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PH Remains One of the Fastest Growing Economies in East Asia and Pacific, World Bank Says

The World Bank retains its positive outlook on the Philippine economy despite foreseen challenges. According to their April 2024 East Asia and Pacific Economic Update, the World Bank projects a 5.8 percent economic growth for the Philippines this year — the East Asia and Pacific region’s second fastest-growing economy. Moreover, the said update also adjusted […].....»»

Category: newsSource:  metrocebuRelated NewsApr 2nd, 2024

Jollibee named world’s 2nd fastest-growing restaurant brand

Asian fast-food giant Jollibee Foods Corp. is ramping up its global expansion after being hailed as the second fastest-growing restaurant brand in the world by consultancy giant Brand Finance......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

CV records ‘fastest growing economy’ among all regions in PH

CEBU CITY, Philippines — Central Visayas has bested the 17 regions in the country after being named the “fastest-growing” economy based on the 2023 data of the Philippine Statistics Authority (PSA). It also remained the fourth-largest contributor to the overall growth of the Philippine economy and the highest contributor outside Luzon, with a 6.6 percent.....»»

Category: newsSource:  inquirerRelated News16 hr. 0 min. ago

HMOs, insurers undertaking study on morbidity

A morbidity study among health maintenance organizations (HMOs) and insurance firms is underway in order to assess current market rates and capitalization requirements......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

Xinhua world news summary at 1500 GMT, Jan. 11

MANILA -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila. (Philippines-Growth-.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Xinhua world news summary at 1500 GMT, Jan. 11

MANILA -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila. (Philippines-Growth-.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

Ayala cooperative taps STAR to promote media literacy

In a bid to enhance media literacy and help expose the youth to truthful, credible news, Ayala Multi-Purpose Cooperative (Ayala Coop) and The Philippine STAR recently joined forces to implement the READISCOVER program in three pilot schools across the country......»»

Category: newsSource:  philstarRelated NewsMar 11th, 2024

Magsayo punches his way into super featherweight top 10 world rankings

CEBU CITY, Philippines — Former world champion, Mark “Magnifico” Magsayo is starting to make his presence felt in the super featherweight division after cracking into the world’s latest top 10 rankings.  Magsayo, the former World Boxing Council (WBC) world featherweight champion, is currently ranked NO. 7 in both the WBC and World Boxing Association (WBA). .....»»

Category: newsSource:  inquirerRelated NewsJan 14th, 2024

PH Economy Remains Optimistic Amid Global Slowdown

The country is one of the fastest growing economies in East Asia and the Pacific according to the World Bank, foreseeing robust growth despite global economic slowdown. In the latest World Bank Global Economic Outlook report released on Tuesday, the Philippines is expected to maintain its economic growth rate in 2024 at 5.8%, slightly higher […].....»»

Category: newsSource:  metrocebuRelated NewsJan 12th, 2024

Converge dominates Ookla’s Speedtest Awards, now reigns as Philippines fastest internet

Fiber internet provider Converge ICT Solutions has dominated the Ookla Speedtest Awards in the second half of 2023 and has been declared as the Fastest Internet Service Provider in the Philippines, toppling competition which held the title for the past five years......»»

Category: newsSource:  philstarRelated NewsFeb 5th, 2024

Davao City among richest cities outside Metro Manila

Davao City was hailed as the ninth richest city outside Metro Manila, while Davao Oriental was the fourth fastest-growing province and highly urbanized city (HUC), based on the Provincial Product Accounts (PPA) of the Philippine Statistics Authority (PSA)......»»

Category: newsSource:  sunstarRelated NewsMar 20th, 2024

Philippine economy growth may reach 6 pct to 7 pct in 2023: Marcos

MANILA, Jan. 11 (Xinhua) -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila......»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Philippine economy growth may reach 6 pct to 7 pct in 2023: Marcos

MANILA, Jan. 11 (Xinhua) -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila......»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

Japan boxer, former three-division world champion, trains in Cebu

CEBU CITY, Philippines — Former three-division world champion Kosei Tanaka returned to Cebu for some top-notch boxing training.  The 28-year-old Japanese is the former World Boxing Organization (WBO) world minimum, world flyweight, and former world light flyweight champion. He will spend three weeks in Cebu at the ZIP Sanman Boxing gym in Banawa, Barangay Guadalupe. .....»»

Category: newsSource:  inquirerRelated NewsJan 18th, 2024

Pakistan Accused of Killing Eight Women and Children in Afghanistan Air Strikes

A local company based in the region has recently been recognized as one of the fastest-growing businesses in the area. The company has shown significant.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 19th, 2024

Philippines leads Asean in vehicle output growth in 2023

The Philippines emerged as the fastest-growing country in Southeast Asia in terms of motor vehicle production in 2023 as it registered a 19.7 percent increase......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Philippines to lead ASEAN in growth this year

The Philippines is projected to be the fastest-growing economy in Southeast Asia this year, according to the Association of Southeast Asian Nations Plus 3 Macroeconomic Research Office......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Top 10 e-commerce sites in the Philippines 2019 - ASEAN UP

With a dynamic economy and a large population proficient with digital technologies, the Philippines is a fast-growing market for e-commerce in Southeast Asia. Several websites and digital applications are already fighting for market share, with global, regional and national players. The growing connectivity of the Philippines, rapidly overcoming the countrys infrastructure difficulties, enable more and Continue reading &q.....»»

Category: newsSource:  manilanewsRelated NewsMar 23rd, 2024

U.S. falls from top 20 happiest countries in 2024 World Happiness Report

The United States has dropped out of the top 20 happiest countries in the world, according to the 2024 World Happiness Report. The country now.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 20th, 2024

Palawan Recognized as One of the Top Destinations in World for 2024

Palawan has once again earned recognition as one of the Trending Destinations in the World for 2024 on Tripadvisor, the global hub for travel deals and reviews. This follows Palawan’s outstanding global achievements in 2023, being named one of the World’s Most Desirable Countries for Adventure, making it to Travel + Leisure’s top Islands, and […].....»»

Category: newsSource:  metrocebuRelated NewsJan 19th, 2024