Eligible workers of government will be given a one-time service recognition incentive (SRI) of not more than P10,000, Malacañang announced on Monday afternoon, Dec. 27. (Mari Gimenez/ Unsplash) The release of the cash incentive was authorized by President Duterte via administrative order (AO)...
President Duterte warned typhoon "Odette" victims that their incoming financial aid shouldn't be used on the two things that he loathes--liquor and gambling. President Rodrigo Duterte addresses locals in Puerto Princesa, Palawan on Dec. 23, 2021. (Screenshot from Facebook live) Speaking to typhoon...
The province of Cebu under Gov. Gwendolyn Garcia topped the list of provinces in the country with the highest net assets reaching P208.27 billion while Bulacan headed by Gov. Daniel Fernando registered the highest revenue in 2020 at P5.81 billion. Gov. Gwendolyn Garcia Cebu In terms of liabilities,...
The local stock market dropped for the third day this week as the gravity of the last typhoon’s damage becomes more apparent. The PSEi lost 47.87 points or 0.67 percent to close at 7,119.19 as Holding Firms fell while the Industrial and Mining and Oil counters advanced. Volume dipped to 1.61...
Quezon City headed by Mayor Joy Belmonte topped all local government units in terms of largest total assets and revenues in the country. Quezon City Mayor Joy Belmonte The 2020 Annual Financial Report released by the Commission on ‘Audit on Wednesday, Dec. 22 showed that QC’s registered total...
The local stock market market lost more ground as investors continue to worry over the rising COVID-19 numbers overseas and the damage caused by Typhoon Odette. The main index dropped 70.55 points or 0.98 percent to close at 7,167.06 as Banks led the retreat across the board. Volume remained thin...
The local stock market dropped as investors worry again about the spread of the Omicron variant locally and overseas while assessing the damage wrought by Typhoon Odette. The main index lost 60.05 points or 0.82 percent to close at 7,237.61 as the Mining and Oil counter led the retreat although the...
Investors will be watching out for signs if Santa Claus will be visiting the local stock market in the last two weeks of trading when the index often rallies before 2021 ends due to positioning for the new year. “Recovery was a major plot-point for equities in 2021, and is likely to spill over to...
The local stock market was mixed but managed to close higher on late buying of blue chips. The main index rose 64.4 points or 0.89 percent to close at 7,297.66 with the advance led by the Holding Firms counter while the Industrial and Mining and Oil sectors retreated. PSE_NEW Volume was high at...
The Philippine Stock Exchange index bounced back after the previous day’s panic selling as investors gain confidence from stronger US markets. The main index jumped 100.68 points or 1.41 percent to close at 7,233.26 as the Services sector led the rally across the board. Gainers beat losers 109 to...
The local stock market fell after the health department reported the country’s first two cases of the Omicron variant. The PSEi lost 109.41 points or 1.51 percent to close at 7,132.58 as the Property sector led the retreat across the board. 53334 Volume jumped to 1.33 billion shares worth P11.35...
“If you’re not staying on top of your money, you’re putting your financial well-being at risk .” – Suze Orman The current pandemic has brought so many life-altering changes very quickly. Despite the major changes in the last two pandemic years, some things remain the same. We can expect...
