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Xinhua world economic news summary at 0900 GMT, April 1
MANILA -- The Philippine government's budget deficit increased to 164.7 billion pesos (2.93 billion U.S. dollars) in February, the country's Bureau of the Treasury said Monday. "The wider budget gap stemmed from the 22.14 percent year-over-year increase in expenditures, matched with moderate revenue growth of 5.73 percent," the bureau said. With the February turnout, the bureau said the year-to-date fiscal balan.....»»
What makes Ricci Rivero and Leren Bautista compatible
Ricci Rivero and Leren Bautista crossed paths in the feeding program held last year in Los Baños, Laguna in celebration of Ricci’s birthday. Leren, a councilor in Los Baños, was invited to participate in the event. That meeting led to something beautiful and romantic. The five-year gap between the two is like a magnet for other people to make snippy comments. The couple is handling it well. The beauty queen-turned-politician answers back by using her wit, while Ricci doesn’t care much about the criticism......»»
Maharlika fund eyes JV for rural telco towers
The Maharlika Investment Corp.is in the process of tapping foreign partners for a joint venture in building telecommunication towers in rural areas in a bid to address the digital gap......»»
Heart mamahaling mga damit ang regalo kay Chiz, ang kapalit…sardinas
NAPAKARAMI na ring pinagdaanang pagsubok at problema nina Heart Evangelista at Sen. Chiz Escudero bilang mag-asawa. Aminado ang Kapuso actress, tulad ng mga ordinaryong married couples, nagkakaroon din sila ng hindi pagkakaunawaan at issues sa kanilang relasyon. Naniniwala si Heart na naging big factor sa pagsasama nila as husband and wife kanilang age gap –.....»»
PWDs, elderly want more employment opportunities
Some establishments are hiring persons with disabilities and the elderly. But the Philippines still has a long way to go to close the gap......»»
Education s old problems, new stop-gap measures: Why media need to look at the bigger picture
THE CRISIS in education may not be the only serious challenge facing the new year. But it has certainly captured media coverage and more public attention engaging stakeholders, not just students, teachers and parents but also business and industry leaders.Unfortunately, the government has responded not with a comprehensive plan or strategy to address the failure of Filipino students to learn basic skills and ins.....»»
Trade deficit narrows to $4 billion in December
The country’s trade deficit narrowed in December as both exports and imports declined, bringing the full-year 2023 trade gap to $52.42 billion, down from the previous year’s shortfall of $57.65 billion, the Philippine Statistics Authority said......»»
Trade gap expected to widen further
The Philippines’ trade deficit is expected to widen further this year amid weaker exports and stronger imports, according to Dutch financial giant ING......»»
The Future of Work: AI’s Double-Edged Sword for Global Economies
Artificial Intelligence (AI) holds promise in revolutionizing global productivity and economic growth. However, the flip side includes potential job displacement and a widening wealth gap. Without proper policies, nations may struggle to adapt to this emerging technology. The International Monetary Fund (IMF) indicates that nearly 40% of global jobs could be influenced by AI. In […].....»»
Trade gap widens to $4.69 billion in November
The country’s trade deficit in November widened to a seven-month high as imports left negative territory, while exports continued to decline......»»
PhilHealth defends contribution rates
Defending its current contribution rates, the Philippine Health Insurance Corp. yesterday said PhilHealth’s existing premium contribution rates are based on what is mandated by law......»»
Sailing against the current: Building startups in the Philippine seas
In the rich and vibrant tapestry of Southeast Asia, where the sun’s rays awaken myriad islands each morning, the Philippines emerges as a standout not just for its breathtaking natural beauty but also for its thriving startup ecosystem......»»
Cebu FC defends home turf, beats One Taguig 3-1 in PFL
CEBU CITY, Philippines — The Cebu Football Club (CFC) Gentle Giants found their way back into the winning column after defeating the One Taguig FC, 3-1, last Sunday, May 12, at their home pitch in the Dynamic Herb-Borromeo Sports Complex, here. The victory moved the Gentle Giants from sixth to fourth place in the current.....»»
DENR probes tailings facility failure at Surigao mine
DENR Secretary Maria Antonia Yulo-Loyzaga said the agency is “committed” to exploring the “possibility” of parallel processing of various mining permits, doing away with the current systems of sequential approval......»»
Figaro posts rise in quarterly earnings
Figaro Coffee Group Inc. (FCG) sustained its momentum in the third quarter of its current fiscal year, delivering a five percent rise in net income to P105 million on the back of higher revenues......»»
Toledo Xignex Trojans splits matches in PCAP All Filipino chess
CEBU CITY, Philippines — The Toledo Xignex Trojans split their two matches on Wednesday evening, May 8, in the ongoing Professional Chess Association of the Philippines (PCAP) All-Filipino Conference. This was after the Trojans beat Arriba Iriga but lost to the south division’s current leader, the Camarines Soaring Eagles. Their 1-1 (win-loss) outing last Wednesday.....»»
POC targets 25 for Paris
POC president Mayor Bambol Tolentino said yesterday he expects a delegation of about 25 athletes to represent the country at the coming Paris Olympics with more qualifiers from boxing, golf, judo, cycling, swimming, athletics, skateboarding, gymnastics and weightlifting tipped to bolster the current pool of 12......»»
WATCH: Angeline Quinto mixes baby gender reveal in makeup transformation
Singer-actress Angeline Quinto made her own makeup transformation video, which is a current trend on social media, but hers has a clever and adorable twist......»»
A continuing failure?
Because bringing power plants online from scratch takes at least five years, our current problems with low grid reserves resulting in yellow and red alerts can be blamed on a failure during the Duterte era. But the BBM DOE seems committed to continuing the failed policies......»»
Raw sugar output highest in 3 years
Local raw sugar production in the current crop year expanded to 1.86 million metric tons (MT), surpassing the previous crop year’s entire output, due to more sugarcane milled and better sweetener content......»»