Surigao del Norte 2nd district Rep. Robert Ace Barbers (Ellson Quismorio/ MANILABULLETIN) Surigao del Norte 2nd district Rep. Robert Ace Barbers has shot down the prospect of the Philippines purchasing armaments from China. Barbers had this to say...
The Philippine Stock Exchange, Inc. (PSE) is set to reshape the country's capital markets with its acquisition of a controlling stake in the Philippine Dealing System Holdings Corporation (PDS). In a statement on Thursday, Dec. 26, the PSE announced that it had signed agreements to acquire a 61.92...
The Philippine Stock Exchange Index (PSEi) managed to eke out a gain despite some index heavyweights weakening and offsetting the broader market's gains. The main index added 4.11 points, or 0.06 percent, to close at 6,539.02, with the Property sector leading the advance while the Conglomerates and...
Surigao del Norte 2nd district Rep. Robert Ace Barbers (Ellson Quismorio/ MANILA BULLETIN) Surigao del Norte 2nd district Rep. Robert Ace Barbers blasted China for going back to its meddling ways, particularly with the Philippines' plan...
The Sy family’s SM Group is optimistic about the country’s economic growth prospects in 2025, despite challenges such as peso volatility and high inflation. In a statement, SM Investments Corporation (SMIC) President and Chief Executive Officer Frederic C. DyBuncio, said the group plans...
More than three decades after the country embarked on a devolution agenda, a new Philippine Institute for Development Studies (PIDS) study raised critical issues in local government spending, particularly in light of the 2019 Mandanas ruling. According to PIDS, the Madanas ruling, which...
The local construction industry grew in October, driven by a surge in residential construction and investments in non-residential projects, while average construction costs decreased. The Philippine Statistics Authority (PSA) reported that the construction sector continued its upward trajectory in...
FOR THURSDAY ISSUE The Philippines' banana exports to South Korea will enjoy zero tariffs over the next five years, following the bilateral free trade agreement (FTA) taking effect in January next year. Department of Trade and Industry (DTI) Secretary Maria Cristina A. Roque said at a press...
Department of Education (DepEd) Secretary Sonny Angara called on education stakeholders to collaborate in advancing transformative reforms aimed at empowering Filipino learners. (DepEd / MB VIsual Content Group) In a statement issued on Tuesday, Dec. 24, DepEd said Angara made the call during DepEd...
Bicol Saro Partylist Representative Brian Raymund Yamsuan is now pushing for a measure that seeks to grant cash incentives of up to P1 million to film makers, literary writers and other performers in the creative sector who will win major awards in international competitions. In filing House...
Defense Secretary Gilberto Teodoro defended on Tuesday, Dec. 24, the decision of the Philippine government to acquire mid-range missile assets as part of the territorial defense plan for the country. In a statement, Teodoro also emphasized that any deployment of U.S. mid-range missile assets...
Santa Claus finally paid the local stock market a visit, sparking off some recovery on the last trading day before Christmas. The main index surged by 128.53 points or 2.01 percent to close at 6,534.91 with the Industrial sector leading the rally across the board. Volume was thin at 713 million...
