Advertisements


We are sorry, the requested page does not exist




No end in sight for ABS-CBN’s woes

Media giant ABS-CBN Corp. suffered a setback in its efforts to become profitable again, tripling its net loss to nearly P10 billion last year due to the impairment of some of its legacy assets......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

BDO to remain cautious amid risks

BDO Unibank Inc., the country’s largest bank, will remain cautious this year despite strong profit growth in 2023 and in the first quarter of the year......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

Uncertainty looms over Davao-Samal Bridge project amid RoW hurdles

The construction of the Samal Island-Davao City Connector (SIDC), also known as the Davao-Samal Bridge project, has faced numerous setbacks due to right-of-way (ROW) acquisition challenges. The project was halted on January 3, 2024, due to issues with landowners near a pier in Lanang at Davao City, leading to delays in the project's implementation. While there have been conflicting statements regarding the project's status, the National Economic and Development Authority-Davao Region (Neda-Davao) aims to complete the detailed engineering plans for the substructure of the west land via dock once the Deed of Transfer Possession in Davao City is released. However, ROW issues continue to persist. Despite these challenges, the project is still considered a priority and is included in the Davao Region Development Plan (DRDP) for 2023–2028. The project is funded through China’s Official Development Assistance with an estimated budget of P23.04 billion, and negotiations with the Philippine government are ongoing with a target completion date in 2027. The uncertainty surrounding the project's timeline remains as ROW hurdles persist, impacting the much-anticipated toll-free four-lane concrete exodus bridge spanning a 3.98-kilometer distance......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

At WTO meet in UAE, Philippines expects deals on fisheries, agriculture, climate issues

By Binsal Abdulkader ABU DHABI, 25th February, 2024 (WAM) -- The Philippines expects successful negotiations on fisheries subsidies, agriculture, and climate issues at the World Trade Organisation's (WTO) 13th Ministerial Conference (MC13) in Abu Dhabi, according to Alfredo E. Pascual, the Secretary for Trade and Industry of the Philippines. "I am particularly enthusiastic about welcoming Comoros and Timo.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 26th, 2024

At WTO meet in UAE, Philippines expects deals on fisheries, agriculture, climate issues

By Binsal Abdulkader ABU DHABI, 25th February, 2024 (WAM) -- The Philippines expects successful negotiations on fisheries subsidies, agriculture, and climate issues at the World Trade Organisation's (WTO) 13th Ministerial Conference (MC13) in Abu Dhabi, according to Alfredo E. Pascual, the Secretary for Trade and Industry of the Philippines. "I am particularly enthusiastic about welcoming Comoros and Timo.....»»

Category: newsSource:  manilanewsRelated NewsFeb 25th, 2024

Meralco expects energy sales to grow this year

Despite a projected slowdown in demand from the commercial segment, the Manila Electric Co. (Meralco) still expects its energy sales to improve by 4.5 percent this year......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Biden hosts Philippines counterpart, Japan PM for first ever trilateral meeting amid China tensions

Washington, DC [US], April 12 (ANI): US President Joe Biden on Thursday hosted the Philippines President Ferdinand Marcos Jr and Japanese Prime Minister Fumio Kishida for the first-ever trilateral summit between the three countries and said that the US commitments to the defence of Japan and the Philippines remain "ironclad," CNN reported. The meeting, which came amid separate territorial disputes involving Japan, the Phi.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

Valderrama: Our hearts remain

Valderrama: Our hearts remain.....»»

Category: newsSource:  sunstarRelated NewsApr 22nd, 2024

MMDA to remain strict on e-trike, light vehicle ban

Despite an order from President Marcos, the Metropolitan Manila Development Authority would remain strict in banning light vehicles like e-bicycles, e-tricycles and tricycles from plying major roads in Metro Manila, acting MMDA Chairman Romando Artes said yesterday......»»

Category: newsSource:  philstarRelated NewsApr 20th, 2024

Marcos to Pinoys: Remain firm in your commitment, resolve this dragon year

President Marcos called on Filipinos to remain firm in their commitment and resolve to achieve a harmonious and progressive Philippines as he joined the Filipino-Chinese community in celebrating Chinese New Year yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 11th, 2024

ASEAN to remain among fastest growing regions

The Association of Southeast Asian Nations is likely to continue to see strong growth this year and remain among the fastest growing regions in the decade ahead, S&P Global Market Intelligence said. .....»»

Category: newsSource:  philstarRelated NewsJan 13th, 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

Pursuing art, navigating challenges

Feeling overworked, underpaid, and unappreciated, 22-year-old creative Vince Joseph W. Lim opens up about the challenges he faces in the bustling creative scene of Davao City. A graduate of Ateneo de Davao University with a degree in Bachelor of Arts in Communication, Lim highlights the struggle of balancing between earning a living and pursuing his passion for art out of his pocket......»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

2 Basilan military commanders tackle potential challenges

2 Basilan military commanders tackle potential challenges.....»»

Category: newsSource:  sunstarRelated NewsFeb 11th, 2024

World Bank urges Philippines to address funding, infrastructure challenges

The Philippines need to address challenges in terms of funding, lack of digital infrastructure and technical competencies as local government units are looking to develop smart cities, the World Bank said......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

Job insecurity, climate change pose challenges in Philippines human development – UNDP

The lack of job security and the high exposure to climate and disaster risks are seen as challenges to the country’s economic growth and human development, making it necessary to make investments in climate resilience and education, according to the United Nations Development Program......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

Airspeed: Overcoming challenges to achieve success in 2024

Airspeed: Overcoming challenges to achieve success in 2024.....»»

Category: sportsSource:  abscbnRelated NewsFeb 2nd, 2024

Agri secretary, PHILSHRIMP tackle shrimp industry challenges

Agri secretary, PHILSHRIMP tackle shrimp industry challenges.....»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Near-target 2023 GDP growth acceptable amidst economic challenges – Neda chief

INQUIRER/ MARIANNE BERMUDEZ MANILA, Philippines — The country’s chief socioeconomic planner, Secretary Arsenio Balisacan of the National Economic and Development Authority (Neda), said that a 2023 economic growth slightly lower than the previous year’s 7.6 percent but near the government’s 6 to 7 percent target range would be considered acceptable, given the challenges faced by the.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

AFP’s main challenges: Preserving, protecting Philippines territory, sovereignty

Without specifically mentioning the West Philippine Sea and the country’s current problems with China in the area, Defense Secretary Gilbert Teodoro Jr. said preserving and protecting Philippine territory and sovereignty tops the military’s main challenges for 2024......»»

Category: newsSource:  philstarRelated NewsJan 12th, 2024