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Contract awarded to rehabilitate Philippines main airport
MANILA, Feb. 17 (Xinhua) -- The Philippine government has awarded a contract to a private consortium led by San Miguel Corp.(SMC) to upgrade the country's main international gateway, the Ninoy Aquino International Airport (NAIA). In a statement released on Friday night, National Economic and Development Authority Secretary Arsenio Balisacan lauded the efforts of the Department of Transportation in spearheading t.....»»
Contract awarded to rehabilitate Philippines main airport
MANILA, Feb. 17 (Xinhua) -- The Philippine government has awarded a contract to a private consortium led by San Miguel Corp.(SMC) to upgrade the country's main international gateway, the Ninoy Aquino International Airport (NAIA). In a statement released on Friday night, National Economic and Development Authority Secretary Arsenio Balisacan lauded the efforts of the Department of Transportation in spearheading t.....»»
Di mawawala sa puso ko : Daniel Padilla thanks Kathryn Bernardo at ABS-CBN contract renewal
Kapamilya actor Daniel Padilla thanked former long-time on- and off-screen partner Kathryn Bernardo during his renewal of contract with ABS-CBN yesterday. .....»»
Tallo mum on Converge FiberXers contract termination
CEBU CITY, Philippines—Cebuano cager Mac Tallo kept mum on The Converge FiberXers’ announcement to terminate his contract with them in the Philippine Basketball Association (PBA). CDN Digital reached out to Tallo but he decided not to speak about the issue. On Wednesday, February 7, The Converge FiberXers released a statement announcing their termination of Tallo’s.....»»
Emotional Kathryn Bernardo renews ABS-CBN contract
Actress Kathryn Bernardo renewed her contract with ABS-CBN, her home for the past two decades......»»
Kathryn Bernardo to renew contract with Star Magic
Kathryn Bernardo will remain a Kapamilya as Star Magic announced her contract signing scheduled for tomorrow......»»
Daniel Padilla to renew contract with Star Magic
Contrary to rumors, Daniel Padilla will renew his contract with ABS-CBN's Star Magic. .....»»
BrahMos missile system supplies from India continue to reach Philippines under USD375 million deal
New Delhi [India], April 21 (ANI): Supplies of the BrahMos supersonic cruise missiles from India to the Philippines under a USD 375 million deal, continue as part of the contract between the two nations, defence officials said. The missile system supplies reached at an air base in Manila from India in a chartered Ilyushin-76 transport aircraft on Sunday, they said. Officials from India and the Philippines are receiving th.....»»
ICTSI bags P750 million Iloilo Port deal
Logistics giant International Container Terminal Services Inc. will add another port to its network of facilities here and abroad, this time securing the P750 million contract to manage the Iloilo Commercial Port Complex......»»
PPA awards P273 million Camiguin ports deal
A Camiguin-based cargo handler has bagged the contract to operate and maintain three ports in Mindanao for P273 million, marking another success in the efforts of the Philippine Ports Authority to privatize some of its facilities......»»
Philippines FDI net inflows grow by 89.9 pct in January
MANILA, April 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 89.9 percent in January to 907 million U.S. dollars, the country's central bank said Wednesday. "The increase in FDI was supported mainly by the 173.2 percent expansion in nonresidents' net investments in debt instruments to 820 million dollars from 300 million dollars in January 2023," the Bangko S.....»»
P35 million allotted for Araw ng Dabaw
DAVAO CITY (MindaNews / 27 February)—The City Government of Davao has allocated P35 million for this year’s Araw ng Dabaw, P8 million more than last year’s celebration, a city councilor said. Councilor Myrna Dalodo-Ortiz, who chairs the finance, ways and means and appropriations committee, said that the city government’s allocation for the annual event includes […].....»»
Disney+ Loses 1.3 Million Subscribers After Price Hike
Disney+ has seen a decline in its subscriber base by 1.3 million following a price increase implemented in the final quarter of 2023 while being able to mitigate losses by a noteworthy $300 million. During the Q1 FY24 Earnings Call, Disney revealed that Disney+ witnessed a drop from 112.6 million subscribers on September 30, 2023, […].....»»
Tobacco output seen surpassing 42 million kg this year
The country’s tobacco production this year could expand to a three-year high of over 42 million kilograms on the back of higher demand and better prices, the National Tobacco Administration (NTA) said......»»
DOH allots P55 million for cervical, breast cancer screening
The Department of Health has allocated P55 million to meet its target of screening three million women for cervical and breast cancer this year......»»
Globe reports steep 73.7% decline in blocked bank-related spam, scam SMS in 2023
The telecommunications company Globe has reported a significant 73.7% decrease in the number of blocked spam and scam SMS related to banks in 2023. This reduction is a result of the interception of 21.9 million bank-related fraudulent messages, a sharp decline from the 83.39 million messages blocked the previous year. Globe attributes this achievement to its proactive strategies and strong partnerships with major banks and financial institutions in the Philippines. The company has established anti-fraud alliances with the Bankers Association of the Philippines and individual players in the finance sector, enabling the sharing of data and intelligence to prevent and investigate fraud effectively. Anton Bonifacio, Chief Information Security Officer at Globe, emphasized the company's commitment to combating financial fraud and enhancing security measures for customer protection. Globe has invested approximately US$20 million to improve its spam and scam SMS detection and blocking system and operates a 24/7 Security Operations Center to filter out unwanted messages from both international and domestic sources. Despite certain limitations, Globe remains dedicated to customer protection and emphasizes the need for a unified approach in the fight against fraud. The company is focused on leveraging technology and strengthening alliances with key stakeholders to combat fraudulent activities. As Globe continues to advance its technologies and collaborations, it aims to provide a safer and more secure digital environment for its customers. For more information about Globe and its initiatives, visit www.globe.com.ph. (SPONSORED CONTENT).....»»
2.4M Dabawenyos working as of Oct 2023
The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»
$247 million hot money exits Philippines in 2023
A total of $247.3 million worth of speculative funds exited the Philippines last year, reversing the $886.7 million net inflow recorded in 2022, according to the Bangko Sentral ng Pilipinas......»»
Ravens sign Justin Madubuike to four-year extension
The Baltimore Ravens have locked in one of their key defensive pieces for the foreseeable future. The team announced a four-year contract extension for defensive.....»»
India delivers BrahMos missiles to Philippines
The contract for supersonic missiles co-developed with Russia was signed by the two Asian nations in 2022 India delivered the first batch of BrahMos supersonic cruise missiles to the Philippines on Friday, the ANI news agency has reported. A $375 million deal to supply the systems co-developed by New Delhi and Moscow.....»»