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ICT spending in AsPac reaches $1.3 trillion in 2023
Information and communications technology spending in Asia and the Pacific reached the $1.3 trillion mark in 2023, as companies increased their investments on automation and cloud to survive and thrive in the digital era......»»
Google Drive Going Dark Soon?
It seems like the highly popular cloud storage service Google Drive will go dark soon – as in dark mode, for its web version so people who are on the dark side can enjoy their favorite cloud storage platform without squinting their eyes. The report comes from a post from 9to5google, as they’ve received a […].....»»
AREA ASSESSMENT | DA conducts survey for cloud seeding as dry spell damage in NegOcc reaches P77.7M
AREA ASSESSMENT | DA conducts survey for cloud seeding as dry spell damage in NegOcc reaches P77.7M.....»»
DA starts cloud seeding amid El Niño
Cloud seeding operations have been conducted over Cagayan Valley to cushion the effects of the strong El Niño, according to the Department of Agriculture......»»
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......»»
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......»»
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......»»
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.....»»
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......»»
Not in aid for election
The well-intentioned ayuda of the government that targets to tide over inflation-impacted middle income families will remain under a cloud of uncertainty without an enabling law. In particular, this will be the fate of the P26.7-billion Ayuda para sa Kapos ang Kita Program that has become the bone of contention of lawmakers feuding over alleged use of the newest ayuda program of the government to push Charter change......»»
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......»»
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......»»
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......»»
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.....»»
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?.....»»
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.....»»
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......»»
‘Investment spending rebounds in 2023 4Q, driving GDP growth’
‘Investment spending rebounds in 2023 4Q, driving GDP growth’.....»»
SMIC allots P115 billion for 2024 capex
SM Investments Corp., the investment holding company of the Sy family, is spending up to P115 billion this year for the continuing expansion of its various businesses......»»
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.....»»