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Diving tourism contributes 1.3 bln USD to Philippine economy in 2023
MANILA, Feb. 23 (Xinhua) -- Diving tourism contributed more than 73 billion pesos (1.3 billion U.S. dollars) to the Philippine economy in 2023, nearly twice the revenue the industry earned in 2022, the country's Department of Tourism said Friday. Diving tourism raked 37 billion pesos (661 million dollars) in revenue in 2022, Tourism Secretary Christina Garcia Frasco said at the Philippine International Dive Expo.....»»
Losses to Philippine agriculture due to El Nino reach 31 mln USD
MANILA, March 20 (Xinhua) -- The El Nino dry spell and ensuring drought have caused over 1.75 billion pesos (roughly 31 million U.S. dollars) in damage to Philippine agriculture, a senior government official said Wednesday. This year's losses due to El Nino are still low compared to 2009 when the damage to agriculture reached 17 billion pesos (302 million dollars), Presidential Communications Office Assistant Se.....»»
Jose Javier Reyes named new FDCP chairman
Veteran director Jose Javier Reyes was designated as the new chairman of Film Development Council of the Philippines (FDCP), replacing Tirso Cruz III......»»
Jose Javier Reyes named new FDCP chairman
Veteran director Jose Javier Reyes was designated as the new chairman of Film Development Council of the Philippines (FDCP), replacing Tirso Cruz III......»»
Xinhua world economic news summary at 0900 GMT, April 1
MANILA -- The Philippine government's budget deficit increased to 164.7 billion pesos (2.93 billion U.S. dollars) in February, the country's Bureau of the Treasury said Monday. "The wider budget gap stemmed from the 22.14 percent year-over-year increase in expenditures, matched with moderate revenue growth of 5.73 percent," the bureau said. With the February turnout, the bureau said the year-to-date fiscal balan.....»»
Rama refuses to comment on potential 2025 mayoral foes
CEBU CITY, Philippines – Cebu City Mayor Michael Rama said he has no plans to comment on personalities expressing interest in running for mayor in the 2025 midterm elections. “I do not want to comment. I rather wait for the filing of the certificate of candidacy,” Rama told CDN Digital on Saturday, February 10. In.....»»
Digital economy contributes 8.4 pct to Philippine economy in 2023
MANILA, April 25 (Xinhua) -- The digital economy amounted to 2.05 trillion pesos (35.396 billion U.S. dollars) in 2023, contributing 8.4 percent to the country's gross domestic product (GDP), the Philippine Statistics Authority (PSA) said Thursday. "This resulted in a 7.7 percent growth from the 1.90 trillion pesos (32.8 billion dollars) gross value added of the digital economy in 2022," the agency said......»»
Man-made disasters cost Philippines 164.87 mln USD in 2023
MANILA, March 26 (Xinhua) -- Man-made disasters caused the total damage in the Philippines worth 9.29 billion pesos (164.87 million U.S. dollars) in 2023, the Philippine Statistics Authority (PSA) said Tuesday. The agency said that out of the total annual damage, 4.93 billion pesos (87.5 million dollars), or 53.1 percent, was due to the oil spill. "The reported oil spill in various regions resulted in dam.....»»
Tom Holland s Romeo and Juliet heading to Broadway after West End run — report
Tickets for Jamie Lloyd's reimagining of "Romeo and Juliet" starring Tom Holland in his West End return sold out in under two hours, leading to brewing rumors of a Broadway run down the line......»»
Tom Holland s Romeo and Juliet heading to Broadway after West End run — report
Tickets for Jamie Lloyd's reimagining of "Romeo and Juliet" starring Tom Holland in his West End return sold out in under two hours, leading to brewing rumors of a Broadway run down the line......»»
FOCAP presents Romeo Gacad Lecture Series on Visual Journalism
The Foreign Correspondents Association of the Philippines will hold the inaugural Romeo Gacad Lecture Series on Visual Journalism, on Thursday......»»
Tom Holland to star in West End s Romeo and Juliet
Spider-Man actor Tom Holland will make his theater comeback after being cast in the West End revival of "Romeo and Juliet.".....»»
Megaworld Hits Record Financial Performance in 2023, Income up 26% to P19.4 Billion
Megaworld Corporation, the country’s premier township developer, achieved a landmark milestone in its financial performance for the year 2023 as its full-year net income surged by 26% to P19.4 billion. Its consolidated revenues, on the other hand, rose by 17% to P69.7 billion. Net income attributable to the parent company’s shareholders also jumped by 29% […].....»»
US budget deficit tops half a trillion
Outlays accelerated while receipts fell in the first quarter of the new fiscal year, Treasury data shows The US federal budget deficit reached half a trillion dollars in the first three months of the new fiscal year as spending picked up while receipts shrank, the US Treasury revealed on Thursday. In December a.....»»
Approved foreign investments into Philippines up 127.2 pct in Q4 of 2023
MANILA, Feb. 15 (Xinhua) -- The approved foreign investments into the Philippines in the fourth quarter of 2023 reached 394.45 billion pesos (roughly 7 billion U.S. dollars), marking a year-on-year increase of 127.2 percent, the Philippine Statistics Authority (PSA) said on Thursday. Of the total, the statistics agency said the Netherlands posted the highest investment commitment, amounting to 345.76 billion pes.....»»
Approved foreign investments into Philippines up 127.2 pct in Q4 of 2023
MANILA, Feb. 15 (Xinhua) -- The approved foreign investments into the Philippines in the fourth quarter of 2023 reached 394.45 billion pesos (roughly 7 billion U.S. dollars), marking a year-on-year increase of 127.2 percent, the Philippine Statistics Authority (PSA) said on Thursday. Of the total, the statistics agency said the Netherlands posted the highest investment commitment, amounting to 345.76 billion pes.....»»
SC asks Senate to comment on Quiboloy petition
The Supreme Court has asked the Senate to file their comment on the petition filed by the camp of doomsday preacher Apollo Quiboloy assailing the legality of the chamber's warrant of arrest against him......»»
Jake Ejercito reacts to netizen s comment on his alleged silence during Andi Eigenmann-Albie Casiño issue
Jake Ejercito responded to an online user's comment about him being mum at the height of the issue between his ex-girlfriend Andi Eigenmann and actor Albie Casiño. .....»»
7/11 no comment on UST photo fiasco
“We have no comment on this matter. We remain focused on providing convenience to our customers,” Philippine Seven Corporation, the firm which runs the convenience store 7/11 said......»»
Rama shrugs off Daluz’s comment, says sorry he’s still mayor
Rama shrugs off Daluz’s comment, says sorry he’s still mayor.....»»