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Manila Archbishop: Washing of feet maintains faithful’s connection to Jesus
In his homily at the Manila Cathedral on the evening of Maundy Thursday, Advincula stressed the importance of the washing of the feet, not merely as a hygienic act but as a sign of one's relationship with Jesus......»»
Head-first slam on Pacio unintentional, Brooks maintains
Jarred Brooks underscored that he “did not intentionally do anything” after dropping his ONE FC strawweight MMA world championship to Filipino fighter Joshua Pacio due to disqualification......»»
AREIT maintains dividend dominance
AREIT declared a Q4/23 dividend of P0.55, payable on March 20 to shareholders of record as of March 4......»»
2.4M Dabawenyos working as of Oct 2023
The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»
UK Labour’s foreign policy pitch maintains strong support for Ukraine
Labour's foreign policy chief David Lammy will reiterate Labour's desire for a new British-EU security pact.....»»
STATEMENT | Bulatlat reminds Philippine military of culpability in cyber-attacks and misinformation
Bulatlat maintains that these so-called “cyber security” efforts could mean online surveillance, distributed denial of service (DDOS) attacks, “fake news” and other forms of attacks aimed to suppress freedom of the press and of expression, as well as the people’s right to information. This issue was brought to the attention of the UN Special Rapporteur on the Promotion and Protection of the Right to Freedom of Opinion and Expression Irene Khan who will hold her official country visit next week. The post STATEMENT | Bulatlat reminds Philippine military of culpability in cyber-attacks and misinformation appeared first on Bulatlat......»»
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 […].....»»
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.....»»
Double-digit growth in bank lending seen this year
The Philippine banking sector is expected to book double-digit growth in loan disbursements this year on the back of robust economic growth, according to BMI Country Risk & Industry Research......»»
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 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......»»
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......»»
‘High level of Phl economic performance despite…’
From 2010 to the present – minus the worst year of the lockdown period of the pandemic in 2019 – Philippine economic growth performance has been consistently high, at an average of 6.4 percent......»»
Banks see higher loan demand in Q2
Philippine banks are projecting a higher loan demand from both corporate and household borrowers in the second quarter amid a rosier economic outlook and more attractive financing terms from lenders......»»
BSP keeps policy rates anew
By Joann Santiago MANILA, Dec. 17 (PNA) — Philippine monetary officials on Thursday maintained the Bangko Sentral ng Pilipinas’ (BSP) key rates after noting that inflation dynamics and risks to the outlook........»»
Business confidence improves in Q2 – BSP
Companies in the Philippines have a more bullish outlook for the second quarter and the next 12 months amid expectations of higher consumer demand, uptick in business activities as well as easing inflation......»»
Why the dollar is still strong
Despite the ongoing wars in Ukraine and Gaza, Fitch’s credit rating downgrade of the US, the lowering of the US credit rating outlook to negative by Moody’s and a growing US debt burden, the US dollar has regained its strength......»»
Why the dollar is still strong
Despite the ongoing wars in Ukraine and Gaza, Fitch’s credit rating downgrade of the US, the lowering of the US credit rating outlook to negative by Moody’s and a growing US debt burden, the US dollar has regained its strength......»»