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Human rights advocates seek UN support for abolition of NTF-ELCAC, anti-terror law
In a press release, the Philippine Universal Periodic Watch Review said that the delegation will be attending a session to testify on the “continuing human rights violations” under the administration of President Ferdinand Marcos Jr. .....»»
Hamas officials arrive in Cairo for Gaza truce talks, but no sign of Israel
Israel has decided to withhold its delegation to Cairo for talks aimed at securing a truce in the ongoing Gaza war, according to recent reports......»»
Marcos starts 4-day visit in Melbourne for Asean summit
MELBOURNE—President Ferdinand Marcos Jr. arrived in Australia at 7:15 p.m. (4:15 p.m. Manila time) on Sunday to start the four-day second part of his visit. He, along with the first lady Liza Araneta-Marcos and their official delegation, landed at Melbourne Airport aboard a chartered Philippine Airlines flight PR 001. He will be in Melbourne from.....»»
EU-Philippines Partnership Conference puts spotlight on digitalization
The International Trade Centre, in collaboration with the Department of Trade and Industry and the European Union delegation to the Philippines, recently held the EU-Philippines Partnership Conference as part of the DTI’s prestigious Philippines National Exporters’ Week......»»
14-year-old skier Laetaz Rabe carries PH flag for 2024 Winter Youth Olympics
Laetaz Amihan Rabe, a 14-year-old Filipina skier based in Switzerland, earns flag-bearing honors for the three-member Philippine delegation in the upcoming Winter Youth Olympics in Gangwon, South Korea.....»»
Pope Francis meets Vietnam political delegation, wants to visit the country
The Vatican's foreign minister, says '... I think the Holy Father is keen to go and certainly the Catholic community in Vietnam is very happy to want the Holy Father to go. I think it (a papal trip) would send a very good message to the region'.....»»
Philippines GDP expands by 5.7 pct in Q1
MANILA, May 9 (Xinhua) -- The Philippines' gross domestic product (GDP) expanded 5.7 percent year-on-year in the first quarter of 2024, the Philippine Statistics Authority (PSA) said Thursday. The latest figure is higher than the 5.5 percent growth in the fourth quarter of 2023, but lower than the 6.4 percent expansion posted in the first quarter of 2023. PSA head Dennis Mapa told a press conference that.....»»
GAB lowers boom on timekeeper
Games and Amusements Board chairman Atty. Richard Clarin disclosed yesterday that Cebu ringside official Jordan Dopalco’s license has been revoked after an investigation confirmed he was “administratively liable for gross negligence and conduct unbecoming of a professional timekeeper” during the WBO Oriental flyweight title bout between Ramil Macado and Lorenz Dumam-ag at the Mandaue Cultural and Sports Complex last May 1.....»»
‘Climate change inaction cost to reach P1.4 trillion by 2030’
The cost of inaction against climate change could reach P1.4 trillion by 2030, or about eight percent of the 2020 gross domestic product, the Department of Environment and Natural Resources said yesterd.....»»
Lahug resident asks OP to probe Cortes, 4 others for ‘land grabbing’
LAPU-LAPU CITY, Cebu – A resident of Brgy. Lahug in Cebu City has asked the Office of the President (OP) to investigate Mandaue City Mayor Jonas Cortes and four city councilors for oppression, gross misconduct, and grave abuse of authority. Maria Priscilla Melendres’ complaint stemmed from the city’s claim of ownership of a property in.....»»
Banks’ bad loans rise in February
The soured loans of Philippine banks picked up for the 14th straight month in February, bringing the gross non-performing loan ratio to a steady 3.44 percent, amid high interest rates......»»
DigiPlus hopes to grow user base by 25% to 50% in FY24
DigiPlus President Andy Tsui guided that PLUS hopes to capture 50% of the P60 billion in gross gaming revenue growth that PAGCOR expects for FY24, and that it is looking to increase its active user base by 25% to 50% to achieve this goal......»»
S& P: Philippines may miss growth goal this year
S&P Global Ratings sees the Philippines again missing its growth targets this year as it kept its gross domestic product growth forecast at 5.9 percent. While the projection is better compared to other economies in the region, it is again below the government’s 6.5 to 7.5 percent growth target......»»
Upson income drops despite record revenue
Listed IT products retailer Upson International Corp. posted record high revenue in 2023 but lower gross margin and higher expenses dragged down profit for the year......»»
ADB approves USD 100 mln loan to support small and medium-sized enterprises in Sri Lanka
Manila [Philippines], March 19 (ANI): The Asian Development Bank (ADB) has approved a USD 100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change. SMEs play a critical role in Sri Lanka's economy, contributing 52 per cent to the country's gross domestic product and employ 45 per c.....»»
BSP prodded to build up forex reserves
The Bangko Sentral ng Pilipinas should continue rebuilding its gross international reserves amid the wide current account deficit and heavy reliance on debt funding, according to Bank of America Global Research......»»
Small businesses may make up 60% of Philippines GDP – Visa
Small businesses in the Philippines may produce as much as 60 percent of the country’s gross domestic product (GDP) if financial institutions and the government could help the sector grow in the coming years, according to global digital payments platform Visa......»»
Vietnam s GDP to reach nearly 470 bln USD in 2024: IMF
HANOI, March 14 (Xinhua) -- Vietnam's gross domestic product (GDP) is forecast to reach about 469.7 billion U.S. dollars by the end of 2024, ranking the fifth in Southeast Asia, Vietnam News reported Thursday, citing the International Monetary Fund (IMF). Indonesia, Thailand, Singapore and the Philippines have taken the leading positions in the forecast. According to IMF, Vietnam's GDP was estimated to ha.....»»
Unilever bullish on Philippine growth prospects
Unilever Philippines is optimistic of sustaining robust growth this year as it aims to grow its business faster than the country’s gross domestic product......»»
Senior citizen commission executive suspended for neglect of duty
A National Senior Citizens Commission official has been suspended for three months following allegations of gross neglect of duty, among other offenses......»»