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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.....»»
Moody’s outlook: Philippine banks remain on stable footing
Moody’s Investors Service has maintained a stable outlook for Philippine banks as interest rate cuts from the Bangko Sentral ng Pilipinas this year are seen to support economic recovery......»»
Chasing fool s gold
2002 Packers: a prime example Cliff Christl Mike from Franklin, WIDuring Aaron Rodgers' final years as a Packer a lot of fans clamored for the team to go "all in" to maximize their Super Bowl chances. Fans wanted to see big free-agent signings, wide receivers drafted in the first round, etc. The current run that these 2023 Packers are on seems to once again validate the front office's approach, that you.....»»
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 […].....»»
PH Remains One of the Fastest Growing Economies in East Asia and Pacific, World Bank Says
The World Bank retains its positive outlook on the Philippine economy despite foreseen challenges. According to their April 2024 East Asia and Pacific Economic Update, the World Bank projects a 5.8 percent economic growth for the Philippines this year — the East Asia and Pacific region’s second fastest-growing economy. Moreover, the said update also adjusted […].....»»
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......»»
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.....»»
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 […].....»»
Team Vice, Team Anne bardagulan sa Family Feud; bakit wala si Karylle?
TULOY na tuloy na ang bakbakan ng mga “It’s Showtime” hosts sa Kapuso game show na “Family Feud” hosted by Dingdong Dantes. Nakapag-taping na last Saturday ang mga taga-“Showtime” sa naturang programa kung saan hinati sila sa dalawang grupo — ang Team Vice Ganda at Team Anne Curtis. Ka-join sa Team Vice sina Jhong Hilario,.....»»
Fitch keeps credit rating of 5 Philippine banks
Fitch Ratings has affirmed the credit rating of five of the country’s biggest banks and kept its stable outlook, on the back of a likely robust economic growth over the next two years......»»
What to consider when investing in condos in 2024
The Philippine property sector, marked by its perpetual dynamism, anticipates a propitious run in 2024. This buoyant outlook is primary driven by the real estate industry’s resilience even in the face of economic downturns......»»
Philippine central bank keeps interest rates unchanged
MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»
Philippine central bank keeps interest rates unchanged
MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»
Kartzone Cebu Racing Team celebrates recent wins, eyes bigger races in 2024
CEBU CITY, Philippines — There’s a new racing team in Cebu that will surely give everyone a run for their money. They’re no other than the KartZone Cebu Racing Team that recently made waves in the national karting scene. Amazingly, this team isn’t composed of veteran and hard-nosed drivers, but a bunch of talented kids.....»»
PHL ready to face Iraq in FIFA World Cup qualifiers
CEBU CITY, Philippines — The Philippine Men’s National Football Team is ready to take on Iraq, according to its head coach, Tom Saintfiet. The team will face Iraq tomorrow, March 21, at the Basra International Stadium for the FIFA World Cup 2026 qualifiers. Members of the Philippine Men’s National Football Team flew to Iraq recently.....»»
Freddy Gonzales gets PFF national team director’s job
CEBU CITY, Philippines— Days after long-time Philippine Men’s National Team (PMNT) manager Dan Palami stepped down from his position, the Philippine Football Federation (PFF) quickly found a replacement in former national team player Alfredo “Freddy” Gonzalez. Gonzales was specifically appointed by the PFF as the new director of national teams, which directly gives him the.....»»
Saving Kabugao the Philippine Eagle
A composite team from the Department of Environment and Natural Resources, local governments of Apayao and Kabugao, the non-profit Philippine Eagle Foundation and concerned citizens nursed a critically endangered Philippine Eagle back to health after the eagle was rescued from a farmer in Barangay Bulu of Kabugao town in Apayao province last March 19......»»
Saving Kabugao the Philippine Eagle
A composite team from the Department of Environment and Natural Resources, local governments of Apayao and Kabugao, the non-profit Philippine Eagle Foundation and concerned citizens nursed a critically endangered Philippine Eagle back to health after the eagle was rescued from a farmer in Barangay Bulu of Kabugao town in Apayao province last March 19......»»
Campaign launched vs display of PNP, TEAM stickers on private vehicles
MANDAUE CITY, Philippines – The display of stickers bearing the name and logo of the Philippine National Police (PNP) and the Traffic Enforcement Agency of Mandaue (TEAM) is prohibited, especially on privately owned vehicles. TEAM Asst. Department Head Hyll Retuya said this could create confusion and give the impression that the vehicle owner was a.....»»
Moalboal inter-town hoopla unfolds on March 9
CEBU CITY, Philippines— The Municipality of Moalboal will once again roll out the red carpet for sports as the cash-rich 2nd Mayor Inocentes Cabaron Invitational Inter-town tournament unfolds on March 9 at the town’s sports complex. A dozen teams will compete for a whopping P500,000 worth of cash prizes in this annual cage fest. For.....»»