Philippines to achieve upper middle-income status by 2031
The Philippines is projected to be an upper middle-income economy by 2031, past the government’s target of reaching the status by 2025, amid a broader growth slowdown in the Association of Southeast Asian Nations (ASEAN) economy, ANZ Research said......»»
Philippines upper middle-income status seen to boost insurance penetration
Higher insurance penetration hinges on the country’s ability to reach upper middle-income status as Filipinos’ disposable income remains limited amid the high cost of basic goods and services......»»
‘Philippines elevating to upper-middle income status next year’
The Philippines remains on track to become an upper-middle income economy in 2025, even as the government trimmed its economic growth target for this year, according to the National Economic and Development Authority......»»
Rama promises to transform Cebu City into a ‘Super City’ by 2031
CEBU CITY, Philippines – Mayor Michael Rama has made another promise to the Cebuanos, and that is to transform Cebu City into a ‘Super City’ by 2031. At the same time, Rama also made a commitment to transform all of the 80 barangays into “city-like barangays” by then. Rama’s ‘Super City’ vision was the highlight.....»»
DOF drops income tax hike for dividend income
The Department of Finance revised the proposed Passive Income and Financial Intermediary Taxation Act to drop a planned increase in the income tax rate for dividend income......»»
Upper Wawa Dam project now 93% complete
WawaJVCo Inc., a joint venture led by ports and casino tycoon Enrique Razon, has moved a step closer in completing its planned Upper Wawa Dam project, touted as the largest water supply dam to be constructed in the country in over 50 years......»»
Cebuana Joanneesse Perez likely to play a different position with UP
CEBU CITY, Philippines—Cebuana Joanneesse Gabrielle Perez may not be playing as a middle blocker with the University of the Philippines (UP) women’s volleyball team in the UAAP. The 18-year-old Cebuana volleyball standout shared this during her guesting at CDN Sportstalk (watch full video interview below article). Perez was awarded “Best Middle Blocker” in the Cebu.....»»
Cebuana volleybelle Joanneesse Perez joins UP Maroons
CEBU CITY, Philippines — Stellar Cebuana middle blocker Joanneesse Perez confidently chose the University of the Philippines (UP) Women’s Volleyball Team Fighting Maroons for her college volleyball journey without any hesitation. The 18-year-old Perez, who is the Cebu Schools Athletic Foundation Inc. (Cesafi) “Best Middle Blocker” in the girls’ volleyball tournament, recently committed to the Fighting.....»»
Airspeed: Overcoming challenges to achieve success in 2024
Airspeed: Overcoming challenges to achieve success in 2024.....»»
‘MGEN to achieve target ahead of 2030 schedule’
Meralco PowerGen Corp. (MGen), the power generation arm of power distributor Manila Electric Co., expects to achieve its 1,500-megawatt (MW) renewable energy target ahead of 2030 schedule......»»
Samar I continues road construction to augment road network
The project has a contract amount of P48.51 million and is targeted to be completed in 2031......»»
Roque: Xi, Duterte agreed to keep West Philippines Sea status quo
The Philippines under former president Rodrigo Duterte had a “gentleman’s agreement” with China to keep the status quo in the West Philippine Sea, a former Cabinet official said yesterday, as fresh tensions surround the WPS due to recent incursions by Beijing that targeted a Filipino resupply mission and a research team......»»
Avida Land brings 3D street art to South Park
Avida Land, the upper mid-income residential brand of property giant Ayala Land, has transformed South Park District, a 6.6-hectare township in Muntinlupa, into a vibrant community following the unveiling last Feb. 3 of an interactive canvas with 3D paintings......»»
Beyond the Raise: Mastering Financial Prosperity Post-Income Boost
Are you still feeling broke even if you already had a salary increase or a new stream of income? You are not alone. Feeling broke can sometimes not be just not a feeling — it can be your real situation. Feeling broke despite an increase in income can be caused by different factors, which include […].....»»
Megaworld Hits Record Financial Performance in 2023, Income up 26% to P19.4 Billion
Megaworld Corporation, the country’s premier township developer, achieved a landmark milestone in its financial performance for the year 2023 as its full-year net income surged by 26% to P19.4 billion. Its consolidated revenues, on the other hand, rose by 17% to P69.7 billion. Net income attributable to the parent company’s shareholders also jumped by 29% […].....»»
DMCI posts FY23 net income of P24.7-B (down 21%)
DMCI posted an FY23 consolidated net income of P24.7 billion, which was 21% lower than its FY22 net income of P31.2 billion......»»
Atlas Consolidated posts FY23 net income of P1.1-B (down 65%)
Atlas Consolidated, a gold and copper mining company, posted an FY23 net income of P1.1 billion, which was 65% lower from its FY22 net income of P3.2 billion......»»
Semirara FY23 net income down 30% to P27.9-B
Semirara Mining and Power posted an FY23 net income of P27.9 billion and a Q4 net income of P5.3 billion......»»
Despite low wages, Pandi-based ‘maninipit’ mothers try to augment family income
Assembling clothespins is among the many jobs women do in the occupied houses in Pandi, Bulacan. The mothers mentioned other low-income jobs like garlic peeling, rug making and notebook sewing. The post Despite low wages, Pandi-based ‘maninipit’ mothers try to augment family income appeared first on Bulatlat......»»
US State Secretary Blinken begins Middle East tour, marks his first stop in Saudi Arabia
Jeddah [Saudi Arabia], March 21 (ANI): US State Secretary Antony Blinken who began his Middle East tour arrived in Saudi Arabia on Wednesday, marking his first stop on this trip to discuss efforts to reach an "immediate ceasefire agreement" between Israel and Hamas, The New York Times reported. Blinken's visit to Jeddah came as US President Joe Biden's administration was hoping it could convince Saudi Arabia to establish.....»»
Lonelyville, USA: Three factors that make middle-aged adults in America more likely to be lonely
Middle-aged Americans are facing a loneliness epidemic compared to their European counterparts, a new report suggests. The study, published in the journal American Psychologist, analyzed.....»»