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PSC working on WADA Code
The Philippines faces the risk of being barred from competing at the Paris Olympics and the Paralympic Games and in all regional and continental meets, including the Asian Games and Southeast Asian Games and the world championships, unless the Philippine Sports Commission (PSC) complies with the World Anti-Doping Agency (WADA) Code......»»
Remolona sees 5.9 percent GDP this year
The Philippine economy is likely to grow at a faster pace this year, but it would still be below the government’s goal of six to seven percent as rate hikes continue to constrict demand, Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. said......»»
BSP sees room for further rate hike
After discounting the possibility of a rate cut in the first half of the year, the Bangko Sentral ng Pilipinas (BSP) believes there is still room to raise interest rates amid the country’s robust economic growth......»»
Finance chief floats free trade deal with Canada
Finance Secretary Ralph Recto has floated the potential of a free trade agreement with Canada as he sought more economic and investment opportunities with one of the world’s biggest economies......»»
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......»»
ASEAN+3 putting up fund to tap during emergencies, crises
The Association of Southeast Asian Nations and the neighboring economies of China, Japan and Korea (ASEAN+3) have agreed to establish a new financing facility that members can tap in times of emergency shocks and other crises......»»
Philippines contributes $3 million to ADF
The Philippines is providing $3 million (P171 million) to the Asian Development Bank fund meant to help poor and vulnerable economies in Asia-Pacific......»»
ADB urged to boost climate financing to $11.5 billion
The Asian Development Bank (ADB) needs to ramp up its climate financing to at least $11.5 billion annually as vulnerable economies continue to take the hit of the impact of worsening climate change......»»
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......»»
Tourism Secretary Frasco backs return of church panels to Cebu
Tourism Secretary Christina Frasco says that pilgrimage tourism 'hinges on destinations like Boljoon Church in attracting tourists and supporting local economies'.....»»
Sustainable Practices for Small Businesses
As news about how microplastics have been harming fish for years adds up to the environmental problems the world is now facing, there is now the need for businesses to have an urgent focus on sustainability to not do any more damage to the environment. Small businesses, often the backbone of local economies, have a […].....»»
Red Sea crisis exposing EU energy weakness - FT
Diesel prices have jumped amid fears of disruptions in supply to the bloc, according to the outlet The surge in global diesel prices to an almost three-month high amid shipping disruptions is threatening to test the resilience of EU economies, the Financial Times reported on Wednesday. The rising p.....»»
Protect our guests
Tourism is the lifeblood of emerging economies such as ours......»»
Saudi Arabia clarifies BRICS membership reports
Riyadh was officially invited to the group of emerging countries in August 2023 Saudi Arabia has yet to join the BRICS group of economies officially, the kingdom's minister of commerce, Majid Al-Kasabi, announced at the World Economic Forum in Davos on Tuesday. Saudi state broadcaster reported earlier this mont.....»»
The Future of Work: AI’s Double-Edged Sword for Global Economies
Artificial Intelligence (AI) holds promise in revolutionizing global productivity and economic growth. However, the flip side includes potential job displacement and a widening wealth gap. Without proper policies, nations may struggle to adapt to this emerging technology. The International Monetary Fund (IMF) indicates that nearly 40% of global jobs could be influenced by AI. In […].....»»
Fishermen in the Philippines still damaging marine ecosystem
Crew members pull the net with fish in tow onboard a catcher vessel in the fishing grounds in the Sulu Sea, the Philippines, April 27, 2023. /CFPFishermen in the Philippines are still overfishing the sea areas around the island country, damaging the marine ecosystem, which in turn is threatening their own survival. Conservation group Oceana said more than 75 percent of the nation's fishing g.....»»
Fishermen in the Philippines still damaging marine ecosystem
Crew members pull the net with fish in tow onboard a catcher vessel in the fishing grounds in the Sulu Sea, the Philippines, April 27, 2023. /CFPFishermen in the Philippines are still overfishing the sea areas around the island country, damaging the marine ecosystem, which in turn is threatening their own survival. Conservation group Oceana said more than 75 percent of the nation's fishing g.....»»
Daily Guardian: Asian Stocks Rise Before Key US Inflation Data
Asian shares surged on Monday following gains on Wall Street, with investors closely watching US consumer price data for clues on the Federal Reserve’s policy.....»»
Asian qualifying results for 2026 FIFA World Cup
BEIJING, March 22 (Xinhua) -- Following are Thursday's results in Asian qualifying for the 2026 FIFA World Cup in the United States, Canada and Mexico: Group A At Doha Qatar bt Kuwait 3-0 At Abha, Saudi Arabia Afghanistan tied India 0-0 Group B At Tokyo Japan bt DPR Korea 1-0 At Yangon Myanmar tied Syria 1-1 Group C At Seoul South Korea tied T.....»»
Asian Age Group Championships organizers draw praises from World Aquatics
Organizers of the recent 11th Asian Age Group Aquatics Championships at the New Clark City Aquatics Center in Capas, Tarlac drew praises for a job well done......»»