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NDC eyes investing P31-B in 18 projects

MANILA: The National Development Company (NDC), the investment arm of the Department of Trade and Industry (DTI), is evaluating 18 projects to invest into.

NDC General Manager Anton Mauricio said Thursday that the state-owned enterprise is eyeing to …

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DOE braces for El Niño’s impact on power

MANILA: Department of Energy (DOE) Secretary Raphael Lotilla said Thursday there is an adequate power supply next year despite the weather bureau forecast that El Niño will likely extend up to second quarter of 2024.

In a press briefing in

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PSEi, peso close strong on dovish Fed outlook

MANILA: The local index and the Philippine peso finished the day strong on Thursday following the dovish outlook of the United States’ central bank.

‘This Thursday, the local market rose by 154.74 points (2.47 percent) to 6,410.48 as investors cheere…

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