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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

Gov t cuts growth target to 6%-7% — NEDA

In a press briefing with the members of the press on Thursday, Balisacan said that the country's economic growth target had been revised following a careful consideration of factors such as the global economic slowdown, rising oil prices and inflation trends......»»

Category: financeSource:  philstarRelated NewsApr 4th, 2024

Near-target 2023 GDP growth acceptable amidst economic challenges – Neda chief

INQUIRER/ MARIANNE BERMUDEZ MANILA, Philippines — The country’s chief socioeconomic planner, Secretary Arsenio Balisacan of the National Economic and Development Authority (Neda), said that a 2023 economic growth slightly lower than the previous year’s 7.6 percent but near the government’s 6 to 7 percent target range would be considered acceptable, given the challenges faced by the.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

Rider dies after hitting street gutter in Lapu-Lapu City

Rider dies after hitting street gutter in Lapu-Lapu City.....»»

Category: newsSource:  sunstarRelated NewsApr 15th, 2024

Cargo ship lost power and issued mayday before hitting Baltimore s bridge, governor says

Cargo ship lost power and issued mayday before hitting Baltimore s bridge, governor says.....»»

Category: newsSource:  sunstarRelated NewsMar 27th, 2024

Xinhua Asia-Pacific news summary at 1600 GMT, March 11

SEOUL -- South Korea's export fell in double digits in the first 10 days of March due to fewer business days, customs office data showed Monday. Export came to 13.54 billion U.S. dollars in the 10 days, down 13.4 percent compared to the same period of last year, according to Korea Customs Service. (South Korea-Exports) - - - - VIENTIANE -- Participants in the 30th ASEAN Economic Ministers' Retreat.....»»

Category: newsSource:  manilanewsRelated NewsMar 12th, 2024

Game developers generate $2.4 million in export sales

Game developers generated $2.42 million in export sales from the country’s first Game Development Summit organized by the Department of Trade and Industry......»»

Category: financeSource:  philstarRelated NewsMar 10th, 2024

Fuel prices rise by 50¢ per liter amid Russia export ban

MANILA, Philippines —Fuel pump prices will increase by P0.50 per liter starting Tuesday, March 5, due to Russia’s six-month export ban. However, diesel prices will decrease by P0.40 per liter and kerosene by P0.35 per liter, as reported by local oil firms. Shell and Seaoil will implement the price adjustments by 6 a.m. while CleanFuel.....»»

Category: newsSource:  inquirerRelated NewsMar 4th, 2024

Marcos confident meeting with US, Japan will not affect China’s investment to PH

Marcos confident meeting with US, Japan will not affect China’s investment to PH.....»»

Category: newsSource:  sunstarRelated NewsApr 14th, 2024

DA confident of PH’s stable fish supply in the coming months

DA confident of PH’s stable fish supply in the coming months.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

DA confident of PH’s stable fish supply in the coming months

DA confident of PH’s stable fish supply in the coming months.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

DA confident of PH’s stable fish supply in the coming months

DA confident of PH’s stable fish supply in the coming months.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

DA confident of PH’s stable fish supply in the coming months

DA confident of PH’s stable fish supply in the coming months.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 7th, 2024

Boxing trainer Domingo is confident Jerusalem will upset Shigeoka 

CEBU CITY, Philippines — Veteran boxing trainer, Michael Domingo of ZIP Sanman Boxing Team, is confident that his prized ward Melvin “Gringo” Jerusalem will make a repeat of the latter’s January 2023 world title victory in Japan. The Cebu-based Jerusalem will face the defending World Boxing Council (WBC) world minimumweight champion, Yudai Shigeoka, in Nagoya,.....»»

Category: newsSource:  inquirerRelated NewsMar 27th, 2024

US embassy ‘confident’ Quiboloy will face justice for his crimes

The United States is confident that controversial pastor Apollo Quiboloy will eventually face the charges filed against him in the US......»»

Category: newsSource:  philstarRelated NewsFeb 21st, 2024

PSC confident WADA issue resolved soon

The Philippine Sports Commission is extremely confident the brewing issue with the World Anti-Doping Agency, which has placed the country under threat of suspension from international competitions, will be resolved sooner than expected......»»

Category: sportsSource:  philstarRelated NewsFeb 21st, 2024

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.....»»

Category: newsSource:  philippinetimesRelated NewsJan 27th, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsJan 26th, 2024

Xinhua world economic news summary at 0830 GMT, Jan. 18

DAVOS, Switzerland -- Although the global economy is facing sluggish growth and numerous challenges, business leaders attending the 54th annual meeting of the World Economic Forum (WEF) remain confident over the prospects of the Chinese economy. Over recent years, China has been an important engine for the global economy. China's gross domestic product (GDP) posted a growth of 5.2 percent year-on-year in 2023, h.....»»

Category: newsSource:  manilanewsRelated NewsJan 18th, 2024

SSS Surpass 2023 Revenue Target by 9.5%

The Social Security System (SSS) said it surpassed its revenue target for 2023, the highest revenue ever recorded according to SSS Chief Executive Officer Rolando Ledesma Macasaet. In a press release, SSS said they had initially set the revenue target for last year at Php330 billion but have achieved 9.5% more or Php362.20 billion. “Our […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 21st, 2024