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PH Remains One of the Fastest Growing Economies in East Asia and Pacific, World Bank Says
The World Bank retains its positive outlook on the Philippine economy despite foreseen challenges. According to their April 2024 East Asia and Pacific Economic Update, the World Bank projects a 5.8 percent economic growth for the Philippines this year — the East Asia and Pacific region’s second fastest-growing economy. Moreover, the said update also adjusted […].....»»
Xinhua Asia-Pacific news summary at 1600 GMT, March 11
SEOUL -- South Korea's export fell in double digits in the first 10 days of March due to fewer business days, customs office data showed Monday. Export came to 13.54 billion U.S. dollars in the 10 days, down 13.4 percent compared to the same period of last year, according to Korea Customs Service. (South Korea-Exports) - - - - VIENTIANE -- Participants in the 30th ASEAN Economic Ministers' Retreat.....»»
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'.....»»
E-notice provision, other amendments to SARFAESI, DRTA in pipeline to streamline debt recovery
By Vishu AdhanaNew Delhi [India], March 19 (ANI): The Ministry of Finance has constituted a committee to determine further amendments to the SARFAESI and DRT Acts, including providing legal cover to e-notice for expeditious debt recovery, sources in the ministry said. The committee held several meetings and discussions are in the "advanced stage," sources told ANI. Last month, the finance ministry held extensive discussio.....»»
Pacific Language Weeks celebrate regional unity
This year's Pacific Language Weeks celebrate regional unity and the contribution of Pacific communities to New Zealand culture, says Minister for Pacific Peoples Dr Shane Reti. Dr Reti announced dates for the 2024 Pacific Language Weeks during a visit to the Pasifika festival in Auckland today and says there's so much to acknowledge. "After being immersed in the l.....»»
Game developers generate $2.4 million in export sales
Game developers generated $2.42 million in export sales from the country’s first Game Development Summit organized by the Department of Trade and Industry......»»
Fuel prices rise by 50¢ per liter amid Russia export ban
MANILA, Philippines —Fuel pump prices will increase by P0.50 per liter starting Tuesday, March 5, due to Russia’s six-month export ban. However, diesel prices will decrease by P0.40 per liter and kerosene by P0.35 per liter, as reported by local oil firms. Shell and Seaoil will implement the price adjustments by 6 a.m. while CleanFuel.....»»
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......»»
PH Economy Remains Optimistic Amid Global Slowdown
The country is one of the fastest growing economies in East Asia and the Pacific according to the World Bank, foreseeing robust growth despite global economic slowdown. In the latest World Bank Global Economic Outlook report released on Tuesday, the Philippines is expected to maintain its economic growth rate in 2024 at 5.8%, slightly higher […].....»»
MVP Group dominates 20th Philippine Quill Awards
It was a triumphant night for the MVP Group of Companies, encompassing leading entities such as Light Rail Manila Corp., Manila Electric Co., Maynilad Water Services Inc., PLDT, Smart Communications Inc., Makati Medical Center, Maya, Metro Pacific Dumaguete Water Services Inc., Metro Pacific Tollways South Management Corp., Metro Pacific Investments Corp., Meralco – One Meralco Foundation and Metro Pacific Investments Foundation, as its member companies secured a staggering total of 87 awards at the 20th Philippine Quill Awards, organized by the International Association of Business Communicators......»»
PLDT Global taps NGA 911’s emergency response system
PLDT Global Corp., the international unit of the local telco giant, is enabling US-based technology solutions provider Next Generation Advanced 911 (NGA 911) to help boost emergency response systems in the Philippines with advanced technology, delivered through the nationwide PLDT network infrastructure......»»
Aboitiz-led Apo Agua supplies water to DCWD employing advanced technology
Aboitiz-led Apo Agua supplies water to DCWD employing advanced technology.....»»
Team Secret ready for VCT Pacific Kickoff
Fresh from winning the Asia Pacific Predator League last January 14, the lone Filipino team in the Valorant Champions Tour (VCT) Pacific, Team Secret, is ready to go head to head with the region’s top squads in the league’s second year......»»
DSWD-Davao to aid disaster victims in recovery, rehab amid regionwide ECT payouts
THE Department of Social Welfare and Development-Davao Region (DSWD-Davao) reaffirmed its commitment to aid all victims of recent disasters in the Davao Region on their journey towards recovery and rehabilitation......»»
Village chief rewardscouple for missing girl recovery
Village chief rewardscouple for missing girl recovery.....»»
D& L sees earnings recovery this year
D&L Industries Inc. expects a recovery in profitability this year after earnings in 2023 fell due to higher interest and depreciation expenses associated with the Batangas plant coupled with the lingering effects of high inflation......»»
Military operation in Iloilo results in recovery of bodies, capture of CNT members
Military operation in Iloilo results in recovery of bodies, capture of CNT members.....»»
Millennials banked on to spur HMO recovery
The Generation Y, colloquially known as the millennials, is expected to help prop up the health maintenance organization sector into recovery as health protection tops their priority list......»»
President Marcos sends best wishes for King Charles’ recovery
President Marcos has joined calls for prayer for the speedy recovery of King Charles, who was recently diagnosed with cancer......»»
Minister for Emergency Management and Recovery
Flood resilience across the Wairarapa will be increased thanks to the Government's commitment of more than $8 million across five projects."Today, I am visiting the Wairarapa as part of the Government's 100-day plan to meet with community representatives affected by the 2023 severe weather events to understand what can be done to speed up and simplify recovery efforts," Emergency Management an.....»»