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Digital economy contributes 8.4 pct to Philippine economy in 2023

MANILA, April 25 (Xinhua) -- The digital economy amounted to 2.05 trillion pesos (35.396 billion U.S. dollars) in 2023, contributing 8.4 percent to the country's gross domestic product (GDP), the Philippine Statistics Authority (PSA) said Thursday. "This resulted in a 7.7 percent growth from the 1.90 trillion pesos (32.8 billion dollars) gross value added of the digital economy in 2022," the agency said......»»

Category: newsSource:  manilanewsRelated NewsApr 25th, 2024

Loss of Russian gas has hurt German economy - minister

The country is now in a "particularly" difficult situation, Vice-Chancellor Robert Habeck has warned The German economy has lost its competitive advantage after abandoning Russian gas supplies, Vice-Chancellor and Economy Minister Robert Habeck stated on Wednesday. The EU's top economy benefited from cheap Russ.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 2024

Losing Russian gas has hurt Germany s economy - minister

The country is now in a "particularly" difficult situation, Vice-Chancellor Robert Habeck has warned The German economy has lost its competitive advantage after abandoning Russian gas supplies, Vice-Chancellor and Economy Minister Robert Habeck stated on Wednesday. The EU's top economy benefited from cheap Russ.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 2024

COMMENTARY | Strategies for powering progress: The Visayas energy imperative 

As one of the country's major urban centers, Cebu City's demand for energy has surged, driven by a growing population, an expanding industrial sector, and a thriving tourism industry. Beneath its busy streets and growing economy lies the critical challenge of the urgent need for increased power generation capacity. .....»»

Category: financeSource:  philstarRelated NewsMar 19th, 2024

COMMENTARY | Strategies for powering progress: The Visayas energy imperative 

As one of the country's major urban centers, Cebu City's demand for energy has surged, driven by a growing population, an expanding industrial sector, and a thriving tourism industry. Beneath its busy streets and growing economy lies the critical challenge of the urgent need for increased power generation capacity. .....»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

Four-way rumble looms as Interclub unfolds

The 75th Philippine Airlines Senior Interclub golf team championships unwrap today at the Pueblo de Oro Golf and Country Club in Cagayan de Oro with title holder Luisita bracing for a tough, tough challenge......»»

Category: sportsSource:  philstarRelated NewsFeb 21st, 2024

Blackwater relishes strong start

If Blackwater’s 3-0 start in the PBA Philippine Cup is a portent of things to come, Bossing team owner Dioceldo Sy said yesterday he’s enjoying the habit of winning. Only twice in 21 previous conferences has Blackwater gone over .500, posting identical 7-4 records in the 2017-18 Governors Cup and 2019 Commissioner’s Cup......»»

Category: sportsSource:  philstarRelated NewsMar 8th, 2024

Open ocean salmon farm a win for the economy

The final approval of New Zealand King Salmon's Blue Endeavour open ocean aquaculture project is a significant step for New Zealand's aquaculture, and a win for the economy, Oceans and Fisheries Minister Shane Jones says. "Blue Endeavour will be the first open ocean aquaculture salmon farm in New Zealand. It's going to provide more jobs for the Marlborough region and benefit our economy b.....»»

Category: sportsSource:  abscbnRelated NewsMar 1st, 2024

Race for global economic dominance sees striking turn of fortunes - ex-IMF official

The assumption that China will eventually overtake the US as the world's largest economy now seems less certain, Eswar Prasad has said The US has extended its lead over China in the race for the globe's largest economy, Bloomberg reported on Friday.    The American economy defied forecasts in outperfo.....»»

Category: newsSource:  philippinetimesRelated NewsJan 27th, 2024

Mama s Boy : SB19 s Josh Cullen recalls tough times, pens Mother s Day letter

SB19's Josh Cullen is admittedly a "Mama's Boy" who grew up inspired by his mother Aldrene, who raised him and his sister through tough times. .....»»

