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Resumption of FTA talks seen to spur higher EU investments
The Philippine Economic Zone Authority expects investments from European companies to increase with the resumption of the Philippines – European Union free trade agreement negotiations......»»
Romualdez: Philippines WEF hosting to spur more foreign investments
The Department of Transportation said it needs at least P12.5 billion to build 200 more ports under the Marcos administration, underscoring the need to improve connectivity in remote islands......»»
Millennials banked on to spur HMO recovery
The Generation Y, colloquially known as the millennials, is expected to help prop up the health maintenance organization sector into recovery as health protection tops their priority list......»»
High ratings spur House to work harder – Speaker
Speaker Martin Romualdez yesterday expressed his gratitude to the Filipino people for the high trust and performance ratings he received, as shown in a recent survey conducted by the OCTA Research group......»»
ADB lends $20 million for affordable housing project
The Asian Development Bank is extending up to $20 million worth of loans to Lhoopa Inc. to bankroll its affordable housing project in the Philippines......»»
ADB lends P2.4 billion to iSON for buildup of telco towers
The Asian Development Bank is extending P2.4 billion in loans to iSON Tower Limited Inc. to bankroll the construction and operation of 800 shared telecommunication towers in the country......»»
ADB: Manufacturing benefits the most from remittances
The manufacturing sector is the biggest recipient of spending made by households receiving remittances from overseas Filipino workers, according to the Asian Development Bank......»»
NEDA Optimistic on Economic Growth in the PH for 2024
National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan expressed optimism about the country’s economic growth for 2024. According to Balicasan, major development organizations like the IMF, ADB, and the World Bank expect the country to have an economic growth rate of at least 6%. The IMF projects a growth rate of 6.2%, the ADB […].....»»
ADB cuts Philippines growth outlook to 6% in 2024
The Asian Development Bank has trimmed its growth forecast for the Philippines for this year, citing risks posed by extreme weather events that can drive up inflation and the slower growth in advanced economies......»»
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.....»»
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.....»»
Higher consumption seen to drive GDP growth faster
The Philippine economy is expected to grow at a faster pace this year with the record-high employment and lower inflation likely to support consumption spending, according to First Metro Investment Corp. (FMIC) and University of Asia and the Pacific (UA&P) Capital Markets Research......»»
EastWest Bank profit hits P6.1 billion
Gotianun-led EastWest Banking Corp. saw its net income jump by 32 percent to P6.1 billion in 2023 from P4.6 billion in 2022 on the back of double-digit growth in loan portfolio and stable funding sources......»»
RCBC income hits all-time high in 2023
Rizal Commercial Banking Corp. grew its net income by 15 percent to hit a record P12.22 billion in 2023, fueled by faster-than-industry loan and deposit growth......»»
Hoffman races to 2nd gold, Knott breaks 100 meter mark
Lauren Hoffman missed the Olympic standard but did enough to rule the women’s 400-meter hurdles of the ICTSI Philippine Athletics Championships at the PhilSports oval in Pasig yesterday......»»
IRONMAN 70.3 Lapu-Lapu tossup among top pros
The IRONMAN 70.3 Lapu-Lapu kicks off today at the Mactan Newtown in Cebu with a diverse field of over 1,400 participants, representing 55 countries and including 24 professional athletes in pursuit of glory......»»
Taal volcano near Philippine capital spews plume
MANILA, April 12 (Xinhua) -- A small volcano in a scenic lake south of Manila blew "a white steam-laden plume" 2,400 meters into the sky on Friday morning, but is "unlikely" to progress into magmatic eruption, the Philippine Institute of Volcanology and Seismology said. "A phreatic or steam-driven eruption at the Taal main crater occurred in the early morning between 5:11 a.m. and 5:24 a.m. local time based on s.....»»
Stock market today: Live updates – The Daily Guardia
Inflation Data Causes Dow Jones Drop; Tech Stocks Lead Rebound On April 10, 2024, the Dow Jones Industrial Average experienced a significant 400-point drop following.....»»
Animal bite cases surge in Mandaue City
MANDAUE CITY, Cebu — Mandaue City has recently recorded an increase in animal bite cases compared to previous weeks. From the daily 100 to 200 individuals receiving anti-rabies vaccines at the Animal Bite Treatment Center in the Mandaue City Health Office, this has increased to about 300 to 400 individuals recently. Some of them received.....»»
Gaza aid: Ships with a second round of food, supplies departed Cyprus
JERUSALEM — A three-ship convoy left a port in Cyprus on Saturday with 400 tons of food and other supplies for Gaza as concerns about hunger in the territory soar. The World Central Kitchen charity said the vessels and a barge carried enough to prepare more than 1 million meals from items like rice, pasta,.....»»