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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......»»

Category: newsSource:  manilanewsRelated News2 hr. 37 min. ago

Loss of Russian gas has hurt German economy - minister

The country is now in a "particularly" difficult situation, Vice-Chancellor Robert Habeck has warned The German economy has lost its competitive advantage after abandoning Russian gas supplies, Vice-Chancellor and Economy Minister Robert Habeck stated on Wednesday. The EU's top economy benefited from cheap Russ.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 2024

Losing Russian gas has hurt Germany s economy - minister

The country is now in a "particularly" difficult situation, Vice-Chancellor Robert Habeck has warned The German economy has lost its competitive advantage after abandoning Russian gas supplies, Vice-Chancellor and Economy Minister Robert Habeck stated on Wednesday. The EU's top economy benefited from cheap Russ.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 2024

IT-BPM firms deemed best places to work in Philippines

Firms engaged in information technology and business process management topped this year’s list of the best places to work in the country......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Race for global economic dominance sees striking turn of fortunes - ex-IMF official

The assumption that China will eventually overtake the US as the world's largest economy now seems less certain, Eswar Prasad has said The US has extended its lead over China in the race for the globe's largest economy, Bloomberg reported on Friday.    The American economy defied forecasts in outperfo.....»»

Category: newsSource:  philippinetimesRelated NewsJan 27th, 2024

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

DENR places 2 juvenile Brahminy Kites under rehab

DENR places 2 juvenile Brahminy Kites under rehab.....»»

Category: newsSource:  sunstarRelated NewsApr 22nd, 2024

OCVet places Olive Ridley turtle under rehab

OCVet places Olive Ridley turtle under rehab.....»»

Category: newsSource:  sunstarRelated NewsMar 28th, 2024

5 best places to run in Metro Cebu

5 best places to run in Metro Cebu.....»»

Category: newsSource:  sunstarRelated NewsMar 19th, 2024

Explore Cebu’s Places of Love

Explore Cebu’s Places of Love.....»»

Category: newsSource:  sunstarRelated NewsFeb 14th, 2024

UM soars to 19th in 2024 EduRank

THE University of Mindanao (UM) has climbed to the 19th spot in the 2024 EduRank list of the top 100 universities in the Philippines, six places higher than its previous ranking in 2023, according to EduRank, an independent metric-based website......»»

Category: newsSource:  sunstarRelated NewsMar 13th, 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

‘Media is a public good:’ Closure of CNN Philippines draws concerns from UN expert

The United Nations special rapporteur on freedom of expression and opinion said that the recent closure of CNN Philippines is a "worrying sign" for media freedom in the country......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

Philippines has potential to grow into $2 trillion economy – WEF

The Philippines can potentially expand to a $2-trillion economy over the next decade if investments in key sectors will be sustained, particularly in education and human development, according to a top official of the World Economic Forum......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Cebu Daily Newscast: CCLEX-Guadalupe ramp: P6B project set to boost Cebu’s economy

Listen to Cebu Daily Newscast to know the latest news in and outside Cebu. Here are the latest news as of Thursday, April 18. CCLEX-Guadalupe ramp: P6B project set to boost Cebu’s economy Cebuanos can anticipate a significant impact on Metro Cebu’s economy following a substantial investment increase by a unit of Metro Pacific Tollways.....»»

Category: newsSource:  inquirerRelated NewsApr 18th, 2024

Chinese economy to moderate in 2024: ADB

Manila [Philippines], April 12 (ANI): The Chinese economy is forecast to grow 4.8 per cent in 2024, amid a recovery of household consumption, ongoing property market adjustment, and weak external demand, according to the latest report published by the Asian Development Bank (ADB). The growth in the Asian economy is projected to moderate from a 5.2 per cent expansion last year. An uncertain external macroeconomic environme.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

Open ocean salmon farm a win for the economy

The final approval of New Zealand King Salmon's Blue Endeavour open ocean aquaculture project is a significant step for New Zealand's aquaculture, and a win for the economy, Oceans and Fisheries Minister Shane Jones says. "Blue Endeavour will be the first open ocean aquaculture salmon farm in New Zealand. It's going to provide more jobs for the Marlborough region and benefit our economy b.....»»

Category: sportsSource:  abscbnRelated NewsMar 1st, 2024

British Council celebrates 10 years of sharing LGBTQIA+ stories 

CEBU CITY, Philippines – The British Council kicks off the first in-person screening of the Five Films For Freedom programme to live audiences in Cebu on Wednesday, March 13, in partnership with BFI Flare: London LGBTQIA+ Film Festival The Five Films For Freedom, launched by the British Council and the British Film Institute in 2014,.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024

UN rapporteur to gov t: Repeal Anti-Terror Law, Cybercrime Prevention Act

Khan called these “laws of concern” that threaten the freedom of expression in the Philippines despite the Constitution’s guarantee of the right to freedom of expression......»»

Category: newsSource:  philstarRelated NewsFeb 3rd, 2024

Ranking surge boosts Malixi s Augusta debut

Rianne Malixi’s much-anticipated debut in the Augusta National Women’s Amateur unfolding Wednesday, April 3, in Augusta, Georgia has received a significant boost, propelling her to a career-high No. 26 in the latest World Amateur Golf Ranking......»»

Category: sportsSource:  philstarRelated NewsApr 2nd, 2024