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Xinhua world economic news summary at 0900 GMT, March 18
BEIJING -- Global new energy passenger car sales are predicted to exceed 39 million units by 2030, said a report obtained during the China EV100 Forum 2024 concluded Sunday in Beijing. That will mark a penetration rate of almost 50 percent, rising from the nearly 20 percent in 2023 with the sales of over 13 million units, according to the report issued by China EV100, a new energy vehicle (NEV) industry think ta.....»»
Ferrari stock surges on upbeat 2024 profit forecast, as luxury demand remains strong
Ferrari Exceeds Expectations with Strong Q4 Sales Results Italian luxury car manufacturer Ferrari has achieved outstanding sales results in the fourth quarter of 2023, leading.....»»
Monde Nissin sees sales, earnings growth in 2023
Monde Nissin Corp., the listed snack foods giant, expects core net income to have grown by mid-teens for 2023 with sales expected to have hit a high single-digit year-on-year growth......»»
Rewind now highest-grossing Filipino film in domestic box office sales
Metro Manila Film Festival entry "Rewind" became the highest-grossing Filipino film in domestic box office sales with P815 million as of yesterday. .....»»
PSAC, private sector join forces to create more job opportunities
The Private Sector Advisory Council has teamed up with the SM Group, online job platform JobStreet by SEEK and business groups in a bid to open up more job opportunities and help address the job skills mismatch in the country......»»
3 Tips to Authentically Connect Your Business with Its Audience
In the big online world, making your business stand out isn’t just about being present; it’s about talking directly to the people who matter most—your audience. Creating genuine connections with your audience is essential for a business, so here are some simple tips to help your brand shine online: Speak Their Language Think of your […].....»»
VM Quitain: City Council will revisit firecracker ban if necessary
DAVAO CITY (MindaNews – 11 January) – Davao City vice-mayor J Melchor Quitain Jr. said the City ordinance 060-02 also known as firecracker ban ordinance is “as good as it is now” but they would “revisit” it if necessary. Quitain said this amid allegations that organizers of the recent “Paghinugyaw: Sugat sa Bag-ong Tuig,” Davao City’s […].....»»
PLDT taps ACEN for renewable shift
Telco leader PLDT Inc. is doubling down on efforts to mitigate its carbon emissions, tapping the help of ACEN Corp. in switching dozens of facilities to renewable energy......»»
Ayala cooperative taps STAR to promote media literacy
In a bid to enhance media literacy and help expose the youth to truthful, credible news, Ayala Multi-Purpose Cooperative (Ayala Coop) and The Philippine STAR recently joined forces to implement the READISCOVER program in three pilot schools across the country......»»
DA taps US biotech firm to address cecid fly problem
The Department of Agriculture is tapping a biotechnology company in the US to help the country eliminate cecid fly infestation in local mango farms......»»
DOLE-Davao vows to strictly monitor compliance of employers with new wage order
DAVAO CITY (MindaNews / 11 March) – The Department of Labor and Employment (DOLE) – Davao Region vowed Monday to strictly monitor the enforcement of the daily wage increase in the area, warning non-compliant employers they could be meted hefty penalties with possible imprisonment. DOLE-Davao director Atty. Randolf C. Pensoy told the Kapehan sa Dabaw that the Regional […].....»»
2.4M Dabawenyos working as of Oct 2023
The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»
Probe on online sale of smuggled onions sought
The rampant online selling of smuggled onions and other agricultural products must be investigated by the House of Representatives as it is detrimental to local farmers’ livelihood and consumers’ health, according to AGRI party-list Rep. Wilbert Lee......»»
Smuggled onions booming online
Smuggled and imported onions being sold online have contributed to the slump in the farmgate price of local bulbs, according to a farmers’ group......»»
EcoWaste Coalition Seeks Mayor Rama s Help to Halt Sale of Banned Cosmetics with Mercury
22 February 2024, Cebu City/Quezon City. An environmental health NGO sought the help of Cebu City Mayor Michael "Mike" Rama to stop the unlawful sale of contraband cosmetics containing high concentrations of mercury, a health-damaging chemical not allowed in cosmetic products."We respectfully request your good office to take the necessary action to stop the continuing sale in Cebu City of skin whi.....»»
Student hurt in fall from LRT-1 platform
A 17-year-old college student was injured after he fell from the platform bay of a Light Rail Transit Line 1 (LRT-1) station in Quezon City on Thursday......»»
Car sales zoom by 22% in April
Vehicle sales in the country accelerated by more than a fifth in April from a year ago, supported by strong demand and availability of automotive financing......»»
Sidewalk vendors around Davao’s Bankerohan Market assured transfer won’t affect sales
DAVAO CITY (MindaNews / 24 May) – An official from the City Economic Enterprise (CEE) assured sidewalk vendors they won’t be having problems with sales if they will be transferred within the Bankerohan Public Market. The vendors, who used to encroach on sidewalks near the market, such as near Marfori Street, Datu Bago Street, and […].....»»
Manila FAME brings in 6.6M USD of export sales in comeback show
The 40th edition of Manila FAME generated $6.6 million export sales, which is a 51 percent increase from its last face-to-face edition in 2019......»»
Golden Topper hosts first-ever sales fun run
Golden Topper hosts first-ever sales fun run.....»»