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Xinhua world news summary at 1530 GMT, March 8
BEIRUT -- Three Hezbollah fighters were killed and three civilians were injured on Friday in Israeli airstrikes targeting towns and villages in southern Lebanon, Lebanese military sources told Xinhua. The sources, who spoke anonymously, said that one of the Israeli raids targeted a house in the village of Blida, killing three Hezbollah members, while another raid targeted the town of Baraachit, wounding three ci.....»»
Xinhua Asia-Pacific news summary at 1600 GMT, March 11
SEOUL -- South Korea's export fell in double digits in the first 10 days of March due to fewer business days, customs office data showed Monday. Export came to 13.54 billion U.S. dollars in the 10 days, down 13.4 percent compared to the same period of last year, according to Korea Customs Service. (South Korea-Exports) - - - - VIENTIANE -- Participants in the 30th ASEAN Economic Ministers' Retreat.....»»
Game developers generate $2.4 million in export sales
Game developers generated $2.42 million in export sales from the country’s first Game Development Summit organized by the Department of Trade and Industry......»»
Fuel prices rise by 50¢ per liter amid Russia export ban
MANILA, Philippines —Fuel pump prices will increase by P0.50 per liter starting Tuesday, March 5, due to Russia’s six-month export ban. However, diesel prices will decrease by P0.40 per liter and kerosene by P0.35 per liter, as reported by local oil firms. Shell and Seaoil will implement the price adjustments by 6 a.m. while CleanFuel.....»»
S& P: Philippines may miss growth goal this year
S&P Global Ratings sees the Philippines again missing its growth targets this year as it kept its gross domestic product growth forecast at 5.9 percent. While the projection is better compared to other economies in the region, it is again below the government’s 6.5 to 7.5 percent growth target......»»
CitySavings Named One of the 2024 Philippines’ Growth Champions
City Savings Bank (CitySavings) continues to cement its position to become the leading mass market bank in the country with its inclusion as one of the 2024 Philippines’ Growth Champions. The Philippine Daily Inquirer released the report with international market research firm Statista. This year’s Philippines’ Growth Champions are companies with remarkable growth and resilience […].....»»
NEDA Optimistic on Economic Growth in the PH for 2024
National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan expressed optimism about the country’s economic growth for 2024. According to Balicasan, major development organizations like the IMF, ADB, and the World Bank expect the country to have an economic growth rate of at least 6%. The IMF projects a growth rate of 6.2%, the ADB […].....»»
ADB cuts Philippines growth outlook to 6% in 2024
The Asian Development Bank has trimmed its growth forecast for the Philippines for this year, citing risks posed by extreme weather events that can drive up inflation and the slower growth in advanced economies......»»
Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024
MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»
Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024
MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»
Double-digit growth in bank lending seen this year
The Philippine banking sector is expected to book double-digit growth in loan disbursements this year on the back of robust economic growth, according to BMI Country Risk & Industry Research......»»
Samar I continues road construction to augment road network
The project has a contract amount of P48.51 million and is targeted to be completed in 2031......»»
Roque: Xi, Duterte agreed to keep West Philippines Sea status quo
The Philippines under former president Rodrigo Duterte had a “gentleman’s agreement” with China to keep the status quo in the West Philippine Sea, a former Cabinet official said yesterday, as fresh tensions surround the WPS due to recent incursions by Beijing that targeted a Filipino resupply mission and a research team......»»
87 tons of trash collected in city-wide cleanup
CEBU CITY, Philippines — Around 87 tons of trash were collected during the 15th city-wide cleanup on Saturday, March 16, John Paul Gelasque of the Cebu City’s Department of Public Services (DPS) said. The cleanup, which began at 6 a.m. on Sunday, targeted eight rivers across the city. These included Lahug River (29.5 tons), Guadalupe.....»»
Sara Duterte: Quiboloy being unfairly targeted
Vice President Sara Duterte has publicly come to the defense of her father’s spiritual adviser Apollo Quiboloy, downplaying the sexual abuse and trafficking charges against him by describing the congressional probes into his actions as a form of “unfair” and “violent” targeting by accusers......»»
Sara Duterte decries organized demolition job against her
Vice President Sara Duterte believes she has been targeted by an “organized demolition job” based on the escalation of personal attacks against her online as well as the public’s reaction to her push for confidential funds last year......»»
GPS 2024: Investing in reliable public transport
Transport Minister Simeon Brown has confirmed targeted investment of more than $2 billion over the next three years for public transport projects and services, as part of the draft Government Policy Statement (GPS) on Land Transport. "Delivering reliable, effective, and efficient public transport is a priority for the Coalition Government. The draft GPS commits up to $2.3 billion for.....»»
New UNODC research on child recruitment and exploitation by terrorist groups shows need for a united front on child protection
Children around the world are victims of a serious form of violence: recruitment and exploitation by terrorist groups. Recognizing the gravity of this situation and the scarcity of related data and evidence, the UN Office on Drugs and Crime (UNODC), together with national research partners and the support of the European Union, launched a new study Targeted by Terror.....»»
Houthi Rebels Target Carrier Ship Bound for Iran: The Daily Guardia
Title: Houthi Rebels Fire Missiles at Ship Bound for Iran Amidst Rising Tensions In a fresh display of aggression, Yemen’s Houthi rebels targeted a ship.....»»
EU drafts guidelines as it urges Big Tech to protect democratic elections
'We know the electoral period in the EU is going to be targeted by hybrid attacks and foreign interference of all kinds,' EU Commissioner Thierry Breton says.....»»