Government urged to keep spending, avoid high surplus
The government should not keep a high surplus and instead continue to ramp up spending in order to meet the growing needs of the economy, an economist said......»»
Philippines posts 1.2 bln USD surplus in March
MANILA, April 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a surplus of 1.2 billion U.S. dollars in March 2024, slightly lower than the 1.3-billion-dollar BOP surplus recorded a year ago, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in March reflected inflows arising mainly from the national government's net foreign currency deposi.....»»
Philippines posts 642 mln USD surplus in December
MANILA, Jan. 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency dep.....»»
Philippines posts 642 mln USD surplus in December
MANILA, Jan. 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency dep.....»»
Government posts P88 billion surplus
The Marcos administration snapped eight consecutive months of budget deficit after it recorded a surplus of P88 billion in January as revenue collections outpaced spending......»»
Avoid littering, public urged
Avoid littering, public urged.....»»
Budget surplus unlikely to last – Recto
The record budget surplus in January is unlikely to be sustained over the coming months, more so for the rest of the year, but the government is not worried so long as revenue targets are achieved, according to Finance Secretary Ralph Recto......»»
Xinhua world economic news summary at 0900 GMT, Jan. 19
MANILA -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency deposits with the BSP.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 19
MANILA -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency deposits with the BSP.....»»
BoP reverts to surplus, reaches $3.7 billion last year
The country’s balance of payments position reverted to a surplus, hitting $3.67 billion last year and reversing the $7.26 billion deficit recorded in 2022, according to the Bangko Sentral ng Pilipinas......»»
‘Stop intrusions at sea to avoid miscalculations’
Cagayan de Oro City 2nd District Rep. Rufus Rodriguez yesterday urged China to stop its intrusion in the West Philippine Sea and the 200-mile exclusive economic zone of the Philippines to show sincerity that Beijing really wanted to avoid “miscalculations” with the United States......»»
Residents urged not to burn garbage to avoid grass, rubbish fires
MANDAUE CITY, Philippines — The Mandaue City Disaster Risk Reduction Management Office (MCDRRMO) is urging residents not to burn their garbage and to properly dispose of cigarette butts to avoid possible grass and rubbish fires. MCDRRMO Head Buddy Alain Ybañez said on Wednesday, April 10, that grass and rubbish fire incidents have been recorded almost.....»»
10th ID bashes Canadian gov’t for travel advisory vs Mindanao
The 10th Infantry Agila Division (10ID) of the Philippine Army criticized the Canadian government for issuing a travel advisory against all parts of Mindanao, which includes their area of responsibility. Major Mark Anthony Tito, spokesperson for the 10th ID, emphasized that the regions under their jurisdiction are peaceful and free from terrorism and violent threats, contrary to the Canadian embassy's advisory. The division oversees 12 provinces, seven cities, and 72 municipalities in various parts of Mindanao. Tito expressed bewilderment at the basis of the travel advisory, asserting that the Canadian government lacks awareness of the actual situation on the ground. He highlighted the peaceful nature of the entire Davao Region throughout 2023, with no recorded incidents of terrorism or insurgency. Despite the exclusion of Davao City from the advisory, Tito noted that the region would still be impacted. The Canadian embassy's advisory warned its citizens to avoid visiting Mindanao due to ongoing terrorism, civil unrest, kidnapping, high levels of violence, and encounters between rebel forces and government security authorities. Specific provinces and regions were singled out for caution or non-essential travel, including Northern Mindanao, Soccsksargen, and Eastern Mindanao. Contrary to the advisory, the 10th ID has been actively weakening and eliminating guerilla forces within its jurisdiction as part of the Philippine Army's efforts to establish an insurgency-free zone. In fact, on October 27, 2023, the Davao Region celebrated its first anniversary as an insurgency-free region in the Philippines. This dispute has led to other related stories, including the Chamber's intention to engage in discussions with the Canadian government regarding the travel advisory, as well as refutations from the Mindanao Development Authority (MinDA) and celebrations of the Davao Region's insurgency-free status by the Regional Peace and Order Council. In summary, the 10th ID vehemently opposes the Canadian government's travel advisory, citing the peaceful and secure nature of the regions under their jurisdiction, and highlighting the significant strides made in eradicating insurgency in the Davao Region......»»
EcoWaste Coalition: Keep the Bagong Pilipinas Kick-Off Rally Litter-Free
Quezon City. The EcoWaste Coalition, a non-government organization campaigning for the human right to a clean, healthy and sustainable environment, urged those leading and participating in the kick-off rally of the “Bagong Pilipinas” movement in Rizal Park tomorrow, January 28, to keep the massive event litter-free. President Ferdinand Marcos, Jr. (PBBM) is expected to grace […].....»»
EcoWaste Coalition: Keep the Bagong Pilipinas Kick-Off Rally Litter-Free
27 January 2024, Quezon City. The EcoWaste Coalition, a non-government organization campaigning for the human right to a clean, healthy, and sustainable environment, urged those leading and participating in the kick-off rally of the "Bagong Pilipinas" movement in Rizal Park tomorrow, January 28, to keep the massive event litter-free.President Ferdinand Marcos, Jr. (PBBM) is expected to grace the h.....»»
Government arsenal spending up 420 percent but misses production target
The Government Arsenal increased its spending in 2023 by 420 percent, but still failed to meet its ammunition production target for the year, according to a report from the Commission on Audit......»»
Government jacks up infrastructure spending to P1.2 trillion in 2023
The government jacked up its infrastructure spending last year, hitting P1.2 trillion and effectively surpassing its programmed allocation on the back of faster disbursements for major transport and road projects, according to the Department of Budget and Management......»»
Postpone quake and fire drills scheduled this summer to avoid heat index emergencies and mass casualties
Postpone quake and fire drills scheduled this summer to avoid heat index emergencies and mass casualties.....»»
Two Costly Marketing Missteps Small Businesses Must Avoid
Marketing is a crucial tool for any small business looking to grow its customer base, increase revenue, and establish a foothold within its industry. However, many businesses make common marketing mistakes that can hinder their progress and ultimately lead to missed opportunities. Here are two such missteps that small businesses must avoid at all costs. […].....»»
DepEd exec urges teachers: Avoid corporal punishment
DepEd exec urges teachers: Avoid corporal punishment.....»»
Public reminded: Follow traffic rules to avoid accidents
MANDAUE CITY, Cebu –Officials of Mandaue City are reminding motorists to always follow traffic rules to avoid violations and possible accidents. Mayor Jonas Cortes stated on Friday, March 1, that adherence to traffic rules can ensure drivers’ safety and promote smooth traffic flow. “Kung magdali ka o mag-counterflow, prone ka sa disgrasya. Importante gyud ang.....»»