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Day: July 10, 2024

Shares down, peso closes higher

MANILA: The local stock barometer closed weaker on Wednesday, while the peso appreciated. The Philippine Stock Exchange index (PSEi) shed 67.31 points to close at 6,489.35, while the broader All Shares also declined by 28.20 points. “Philippine shares took a breather, slipping below the 6,500 level following Wall Street’s mixed results, with the Nasdaq Composite and S and P 500 reaching new records,” Regina Capital Development Corp. head of sales Luis Limlingan said. Limlingan said the S and P 500 edged up 0.07 percent, and the Nasdaq added 0.14 percent, while the Dow dipped 0.13 percent. “Last night, Federal Reserve

VP Sara: 3-week nat’l learning camp to help over 2M learners

MANILA: Vice President and outgoing Education Secretary Sara Duterte on Wednesday said the three-week National Learning Camp (NLC) would help 2,183,327 learners in Grades 1 to 3 and Grades 7 to 10, particularly in their performance in Reading, English, Mathematics, and Science. ‘I am optimistic that this program will continue to yield positive outcomes, improving the foundational literacy, numeracy, and 21st-century skills crucial to our learners’ future success,’ she said in a speech during the NLC’s Appreciation program in San Fernando, Cebu. Duterte said the camp is part of the Department of Education (DepEd)’s strategy to address the ‘learning crisis’

Sarines, Chan triumph in Junior PH Golf Tour Riviera

MANILA: Vito Sarines and Aerin Chan ruled their respective divisions in the ICTSI Junior Philippine Golf Tour Luzon Series 4 at the Riviera Golf and Country – Club’s Couples Course in Silang, Cavite on Wednesday. Sarines carded a 74 for a 144 total to beat Jacob Casuga by 15 strokes in the boys’ 10-12 category. Casuga tallied 159 after a 79, while Nathaniel Yeung registered a 91 to finish with 178 for third place. ‘I will compete in the rest of the Luzon series and aim for another victory,’ said Sarines, who topped the Splendido Taal and Pinewoods legs and

DILG seeks amendments to ‘already defective’ Local Gov’t Code

MANILA: The Department of the Interior and Local Government (DILG) is pushing for amendments to the “already defective” Republic Act (RA) 7160 or the Local Government Code of 1991. This is to address problems and challenges encountered by local government units (LGUs) in the implementation of projects and delivery of services, Interior Secretary Benjamin Abalos Jr. said in a pre-SONA (State of the Nation Address) special over state-run People’s Television Network. “Ang lahat ng barangay road, dapat ang gumastos barangay, ‘yun ang nasa Local Government Code. Ang lahat ng eskwelahan ay pananagutan ng mga lungsod at munisipyo, sila ang magpapagawa.

CamSur doctor gives new lease on life to kids with heart defects

LEGAZPI CITY: When Desiree Valencia was two years old, her mother, Celerina, noticed that something was not quite right. Unlike kids her age, Desiree seemed to tire more easily. She was also prone to frequent respiratory infections. After a series of tests and doctor consultations, Celerina was told what every mother dreads to hear: Desiree has a hole in the heart, a congenital heart problem known as a ventricular septal defect (VSD). As the hole occurs in the wall that separates the heart’s two lower chambers, the best option is to perform surgery. “For three years, we went back and