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Race for global economic dominance sees striking turn of fortunes - ex-IMF official

The assumption that China will eventually overtake the US as the world's largest economy now seems less certain, Eswar Prasad has said The US has extended its lead over China in the race for the globe's largest economy, Bloomberg reported on Friday.    The American economy defied forecasts in outperfo.....»»

Category: newsSource:  philippinetimesRelated NewsJan 27th, 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

New toll road concession in Indonesia awaits MPTC

Metro Pacific Tollways Corp. expects to land within this month the contract for its largest project outside the Philippines, completing its entry in an expressway used by about 900,000 vehicles every day......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

ADB OKs $400,000 assistance to Philippines for offshore wind projects

The Asian Development Bank is extending $400,000 to the Philippines to support the development of offshore wind ports in the country......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Defense chief: PH didn t sign any contract with China concerning Ayungin Shoal

Defense chief: PH didn t sign any contract with China concerning Ayungin Shoal.....»»

Category: newsSource:  sunstarRelated NewsApr 28th, 2024

Engagement of government workers under contract of service, JO extended

Engagement of government workers under contract of service, JO extended.....»»

Category: newsSource:  sunstarRelated NewsApr 25th, 2024

‘Provincial board OK’d salary of Eastern Samar contract workers’

The salary of contract of service (COS) and job order (JO) employees in Eastern Samar was in accordance with the rate approved by the Sangguniang Panlalawigan based on the provincial government’s budgetary capacity, according to Gov. Ben Evardone......»»

Category: newsSource:  philstarRelated NewsApr 20th, 2024

Bacolod forms ad hoc committee to review Bredco s contract

Bacolod forms ad hoc committee to review Bredco s contract.....»»

Category: newsSource:  sunstarRelated NewsApr 19th, 2024

First Gen awards contract to Chinese firm

Lopez-led First Gen Corp. has awarded a contract to Chinese firm China National Offshore Oil Corp. to supply one liquefied natural gas cargo of approximately 130,000 cubic meters......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

Cowboys QB Dak Prescott expected to play on current contract for 2024 seaso

The Dallas Cowboys made headlines recently by restructuring quarterback Dak Prescott’s contract, converting a $5 million roster bonus into a signing bonus. This move helped.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 26th, 2024

Comelec signs P17.99B contract with Miru for automated 2025 polls

MANILA, Philippines — An almost P18-billion contract was signed on Monday between the Commission on Elections (Comelec) and the South Korean firm Miru Systems Co. Ltd. (Miru Systems) for the lease of an automated election system to be used in the 2025 midterm elections. Miru Systems was the sole bidder for the lease of a.....»»

Category: newsSource:  inquirerRelated NewsMar 12th, 2024

Korean firm agrees to terms of Comelec auto polls contract

South Korean firm Miru Systems and its partners have agreed with the Commission on Elections on the terms in the service contract for the 2025 automated election system.....»»

Category: newsSource:  philstarRelated NewsMar 9th, 2024

MVP ­­wants longer contract period for MRT-3

One of the potential bidders for the privatization of the Metro Rail Transit Line 3 wants the government to award a new concession with a service contract longer than 15 years......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Prototype

With something akin to undue haste, the Commission on Elections awarded the P18-billion automation contract to Miru Systems. This is the largest election automation contract ever awarded anywhere......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

Kerr misanong sa $35M nga contract extension

Kerr misanong sa $35M nga contract extension.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

Comelec grants P18-billion election contract to Korean-led consortium

MANILA, Philippines — The Commission on Elections (Comelec) has approved a nearly P18 billion contract to lease an automated election system for the 2025 midterm polls to a joint venture led by the controversial South Korean company Miru Systems Co. Ltd. Comelec Chair George Garcia announced the decision on Thursday, stating that the poll body unanimously.....»»

Category: sportsSource:  abscbnRelated NewsFeb 23rd, 2024

Korean firm Miru Systems bags vote counting machine contract for 2025 polls

The Commission on Elections has awarded Korean firm Miru Systems with the contract to supply the vote counting machines for the 2025 midterm elections......»»

Category: newsSource:  philstarRelated NewsFeb 22nd, 2024