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What’s gov’t’s next move on peace talks resumption?
At the start of December 2023, I wrote in this space that “an atmosphere of optimism pervaded the nation.” It was spurred by the joint announcement by the government and the National Democratic Front of the Philippines (NDFP) of an agreement to return to peace negotiations, possibly to begin in the first quarter of 2024......»»
Positive movement in S& P 500 futures following Meta and Amazon results preceding upcoming jobs report
Title: Tech Giants Fuel Market Optimism Amidst Fears of Rate Cuts in March Date: [Insert Date] Word Count: [300-400 words] The Daily Guardian – Amidst.....»»
Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024
MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»
Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024
MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»
Increasing demand for electric vehicles
The Department of Energy (DOE) in Mindanao has observed a growing demand for electric vehicles (EVs). Engr. Adrian Mel B. Delola, a Science Research Specialist II at DOE Mindanao Field Office, discussed this trend during the Kapehan sa Dabaw on January 15, 2024. He highlighted the impact of the Electric Vehicle Industry Development Act (Evida Law), implemented on April 15, 2022, which has contributed to the increasing interest in EVs. Delola acknowledged that the current cost of EVs is a concern but expressed optimism that as demand rises, the number of charging stations will increase and the cost of units will subsequently decrease. He also addressed the presence of hybrid models in key cities in Mindanao and the challenge of limited car dealerships facilitating their distribution. Additionally, Delola touched on the use of e-trikes, classified as light EVs under RA 11697, and the regulations regarding their weight and use on national highways. The DOE is working with various agencies to address issues related to the registration and use of e-trikes. Sellers are also advising consumers on the proper use of e-trikes for private purposes and cautioning against their use on national highways......»»
Philippine economy growth may reach 6 pct to 7 pct in 2023: Marcos
MANILA, Jan. 11 (Xinhua) -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila......»»
Xinhua world news summary at 1500 GMT, Jan. 11
MANILA -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila. (Philippines-Growth-.....»»
US Reveals Second Wave of Strikes on Houthis, Braces for Reprisals
U.S. and British officials are expressing optimism a day after the two countries unleashed what is now being described as two waves of strikes against Houthi positions in Yemen, retaliation for weeks of Houthi attacks that have disrupted shipping and damaged vessels transiting the Red Sea and Gulf of Aden.A U.S. defense official told VOA Friday that the initial assessment indicates the first wave of precision st.....»»
US Reveals Second Wave of Strikes on Houthis, Braces for Reprisals
U.S. and British officials are expressing optimism a day after the two countries unleashed what is now being described as two waves of strikes against Houthi positions in Yemen, retaliation for weeks of Houthi attacks that have disrupted shipping and damaged vessels transiting the Red Sea and Gulf of Aden.A U.S. defense official told VOA Friday that the initial assessment indicates the first wave of precision st.....»»
Philippine economy growth may reach 6 pct to 7 pct in 2023: Marcos
MANILA, Jan. 11 (Xinhua) -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila......»»
Xinhua world news summary at 1500 GMT, Jan. 11
MANILA -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila. (Philippines-Growth-.....»»
BSP steps up consumer protection program
The Bangko Sentral ng Pilipinas is adopting a framework which will assess any business conduct or practices that may cause harm to financial consumers......»»
EDITORIAL - Spooked by ghosts
The Bangko Sentral ng Pilipinas has enjoyed a reputation as a stable, controversy-free institution – as it should, considering its critical role in ensuring the stability of the country’s banking and financial sector. Today, unfortunately, this stability is being rocked by the presence of ghosts – or more precisely, ghost employees – in the BSP’s highest policy-making body, the Monetary Board......»»
Keeping the price of rice reasonable and steady
The government decided to propose that the National Food Authority be given the right to import rice and to maintain a buffer stock to assure that the price of rice can be kept more stable......»»
Metro Manila pork prices hit P420/kilo – DA
The retail price of pork reached as high as P420 per kilo, based on the latest monitoring of the Department of Agriculture in Metro Manila markets, as a ranking DA official maintained that some traders are involved in overpricing as the farmgate price of pork remains stable......»»
Onion prices may drop on bumper harvest
Onion prices are expected to remain stable or to even decline as the government forecasts another record harvest of bulbs in the second quarter, bringing nationwide supply to comfortable level......»»
Cebu weather: Still hot, humid for the next five days
CEBU CITY, Philippines – As the hot and humid summer continues, residents of Metro Cebu and the rest of the province can expect stable weather in the next few days, according to the latest forecast from the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) Visayas Services Division. From Saturday, May 4, to Wednesday, May 8,.....»»
A Cebuano food delivery rider’s pursuit of respect, fair wage
CEBU CITY, Philippines – A few years back, Naohde Vasyon had a stable corporate job that allowed him to earn up to P30,000 per month. But he was enticed to quit his job and instead join a popular delivery service platform because of the “tempting benefits” that were offered to him. Vayson, 55, has been.....»»
Metrobank profit rises by 14 percent to P12 billion in Q1
Earnings of Metropolitan Bank & Trust Co. went up by 14 percent to P12.1 billion in the first quarter from P10.6 billion in the same quarter last year, largely due to the consistent growth of its lending portfolio, better operational efficiencies as well as stable asset quality......»»
A stable peso& food security
The past few weeks have been understandably dominated by the standoff between the Philippines and China in the West Philippine Sea......»»