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Philippines FDI net inflows grow by 27.8 pct in November
MANILA, Feb. 12 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 27.8 percent in November 2023 to reach 1 billion U.S. dollars, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the November figure brought the country's FDI net inflows from January to November 2023 to 7.6 billion dollars, 13.3 percent lower than the 11 months in 20.....»»
Philippines total external trade drops by 5.4 pct in November
MANILA, Jan. 10 (Xinhua) -- The Philippines' total external trade in goods declined by 5.4 percent in November 2023 to 16.95 billion U.S. dollars from 17.92 billion dollars in November 2022, the Philippine Statistics Authority (PSA) said Wednesday. Of the total external trade in November 2023, 63.8 percent were imported goods, while the remaining were exported goods, the PSA said. The PSA said the balance.....»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Hot weather to prevail nationwide on Saturday — Pagasa
MANILA, Philippines — Hot weather and high humidity are expected nationwide on Saturday, according to the state weather bureau. However, isolated rain showers and thunderstorms could still occur in the afternoon and evening, according to Ana Clauren-Jorda, weather specialist of the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa). “We will continue to experience hot.....»»
Metro Cebu will have generally fair weather until weekend — Pagasa Mactan
CEBU CITY, Philippines — Metro Cebu will experience “generally fair weather” until Monday, March 4, according to a weather specialist in Mactan. Jhomer Eclarino, weather specialist of the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) in Mactan, confirmed this to CDN Digital on Thursday, February 29. Eclarino said that the temperature will range from.....»»
Fair, cool weather in Visayas on Tuesday
MANILA, Philippines — Visayas will experience fair, cool weather on Tuesday due to the effects of the northeast monsoon, also known as “amihan,” according to the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa). However, certain areas of Luzon will be dominated by cloudy skies and rain showers, as reported due to the effects of.....»»
Driving in the Rain
A motorist braves the light rains, cruising Sta. Ana Avenue in Davao City on Tuesday, 16 January 2024. According to the Philippine Atmospheric, Geophysical and Astronomical Services Administration, the bad weather over Davao Region is due to shear line and the northeast monsoon. Classes in all levels in the city were cancelled Tuesday due to the bad weather. MindaNews photo.....»»
Google’s new AI forecasts extreme weather events
Google has announced the development of artificial intelligence technology specifically dedicated to weather forecasting and the anticipation of extreme weather events. Faster and more cost-effective than current solutions, it could be able to alert people to the risk of incoming storms, floods or heatwaves. Since last year, some of the biggest names in tech have.....»»
Fair weather in Metro Cebu; El Niño to persist until May — Pagasa
CEBU CITY, Philippines — Cebuanos will continue to experience the blazing summer heat this week. According to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) station in Mactan, Metro Cebu will have a generally fair weather in the next five days. “Padayon ta’ng makasinati og init ug igang nga panahon or generally fair weather.....»»
Cebu weather: Fair and pleasant in the coming days says Pagasa
CEBU CITY, Philippines – Cebu weather will be fair and pleasant over the next five days, the state weather bureau said on Saturday, April 13. The Pagasa Visayas Regional Services Division has forecasted that the Visayas, including the whole of Cebu, will experience cloudy to partly cloudy skies with a chance of isolated rain showers.....»»
Cebu weather: Generally fair in next five days says Pagasa
CEBU CITY, Philippines – Cebu weather will be generally fair with sunny skies for the next five days, Pagasa-Mactan said on its latest updates. Engineer Al Quiblat, chief of the Philippine Atmospheric, Geophysical and Astronomical Services Administration Mactan (Pagasa-Mactan), said that Cebu will have generally fair weather with sunny skies occasionally turning partly cloudy or.....»»
Pagasa: Mostly cloudy to cloudy skies in Metro Cebu until Feb. 1
CEBU CITY, Philippines — The northeast monsoon, locally known as Amihan, continues to affect the country, according to the state weather bureau stationed in Mactan. Based on Pagasa-Mactan’s weather specialist on Sunday, Jan. 28, Metro Cebu will experience mostly cloudy to cloudy weather conditions in the next five days or until Thursday, Feb. 1. “Ang.....»»
Philippines braces for La Nina, continues to deal with El Nino
MANILA, March 26 (Xinhua) -- The Philippines will continue to implement measures to lessen the impact of the El Nino weather phenomenon, as it braces for the opposite La Nina weather pattern, Philippine Science and Technology Secretary Renato Solidum said Tuesday. Solidum said in a news conference that the Department of Science and Technology's record showed that as of Sunday, 37 provinces across the country hav.....»»
Light Rains
Pedestrians cross the street amid the light rains in Davao City on Tuesday, 16 January 2024. According to the Philippine Atmospheric, Geophysical and Astronomical Services Administration, the city is among the 10 coldest areas in the Philippines on Tuesday. Classes in all levels in Davao City were cancelled Tuesday due to the bad weather. MindaNews photo.....»»
Infrastructure spending hits lowest level in November
Government spending for infrastructure dropped to a year-low in November last year even after state agencies were ordered to catch up on their expenses to boost economic growth......»»
Remittances ease to $3 billion in November
Remittances sent home by Filipinos abroad eased to $3 billion in November 2023, reaching their lowest level in six months despite the holiday season......»»
Bank credit growth slows anew in November
The expansion of credit in the country slowed anew in November 2023 due to still elevated interest rates, the Bangko Sentral ng Pilipinas said......»»
Trade gap widens to $4.69 billion in November
The country’s trade deficit in November widened to a seven-month high as imports left negative territory, while exports continued to decline......»»
Banks’ NPL ratio eases to 3.41 percent in November
The share of soured loans to the banking sector’s total loan book slipped to 3.41 percent in November 2023 after rising to a five-month high of 3.44 percent a month earlier, according to the Bangko Sentral ng Pilipinas......»»