Category: entertainmentSource:  philstarRelated NewsMay 13th, 2024

Mama s Boy Josh Cullen recalls tough times, pens Mother s Day letter

SB19's Josh Cullen is admittedly a "Mama's Boy" who grew up inspired by his mother Aldrene, who raised him and his sister through tough times. .....»»

Category: entertainmentSource:  philstarRelated NewsMay 12th, 2024

Filipino cop proves you can be both tough and godly

Filipino cop proves you can be both tough and godly.....»»

Category: newsSource:  sunstarRelated NewsApr 10th, 2024

Choco Mucho s Rondina pats self on back for standing ground vs Van Sickle, Petro Gazz

Sisi Rondina had much to celebrate after her Choco Mucho Flying Titans eked out the tough five-set win over the Petro Gazz Angels for a 2-0 start in the PVL All-Filipino Conference......»»

Category: sportsSource:  philstarRelated NewsFeb 28th, 2024

Germany spending billions to replace nuclear power

The EU's largest economy is set to make a large investment in four gas-fired plants, the government has announced Germany is set to spend 16 billion to construct four gas-fired power plants as it seeks to ensure an adequate supply of electricity after scrapping its nuclear reactors, the Economy Ministry announced earl.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 12th, 2024

EU s largest economy spending billions to replace nuclear power

Germany is set to make a large investment in four gas-fired plants, the government has announced Germany is set to spend 16 billion to construct four gas-fired power plants as it seeks to ensure an adequate supply of electricity after scrapping its nuclear reactors, the Economy Ministry announced earlier this week.&nb.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 11th, 2024

Michigan reports first measles case since 2019 outbreak: What to know

Michigan health officials have confirmed the state’s first case of measles since the 2019 outbreak, with a child in Oakland County testing positive for the.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 26th, 2024

Xinhua world economic news summary at 0830 GMT, Jan. 18

DAVOS, Switzerland -- Although the global economy is facing sluggish growth and numerous challenges, business leaders attending the 54th annual meeting of the World Economic Forum (WEF) remain confident over the prospects of the Chinese economy. Over recent years, China has been an important engine for the global economy. China's gross domestic product (GDP) posted a growth of 5.2 percent year-on-year in 2023, h.....»»

Category: newsSource:  manilanewsRelated NewsJan 18th, 2024

Failure of Manila s anti-China bloc in S. China Sea is determined

Philippine President Ferdinand Marcos Jr.'s file photo. /XinhuaEditor's note: CGTN's First Voice provides instant commentary on breaking stories. The column clarifies emerging issues and better defines the news agenda, offering a Chinese perspective on the latest global events. The Philippines and Vietnam on Tuesday signed two memorandums of understanding (MOUs) on ma.....»»

Category: newsSource:  inquirerRelated NewsFeb 1st, 2024

Suspect in 2019 killing of Ed Dizon arrested

By: CMFR StaffPosted on: May 9, 2024, 5:26 pm CMFR/PHILIPPINES - The Presidential Task Force on Media Security (PTFoMS) gave an update on the 2019 killing of broadcaster Eduardo "Ed" Dizon on May 3, World Press Freedom Day last week, saying police had arrested Junelle Jane Andagkit Poten, a suspect, on May 2 in Barangay Saguing, Makilala, Cotabato after receiving tips on Poten's whereabouts. .....»»

Category: newsSource:  manilanewsRelated NewsMay 10th, 2024

Philippines- New Drug War Declared in Davao City - Human Rights Watch

Click to expand Image Sebastian Duterte, currently the mayor of Davao City, delivers a speech at a campaign rally in Davao City, the hometown of his father, then-President Rodrigo Duterte, May 10, 2019. 2019 Kyodo via AP Images (Manila) The mayor of Davao City in the Philippines, Sebastian Duterte, recently declared a new war on drugs, suggestive of the abusive campaign of his father, former President Rodrigo Duterte, Hum.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024