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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

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......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

EastWest Bank sees sustained profit gains

Gotianun-led East West Banking Corp. is targeting to sustain its double-digit income growth this year as it expects higher consumer loan demand, according to its top official......»»

Category: financeSource:  philstarRelated NewsMay 29th, 2024

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......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

Stocks, peso fall

The stock market plunged deeper in the red, falling back to the 6,400 level due to economic concerns, while the peso weakened to near all-time low against the dollar......»»

Category: financeSource:  philstarRelated NewsMay 29th, 2024

PBBM to distribute land titles, support services to Eastern Visayas farmers

President Ferdinand R. Marcos Jr. is set to lead the distribution of 5,438 land titles and P509.45 million worth of support services projects to farmers of Eastern Visayas region on May 20, 2024, to be held at Tacloban City Convention Center. Of the 5,438 land titles, 5,400 are electronic titles issued under the Support to […] The post PBBM to distribute land titles, support services to Eastern Visayas farmers appeared first on Bicol Peryodiko......»»

Category: newsSource:  bicolperyodikoRelated NewsMay 19th, 2024

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......»»

Category: sportsSource:  philstarRelated NewsMay 10th, 2024

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......»»

Category: sportsSource:  philstarRelated NewsApr 21st, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

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.....»»

Category: newsSource:  thedailyguardianRelated NewsApr 12th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsApr 5th, 2024

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,.....»»

Category: newsSource:  inquirerRelated NewsApr 2nd, 2024

Hoffman boosts bid for Paris Paris

Olympics hopeful Lauren Hoffman yesterday set a new national record in the women’s 400-meter hurdles with a gold medal performance in the Hurricane Collegiate Invitational in Coral Gables, Florida......»»

Category: sportsSource:  philstarRelated NewsMar 28th, 2024

Hoffman sets new Philippine hurdles record at Florida meet

Paris Olympics-hopeful Lauren Hoffman on Wednesday set a new national record in the women’s 400-meter hurdles with a gold medal performance in the Hurricane Collegiate Invitational in Coral Gables, Florida......»»

Category: sportsSource:  philstarRelated NewsMar 27th, 2024

More jabs vs pertussis, measles arriving soon — DOH

The health department said in a statement Monday that it is already distributing 64,400 pentavalent vaccines to curb the spread of pertussis, a highly contagious respiratory infection......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

3 Cebu fires on Tuesday raze over P2.4M in properties

CEBU CITY, Philippines — The 3 Cebu fires that struck Cebu on Tuesday burned over P2.4 million worth of properties and left over 400 individuals homeless. On Tuesday, March 19, 2024, firetrucks can be heard blazing through the streets of Cebu City and Talisay City as they responded to 3 separate fires. At around 11:14.....»»

Category: newsSource:  inquirerRelated NewsMar 20th, 2024

Scientists discover potential energy source in Manila Trench

Researchers from the UP Diliman College of Science Natural Institute of Geological Sciences discovered that a roughly 15,400 square kilometer area, or approximately the size of Palawan, within the Manila Trench could contain gas hydrates. .....»»

Category: newsSource:  philstarRelated NewsMar 14th, 2024

Makati slams Taguig’s closure of sports facility

The city government of Makati City yesterday criticized Taguig’s “sudden” closure of the Makati Aqua Sports Arena (MASA), which left 4,400 students affected......»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024

Manila Water distribution network stretches to 5,445 km

East zone concessionaire Manila Water Co. Inc. has further expanded its water connection network to over 5,400 kilometers, serving 7.6 million customers nationwide......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024