AllDay Supermarket earns 22% more in 2023
Strong revenues boosted earnings of Villar-led mid-premium supermarket chain AllDay Supermarket to rise by 22.4 percent to P369 million in 2023......»»
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Foreign borrowings rise to $14.5 billion in 2023
Foreign borrowings approved by the Bangko Sentral ng Pilipinas jumped by more than 40 percent in 2023 after declining for two straight years, as the national government borrowed more from offshore creditors primarily to bankroll key infrastructure projects......»»
Study says since 1979 climate change has made heat waves last longer, spike hotter, hurt more people
Climate change is making giant heat waves crawl slower across the globe and they are baking more people for a longer time with higher temperatures over larger areas, a new study finds. Since 1979, global heat waves are moving 20% more slowly — meaning more people stay hot longer — and they are happening 67%.....»»
Empowering stories: Highlights from the 2023 SineMaya Community Film Festival in Philippine Microfinance
The Sinemaya 2023: Community Film Festival recently concluded its second edition at SM City San Pablo in Laguna on December 10, 2023, marking a significant milestone in the Philippine microfinance industry......»»
CARD MRI celebrates entrepreneurs in the PsMLNI 2023
CARD Mutually Reinforcing Institution (CARD MRI) recognized the outstanding microentrepreneurs at the "Pagkilala sa Mga Likha ni Inay Awards 2023" held in San Pablo City, Laguna on December 6, 2023......»»
Eastern Visayas posts 5.1 percent unemployment rate in July 2023
Eastern Visayas’ unemployment rate peaked at 5.1 percent in July 2023, higher by 0.9 percentage point than the 4.2 percent unemployment rate in April 2023......»»
CVIRAA 2024: Cebu City Niños surpasses 2023 gold medal haul to remain overall champs
CEBU CITY, Philippines —The Cebu City Niños delivered a dominant performance throughout the week-long Central Visayas Regional Athletic Association (CVIRAA), surpassing their 2023 gold medal tally as the event concluded on Thursday, May 9. The Niños amassed a total of 118 gold medals, exceeding the 110 gold medals they earned in the CVIRAA 2023 held.....»»
People’s Pushback in 2023
The year 2023 affirmed the significance of enjoining the people to voice out their demands and aspirations while battling the social evils that continue to plague the nation. The post People’s Pushback in 2023 appeared first on Bulatlat......»»
Retirement Benefit Remains the Most Availed SSS benefit reaching P156.7 B in 2023
The Social Security System (SSS) said it released P156.7 billion in retirement benefits to 2.2 million members in 2023 making it the most availed SSS benefit last year. SSS Vice President for Benefits Administration Division Joy A. Villacorta said that of the 4.7 million benefits disbursed to pensioners, members, and their beneficiaries in 2023, nearly […].....»»
Philippines FDI net inflows decline 6.6 pct in 2023
MANILA, March 11 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 6.6 percent in 2023, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the FDI net inflows reached 826 million U.S. dollars last December, bringing the yearly total amount to 8.9 billion dollars in 2023, compared to 9.5 billion dollars in net inflows recorded in.....»»
Philippines FDI net inflows decline 6.6 pct in 2023
MANILA, March 11 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 6.6 percent in 2023, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the FDI net inflows reached 826 million U.S. dollars last December, bringing the yearly total amount to 8.9 billion dollars in 2023, compared to 9.5 billion dollars in net inflows recorded in.....»»
308 mln USD stolen in investment, romance scams in 2023 in Japan
TOKYO, March 7 (Xinhua) -- The amount of money stolen in investment scams perpetrated via social media and in online romance scams in Japan totaled 45.52 billion yen (about 308 million U.S. dollars) in 2023, police data showed on Thursday. In 2023, damages from investment frauds using Facebook, Instagram and other social media means amounted to 27.79 billion yen in 2,271 cases reported to police, while damages f.....»»
SSS net income soars to all-time high of P83B in 2023
MANILA, Philippines —The Social Security System (SSS) posted a net income of P83.13 billion in 2023, exceeding by 62.8 percent its target of P51.06 billion for the year and the highest attained so far by the state pension fund. Based on its unaudited financial statement, the SSS said the 2023 bottom line market a big jump.....»»
Cebu Daily Newscast: Remittances soar to P33.5 billion in 2023 – BSP
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Friday, February 16. Remittances soar to P33.5 billion in 2023 – BSP Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso......»»
Over 59,000 Indians acquired US citizenship in 2023, making up 6.7 pc of total new citizens: Report
Washington, DC [US], February 12 (ANI): Over 59,000 Indians were enlisted as bona fide US citizens in 2023, helping the country secure the second slot for the top source country for new citizens in America after Mexico, the annual progress report for 2023, released recently by the US Citizenship and Immigration Services (USCIS) stated. According to the official report, nearly 8.7 lakh foreign nationals became US citizens.....»»
Over 59,000 Indians acquired US citizenship in 2023, making up 6.7 pc of total new citizens: Report
Washington, DC [US], February 12 (ANI): Over 59,000 Indians were enlisted as bona fide US citizens in 2023, helping the country secure the second slot for the top source country for new citizens in America after Mexico, the annual progress report for 2023, released recently by the US Citizenship and Immigration Services (USCIS) stated. According to the official report, nearly 8.7 lakh foreign nationals became US citizens.....»»
Philippines jobless rate drops to decades-low in December 2023
MANILA, Feb. 7 (Xinhua) -- The unemployment rate in the Philippines decreased to 3.1 percent in December 2023, the lowest since 2005, the Philippine Statistics Authority (PSA) said on Wednesday. "The full-year unemployment rate for 2023 was 4.3 percent compared to 5.4 percent in 2022," PSA head Dennis Mapa said at a press conference. Mapa said about 1.60 million were jobless in December last year. "This w.....»»
Unemployed Filipinos down to 1.6 million in December 2023 — PSA
National Statistician and PSA chief Claire Dennis Mapa reported that the number of unemployed persons ages 15 and above declined to 1.6 million in December 2023, down from 1.83 million in November 2023......»»
Philippines GDP growth slows to 5.6 pct in 2023
© Provided by Xinhua MANILA, Feb. 1 (Xinhua) -- The Philippine economy grew by 5.6 percent in 2023 after expanding by 5.6 percent in the fourth quarter, below the 6 to 7 percent target range for 2023 set by the government, the Philippine Statistics Authority.....»»
Philippines GDP growth slows to 5.6 pct in 2023
© Provided by Xinhua MANILA, Feb. 1 (Xinhua) -- The Philippine economy grew by 5.6 percent in 2023 after expanding by 5.6 percent in the fourth quarter, below the 6 to 7 percent target range for 2023 set by the government, the Philippine Statistics Authority.....»»
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......»»