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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......»»
MPIC earnings surge 30% to P5.6 billion in Q1
Core earnings of conglomerate Metro Pacific Investments Corp. soared by 30 percent to a record high of P5.6 billion in the first quarter on strong performances by its business units......»»
JG Summit income triples
Conglomerate JG Summit Holdings Inc. of the Gokongwei family saw a surge in its core profit in the first quarter following strong contributions of its food, real estate and air transport businesses, coupled with the gains realized from its bank merger......»»
GOCC dividends surge to P88.6B - The Manila Times
DIVIDEND remittances from state-owned firms have ballooned to almost P89 billion just a little over four months into 2024, Finance Secretary Ralph Recto said on Monday. The government was said to have collected P88.6 billion from 47 government-owned and -controlled corporations (GOCCs) as of May 6, 11 times higher than the P8 billion recorded during the same period last year. "These dividends form a major source of n.....»»
PH Inflation Up To 3.8% in April 2024
The country’s headline inflation saw a slight uptick in April 2024, according to a report by the Philippine Statistics Authority (PSA) released on May 7, 2024. The said increase brings the cumulative inflation rate to 3.4% for January to April 2024, much lower than April 2023 at 6.6%. Factors Driving the Increase The surge in […].....»»
Government readies for surge in cruise tourism
The Philippines expects to welcome at least 300,000 travelers from cruise ships this year – more than triple from 2023 – as the government prepares for their entry by building dedicated terminals in tourist sites......»»
Samsungs Profits Soar Due to AI Boom
Samsung Electronics is expecting a surge in demand for artificial intelligence (AI) and facing a shortage of high-end chips in the market. The tech giant’s.....»»
Grids still on alert amid demand surge
Power grids across the country remained on alert yesterday, according to the National Grid Corp. of the Philippines......»»
Charting a course for energy security
Midway through the dry season, the Philippine Atmospheric Geophysical and Astronomical Services Administration has already issued warnings of dangerously escalating heat indexes. Consequently, this forecast signals a looming surge in energy demand, posing a significant challenge for the country amid ongoing issues with power supply......»»
NDAP, Nestlé promote proper nutrition with Nutrition Masterclass Interschool Competition
In the era of social media, there are multiple ways of creating content that’s easily accessible for online audiences and as a result, there is also a surge in popular but unfounded nutrition and health information being spread on the internet......»»
Looking through myopia: How blurry vision dims child’s bright future
An alarming 10% of kindergarten-aged children in the Philippines are already experiencing problems with their vision and some of them, approximately below 6 years old, already need eyeglasses, according to research conducted by the University of the Philippines’ National Institute of Health. This surge in the number of visually impaired children is relative to the.....»»
Animal bite cases surge in Mandaue City
MANDAUE CITY, Cebu — Mandaue City has recently recorded an increase in animal bite cases compared to previous weeks. From the daily 100 to 200 individuals receiving anti-rabies vaccines at the Animal Bite Treatment Center in the Mandaue City Health Office, this has increased to about 300 to 400 individuals recently. Some of them received.....»»
Ranking surge boosts Malixi s Augusta debut
Rianne Malixi’s much-anticipated debut in the Augusta National Women’s Amateur unfolding Wednesday, April 3, in Augusta, Georgia has received a significant boost, propelling her to a career-high No. 26 in the latest World Amateur Golf Ranking......»»
‘No surge in pertussis hospital admissions’
There was only a slight uptick in hospital admissions due to pertussis despite the reported increase in cases in the country, the Private Hospitals Association of the Philippines Inc. reported yesterday......»»
Philippines: More than one million children in Muslim Mindanao need protection from highly infectious measles spread
COTABATO/MANILA, 28 March 2024 - A major immunization drive in early April will reach over 1.3 million children in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) following the alarming surge in measles cases with 77 per cent of the confirmed cases in the Philippines being reported from this region.From the 1st until 12th April, health workers will provide lifesaving vaccines to prot.....»»
Fisherfolk group urges gov’t to regulate fish prices amid Lent
Fisherfolk group Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas on Wednesday urged the government to address the surge in retail prices of fish during the Holy Week......»»
Rise of the cancer-causing bugs: Researchers say dental PLAQUE could be behind mystery rise of aggressive colo
A recent surge in aggressive colon and stomach cancers has been linked to the presence of specific bacteria, according to new studies. The bacteria Fusobacterium.....»»
DigiPlus earnings surge last year
Digital entertainment group DigiPlus Interactive Corp. reported a sharp 596-percent increase in profit to P4.1 billion in 2023 on the back of sustained growth of its digital retail segment following the introduction of new platforms......»»
Dcott assists bus companies for Holy Week special permits
THE Davao City Overland Transport Terminal (Dcott) has collaborated with bus companies, ensuring they obtain or renew their special permits from the Land Transportation Franchising and Regulatory Board-Davao Region (LTFRB-Davao) ahead of the anticipated surge in passengers during the upcoming Holy Week......»»
Spike in gender-based violence cases noted
A DEPARTMENT of Social Welfare and Development (DSWD) official reported a surge in gender-based violence cases in Davao Region, reaching 170 in 2023 compared to 131 in 2022......»»