Extreme weather, economic downturn top risks for Philippines – WEF
Extreme weather events, an economic downturn and shortage in energy supply are the top risks seen in the Philippines for the next two years, according to the World Economic Forum......»»
German manufacturing hits four-month low - S& P Global
Factory activity has dropped further than expected by economists, signaling a sharp downturn in the economy, data shows German manufacturing activity dropped well below expectations in February, indicating an accelerated rate of economic downturn, the latest data compiled by S&P Global has revealed. .....»»
Google’s new AI forecasts extreme weather events
Google has announced the development of artificial intelligence technology specifically dedicated to weather forecasting and the anticipation of extreme weather events. Faster and more cost-effective than current solutions, it could be able to alert people to the risk of incoming storms, floods or heatwaves. Since last year, some of the biggest names in tech have.....»»
Western Australia in ‘extreme’ heatwave, raising bush fire risk
SYDNEY — Parts of Western Australia were gripped by an “extreme” heatwave on Saturday, raising the risk of bushfires in the vast state, the nation’s weather forecaster said. The Bureau of Meteorology had an “extreme heat-wave warning” in place on Saturday for the remote Pilbara and Gascoyne areas of Australia’s largest state, warning temperatures there.....»»
Moody’s: Philippines highly exposed to food security risks
Food security risks will likely remain elevated in Asia-Pacific even if prices of food ease this year, with the Philippines among the most exposed to shocks and risks in the region, Moody’s Investors Service said......»»
Natural farming ‘solution’ to woes of farmers hit hard by extreme weather
Natural farming ‘solution’ to woes of farmers hit hard by extreme weather.....»»
Natural farming ‘solution’ to woes of farmers hit hard by extreme weather
Natural farming ‘solution’ to woes of farmers hit hard by extreme weather.....»»
Hot weather to prevail nationwide on Saturday — Pagasa
MANILA, Philippines — Hot weather and high humidity are expected nationwide on Saturday, according to the state weather bureau. However, isolated rain showers and thunderstorms could still occur in the afternoon and evening, according to Ana Clauren-Jorda, weather specialist of the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa). “We will continue to experience hot.....»»
Metro Cebu will have generally fair weather until weekend — Pagasa Mactan
CEBU CITY, Philippines — Metro Cebu will experience “generally fair weather” until Monday, March 4, according to a weather specialist in Mactan. Jhomer Eclarino, weather specialist of the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) in Mactan, confirmed this to CDN Digital on Thursday, February 29. Eclarino said that the temperature will range from.....»»
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......»»
Xinhua world economic news summary at 0830 GMT, Jan. 18
DAVOS, Switzerland -- Although the global economy is facing sluggish growth and numerous challenges, business leaders attending the 54th annual meeting of the World Economic Forum (WEF) remain confident over the prospects of the Chinese economy. Over recent years, China has been an important engine for the global economy. China's gross domestic product (GDP) posted a growth of 5.2 percent year-on-year in 2023, h.....»»
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......»»
Speaker pitches Philippines as ideal investment destination at WEF
With its “unique demographic advantage and ongoing reforms to open up the economy,” the Philippines is now an “ideal destination” for foreign investments, Speaker Martin Romualdez told leaders and representatives of the Association of Southeast Asian Nations gathered for the World Economic Forum annual meeting in Switzerland......»»
PSSO warns anew vs building structures atop dikes, coastal road
The Davao City Public Safety and Security Office's (PSSO) Coastal Road and Davao River Monitoring Team has issued a renewed warning to Dabawenyos against constructing buildings on top of dikes and along the coastal road. This caution follows the dismantling of 334 illegal structures from October 2020 to the third week of January 2023. PSSO Head Angel Sumagaysay emphasized that these structures, including house extensions, kitchen extensions, cages, and sala extensions, are typically found atop or attached to dikes and gabions near the Davao River. Recent operations in the Talomo District involved the removal of a hut at Purok 8 Iñigo, Matina Pangi, and a reconstructed fisherman's kiosk at the Punta Dumalag section of the Coastal Area. Sumagaysay highlighted that the PSSO collaborates with barangays to identify and address illegal structures, and owners are given the choice to self-demolish or have the PSSO carry out the demolition. Sumagaysay stressed that illegal structures on dikes and gabions pose risks to the structure's integrity, potentially leading to increased flooding and related issues. He urged residents living near the river to refrain from constructing any form of extension or additional structure on the dikes, emphasizing the need to preserve their stability to prevent flooding and overflow. The PSSO does not have a specific target number of structures to dismantle, but rather identifies them during monitoring and inspection, working in coordination with barangays and purok leaders. Sumagaysay hopes that the public comprehends the purpose behind these dismantling efforts, emphasizing the importance of safeguarding the dikes to mitigate flooding risks......»»
Nobody benefits from a China downturn
For decades after the end of the Mao Zedong regime, China embarked on an economic revolution led by Deng Xiaoping. In the 1990s and the early part of the 21st century, China’s comparatively technocratic leadership promoted private enterprise......»»
Cebu weather: Generally fair in next five days says Pagasa
CEBU CITY, Philippines – Cebu weather will be generally fair with sunny skies for the next five days, Pagasa-Mactan said on its latest updates. Engineer Al Quiblat, chief of the Philippine Atmospheric, Geophysical and Astronomical Services Administration Mactan (Pagasa-Mactan), said that Cebu will have generally fair weather with sunny skies occasionally turning partly cloudy or.....»»
Pagasa: Mostly cloudy to cloudy skies in Metro Cebu until Feb. 1
CEBU CITY, Philippines — The northeast monsoon, locally known as Amihan, continues to affect the country, according to the state weather bureau stationed in Mactan. Based on Pagasa-Mactan’s weather specialist on Sunday, Jan. 28, Metro Cebu will experience mostly cloudy to cloudy weather conditions in the next five days or until Thursday, Feb. 1. “Ang.....»»
Fair weather in Metro Cebu; El Niño to persist until May — Pagasa
CEBU CITY, Philippines — Cebuanos will continue to experience the blazing summer heat this week. According to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) station in Mactan, Metro Cebu will have a generally fair weather in the next five days. “Padayon ta’ng makasinati og init ug igang nga panahon or generally fair weather.....»»
Cebu weather: Fair and pleasant in the coming days says Pagasa
CEBU CITY, Philippines – Cebu weather will be fair and pleasant over the next five days, the state weather bureau said on Saturday, April 13. The Pagasa Visayas Regional Services Division has forecasted that the Visayas, including the whole of Cebu, will experience cloudy to partly cloudy skies with a chance of isolated rain showers.....»»
ICTSI remains on expansion mode even as risks abound
Ports tycoon Enrique Razon Jr. is keeping an eye out for expansion opportunities in four regions as the billionaire indicated he has no plans of standing idle even in the face of emerging risks......»»
Putin: Sending Western troops to Ukraine risks global nuclear war
Putin: Sending Western troops to Ukraine risks global nuclear war.....»»