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Guilty Verdict in High-Profile Kazakhstan Domestic Violence and Murder Case
A Kazakh court has delivered a guilty verdict in the high-profile trial of the country's former economy minister, Kuandyk Bishimbayev. On May 13, the court found Bishimbayev guilty of the torment and murder with extreme cruelty of his partner Saltanat Nukenova and sentenced him to 24 years in a maximum-security prison. Murder with extreme cruelty carries a maximum sentence of life imprisonment, while torment carries a.....»»
‘Meralco franchise renewal good for the economy’
A key leader of the House of Representatives yesterday openly endorsed the renewal of the legislative franchise of the country’s largest private sector electric distribution utility company amid repeated notices for possible power shortages......»»
Everyone s responsibility: How Finland is raising a generation of environmental ‘experts’
Finland’s education system emphasizes the importance of sustainability from day one — literally as early as kindergarten. And thanks to recent initiatives, circular economy practices are being taught across levels and among working professionals, so that circularity is practiced in “widely different sectors in distinct and specific ways.".....»»
Anti-piracy IP code revision gains backing
A think tank is supporting the revision of the Intellectual Property Code to help crack down on piracy, noting the negative effects it causes on the country's economy and creative industry......»»
City’s economic prospects in peril
Zamboanga City is proud to have the biggest and fastest-growing economy in the entire Zamboanga Peninsula......»»
Deficit-to-GDP ratio softens to 4.5 percent in Q1
The budget deficit’s share to the overall economy softened in the first quarter and is still closing into its pre-pandemic level as the government moves to consolidate its finances......»»
PETValue Philippines Recycles 1-B PET Bottles, Seeks to Forge More Partnerships to Build on Sustainability milestone
PETValue Philippines, the country’s first bottle-to-bottle, food-grade recycling facility, celebrates a landmark achievement of 1 billion PET bottles recycled—underscoring the impact of strong collective action toward a fully circular economy. A joint venture between Coca-Cola Beverages Philippines, Inc. (CCBPI) and Indorama Ventures, a global sustainable chemical company, PETValue gives limitless life to clear PET plastic […].....»»
PETValue Philippines Recycles 1 Billion PET Bottles, Seeks to Forge More Partnerships to Build on Sustainability milestone
PETValue Philippines, the country’s first bottle-to-bottle, food-grade recycling facility, celebrates a landmark achievement of 1 billion PET bottles recycled—underscoring the impact of strong collective action toward a fully circular economy. A joint venture between Coca-Cola Beverages Philippines, Inc. (CCBPI) and Indorama Ventures, a global sustainable chemical company, PETValue gives limitless life to clear PET plastic […].....»»
Economy expands at faster clip of 5.7%
The Philippine economy expanded at a faster pace of 5.7 percent in the first quarter from 5.5 percent in the fourth quarter of 2023, helping the country retain its position as a leading force among emerging economies in Asia......»»
Debt-to-GDP ratio remains above int’l threshold at 60.2%
The country’s outstanding debt as a share to the overall economy slightly eased in the first quarter, but remained above the internationally accepted threshold, with the government urged to be on a serious lookout for more revenue sources......»»
Global Dominion financed P6.8 billion in 2023
Global Dominion Financing Inc. (Global Dominion) booked P6.8 billion of loans in 2023. This infusion to the Philippine economy mobilized businesses and empowered families to achieve their goals. This growth indicator was highlighted during the company’s 2024 annual stockholders’ meeting, attended by its board of directors, shareholders and senior managers......»»
Philippine economy grows by 5.7% in Q1 2024
The latest economic print is slower than last year’s growth in the same period with 6.4% but higher than the fourth quarter of 2023 with 5.5%......»»
Recto sees at least 5.8 percent GDP growth in Q1
The Philippine economy may have expanded by at least 5.8 percent to as much as 6.3 percent in the first quarter as inflation remained a concern for the government......»»
Group bats for lease-free broadband connectivity for digital economy growth
A digital advocacy network said that the Philippines should lift the lease payments for the setup of internet connection, emphasizing that it will have a positive impact on Filipino web users......»»
Economic prosperity is our ultimate goal
It may have been a surprise to some people for The Economist to write a rather positive take about the Philippines and its economy as evidenced by a recent piece titled, “Without fanfare, the Philippines is getting richer,” but not to me......»»
Economy likely grew by 6.2 percent in Q1
The Philippine economy is expected to have posted a 6.2-percent growth in the first quarter supported by gains in the labor market and manufacturing, as well as government spending, according to First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P)......»»
Philippines digital economy expands by 7.7 percent in 2023
The value of the Philippine digital sector went up by 7.7 percent to P2.05 trillion in 2023 from P1.9 trillion in 2022, according to the Philippine Statistics Authority......»»
Jobstreet by SEEK Empowers Cebu Hirers and Jobseekers with ‘Better Matches’
Following the recent success of its unified job marketplace platform, Jobstreet by SEEK has extended its ‘Better Matches’ initiative to Cebu, empowering local hirers and jobseekers with transformed talent and job search experience. As the Cebu economy continues to thrive due to tourism and the growing IT-BPM industry, Jobstreet by SEEK aims to enable hirers […].....»»
Curve balls keep coming
Geopolitical curve balls keep on coming, making it harder to project how the global and our local economy will perform in the months to come......»»
Planet vs plastics: Transitioning to circular economy
Wastes pose a broad challenge that affects human health, livelihoods, the environment and prosperity......»»