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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.....»»
Maharashtra signs MoUs of over Rs 4 lakh crore at World Economic Forum, says CM Shinde
Davos [Switzerland], January 17 (ANI): Maharashtra Chief Minister Eknath Shinde on Wednesday said that the state has signed MoUs of more than Rs 4 lakh crore, i.e., around 46 billion, here on the sidelines of the World Economic Forum Annual Meeting. Speaking to ANI, CM Shinde said, "People are excited to invest in Maharashtra. Including today and yesterday, various MoUs were signed. We expected around 3 lakh crores, but M.....»»
Maharashtra signs MoUs of over Rs 4 lakh crore at World Economic Forum, says CM Shinde
Davos [Switzerland], January 17 (ANI): Maharashtra Chief Minister Eknath Shinde on Wednesday said that the state has signed MoUs of more than Rs 4 lakh crore, i.e., around 46 billion, here on the sidelines of the World Economic Forum Annual Meeting. Speaking to ANI, CM Shinde said, "People are excited to invest in Maharashtra. Including today and yesterday, various MoUs were signed. We expected around 3 lakh crores, but M.....»»
Saudi Arabia clarifies BRICS membership reports
Riyadh was officially invited to the group of emerging countries in August 2023 Saudi Arabia has yet to join the BRICS group of economies officially, the kingdom's minister of commerce, Majid Al-Kasabi, announced at the World Economic Forum in Davos on Tuesday. Saudi state broadcaster reported earlier this mont.....»»
‘Precarious’ year ahead for world economy, Davos survey predicts
Some 56% of those surveyed expect overall global economic conditions to weaken in 2024, with a high degree of regional divergence.....»»
Magsayo punches his way into super featherweight top 10 world rankings
CEBU CITY, Philippines — Former world champion, Mark “Magnifico” Magsayo is starting to make his presence felt in the super featherweight division after cracking into the world’s latest top 10 rankings. Magsayo, the former World Boxing Council (WBC) world featherweight champion, is currently ranked NO. 7 in both the WBC and World Boxing Association (WBA). .....»»
Women-owned businesses getting more loans; non-performing assets less than 2.5 pc: Smriti Irani at WEF
Davos [Switzerland], January 17 (ANI): Union Women and Child Development Minister Smriti Irani said her government in New Delhi is working with a mantra of women-led development, and it has helped in empowering them. She said the PM Awas housing scheme, where a majority of the beneficiaries are women, and the Ujjwala gas connection for poor women have helped empower them. The total number of gas connections in India rose.....»»
Women-owned businesses getting more loans; non-performing assets less than 2.5 pc: Smriti Irani at WEF
Davos [Switzerland], January 17 (ANI): Union Women and Child Development Minister Smriti Irani said her government in New Delhi is working with a mantra of women-led development, and it has helped in empowering them. She said the PM Awas housing scheme, where a majority of the beneficiaries are women, and the Ujjwala gas connection for poor women have helped empower them. The total number of gas connections in India rose.....»»
Japan boxer, former three-division world champion, trains in Cebu
CEBU CITY, Philippines — Former three-division world champion Kosei Tanaka returned to Cebu for some top-notch boxing training. The 28-year-old Japanese is the former World Boxing Organization (WBO) world minimum, world flyweight, and former world light flyweight champion. He will spend three weeks in Cebu at the ZIP Sanman Boxing gym in Banawa, Barangay Guadalupe. .....»»
Amparo falls short vs. Shigeoka in last minute world title bout
CEBU CITY, Philippines — World-rated Boholano Jake “El Bambino” Amparo faltered in his first world title shot in the hands of the defending International Boxing Federation (IBF) world minimumweight champion Ginjiro Shigeoka on Sunday, March 31, in Nagoya, Japan. Shigeoka made easy work against his last minute opponent by scoring a second round knockout. He.....»»
