Day: March 4, 2025

Manila: Both local shares and the peso closed Tuesday’s trading stronger. The Philippine Stock Exchange index (PSEi) ended the day with a gain of 0.45 percent, reaching 6,064.11, while All Shares increased by 0.24 percent to 3,628.96 points. According to Philippines News Agency, the local bourse continued its upward trend as investors engaged in bargain-hunting ahead of the consumer price index release. Luis Limlingan, head of sales at Regina Capital Development Corp., noted that the market’s gains were led by Mining and Oil, which saw an increase of 3.27 percent to 8,129.20 points. Financials also experienced an improvement, rising by

Bacolod City: The city government is preparing to hand over more housing units under the Pambansang Pabahay Para Sa Pilipino (4PH) Program by the end of March, following the initial turnover of keys to 46 buyer-beneficiaries in January. According to Philippines News Agency, Mayor Alfredo Abelardo Benitez announced that Bacolod City aims for a monthly turnover of units at the Asenso Yuhum Residences in Barangay Vista Alegre. However, the exact number of units to be delivered next was not specified. Benitez highlighted the city’s pioneering role in implementing the 4PH program and emphasized the need to accelerate the production and

Dumaguete: Thousands of teachers in Negros Oriental have commenced training on the use of automated counting machines (ACM) as a prerequisite for certification by the Department of Science and Technology (DOST) for their roles in the upcoming elections. The training is being conducted over two days in designated locations, including Dumaguete, Mabinay, and Guihulngan City. According to Philippines News Agency, the provincial election supervisor of the Commission on Elections (Comelec) in Negros Oriental, Lawyer Eddie Aba, emphasized the importance of the training, stating it aims to ensure that teachers are proficient in operating the ACMs to mitigate any potential issues

Manila: The Philippine Health Insurance Corporation (PhilHealth) on Tuesday reminded Filipinos experiencing ‘invisible’ pains to avail of the outpatient benefits package for mental health. The package covers conditions such as depression, psychosis, epilepsy, child and adolescent mental and behavioral disorders, dementia, and self-harm or suicide risks, among others. According to Philippines News Agency, PhilHealth Circular 2023-0018 states that members and dependents aged 10 and above can access services like initial assessments, follow-up consultations, diagnostic tests, and psychosocial support. PhilHealth acting President and chief executive officer Edwin Mercado said the benefit package is aligned with the priorities set by President Ferdinand

Manila: President Ferdinand R. Marcos Jr. has approved PHP700 million in funding for the construction of child development centers (CDCs) in 4th and 5th class municipalities. ‘Gawin na natin ito (Let’s do it). I am thinking the daycare centers can also be CDCs. Ganoon na rin ‘yun eh (They are also the same). You have the same kind of training for the people. The kids are there,’ Marcos stated during a sectoral meeting in Malaca±ang with the Second Congressional Commission on Education (EDCOM 2) and other involved agencies. According to Philippines News Agency, EDCOM 2, a national commission responsible for