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Ex-President Duterte to back ChaCha if revisions limited only to economic provisions

DAVAO CITY (MindaNews / 28 February) – Former President Rodrigo R. Duterte has changed his stance on Charter Change (ChaCha), saying he will support it for as long as the constitutional reforms will be limited to economic provisions and not to extend the term of the current President, Senators, and members of the House of […].....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 2024

Hindi tita, ate lang : Leren Bautista, Ricci Rivero dismiss age gap criticisms

Beauty queen-politician Leren Bautista and basketball player Ricci Rivero just laughed at comments about the age gap in their relationship......»»

Category: entertainmentSource:  philstarRelated NewsFeb 17th, 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

Restocking the Sold-Out Stanley Tumblers: Updates from Starbucks – The Daily Guardian

Starbucks and Stanley Create Chaos at Target Locations With Limited-Edition Quencher Collaboration In a recent collaboration between Starbucks and Stanley, a limited-edition 40-ounce pink tumbler.....»»

Category: newsSource:  thedailyguardianRelated NewsJan 14th, 2024

Double-digit growth in bank lending seen this year

The Philippine banking sector is expected to book double-digit growth in loan disbursements this year on the back of robust economic growth, according to BMI Country Risk & Industry Research......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

NEDA chief sees 2015 growth at 6% despite typhoons

By Leslie D. Venzon MANILA, Dec. 17 (PNA) — The government is optimistic about achieving its target economic growth of 6.9 percent in the fourth quarter despite the devastation wrought by typhoons,........»»

Category: newsSource:  philippinestodaRelated NewsApr 13th, 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

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

Salt Substitutes Lower Risk of High Blood Pressure by 40% – The Daily Guardian

New Study Finds Salt Substitutes Can Lower the Risk of High Blood Pressure Excessive salt consumption has long been recognized as a major risk factor.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 14th, 2024

Mayor Honey warns vs poser FB account

Manila Mayor Honey Lacuna sought the help of the media in disseminating the information that there is a poser Facebook account using her name. In a text message to members of the Manila City Hall Reporters’ Association (MACHRA), the lady mayor said: “Para po sa kaalaman ng lahat, mayroon pong kumakalat na poser Facebook account […].....»»

Category: newsSource:  journalRelated NewsFeb 4th, 2024

Tapales remains a top 5 world title contender 

CEBU CITY, Philippines — Marlon Tapales remains one of the top contenders in the 122-pound division despite losing to Japanese star Naoya “Monster” Inoue in their unification bout in Japan last December.  Nicknamed “The Nightmare”, Tapales is ranked No. 5 in both the World Boxing Association (WBA) and International Boxing Federation (IBF).  Tapales (37W-4L, 19KOs).....»»

Category: newsSource:  inquirerRelated NewsJan 11th, 2024

Increasing demand for electric vehicles

The Department of Energy (DOE) in Mindanao has observed a growing demand for electric vehicles (EVs). Engr. Adrian Mel B. Delola, a Science Research Specialist II at DOE Mindanao Field Office, discussed this trend during the Kapehan sa Dabaw on January 15, 2024. He highlighted the impact of the Electric Vehicle Industry Development Act (Evida Law), implemented on April 15, 2022, which has contributed to the increasing interest in EVs. Delola acknowledged that the current cost of EVs is a concern but expressed optimism that as demand rises, the number of charging stations will increase and the cost of units will subsequently decrease. He also addressed the presence of hybrid models in key cities in Mindanao and the challenge of limited car dealerships facilitating their distribution. Additionally, Delola touched on the use of e-trikes, classified as light EVs under RA 11697, and the regulations regarding their weight and use on national highways. The DOE is working with various agencies to address issues related to the registration and use of e-trikes. Sellers are also advising consumers on the proper use of e-trikes for private purposes and cautioning against their use on national highways......»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024

Traders, middlemen blamed for soaring commodity prices

The soaring prices of basic commodities in the market despite the wide gap in farmgate and retail prices are brought by as much as 200 percent profit of middlemen and traders, according to administration lawmakers......»»

Category: newsSource:  philstarRelated NewsMay 3rd, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Xinhua world economic news summary at 0900 GMT, April 1

MANILA -- The Philippine government's budget deficit increased to 164.7 billion pesos (2.93 billion U.S. dollars) in February, the country's Bureau of the Treasury said Monday. "The wider budget gap stemmed from the 22.14 percent year-over-year increase in expenditures, matched with moderate revenue growth of 5.73 percent," the bureau said. With the February turnout, the bureau said the year-to-date fiscal balan.....»»

Category: sportsSource:  abscbnRelated NewsApr 1st, 2024

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 […].....»»

Category: newsSource:  metrocebuRelated NewsJan 17th, 2024

PSE stays hopeful on targets despite market slowdown

The Philippine Stock Exchange Inc. (PSE) remains optimistic on its target amount of capital to be raised in the bourse this year as well as the number of initial public offerings (IPO) despite recent market slowdown......»»

Category: financeSource:  philstarRelated NewsApr 21st, 2024

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 […].....»»

Category: newsSource:  metrocebuRelated NewsApr 2nd, 2024

SM conglomerate optimistic on growth prospects for 2024

Conglomerate SM Investments Corp. of the Sy family is cautiously optimistic for 2024, but remains committed to stay on growth mode after solid contributions from its core businesses and higher earnings contribution from portfolio investments, which lifted earnings by a quarter to P77 billion in 2023......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

British chamber remains optimistic on UK-Philippines trade growth

With the total trade in goods and services reaching an all-time high of £3.0 billion, BCCP Executive Director/Trustee Chris Nelson expressed optimism on the positive growth trajectory of the UK and the Philippines’ bilateral trade......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024