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Philippines lodges strong protest with China over water cannon attack in disputed South China Sea

Manila [Philippines], March 25 (ANI): In the wake of accusation by the Philippines that the Chinese Coast Guard wounded three of its soldiers during a water cannon attack in the disputed South China Sea, Manila on Monday summoned Beijing's envoy to lodge its strong protest, Al Jazeera reported. The Philippines Department of Foreign Affairs, in a statement said that Manila conveyed its "strong protest against the aggressiv.....»»

Category: newsSource:  inquirerRelated NewsMar 25th, 2024

Araneta’s win crucial to Cebu’s boxing scene

CEBU CITY, Philippines— Omega Sports Promotions’ top honcho, Pio Paulo Castillo, sees Christian ‘The Bomb’ Araneta’s world title eliminator win as crucial to the future of Cebu’s boxing scene. During an interview during Aranet’s final sparring session at the Omega Boxing Gym in Mandaue City, Castillo said that Araneta’s victory could potentially pave the way.....»»

Category: newsSource:  inquirerRelated NewsJan 16th, 2024

DM Wenceslao posts strong 2023 results

Integrated property developer D.M.Wenceslao and Associates Inc. expects sustained growth this year after capping off 2023 with strong financial performance......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

GSIS income rises to P37 billion in January-March

The Government Service Insurance System saw its net income jump by 20 percent to hit P37 billion during the first quarter on the back of strong revenues from financial assets and investments......»»

Category: financeSource:  philstarRelated NewsApr 25th, 2024

Megawide returns to profit in 2023

Megawide Construction Corp. swung to profitability in 2023 on the back of strong revenues from its construction business......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

SM Investments FY23 net income up 25% to P77-B

SM Investments teased its FY23 results with a headline 25% improvement in its net income to P77.0 billion, backed by an 11% increase in consolidated revenues and strong performances across its portfolio, particularly in the banking and property development segments......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

GSIS income surges to P113 billion in 2023

The earnings of state-run Government Service Insurance System jumped by 70 percent to P113.3 billion in 2023 from P66.4 billion in 2022 on the back of strong revenues from financial assets and investments......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

NEDA Optimistic on Economic Growth in the PH for 2024

National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan expressed optimism about the country’s economic growth for 2024. According to Balicasan, major development organizations like the IMF, ADB, and the World Bank expect the country to have an economic growth rate of at least 6%. The IMF projects a growth rate of 6.2%, the ADB […].....»»

Category: newsSource:  metrocebuRelated NewsApr 24th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

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.....»»

Category: newsSource:  philippinetimesRelated NewsJan 27th, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsJan 26th, 2024

Double-digit growth in bank lending seen this year

The Philippine banking sector is expected to book double-digit growth in loan disbursements this year on the back of robust economic growth, according to BMI Country Risk & Industry Research......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

Cebu Daily Newscast: No classes in Cebu province due to extreme heat

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Friday, April 5.   No classes in Cebu province due to extreme heat All classes in Cebu province are suspended beginning Friday, April 5, until further notice as the summer heat became risky for.....»»

Category: newsSource:  inquirerRelated NewsApr 5th, 2024

Cebu Daily Newscast: ‘Water crisis’ in Cebu City, declares Mayor Rama

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Tuesday, April 2, 2024. ‘Water crisis’ in Cebu City, declares Mayor Rama Mayor Michael Rama has declared a state of water crisis in Cebu City following the rise in the daily heat index, which.....»»

Category: newsSource:  inquirerRelated NewsApr 2nd, 2024

Cebu Daily Newscast: Woman dies in Dumanjug, Cebu house fire

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Monday, April 1, 2024. Woman dies in Dumanjug, Cebu house fire A late night fire in Dumanjug town, southwestern Cebu claimed the life of a woman on Easter Sunday, Mar. 31. Fire officials in.....»»

Category: newsSource:  inquirerRelated NewsApr 1st, 2024

Cebu Daily Newscast: 6 Cebu graduates top medical technologists licensure exam 2024

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Wednesday, March 27, 2024. 6 Cebu graduates top medical technologists licensure exam 2024 Six graduates from Cebu universities recently made it to the top 10 list of the Medical Technologists Licensure Examination for March.....»»

Category: newsSource:  inquirerRelated NewsMar 27th, 2024

Cebu’s inflation rate rose in Feb compared to January

CEBU CITY, PHILIPPINES – Cebu’s inflation rate rose slightly in February compared to lJanuary as prices have gone up in most parts of the province including the tri-cities of Cebu, Lapu-Lapu, and Mandaue. This was after the Philippine Statistics Authority (PSA) Cebu Province announced the current inflation rate of Cebu including the Highly Urbanized Cities.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2024

Cebu Daily Newscast: Tomas Osmeña threatens to sue Gwen over stoppage of CBRT works

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Tomas Osmeña threatens to sue Gwen over stoppage of CBRT works On Wednesday, former Cebu City mayor Tomas Osmeña said he might sue Cebu Governor Gwendolyn Garcia about Garcia’s call to stop the ongoing construction of the Cebu Bus Rapid Transit.....»»

Category: newsSource:  inquirerRelated NewsMar 6th, 2024

Tommy Osmeña on call for stoppage of Cebu BRT civil works: ‘We have leaders acting like spoiled brats’

CEBU CITY, Philippines — Former Cebu City Mayor Tomas Osmeña lambasted several Cebu government officials following the call to halt the Cebu Bus Rapid Transit (CBRT) civil works. Osmeña called out officials, particularly City Councilor James Cuenco, the Provincial Board, and Cebu Provincial Governor Gwen Garcia. “It’s very important not to insult the funders of.....»»

Category: newsSource:  inquirerRelated NewsMar 5th, 2024

Cebu City’s Singapore-like goal is about instilling discipline and respect, city administrator says

CEBU CITY, Philippines —  Discipline and respect are what will make Cebu City a Singapore-like city. According to Cebu City Administrator and Lawyer Collin Rosell, speaking on Friday, March 1, during the “League of Lupong Tagapamayapa – Cebu City Chapter General Assembly and Board of Directors Election,” held near a pier in Cebu City, Mayor.....»»

Category: newsSource:  inquirerRelated NewsMar 3rd, 2024