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Peso weakness could prompt rate hike anew – IMF

Inflationary pressures stemming from currency depreciation may become a reason for Asian central banks, including the Bangko Sentral ng Pilipinas, to tighten monetary policy once again, the International Monetary Fund said......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

Maiqui padayon nga nagpatambal, nagpasalamat kang Robi: Fighting!

Bisan pa man sa iyang ka busy sa iyang trabaho, gisiguro ni Robi Domingo nga makuyogan ang iyang asawa nga si Maiqui Pineda sa iyang treatment session sa ospital. Padayon nga nagpatambal si Maiqui sa iyang rare autoimmune disease nga gitawag og “dermatomyositis,”  usa ka “uncommon inflammatory condition characterized by muscle weakness and skin rash.” Sa.....»»

Category: newsSource:  inquirerRelated NewsApr 8th, 2024

Filipino workforce lacks soft skills to adapt to digital age: gov t study

MANILA, Feb. 6 (Xinhua) -- Filipino workers lack soft skills, making it hard for them to adapt to the digital age, such as artificial intelligence and fast-emerging technologies, according to a government study released on Tuesday. Toward Measuring Soft Skills for Youth Development: A Scoping Study, a study conducted by the Philippine Institute for Development Studies, reveals that the Filipinos' weakness in sof.....»»

Category: newsSource:  manilanewsRelated NewsFeb 8th, 2024

Red Sea crisis exposing EU energy weakness - FT

Diesel prices have jumped amid fears of disruptions in supply to the bloc, according to the outlet The surge in global diesel prices to an almost three-month high amid shipping disruptions is threatening to test the resilience of EU economies, the Financial Times reported on Wednesday.    The rising p.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Vivamax hits 11 million subscribers, sees overseas growth

Filipino streaming app Vivamax has surpassed 11 million subscribers three years since it was launched at the height of the pandemic in early 2021. It has also seen “surprising” subscription growth in overseas markets, particularly Indonesia, Malaysia and Singapore. .....»»

Category: entertainmentSource:  philstarRelated NewsJun 1st, 2024

Speaker to BIR: Economic growth rests on hitting targets

Speaker Martin Romualdez urged the Bureau of Internal Revenue to ensure that the tax agency hits its targets this year, emphasizing that “hitting revenue targets means the government can fund its spending program, which will enable growth.”.....»»

Category: newsSource:  philstarRelated NewsMay 15th, 2024

China: Barge hits brige near Guangzhou, plunging vehicles in water

BEIJING  — Two people were killed after a barge collided with a bridge over a waterway in China’s Pearl River Delta near Guangzhou city, causing part of the bridge to break off, plunging vehicles into the water, Chinese state media reported on Thursday. The Guangzhou Maritime Safety Administration said in a statement on their WeChat.....»»

Category: newsSource:  inquirerRelated NewsFeb 22nd, 2024

China s Xi lauds ties with Indonesia during president-elect visit

Chinese President Xi Jinping praised China's strong ties with Indonesia during a meeting Monday with President-elect Prabowo Subianto. Xi laid plans for regional peace and affirmed China's commitment to deepen maritime cooperation with Indonesia.State broadcaster CCTV reported that Xi told Prabowo that bilateral ties "have entered a new stage of jointly building a community with a shared future." He also added t.....»»

Category: sportsSource:  abscbnRelated NewsApr 2nd, 2024

US warns China against armed attack on Philippines

Washington, DC [US], March 19 (ANI): US Secretary of State Antony Blinken warned China on Tuesday, stating that any "armed" attack on Philippine vessels in the South China Sea would activate a mutual self-defence agreement between Washington and Manila, underscoring the escalating tensions in the region that could potentially embroil the United States in conflict with Beijing, as reported by The New York Times. Despite th.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

Will China now play a long or short game against Taiwan?

Beijing [China], January 23 (ANI): Following the Taiwanese people's refusal to buckle to Chinese coercion in the January 13 elections, voting back into power the incumbent Democratic People's Party (DPP) with its new leader Lai Ching-te, opinion varies as to what Beijing's next course of action will be. Will China make a precipitative military move against Taiwan, or will it continue its policy of incessant coercion? Chin.....»»

Category: newsSource:  philippinetimesRelated NewsJan 23rd, 2024

Will China now play a long or short game against Taiwan?

Beijing [China], January 23 (ANI): Following the Taiwanese people's refusal to buckle to Chinese coercion in the January 13 elections, voting back into power the incumbent Democratic People's Party (DPP) with its new leader Lai Ching-te, opinion varies as to what Beijing's next course of action will be. Will China make a precipitative military move against Taiwan, or will it continue its policy of incessant coercion? Chin.....»»

Category: newsSource:  manilanewsRelated NewsJan 23rd, 2024

Rate cut seen to boost growth

The much anticipated monetary policy easing will bolster the country’s economic expansion, but the growth will still be below targets amid risks stemming from the impact of El Niño, according to Sun Life Investment Management and Trust Corp.......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

JAZA upbeat on Philippines growth prospects

Ayala Corp. chairman Jaime Augusto Zobel de Ayala is upbeat on the Philippine economy’s growth this year......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Q3 GDP growth revised upward to 6 percent

The Philippine economy posted a slightly faster growth rate in the third quarter of 2023 than initially reported, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

Security Bank sees 5.8 percent economic growth in Q4

Security Bank Corp. believes the Philippine economy grew by 5.8 percent in the fourth quarter last year, bringing the full-year gross domestic product growth to 5.6 percent in 2023......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

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......»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Philippine economy growth may reach 6-7 pct in 2023: Marcos

© Provided by Xinhua With robust growth, better management of overall inflation, and a decrease in unemployment rates, the Philippines has "gotten back on its feet from the reeling effect of the pandemic and the subsequent shocks," Philippine Preside.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

PH Economy Remains Optimistic Amid Global Slowdown

The country is one of the fastest growing economies in East Asia and the Pacific according to the World Bank, foreseeing robust growth despite global economic slowdown. In the latest World Bank Global Economic Outlook report released on Tuesday, the Philippines is expected to maintain its economic growth rate in 2024 at 5.8%, slightly higher […].....»»

Category: newsSource:  metrocebuRelated NewsJan 12th, 2024

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......»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

Philippine economy growth may reach 6-7 pct in 2023: Marcos

© Provided by Xinhua With robust growth, better management of overall inflation, and a decrease in unemployment rates, the Philippines has "gotten back on its feet from the reeling effect of the pandemic and the subsequent shocks," Philippine Preside.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024