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Relasyon nina Cristine at Marco nagsimula sa pagwo-workout: Na-develop!
PINAG-ISIPANG mabuti ng aktres at celebrity mom na si Cristine Reyes bago sagutin at makipagrelasyon kay Marco Gumabao. Naging isa sa mga consideration ng award-wining actress ang limang taong agwat ng edad nila ng binata – 35 na siya ngayon habang turning 30 na this year si Marco. Halos isang taon na ngayon ang nakararaan.....»»
Inflation, slowdown burden global outlook
The capital markets remained volatile in August as investors weighed the risks of rising inflation and slower economic growth against the prospect of further monetary tightening by the US Federal Reserve, First Metro Investment Corp., and the University of Asia and Pacific Capital Markets Research said on Wednesday. In FMIC and UA&P’s August 2023 issue of The Market Call, economists said that the Philippine economy grew by 4.3 percent year-on-year in the second quarter of 2023, slower than the 5.7 percent growth in the first quarter. “Despite the slowdown in GDP expansion to 4.3 percent year-on-year in (the second quarter), other key economic data do not preclude a full-year growth of 6 to 7 percent,” economists said. Momentum seen to be sustained They also mentioned that sustained job growth, especially in the sectors of manufacturing, construction (for the industry), accommodation and food services, and other parts of the service sector, and a slight uptick in exports, with an added boost from the peso depreciation in August, “provide some glow” for the economy. The economists also noted that other key economic data remained positive, with inflation easing to 4.7 percent in June, a 15-month low. “Apart from inflation slowing to 4.7 percent, a 15-month low, (the National Government) will likely ramp up spending in (the second half of 2023), especially in infrastructures, which will also benefit from ongoing major PPP projects (classified as private construction),” they said. With local inflation easing to 4.7 percent in June, FMIC and UA&P said the investors flocked the short-dated bonds in both auctions and the secondary market in July, pushing down yields in the front end of the curve. The economists said the domestic yields continue their ascent as US 10-year Treasuries climb further in August as the Fed hinted more rate hikes to come. “In our view, the Fed will likely pause in its September meeting as they will have to wait for more data that show clearer signs that inflation will fall within target,” economists said. The post Inflation, slowdown burden global outlook appeared first on Daily Tribune......»»
Phl markets volatile due to rising inflation, other factors
The Philippine capital markets continued to be volatile in August as investors weighed the risks of rising inflation and slower economic growth against the prospect of further monetary tightening by the U.S. Federal Reserve, First Metro Investment Corp. (FMIC), and the University of Asia and Pacific (UA&P) Capital Markets Research said on Wednesday. In FMIC and UA&P's August 2023 issue of The Market Call, economists said that the Philippine economy grew by 4.3 percent year-on-year in the second quarter of 2023, slower than the 5.7 percent growth in the first quarter. "Despite the slowdown in GDP expansion to 4.3 percent year-on-year in (the second quarter), other key economic data do not preclude a full-year growth of 6 to 7 percent," economists said. They also mentioned that sustained job growth, especially in Manufacturing, Construction (for the industry), Accommodation and Food Services, and other parts of the service sector, and a slight uptick in exports, with an added boost from the peso depreciation in August, "provide some glow" for the Philippine economy. The economists also noted that other key economic data remained positive, with inflation easing to 4.7 percent in June, a 15-month low. "Apart from inflation slowing to 4.7 percent, a 15-month low, (the National Government) will likely ramp up spending in (the second half of 2023), especially in infrastructures, which will also benefit from ongoing major PPP projects (classified as private construction)," they said. With local inflation easing to 4.7 percent in June, FMIC and UA&P said the investors flocked the short-dated bonds in both auctions and the secondary market in July, pushing down yields in the front end of the curve. The economists said the domestic yields continue their ascent as U.S. 10-year Treasuries climb further in August as the Fed hinted more rate hikes to come. "In our view, the Fed will likely pause in its September meeting as they will have to wait for more data that show clearer signs that inflation will fall within target," economists said. "Furthermore, we see that the yields of peso bonds and U.S. Treasuries will tend to decouple as local inflation falls within (the Bangko Sentral ng Pilipinas') target range of 2 percent to 4 percent by the fourth quarter," they added. Economists added that the real 10-year yields had turned positive by June and neared normal levels in July after an abnormal, prolonged 11-month run with negative readings. The post Phl markets volatile due to rising inflation, other factors appeared first on Daily Tribune......»»
