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Xinhua world economic news summary at 0900 GMT, Jan. 19
MANILA -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency deposits with the BSP.....»»
Seasoned stars Murray, Wawrinka make early Australia Open exits
Andy Murray, 36, and Stan Wawrinka, 38, end their respective Australian Open campaigns in the opening round.....»»
Pinoy Aquaman to conquer Capiz open sea on Sunday
CEBU CITY, Philippines — “Pinoy Aquaman” Ingemar Macarine is ready for his grueling 10-kilometer open water swim in Roxas City, Capiz on Sunday, March 16. If successful, Macarine will further stretch his record to 38 open water swims in and outside the Philippines, which no other Filipino has ever done historically. ALSO READ: Macarine eyes.....»»
Open ocean salmon farm a win for the economy
The final approval of New Zealand King Salmon's Blue Endeavour open ocean aquaculture project is a significant step for New Zealand's aquaculture, and a win for the economy, Oceans and Fisheries Minister Shane Jones says. "Blue Endeavour will be the first open ocean aquaculture salmon farm in New Zealand. It's going to provide more jobs for the Marlborough region and benefit our economy b.....»»
IM Young makikipag tagisan ng talino sa 21st BCC Open 2024 sa Thailand
MAYNILA – Makikipag tagisan ng talino si Filipino International Master Angelo Abundo Young sa pagtulak ng 21st BCC (Bangkok Chess Club) Open 2024 na naka-iskedyul mula Abril 13 hanggang 21. Ang kompetisyon, na gaganapin sa conference center ng Sheraton Hua Hin Resort & Spa sa Phetchaburi, Thailand, ay nagtatampok ng Open at Challenger divisions. “I ….....»»
Australian Open: Osaka out, Gauff, Medvedev in for next round
Two-time Australian Open champion Naomi Osaka’s Grand Slam comeback ended at the first hurdle on Monday but US Open winner Coco Gauff and men’s third seed Daniil Medvedev surged on in Melbourne. On a baking-hot day, men’s seventh seed Stefanos Tsitsipas and women’s sixth seed Ons Jabeur also tasted first-round victory. But Wimbledon champion Marketa.....»»
DepEd open to early return to June-March academic year
Acceding to a clamor for an immediate return to the old school calendar due to extreme heat, the Department of Education yesterday said it has suggested to President Marcos to end the coming school year 2024-2025 in March 2025 and start the succeeding school year by June......»»
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......»»
Factory gate prices rise faster in December
Producer prices went up at a slightly faster pace in December from the previous month, driven largely by the manufacture of computer and electronic products......»»
Pimentel: Jackpot in 5 lotto games bagged since December 2023 unbelievable
Pimentel: Jackpot in 5 lotto games bagged since December 2023 unbelievable.....»»
NCR retail price growth steady in December – PSA
Retail prices of goods in Metro Ma- nila snapped a three-month downtrend as it maintained its pace of growth in December from the previous month, according to the Philippine Statistics Authority......»»
Rice stocks down 25 percent in December – PSA
The country’s rice inventory posted a 25.2 percent decline in December, according to data from the Philippine Statistics Authority......»»
US CPI for December slightly hotter than expected
The data for the US Consumer Price Index in December showed that prices increased 3.4% y/y, which was higher than the November CPI result (3.1% y/y) and (more importantly) higher than the consensus expectations in the market of a 3.2% y/y increase......»»
From the Newsrooms, December 4 to 9
From the Newsrooms, December 4 to 9.....»»
2 Basilan warring clans end 7-year-old dispute
2 Basilan warring clans end 7-year-old dispute.....»»
DepEd’s gradual shift to old school calendar gets support
CEBU CITY, Philippines — The Department of Education (DepEd) recently announced the gradual shift to the old school calendar. The current school year, 2023-2024, will end on May 31, 2024. Meanwhile, the start of the school year 2024-2025 will be July 29, 2024 and will end on May 16, 2025, according to Department Order No......»»
PH set to open Helsinki embassy this year
The Philippines is set to open an embassy in Helsinki, Finland later this year, aiming to enhance trade and relations between the two nations, a Finnish diplomat who recently visited the Philippines said. During his two-day visit on April 11 and April 12, Jarno Syrjälä, Finland’s Undersecretary of State for International Trade, discussed areas of.....»»
Thai cement maker to open Philippines plant this year
Thai fiber cement maker Shera Public Co. Ltd. is pouring in P2 billion for its plant in Pampanga, which is expected to open this year......»»
BSP issues guidelines for payment systems
The Bangko Sentral ng Pilipinas (BSP) has released its first Manual of Regulations for Payment Systems (MORPS), a formal compilation of all payment system regulations approved by the Monetary Board as of end-December 2023......»»
Caparino rules inaugural Cebu Chess Hub’s open chess tourney
CEBU CITY, Philippines—- Junior woodpusher Diego Abraham Caparino emerged as the champion in the inaugural Cebu Chess Hub Open Chess Tournament last Sunday, February 25, at the Gmall of Cebu. The 16-year-old Caparino, a varsity player of the University of Cebu (UC) Webmasters, finished his campaign with 6.0 points. Caparino, who started as the 29th.....»»