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Argentina permitted to tap IMF bailout
The Latin American country is heading towards 200% inflation amid the worst economic crisis in decades The International monetary Fund (IMF) has agreed to unlock $4.7 billion for Argentina as part of a debt restructuring plan even though the country missed targets related to its $43 billion loan program, the fund anno.....»»
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......»»
Sun Savings Bank: Where growth is not just a goal, but a culture
Sun Savings Bank: Where growth is not just a goal, but a culture.....»»
IMF hikes Philippines 2024 growth target
The International Monetary Fund upgraded its 2024 economic growth forecast for the Philippines amid the stronger rebound in investments and exports......»»
China maintains defence budget growth despite economic travails
Hong Kong, March 12 (ANI): At the 14th National People's Congress, China announced its defence budget for 2024 and interestingly maintained the growth rate of its military expenditure at precisely the same percentage as last year, as Chairman Xi Jinping continues to prioritize the People's Liberation Army (PLA) at the expense of other sectors of government funding. Indeed, according to figures released on the opening day.....»»
BPI bullish this year amid continued loan growth
After posting record earnings in the first quarter, Bank of the Philippine Islands is optimistic about its growth prospects for this year as it sees its loan book growing by 11 to 12 percent, mainly driven by higher loans from consumers......»»
Unilever bullish on Philippine growth prospects
Unilever Philippines is optimistic of sustaining robust growth this year as it aims to grow its business faster than the country’s gross domestic product......»»
The Future of Work: AI’s Double-Edged Sword for Global Economies
Artificial Intelligence (AI) holds promise in revolutionizing global productivity and economic growth. However, the flip side includes potential job displacement and a widening wealth gap. Without proper policies, nations may struggle to adapt to this emerging technology. The International Monetary Fund (IMF) indicates that nearly 40% of global jobs could be influenced by AI. In […].....»»
Leyte sets aside P20-M for Covid-19 vaccines
ACQUIRING VACCINES. Leyte Governor Leopoldo Dominico Petilla is shown during a meeting on Dec. 11, 2020. The provincial government of Leyte has initially allocated PHP20 million for the procurement of Covid-19 vaccines once it is available in the market, Petilla said on Monday (Dec. 21, 2020). (Photo courtesy of the Leyte provincial government) TACLOBAN CITY […].....»»
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 […].....»»
FDC eyes return to pre-COVID-19 profit
Filinvest Development Corp., the listed conglomerate of the Gotianun family, is bullish on its growth prospects this year, with the company setting its sights on returning to pre-pandemic profit levels......»»
Japan credit rater bullish on Philippine growth this year
The Philippine economy is likely to grow by six percent this year, mainly driven by robust private consumption amid easing prices and stable remittances, Japan Credit Rating Agency Ltd. said......»»
Race for global economic dominance sees striking turn of fortunes - ex-IMF official
The assumption that China will eventually overtake the US as the world's largest economy now seems less certain, Eswar Prasad has said The US has extended its lead over China in the race for the globe's largest economy, Bloomberg reported on Friday. The American economy defied forecasts in outperfo.....»»
Gabbi, Khalil pinag-uusapan na ang kasal: ‘Same kami ng end goal’
MUKHANG handa na sa next level ng relasyon ang celebrity couple na sina Gabbi Garcia at Khalil Ramos. Ito ay matapos ibunyag ng dalawa na pinag-uusapan na nila ang planong pagpapakasal. Sa panayam with King of Talk Boy Abunda, inamin ng couple na ito ang “end goal” nila. “It’s something that we actually talk about.....»»
CONCACAF Champions Cup: FC Cincinnati advance easily
(Photo credit: Albert Cesare/The Enquirer / USA TODAY NETWORK) Nineteen-year-old Gerardo Valenzuela logged a goal and an assist to lead host FC Cincinnati to a 4-0 win over Cavalier SC of Jamaica on Wednesday, wrapping up a first-round CONCACAF Champions Cup series. Cincinnati took the two-match, total-goal series 6-0 to advance to a round-of-16 matchup against Monterrey. The first leg will be played in Cincinnati on Mar.....»»
CONCACAF Champions Cup: Cincinnati, Nashville advance easily
(Photo credit: Albert Cesare/The Enquirer / USA TODAY NETWORK) Nineteen-year-old Gerardo Valenzuela logged a goal and an assist to lead host FC Cincinnati to a 4-0 win over Cavalier SC of Jamaica on Wednesday, wrapping up a first-round CONCACAF Champions Cup series. Cincinnati took the two-match, total-goal series 6-0 to advance to a round-of-16 matchup against Monterrey. The first leg will be played in Cincinnati on Mar.....»»
UK Labour’s foreign policy pitch maintains strong support for Ukraine
Labour's foreign policy chief David Lammy will reiterate Labour's desire for a new British-EU security pact.....»»
Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024
MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»
Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024
MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»
Shift in news coverage of West Philippine Sea needed
THERE ARE no signs to indicate that China will put a halt to its bullying tactics in the West Philippine Sea (WPS). They will keep up the gray zone tactics-tailing and shadowing Filipino vessels, using blinding lasers, and firing water cannons at vessels on supply missions to troops based on the carrying supplies to the grounded Philippine BRP Sierra Madre, which the Philippines maintains as its outpost in Ayungin Shoa.....»»