Gov’t funds inflation measures with loans
Borrowings of the national government from domestic and foreign sources continued to climb as they exceeded the P1-trillion mark in the first half of the year. The loans were purportedly intended for programs to respond to the impact of high prices, mainly through subsidies to the poor. Economists expect prices of basic commodities to remain high as the holiday season approaches. Most of them agreed that the third quarter is considered a period for stockpiling inventories, while the final three months see hefty holiday spending, which both increase price pressures. Bureau of Treasury data showed that actual gross borrowing hit P1.33 trillion during the January–June period, up by 24.3 percent from P1.07 trillion a year ago. In the first half, the government borrowed three times more from domestic sources at P1.06 trillion, while gross external financing reached P366.44 billion. Domestic borrowings came from retail Treasury bonds worth P283.76 billion and fixed-rate bonds worth P686.15 billion. Foreign debts came from project loans totaling P57.76 billion, program loans of P145.06 billion, and global bonds worth an equivalent of P163.6 billion. In June alone, gross financing reached P158.95 billion, up by 14.65 percent from P138.64 billion for the same month in 2022. Gross domestic borrowings reached P143.92 billion in June 2023, a 49.22-percent increase from P96.45 billion a year ago. Broken down, domestic debts came from P125 billion in fixed-rate Treasury bonds and P18.92 billion in Treasury bills. Meanwhile, external gross borrowings declined by 54.61 percent to P22.57 billion from P49.72 billion in the previous year. This consisted of P2.66 billion in program loans and P19.9 billion in new project loans. Government borrowings are okay as long as they are used for productive purposes, according to a previous statement from the Department of Budget and Management. Budget Secretary Amenah Pangandaman earlier said the government’s debt-to-gross domestic product ratio rose at the height of the pandemic because the government had to take out additional debt to fund the health sector. “There is a deficit because you have insufficient revenues and the balance will come from borrowings. So, it’s all interconnected,” Pangandaman said in a vlog. The Development Budget Coordination Committee, or DBCC, has a target to bring down the debt-to-gross domestic product ratio to less than 60 percent by 2025. The post Gov’t funds inflation measures with loans appeared first on Daily Tribune......»»
PMFTC reports 75K shift smoking option
Over 75,000 Filipino smokers have joined the 18.5 million smokers globally in almost 70 countries who have quit cigarettes completely for heated tobacco which has been scientifically validated as a much better alternative to smoking. In June 2020, conglomerate Philip Morris Fortune Tobacco Co. or PMFTC, embarked on its bold vision to deliver the smoke-free Philippines. Just three years after it was launched, an estimated 75,000 Filipinos have quit smoking cigarettes and adopted IQOS, a device that heats without burning tobacco. PMFTC, the local affiliate of Philip Morris International Inc., launched IQOS in June 2020 in the pilot area of Metro Manila and has since expanded its presence nationwide when it embarked on its bold vision to deliver a smoke-free Philippines. Innovation improves health “We remain steadfast in our vision to deliver a smoke-free Pilipinas. We are optimistic that more adult smokers will quit cigarettes as we continue to innovate and expand our presence in the country,” Dave Gomez, PMFTC’s communication director, said. HeatControl is a patented technology used in IQOS that precisely heats, without burning, tobacco-filled sticks wrapped in a paper called HEETS to release a water-based aerosol. Unlike cigarettes, IQOS does not burn tobacco and therefore produces no smoke and no ash. In November last year, PMFTC introduced its more affordable device called BONDS by IQOS. “If only all the 16 million Filipino smokers who don’t quit would switch to heated tobacco products, imagine the significant reduction in smoking-related diseases in the country,” Gomez added. To celebrate its 3rd anniversary, PMFTC launched IQOS Together. X — a series of events exclusive only to IQOS CLUB members — the first of its kind in the Philippines. On 17 June, IQOS CLUB Members were treated to a craft-beverage journey at OTO in Poblacion, Makati. Shortly after, they experienced a special tasting menu served by the award-winning team of TOYO Eatery on 23 June. The culminating night of IQOS Together. X was celebrated at The Yuchengco Museum on 29 June where the 2021-2022 winners of the Philippine Art Awards are on exhibit. Signature offerings from The Moment Catering and festivities were the highlights of the spectacular night, attended by over 150 members. The post PMFTC reports 75K shift smoking option appeared first on Daily Tribune......»»
Treasury makes full award of P25 billion T-bonds
The government managed to borrow P25 billion as rates declined with expectations of continued inflation slowdown......»»
Government raises P19.5 billion from partial award of T-bonds
The government partially raised P19.5 billion in long-term securities, breaking more than three months of full award, as it moved to align rates with secondary markets......»»
Rates up, full award for T-bonds
The government borrowed P25 billion in long-term securities even after investors asked for rates slightly above secondary markets......»»
Rates up, partial award for T-bonds
The government borrowed P25 billion in long-term securities even after investors asked for rates slightly above secondary markets......»»
