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Surge in consumer spending seen this year

Consumer spending in the Philippines is expected to surge this year due to easing inflationary pressures, healthy employment conditions and lower borrowing costs, according to BMI Country Risk & Industry Research......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Government infrastructure spending scaled up to P121 billion

The government increased its infrastructure spending by nearly seven percent to P121 billion from January to February compared to last year’s level on the back of higher disbursements for road projects, the Department of Budget and Management said......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

Government arsenal spending up 420 percent but misses production target

The Government Arsenal increased its spending in 2023 by 420 percent, but still failed to meet its ammunition production target for the year, according to a report from the Commission on Audit......»»

Category: newsSource:  philstarRelated NewsApr 2nd, 2024

Government jacks up infrastructure spending to P1.2 trillion in 2023

The government jacked up its infrastructure spending last year, hitting P1.2 trillion and effectively surpassing its programmed allocation on the back of faster disbursements for major transport and road projects, according to the Department of Budget and Management......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Government urged to keep spending, avoid high surplus

The government should not keep a high surplus and instead continue to ramp up spending in order to meet the growing needs of the economy, an economist said......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Jollibee spending P23 billion for capex

Jollibee Foods Corp. is spending as much as P23 billion this year to sustain its growth momentum after posting strong profitability in 2023......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Tell it to SunStar: Efficient resource management on education over simply spending more

Tell it to SunStar: Efficient resource management on education over simply spending more.....»»

Category: newsSource:  sunstarRelated NewsMar 7th, 2024

Clark Water spending P5.6 billion for freeport service upgrade

Clark Water Corp., a subsidiary of Manila Water Philippine Ventures, is spending P5.56 billion to improve its services in the Clark Freeport Zone......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

ALI spending P100 billion for projects this year

Ayala Land Inc, the listed property giant of the Ayala Group, is ramping up its investments this year with capital spending returning to pre-pandemic level......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

How does spending time in God’s presence make you stronger?

How does spending time in God’s presence make you stronger? In what ways will you “lean into Him” today?.....»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024

US spending $7mn a year on seized Russian yacht

The luxury vessel worth $300 million was arrested in Fiji in 2022    The US government is spending more than $7 million a year to maintain a superyacht it seized from a sanctioned Russian businessman and that it is now seeking to sell, a court filing from Friday showed.   The yacht, named 'Amade.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Infrastructure spending hits lowest level in November

Government spending for infrastructure dropped to a year-low in November last year even after state agencies were ordered to catch up on their expenses to boost economic growth......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

‘Investment spending rebounds in 2023 4Q, driving GDP growth’

‘Investment spending rebounds in 2023 4Q, driving GDP growth’.....»»

Category: sportsSource:  abscbnRelated NewsFeb 2nd, 2024

Adjusting Your Budget for Unforeseen Circumstances

Life throws curveballs, and sometimes those curveballs will hit your wallet hard. From unexpected medical bills to car repairs more than what you allocated under “car maintenance,” unforeseen circumstances can disrupt your carefully crafted budget. There are ways to go about this, though. Here are some ways you can adjust your spending plan effectively when […].....»»

Category: newsSource:  metrocebuRelated NewsMar 4th, 2024

House backs Comelec plan to ban substitution by withdrawal

Administration lawmakers have expressed support for the plan of the Commission on Elections to prohibit candidates from taking advantage of substitution by means of withdrawal of their certificate of candidacy and advancing their personal interest......»»

Category: newsSource:  philstarRelated NewsMay 9th, 2024

LGUs join 5-day climate change action plan training

LGUs join 5-day climate change action plan training.....»»

Category: newsSource:  inquirerRelated NewsMay 6th, 2024

Consunji Group maps out recovery plan for Cemex

The Consunji Group has mapped out a strategic plan to revitalize listed cement maker Cemex Holdings Philippines......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

President Marcos OKs DepEd’s basic education plan, other measures

The National Economic and Development Authority (NEDA) Board, chaired by President Marcos, approved on Thursday three priority projects, including a medium-term basic education plan and a higher project cost for a world-class cancer center of the University of the Philippines-Philippine General Hospital (UP-PGH)......»»

Category: newsSource:  philstarRelated NewsApr 27th, 2024

Marcos issues EO adopting 5-year national cybersecurity plan

To strengthen the security and resilience of the country’s cyberspace, President Marcos has issued an order adopting the five-year National Cybersecurity Plan of the Department of Information and Communications Technology......»»

Category: sportsSource:  abscbnRelated NewsApr 6th, 2024

Marcos issues EO adopting 5-year national cybersecurity plan

To strengthen the security and resilience of the country’s cyberspace, President Marcos has issued an order adopting the five-year National Cybersecurity Plan of the Department of Information and Communications Technology......»»

Category: sportsSource:  abscbnRelated NewsApr 6th, 2024