Andales challenges Shigeoka for IBF world minimumweight title
CEBU CITY, Philippines— One-time world title challenger ArAr “Asero” Andales has earned another world title shot, this time against the reigning International Boxing Federation (IBF) world minimumweight champion Ginjiro Shigeoka of Japan. Andales and Shigeoka’s world title bout is scheduled for March 31 at the International Conference Hall in Nagoya, Japan. Shigeoka will be one.....»»
World champion Collazo calls out Jerusalem for a unification bout
CEBU CITY, Philippines — The reigning World Boxing Organization (WBO) world minimumweight champion Oscar “El Pupilo” Collazo didn’t give the newly-crowned World Boxing Council (WBC) world minimumweight Melvin “Gringo” Jerusalem enough time to celebrate. Collazo immediately called out Jerusalem for a unification bout and a rematch following the latter’s split decision victory to dethrone erstwhile.....»»
Jerusalem ends PHL’s world title drought in boxing, wins WBC minimumweight belt in Japan
CEBU CITY, Philippines — Finally, the Philippines ended its world title drought in boxing after Melvin “Gringo” Jerusalem dethroned Yudai Shigeoka via split decision to win the World Boxing Council (WBC) world minimumweight title on Sunday, March 31, in Nagoya, Japan. Jerusalem flexed his winning might against the heavily favored Japanese world champion after knocking.....»»
Ancajas, Inoue make weight for WBA world title duel in Tokyo
CEBU CITY, Philippines—- Former world champion Jerwin Ancajas had to strip off his undergarments during Friday’s weigh-in to get the contracted weight for his world title duel against Japanese Takuma Inoue. Ancajas and Inoue will fight for the World Boxing Association (WBA) world bantamweight crown on Saturday, Feb. 24 at the Kokugikan Arena in Tokyo,.....»»
Infrastructure projects get better loan terms from Japan
The Philippines has secured better financing terms for two big-ticket infrastructure projects funded by the Japanese government aimed at improving public transport and road connectivity......»»
Ancajas arrives in Japan for February 24 world title bout vs. Inoue
CEBU CITY, Philippines — With less than a week before his much-anticipated world title fight, Jerwin “Pretty Boy” Ancajas arrived in Japan on Sunday, February 18. Ancajas guns to become a two-division world champion by taking on the reigning World Boxing Association (WBA) world bantamweight champion Takuma Inoue, the younger brother of Japanese boxing superstar Naoya.....»»
Jerusalem, Amparo make weight for Japan world title bouts
CEBU CITY, Philippines — Former world champion Melvin “Gringo” Jerusalem and world-rated Jake “El Bambino” Amparo will attempt to dethrone the vaunted Shigeoka brothers in their separate world title bouts on Sunday, March 31, in Nagoya, Japan. Jerusalem eyes a repeat of his 2023 shocking world title victory against Masataka Taniguchi by taking on Yudai.....»»
Andales cancels IBF world title fight in Japan
CEBU CITY, Philippines — Filipino ArAr Andales reportedly withdrew from his world title bout on March 31 in Nagoya, Japan. Andales was scheduled to fight the reigning International Boxing Federation (IBF) world minimumweight champion, Ginjiro Shigeoka of Japan. Their world title duel was supposedly a double-header world title bout with fellow Filipino Melvin Jerusalem gunning.....»»
BUCKET HAT made from abaca paper, crafted by a Catandunganon
A Catandunganon is gaining recognition on social media for creating the Bucket Hat. The innovator behind this is Francesca Bernadine Tabian, aiming to assist abaca farmers and further uplift the abaca industry in the province of Catanduanes. The new product was introduced by a Catandunganon artist, showcasing the trendy ‘bucket hat’ made from abaca paper. […] The post BUCKET HAT made from abaca paper, crafted by a Catandunganon appeared first on Bicol Peryodiko......»»
Indian banking sector continues to improve with better asset quality, high credit growth: Survey
New Delhi [India], March 21 (ANI): The health of the Indian banking sector continues to improve with better asset quality and high credit growth, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) showed. The eighteenth round of the survey was carried out for the period July to December 2023. Those banks that were surveyed together represent about 77 per cent of the banking i.....»»