in the Philippines is expected by the Asian Development Bank (ADB) to further ease as reduced import tariffs on staple rice and other food products spill over to domestic retail prices, boosting consumption and overall economic growth. The Manila-based ADB's Asian Development Outlook...
A Filipino seafarer taking his oath. (File photo) The Maritime Industry Authority (Marina) sought the help of lawmakers to create more legislations that would help fast-track the development of the country’s maritime industry. Luisito Delos Santos, director for Planning and Policy Service of...
The local stock market rose further but ofc the day’s high as already positive investor sentiment was boosted by gains in US bourses. The main index added 14.96 points or 0.20 percent to close at 7,432.21 as the Property sector led the advance while Conglomerates and Services lagged behind....
As genuine sustainability will eventually determine winners and losers across businesses and nations, the companies and organizations in the Philippines that have been leading the climate action via the Net Zero Carbon Alliance (NZCA) are targeting to institutionalize a science-based and credible...
The local stock market shrugged off profit-taking fears and shot up to the 7,400 level following the central bank’s announcement of a reduction in the reserve require ratio.
DAVAO CITY – National Development Co. General Manager Antonilo Mauricio has joined biowaste management company Davao Thermo Biotech Corp. (DTBC) as a member of its board of directors, the company announced. MAURICIO (Keith Bacongco) In a statement, DTBC Chief Executive Officer Olive Puentespina...
State-run Bases Conversion and Development Authority (BCDA) has partnered with the Korean government agency National Agency for Administrative City Construction (NAACC) for New Clark City’s (NCC) urban planning, smart city development, green energy, and smart administrative systems. In a...
The local stock market continues to rally and was up by more than a hundred points to breach the 7,300 level intraday as investors grow more upbeat amid monetary policy changes that will release more money into the system. The main index rose by 50.16 points or 0.70 percent to close at 7,252.32 as...
State-run Bases Conversion and Development Authority (BCDA) has partnered with Danfoss Philippines Inc., a Danish global engineering company, to formulate a framework for decarbonizing New Clark City through green and sustainable developments. In a statement, the BCDA said the partnership would...
