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ADB approves USD 100 mln loan to support small and medium-sized enterprises in Sri Lanka

Manila [Philippines], March 19 (ANI): The Asian Development Bank (ADB) has approved a USD 100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change. SMEs play a critical role in Sri Lanka's economy, contributing 52 per cent to the country's gross domestic product and employ 45 per c.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

Interview: ISU chief hails next generation stars rising at Gangwon 2024

GANGNEUNG, South Korea, Jan. 28 (Xinhua) -- The next generation stars in ice skating are rising at the 2024 Gangwon Winter Youth Olympic Games, chief of the global skating governing body has said. "Next-generation stars can compete [at a] global level. Just like many other sports, this is an event where we get to see the rising stars, the next generation stars," Kim Jae-youl, president of the International Skati.....»»

Category: newsSource:  manilanewsRelated NewsJan 28th, 2024

S& P: Philippines may miss growth goal this year

S&P Global Ratings sees the Philippines again missing its growth targets this year as it kept its gross domestic product growth forecast at 5.9 percent. While the projection is better compared to other economies in the region, it is again below the government’s 6.5 to 7.5 percent growth target......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

Calbayog Airport by-pass road commences second phase

Second phase in the construction of Calbayog Airport by-pass road is now underway with a contract amount of P69.12 million taken from the General Appropriations Act (GAA) for FY 2023 said Samar First DEO......»»

Category: newsSource:  samarnewsRelated NewsFeb 12th, 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

Philippine exports surpass 100 bln USD in 2023

MANILA, April 1 (Xinhua) -- Philippine exports exceeded 100 billion U.S. dollars for the first time in 2023, with a total of 103.6 billion dollars, a 4.8 percent increase from 2022, the Philippines' Department of Trade and Industry (DTI) said Monday. Citing data from the Bangko Sentral ng Pilipinas (BSP), the country's central bank, DTI Secretary Alfredo Pascual said that the strong performance of the informatio.....»»

Category: sportsSource:  abscbnRelated NewsApr 1st, 2024

300M Coliseum Project is set to be constructed at the CatSU Compound

Catanduanes State University’s leadership joyfully announces the initiation of a 300 million project aimed at constructing a coliseum on a one-hectare plot within the campus. In a statement by President Patrick Azanza, he indicated that the initial phase, valued at 100 million, is slated to commence this year, with the entire project anticipated to conclude […] The post 300M Coliseum Project is set to be constructed at the CatSU Compound appeared first on Bicol Peryodiko......»»

Category: newsSource:  inquirerRelated NewsJan 11th, 2024

P2.5B swak sa fuel subsidy ng mga tsuper

May nakalaang P2.5 bilyon para sa fuel subsidy ng mga PUV driver ngayon taon, ayon kay Makati City Rep. Luis Campos Jr. The post P2.5B swak sa fuel subsidy ng mga tsuper first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 10th, 2024

Fuel price cut expected this week

Fuel prices are expected to decrease slightly again following a minimal downward price adjustment previously, according to industry sources. In an advisory over the weekend, Unioil said the price of diesel might go down by 20 to 30 centavos per liter and gasoline by 30 to 50 centavos per liter. ALSO READ: Fuel prices rise.....»»

Category: newsSource:  inquirerRelated NewsMar 10th, 2024

Fuel prices as of Jan. 30: Gasoline up by P2.80, diesel by P1.30 

CEBU CITY, Philippines – Local oil companies here have announced ta significant increase in the prices of fuel effective Tuesday, January 30, 2024. As a result, motorists in Cebu City will be facing a hefty increase in the prices of fuel products on the first week of February. This marks the fourth consecutive week of.....»»

Category: newsSource:  inquirerRelated NewsJan 30th, 2024

Tesla lays off top performers and slashes departments, sources say

In a surprising turn of events, Tesla has announced layoffs impacting over 10% of its global workforce as the company prepares for its next phase.....»»

Category: newsSource:  thedailyguardianRelated News2 hr. 13 min. ago

CitySavings Named One of the 2024 Philippines’ Growth Champions

City Savings Bank (CitySavings) continues to cement its position to become the leading mass market bank in the country with its inclusion as one of the 2024 Philippines’ Growth Champions.  The Philippine Daily Inquirer released the report with international market research firm Statista. This year’s Philippines’ Growth Champions are companies with remarkable growth and resilience […].....»»

Category: newsSource:  metrocebuRelated NewsMar 8th, 2024

BSP seen to cut rates by 100 bps this year

The Bangko Sentral ng Pilipinas is seen slashing interest rates by as much as 100 basis points this year as easing inflation could support the growth of the country’s banking sector in the next two years, Fitch Ratings said......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Samar First completes phase II of road construction leading to Pinipisakan Falls

Samar First District Engineering Office recently completed phase II of the construction of access road leading to Pinipisakan Falls in San Jorge, Samar......»»

Category: newsSource:  inquirerRelated NewsApr 12th, 2024

India’s multi-phase election will stretch over 44 days

India’s multi-phase election will stretch over 44 days.....»»

Category: newsSource:  sunstarRelated NewsMar 19th, 2024

Phase 1 of Cebu BRT project due for turnover in May or June

CEBU CITY, Philippines – Phase one of the Cebu Bus Rapid Transit (CBRT) project is set to be completed around May or June this year, a local legislator confirmed. Councilor Jerry Guardo, chairman of the committee on infrastructure of the Cebu City Council, said that although the project was initially scheduled for turn over in.....»»

Category: newsSource:  inquirerRelated NewsFeb 21st, 2024

‘Film director’s arrest meant to cover up jeepney phase out’ – jeepney drivers

Castro’s arrest, which was based on a social media post, shows a dangerous precedent for vocal critics of anti-citizen government policies. By DANIEL ASIDO Bulatlat.com MANILA – Transport group Pagkakaisa ng mga Samahan ng Tsuper at Operator Nationwide (Piston) condemned the arrest of film director Jade Castro and his companions, noting that this is only… The post ‘Film director’s arrest meant to cover up jeepney phase out’ – jeepney drivers appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 19th, 2024

Mandani Bay launches second phase of new real estate venture, Mandani Bay Quay

Mandani Bay launches second phase of new real estate venture, Mandani Bay Quay.....»»

Category: newsSource:  sunstarRelated NewsFeb 8th, 2024

Fuel price hike next week

As travel peaks for the Holy Week, hefty fuel prices are expected......»»

Category: newsSource:  philstarRelated NewsMar 22nd, 2024

Enrile 100-anyos na ngayong V-Day, tatanggap ng P100k cash gift

NGAYONG Valentine’s Day, February 14, ipinagdiriwang ni Chief Presidential Legal Counsel at dating Sen. Juan Ponce Enrile ang kanyang ika-100 kaarawan. Kaya naman isa siya sa mga Pinoy na magse-celebrate ng kanilang 100 years ngayong taon na makakatanggap ng P100,000 centenarian cash gift, base na rin sa nakasaad sa Centenarians Act of 2016. Ayon sa Centenarians.....»»

Category: newsSource:  inquirerRelated NewsFeb 14th, 2024