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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 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

Losses to Philippine agriculture due to El Nino reach 31 mln USD

MANILA, March 20 (Xinhua) -- The El Nino dry spell and ensuring drought have caused over 1.75 billion pesos (roughly 31 million U.S. dollars) in damage to Philippine agriculture, a senior government official said Wednesday. This year's losses due to El Nino are still low compared to 2009 when the damage to agriculture reached 17 billion pesos (302 million dollars), Presidential Communications Office Assistant Se.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

Payments for COVID-19-related claims reach P16.7 billion – PhilHealth

Total reimbursements for COVID-19-related claims last year reached over P16 billion, according to the state health insurer......»»

Category: newsSource:  philstarRelated NewsMar 13th, 2024

Philippines FDI net inflows grow by 27.8 pct in November

MANILA, Feb. 12 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 27.8 percent in November 2023 to reach 1 billion U.S. dollars, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the November figure brought the country's FDI net inflows from January to November 2023 to 7.6 billion dollars, 13.3 percent lower than the 11 months in 20.....»»

Category: newsSource:  manilanewsRelated NewsFeb 12th, 2024

Philippines FDI net inflows grow by 27.8 pct in November

MANILA, Feb. 12 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 27.8 percent in November 2023 to reach 1 billion U.S. dollars, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the November figure brought the country's FDI net inflows from January to November 2023 to 7.6 billion dollars, 13.3 percent lower than the 11 months in 20.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 12th, 2024

Landbank income exceeds P40 billion mark

State-run Land Bank of the Philippines expects its income to reach P45 billion this year after overshooting its 2023 bottomline target......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

Maya loans reach P22 billion last year

Digital bank Maya Bank Inc. raised its loan disbursement by sevenfold to P22 billion in 2023, as it reaped the benefits of expanding its credit products for underserved sectors......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

Index soars on easing Mid East tensions

Positive cues from the US markets and easing tensions in the Middle East provided a much needed boost to the stock market yesterday, extending gains to a sixth straight session......»»

Category: financeSource:  philstarRelated NewsApr 30th, 2024

Labor group pushes for worker protections as heat soars

National labor center Kilusang Mayo Uno (KMU) stressed on Sunday that extreme heat is a “health and safety hazard that must be met with responsive measures.” .....»»

Category: newsSource:  philstarRelated NewsApr 7th, 2024

JG Summit core profit soars in 2023

Core earnings of conglomerate JG Summit Holdings Inc. soared in 2023 following a significant turnaround in its airline business, with Cebu Pacific returning to full-year profit for the first time since the pandemic......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

Intuitive Surgical Stock Surges After FDA Clearance for Next-Gen Robotic Surgery

Intuitive Surgical (ISRG) Soars After FDA Clearance for da Vinci 5 Robotic Surgery System In a groundbreaking development, Intuitive Surgical’s stock saw a significant increase.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 15th, 2024

UM soars to 19th in 2024 EduRank

THE University of Mindanao (UM) has climbed to the 19th spot in the 2024 EduRank list of the top 100 universities in the Philippines, six places higher than its previous ranking in 2023, according to EduRank, an independent metric-based website......»»

Category: newsSource:  sunstarRelated NewsMar 13th, 2024

Powerball jackpot soars to a whopping $532M

The Powerball jackpot continues to climb, reaching an estimated $532 million after no tickets matched the winning numbers in the latest drawing on Saturday night......»»

Category: newsSource:  thedailyguardianRelated NewsMar 10th, 2024

Obiena soars to glory anew

Paris Olympics-bound Filipino pole-vaulter EJ Obiena added another record-breaking effort as he shattered the 26-year-old Asian indoor mark in a golden performance in the ISTAF Indoor in Berlin, Germany Friday......»»

Category: newsSource:  philstarRelated NewsFeb 25th, 2024

Obiena soars to another gold, rules Berlin tilt

Another golden victory for the golden boy......»»

Category: sportsSource:  philstarRelated NewsFeb 24th, 2024

Masara rescuers transitioning to search and retrieval as death toll soars to 68

DAVAO CITY (MindaNews / 12 February)—Rescuers are transitioning their operations to search and retrieval a week after the landslide incident in Barangay Masara, Maco, Davao de Oro as authorities reported that the death toll is now at 68. Based on data from the Department of Interior and Local Government–Management of the Dead and the Missing […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 13th, 2024

Amos 5TH birthday soars with superhero spectacle

Arce Dairy Food Corp president Ariel Arce and hotelier turned entrepreneur Mitch Garcia-Arce celebrated the fifth birthday of their son, Amos, at the Manila Ballroom of Marriott Hotel Manila. This year’s theme? A dazzling Superhero Extravaganza!.....»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024

Metrobank soars in 2023 with back-to-back local and international awards

Metropolitan Bank and Trust Co. (Metrobank) continued its upward momentum in 2023 as it brought home awards that demonstrated its strength and reliability for clients and cemented its leadership in the industry......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

Phoenix soars higher

Phoenix stepped on the gas and reached its intended destination in the PBA Commissioner’s Cup playoffs......»»

Category: sportsSource:  philstarRelated NewsJan 11th, 2024