Government makes full award of P35 billion reissued T-bonds
The government secured P35 billion in long-term securities as the asking rates of investors remain at par with secondary markets......»»
Full award of T-bonds as rates drop
The Bureau of the Treasury secured P35 billion in long-term government securities, as rates went down even after the country’s inflation sizzled to a fresh 14-year high......»»
Government makes partial award of P30.6 billion T-bonds
The government made a partial award of P30.6 billion in long-term securities even after rates picked up by over 100 basis points......»»
Treasury partially awards P24 billion in T-bonds
The government only made a partial award of Treasury bonds (T-bonds) as yields continue to pick up with the local debt market adjusting to global developments......»»
Treasury partially awards P22.85 billion in T-bonds
The government only made a partial award of Treasury bonds as yields remain high with the September inflation expected to further increase......»»
Treasury awards P35 billion worth of reissued 20-year bonds
The government made a full award of the P35 billion worth of reissued 20-year bonds on the back of strong demand for the long-term debt papers......»»
GREATEST PERFORMANCES: Arellano U’s sweep of thrice-to-beat SSC-R
Arellano University has been the dominating force in the NCAA women’s volleyball for the past three seasons. If not for the cancellation of Season 95 due to the coronavirus (COVID-19) pandemic, the Lady Chiefs would’ve made a strong case for a four-peat. But while the Lady Chiefs displayed great character to extend their reign, it was Arellano U’s impressive showing in Season 92 Finals series that built the solid foundation of its grand slam. Three years ago, the Lady Chiefs redeemed themselves from surrendering the crown the previous season by dethroning College of St. Benilde in the stepladder semifinals. Arellano U thus earned a return ticket to the Finals. However, the Lady Chiefs had to face an uphill climb in the championship series as they took on an unbeaten Grethcel Soltones-led San Sebastian College armed with a thrice-to-beat advantage. The Lady Stags handed Arellano U its only loss in the elimination round, before coming into the Finals with nine straight wins. Led by the graduating Soltones backed by a veteran crew, SSC-R looked poised to avenge its humiliating defeat the season before when they squandered the same series advantage. But the Lady Chiefs proved that they were the hungrier team. Using the death of head coach Obet Javier’s wife, Amy Marie, after a long bout with lung cancer as added motivation, Arellano U pulled off a shocker in the series opener. The Lady Chiefs swept the Recto-based squad, 25-18, 25-20, 25-16, with Rialen Sante, Jovie Prado, Andrea Marzan and Mary Anne Esguerra leading the way. Drawing first blood, Arellano U quickly shifted momentum to its favor. They played spoiler to Soltones’ third straight Most Valuable Player award in Game 2 when the Lady Chiefs survived a thrilling five-set match, 18-25, 25-16, 25-11, 26-28, 15-13, to inch closer to its second title since joining the league in 2009. Arellano kept its composure in a very tight fifth set breaking a 13-all deadlock with Regine Arocha’s off speed. SSC-R was the first top blink when Dangie Encarnacion committed an attack error that brought back the nightmare of the Lady Stags’ Season 91 Finals defeat. Then in Game 3, the Lady Chiefs celebrated Valentine’s Day by breaking the hearts of the Lady Stags, 25-15, 22-25, 25-23, 25-16. “Napakalaki sa amin ito kasi 'yung mga bata, pinaghirapan talaga namin ang taon na ito," Javier said then. "Noong first round, natalo kami sa Baste kaya nag-set kami ng goal na hindi na dapat mangyari ito. Nangyari naman." That feat set the tone for Arellano U’s next two conquests. From there, the Lady Chiefs established its current domination of the country’s oldest collegiate league. --- Follow this writer on Twitter, @fromtheriles.....»»
DOH: Pertussis cases 20 times more than last year
DOH: Pertussis cases 20 times more than last year.....»»
Philippines logs 40 pertussis deaths this year
MANILA, March 28 (Xinhua) -- Forty children have died of whopping cough, a respiratory infection also called pertussis, since this year, the Philippines' Department of Health (DOH) has reported. The DOH said in a statement on Wednesday that cases have continued to increase since the start of this year, recording 568 cases from Jan. 1 to March 16. "The total number of cases for the same period in 2023 was.....»»
Property prices slow in Q4
The growth in property prices has been sustained for 10 straight quarters, albeit at a slower pace in the fourth quarter last year, according to the Bangko Sentral ng Pilipinas......»»
ANZ raises Philippine inflation forecast to 3.8% this year
ANZ Research hiked its inflation forecast for the Philippines to 3.8 percent this year, from 3.5 percent previously, as risks may drive inflation up to above the central bank’s two to four percent target in the coming months......»»