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Acciona expands presence, social impact activities

Spanish conglomerate Acciona, a global leader in sustainable infrastructure and renewable energy, is expanding its presence in the Philippines through the acquisition of an 80 percent stake in Freya Renewables, a consulting firm for renewable development......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

Philippines manufacturing output declines in March

MANILA, May 8 (Xinhua) -- Manufacturing production in the Philippines recorded a decline in March, reversing its growth momentum in the past months, the Philippine Statistics Authority (PSA) said Wednesday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) decreased by 1.7 percent and 0.8 percent in March.....»»

Category: newsSource:  manilanewsRelated NewsMay 10th, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsMay 10th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Philippine economy expands 5.7% in Q1

MANILA — The Philippine economy expanded by 5.7 percent in the first quarter of the year, up from 5.5 percent in the previous quarter, according to the Philippine Statistics Authority (PSA). However, this growth was below the government’s target and slower than the 6.4 percent growth recorded in the same period last year. The Marcos administration.....»»

Category: newsSource:  inquirerRelated NewsMay 9th, 2024

DA slashes palay output target to 20.4 million tons

The Department of Agriculture slashed its palay production target for the year to 20.4 million metric tons after taking into consideration the impact of El Niño on domestic farms......»»

Category: newsSource:  philstarRelated NewsMay 9th, 2024

Enlight Migration Consultancy expands presence in Bohol

Enlight Migration Consultancy commemorates a new breakthrough with the opening of its first satellite office located at Miguel Parras St., Poblacion 2, Tagbilaran City in Bohol, in service from 9AM to 6PM on weekdays and 8AM to 12NN every Sunday. The trusted Philippine-based visa consultancy firm specializes in processing visas for students aspiring to study.....»»

Category: newsSource:  inquirerRelated NewsMay 3rd, 2024

Factory activity expands at fastest pace in 5 months

The country’s manufacturing sector in April expanded at the fastest pace in five months, supported by strong demand......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

Born to bloom : Company behind Kojie.san expands to include pet products, e-commerce site

Beauty Elements Ventures Inc. (BEVI), makers of the best-selling brand Kojie.san, recently held a spectacular “coming of age” celebration in the Grand Ballroom of Marriott Manila Hotel. .....»»

Category: newsSource:  philstarRelated NewsApr 30th, 2024

Philippines digital economy expands by 7.7 percent in 2023

The value of the Philippine digital sector went up by 7.7 percent to P2.05 trillion in 2023 from P1.9 trillion in 2022, according to the Philippine Statistics Authority......»»

Category: newsSource:  philstarRelated NewsApr 25th, 2024

Higher output lifts Atlas Mining profit

The improved production of copper and gold more than doubled the bottomline of Atlas Consolidated Mining and Development Corp. to P563 million in the first quarter......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

Federal Lnd expands footprint with 48-ha township in Laguna

Ty-owned Federal Land Inc. is expanding further its footprint outside Metro Manila with the development of a 48-hectare masterplanned neighborhood township in Laguna called Meadowcrest......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

Didipio mine on track to hit output target

Didipio gold mine is on track to hit its 2024 production guidance after producing over 26,000 ounces of gold and 3,000 metric ounces of copper in the first quarter, OceanaGold Corp. said......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

Ayala Land unit expands Pampanga housing project

Amaia Land, the affordable housing arm of property giant Ayala Land Inc., has expanded its community in San Fernando, Pampanga as demand continues to grow......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

Alerts raised on Visayas, Luzon grids due to power woes

MANILA, Philippines — The Visayas grid was placed on yellow alert while the Luzon grid on red alert by the National Grid Corp. of the Philippines (NGCP) on Tuesday, April 16. This was after 42 power plants either stopped supplying electricity or reduced their output. When power supply is insufficient to meet consumer demand then.....»»

Category: newsSource:  inquirerRelated NewsApr 17th, 2024

VMC net income tumbles on low sugar prices

Low sugar prices and output dragged the earnings of listed sugar miller Victorias Milling Co. Inc. by more than a third in the first half of its current crop year......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

Philippines financial sector expands by 8 percent in February

The total resources of banks and non-bank financial institutions rose by 7.9 percent to P30.87 trillion as of end-February from P28.58 trillion in the same period a year ago, based on preliminary data from the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

Tobacco output seen surpassing 42 million kg this year

The country’s tobacco production this year could expand to a three-year high of over 42 million kilograms on the back of higher demand and better prices, the National Tobacco Administration (NTA) said......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

Philippines manufacturing output sustains growth in February

MANILA, April 12 (Xinhua) -- The performance of manufacturing production in the Philippines sustained its growth in February, the Philippine Statistics Authority (PSA) said Friday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) increased 7.5 percent and 8.9 percent in February, respectively. The.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

Manila Water ramps up deep well output

Razon-led Manila Water Co. Inc. is planning to boost its deep well production to around 80 million liters per day (MLD) before the government implements the reduced water allocation for Metro Manila in the coming weeks......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024