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==Featured News of The Philippines== | ==Featured News of The Philippines== | ||
Updated: December | Updated: December 15, 2022 | ||
''' | '''Pag-IBIG launches mobile app to mark 42nd anniversary'''.<br> | ||
MANILA – President Ferdinand R. Marcos Jr. | MANILA – The Pag-IBIG Fund launched on Thursday its mobile app to bring its services closer to its members during the celebration of its 42nd anniversary. In his recorded message, President Ferdinand R. Marcos Jr. acknowledged the importance of the home development mutual fund which gives millions of Filipinos hope to realize their dreams to have their own home. “Through the years, the Pag-IBIG Fund has stayed true to the goal to realize the dreams of millions of Filipinos by providing secure savings programs and dependable and affordable housing loans,” Marcos said. | ||
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''' | '''PH stocks slip, peso almost flat on Fed, BSP’s rate hikes'''<br> | ||
MANILA – | MANILA – Following the 50 basis points hike in the Federal Reserve’s key rates on Thursday (Manila time), the local main equities index slipped on Thursday but the peso kept its footing. | ||
The Philippine Stock Exchange index (PSEi) shed 0.73 percent, or 48.27 points, to 6,566.80 points. All Shares trailed with a decline of 0.54 percent, or 18.68 points, to 3,430.89 points. All the sectoral indices also ended the day in the negative territory, led by Services after it fell by 1.39 percent. It was followed by Property, 1.24 percent; Financials, 0.98 percent; Mining and Oil, 0.68 percent; Industrial, 0.41 percent; and Holding Firms, 0.02 percent. | |||
Source: "[https://www.pna.gov.ph/ PNA.GOV.PH]" | Source: "[https://www.pna.gov.ph/ PNA.GOV.PH]" |