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Vietnam s GDP to reach nearly 470 bln USD in 2024: IMF
HANOI, March 14 (Xinhua) -- Vietnam's gross domestic product (GDP) is forecast to reach about 469.7 billion U.S. dollars by the end of 2024, ranking the fifth in Southeast Asia, Vietnam News reported Thursday, citing the International Monetary Fund (IMF). Indonesia, Thailand, Singapore and the Philippines have taken the leading positions in the forecast. According to IMF, Vietnam's GDP was estimated to ha.....»»
Pantabangan Dam may hit critical level by end-April
The water level in Pantabangan Dam in Nueva Ecija may reach critical level by the end of April, affecting irrigation supply, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration......»»
Internal revenue stamps for vape products mandatory by June
Bureau of Internal Revenue Commissioner Romeo Lumagui Jr. reminded the public that internal revenue stamps will be mandatory for all imported and locally manufactured vape products in the market by June 1, 2024, as stated in Revenue Memorandum Circular 59-2024......»»
Philippine IP body warns of revenue loss due to online piracy
The Intellectual Property Office of the Philippines (IPOPHL) on Tuesday said online piracy has been causing revenue losses for the country, and that it would cost more if it remains unaddressed......»»
Philippines wraps ITB Berlin with P489-M projected revenue
The Philippines concluded its participation in the Internationale Tourismus-Börse (ITB) Berlin 2024 in Germany last month, drumming up sales leads with projected revenue amounting to over P489 million......»»
LRT-2 revenue, ridership up in 2 months
The Light Rail Transit Authority grew its revenue collection by double digits in the first two months of the year, reaping the benefits of recovering ridership at the Light Rail Transit Line 2......»»
LRT-2 operator expects higher revenue this year
The Light Rail Transit Authority is tracking a path to higher revenue this year as ridership is expected to rise further......»»
DMCI Holdings net income down 20% to P24.9B as revenue drops
DMCI Holdings net income down 20% to P24.9B as revenue drops.....»»
A glance at government s windfall from SMC’s NAIA takeover
The winning bid of the San Miguel Corp.-led consortium for the Ninoy Aquino International Airport translates to a government revenue share of P911.1 billion over a 25-year period, significantly higher than the other bidders’ revenue share offer of between P342.1 billion and P416.9 billion over the same period......»»
LTO eyes P43B revenue, vehicle registration
LTO eyes P43B revenue, vehicle registration.....»»
Correction over collection
Secretary Ralph Recto has reportedly “ordered” the Bureau of Internal Revenue and the Bureau of Customs to work together in order to achieve the revenue collection target of P4 trillion-plus for 2024......»»
Government t sees more revenue from e-cigarette taxes
The domestic electronic cigarette and vape industry are expected to contribute in hitting the government’s revenue collection goal, as players are urged to pay the right taxes amid Filipinos’ shift to alternative smoking......»»
More Infra Needed as BPO Workers Rises to 1.7 Million Workers by End of 2023
The business process outsourcing in the Philippines employed a total of 1.7 million workers and generated revenues worth at least 35 billion USD at the end of 2023, according to a report. But for the local industry not to get left behind by other countries, stakeholders want continued investment in infrastructure, real estate, reliable internet, […].....»»
GMA Network profit falls to P3.2 billion in 2023
Broadcast leader GMA Network Inc. was hit with a 42 percent decline in its profit in 2023, as the company endured a P3 billion drop in revenue in the absence of election placements......»»
GOCC handling Clark complex posts 33 percent profit drop in 2023
The state-run firm tasked to manage the Clark Civil Aviation Complex sustained a 33 percent cut to its profit in 2023, hurt by a combination of revenue decline and spending hike......»»
Makati breaches 2023 business renewal revenue
The Makati City government has surpassed its January 2023 business renewal assessment level, with still over 4,000 businesses expected to renew their permits until the deadline on Jan. 31, Mayor Abby Binay said yesterday......»»
Xinhua world economic news summary at 0830 GMT, Jan. 18
DAVOS, Switzerland -- Although the global economy is facing sluggish growth and numerous challenges, business leaders attending the 54th annual meeting of the World Economic Forum (WEF) remain confident over the prospects of the Chinese economy. Over recent years, China has been an important engine for the global economy. China's gross domestic product (GDP) posted a growth of 5.2 percent year-on-year in 2023, h.....»»
Universal Robina Corp. s sales reach P42.6 Billion in first quarter 24
Universal Robina Corp. s sales reach P42.6 Billion in first quarter 24.....»»
‘Climate change inaction cost to reach P1.4 trillion by 2030’
The cost of inaction against climate change could reach P1.4 trillion by 2030, or about eight percent of the 2020 gross domestic product, the Department of Environment and Natural Resources said yesterd.....»»
Ultra Lotto jackpot to reach P103.5 million
The Ultra Lotto 6/58 jackpot is expected to reach P103.5 million for tonight’s draw, the Philippine Charity Sweepstakes Office said yesterday......»»