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Digital economy contributes 8.4 pct to Philippine economy in 2023

MANILA, April 25 (Xinhua) -- The digital economy amounted to 2.05 trillion pesos (35.396 billion U.S. dollars) in 2023, contributing 8.4 percent to the country's gross domestic product (GDP), the Philippine Statistics Authority (PSA) said Thursday. "This resulted in a 7.7 percent growth from the 1.90 trillion pesos (32.8 billion dollars) gross value added of the digital economy in 2022," the agency said......»»

Category: newsSource:  manilanewsRelated NewsApr 25th, 2024

EAM Jaishankar, Singapore PM exchange views on deepening engagement in fintech, digitalization, green economy

New Delhi [India], March 26 (ANI): External Affairs Minister S Jaishankar and Singapore Prime Minister Lee Hsien Loong exchanged views on deepening engagement in fintech, digitalization, the green economy, skills development and food security. EAM Jaishankar concluded his visit to Singapore on March 25. He was on an official visit to Singapore from March 23-25, the first leg of his visit to Singapore, Philippines and Mala.....»»

Category: newsSource:  manilanewsRelated NewsMar 26th, 2024

EAM Jaishankar, Singapore PM exchange views on deepening engagement in fintech, digitalization, green economy

New Delhi [India], March 26 (ANI): External Affairs Minister S Jaishankar and Singapore Prime Minister Lee Hsien Loong exchanged views on deepening engagement in fintech, digitalization, the green economy, skills development and food security. EAM Jaishankar concluded his visit to Singapore on March 25. He was on an official visit to Singapore from March 23-25, the first leg of his visit to Singapore, Philippines and Mala.....»»

Category: newsSource:  philippinetimesRelated NewsMar 26th, 2024

Security Bank, Epson partner for financing

Security Bank Corp. has partnered with Epson Philippines Corp. for a special financing program for Epson’s distributors and dealers to help them fulfill big-ticket orders which usually tighten liquidity......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

New Mandaue city hall gets P3 billion financing

State-run Development Bank of the Philippines has extended a P3-billion loan financing to the local government of Mandaue in Cebu for the construction of a center that would boost delivery of services......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Loss of Russian gas has hurt German economy - minister

The country is now in a "particularly" difficult situation, Vice-Chancellor Robert Habeck has warned The German economy has lost its competitive advantage after abandoning Russian gas supplies, Vice-Chancellor and Economy Minister Robert Habeck stated on Wednesday. The EU's top economy benefited from cheap Russ.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 2024

Losing Russian gas has hurt Germany s economy - minister

The country is now in a "particularly" difficult situation, Vice-Chancellor Robert Habeck has warned The German economy has lost its competitive advantage after abandoning Russian gas supplies, Vice-Chancellor and Economy Minister Robert Habeck stated on Wednesday. The EU's top economy benefited from cheap Russ.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 2024

Davao swimmer Ernie Gawilan secures 3rd Paralympics spot

Davao swimmer Ernie Gawilan secures 3rd Paralympics spot.....»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024

Mober secures $2-M in seed funding to electrify Philippine logistics

Mober secures $2-M in seed funding to electrify Philippine logistics.....»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

Almost P1.2 trillion investments approved for green lane processing – BOI

Nearly P1.2 trillion worth of strategic investment projects have been approved for green lane processing since the approval of the executive order on the establishment of green lanes services, according to the Board of Investments......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

NBA: Warriors win against Magic despite Green ejection

The Golden State Warriors, fueled by 23 points from Andrew Wiggins and two late baskets by Stephen Curry, beat the Magic 101-93 in Orlando, despite the ejection of Draymond Green just 3 minutes 36 seconds into the contest. Curry was left shaking his head when Green was tossed, receiving two quick technical fouls for heatedly.....»»

Category: newsSource:  inquirerRelated NewsMar 28th, 2024

PLDT borrows P1 billion in green loans

Telco giant PLDT Inc. has borrowed P1 billion from the green loan facility of HSBC Philippines to bankroll the expansion and upgrade of its fiber network......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

BOI gives green lane to P150 billion telco project

The Board of Investments has approved a P150 billion Malaysian telecommunications infrastructure project for green lane processing, noting its role in introducing new technologies in the country......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Diving tourism contributes 1.3 bln USD to Philippine economy in 2023

MANILA, Feb. 23 (Xinhua) -- Diving tourism contributed more than 73 billion pesos (1.3 billion U.S. dollars) to the Philippine economy in 2023, nearly twice the revenue the industry earned in 2022, the country's Department of Tourism said Friday. Diving tourism raked 37 billion pesos (661 million dollars) in revenue in 2022, Tourism Secretary Christina Garcia Frasco said at the Philippine International Dive Expo.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 24th, 2024

Diving tourism contributes 1.3 bln USD to Philippine economy in 2023

MANILA, Feb. 23 (Xinhua) -- Diving tourism contributed more than 73 billion pesos (1.3 billion U.S. dollars) to the Philippine economy in 2023, nearly twice the revenue the industry earned in 2022, the country's Department of Tourism said Friday. Diving tourism raked 37 billion pesos (661 million dollars) in revenue in 2022, Tourism Secretary Christina Garcia Frasco said at the Philippine International Dive Expo.....»»

Category: newsSource:  manilanewsRelated NewsFeb 24th, 2024

Global Dominion, RCBC Capital extend financing to the unbanked and underbanked

Both organizations aim to service the financial needs of people and organizations unable to tap the banks for their funding requirements and leave a positive impact on society through financing......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

Global Dominion, RCBC Capital extend financing to the unbanked and underbanked

Both organizations aim to service the financial needs of people and organizations unable to tap the banks for their funding requirements and leave a positive impact on society through financing......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

FundSpace, Global Dominion tie up to boost SME, individual financing

FundSpace, Global Dominion tie up to boost SME, individual financing.....»»

Category: newsSource:  sunstarRelated NewsMar 4th, 2024

DOT To Launch Tourism Program for OFWs

The Department of Tourism (DOT) and Department of Migrant Workers (DMW) have teamed up for the Balik Bayani sa Turismo program, recognizing the key role OFWs play in boosting the Philippine economy. Aligned with the National Government’s OFWs Reintegration Program, it focuses on providing livelihood and financial literacy opportunities through tourism training for OFWs and their […].....»»

Category: newsSource:  metrocebuRelated NewsJan 26th, 2024

Open ocean salmon farm a win for the economy

The final approval of New Zealand King Salmon's Blue Endeavour open ocean aquaculture project is a significant step for New Zealand's aquaculture, and a win for the economy, Oceans and Fisheries Minister Shane Jones says. "Blue Endeavour will be the first open ocean aquaculture salmon farm in New Zealand. It's going to provide more jobs for the Marlborough region and benefit our economy b.....»»

Category: sportsSource:  abscbnRelated NewsMar 1st, 2024