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PLDT back on growth track, doubles profit to P26.61 billion

Telco leader PLDT Inc. returned to growth mode in 2023 as its profit doubled from a year ago, as it cleaned up the P33-billion budget overrun that messed up its balance sheet in 2022......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

PLDT, ABS-CBN call-off P6.75-B SkyCable deal

PLDT and ABS-CBN “mutually decided not to proceed with the sale of Sky Cable to PLDT under the sale and purchase agreement signed by and among the parties in March 2023.”.....»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

PLDT Global taps NGA 911’s emergency response system

PLDT Global Corp., the international unit of the local telco giant, is enabling US-based technology solutions provider Next Generation Advanced 911 (NGA 911) to help boost emergency response systems in the Philippines with advanced technology, delivered through the nationwide PLDT network infrastructure......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

WHO thanks Philippines for pandemic prevention, preparedness and response

World Health Organization Director General Tedros Adhanom Ghebreyesus has expressed his appreciation of the Philippines’ role in the ongoing negotiations on a “WHO convention, agreement or other international instrument on pandemic prevention, preparedness and response” known as the Pandemic Treaty......»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

WHO thanks Philippines for pandemic prevention, preparedness and response

World Health Organization Director General Tedros Adhanom Ghebreyesus has expressed his appreciation of the Philippines’ role in the ongoing negotiations on a “WHO convention, agreement or other international instrument on pandemic prevention, preparedness and response” known as the Pandemic Treaty......»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

WHO thanks Philippines for pandemic prevention, preparedness and response

World Health Organization Director General Tedros Adhanom Ghebreyesus has expressed his appreciation of the Philippines’ role in the ongoing negotiations on a “WHO convention, agreement or other international instrument on pandemic prevention, preparedness and response” known as the Pandemic Treaty......»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

PLDT eyes new president

Telco giant PLDT Inc. may appoint within the year a new president and CEO who will be tasked to lead the company in a period of growth uncertainty......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

NEDA chief sees 2015 growth at 6% despite typhoons

By Leslie D. Venzon MANILA, Dec. 17 (PNA) — The government is optimistic about achieving its target economic growth of 6.9 percent in the fourth quarter despite the devastation wrought by typhoons,........»»

Category: newsSource:  philippinestodaRelated NewsApr 13th, 2024

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......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

S& P: Philippines may miss growth goal this year

S&P Global Ratings sees the Philippines again missing its growth targets this year as it kept its gross domestic product growth forecast at 5.9 percent. While the projection is better compared to other economies in the region, it is again below the government’s 6.5 to 7.5 percent growth target......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

CitySavings Named One of the 2024 Philippines’ Growth Champions

City Savings Bank (CitySavings) continues to cement its position to become the leading mass market bank in the country with its inclusion as one of the 2024 Philippines’ Growth Champions.  The Philippine Daily Inquirer released the report with international market research firm Statista. This year’s Philippines’ Growth Champions are companies with remarkable growth and resilience […].....»»

Category: newsSource:  metrocebuRelated NewsMar 8th, 2024

‘High level of Phl economic performance despite…’

From 2010 to the present – minus the worst year of the lockdown period of the pandemic in 2019 – Philippine economic growth performance has been consistently high, at an average of 6.4 percent......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

Philippine economy growth may reach 6-7 pct in 2023: Marcos

© Provided by Xinhua With robust growth, better management of overall inflation, and a decrease in unemployment rates, the Philippines has "gotten back on its feet from the reeling effect of the pandemic and the subsequent shocks," Philippine Preside.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Philippine economy growth may reach 6-7 pct in 2023: Marcos

© Provided by Xinhua With robust growth, better management of overall inflation, and a decrease in unemployment rates, the Philippines has "gotten back on its feet from the reeling effect of the pandemic and the subsequent shocks," Philippine Preside.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

PLDT, Smart ramp up cloud initiatives

Telco giant PLDT Inc. and its wireless unit Smart Communications Inc. are bolstering their cloud initiatives with the establishment of the cloud center of excellence......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

PLDT guns for share of PVL lead, tests winless Strong Group

PLDT aims to reclaim a share of the lead with Choco Mucho as the former tackles Strong Group Athletics Tuesday in the Premier Volleyball League All-Filipino Conference at the PhilSports Arena......»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024

PLDT guns for share of PVL lead, tests winless Strong Group

PLDT aims to reclaim a share of the lead with Choco Mucho as the former tackles Strong Group Athletics Tuesday in the Premier Volleyball League All-Filipino Conference at the PhilSports Arena......»»

Category: newsSource:  davaotodayRelated NewsApr 8th, 2024

PLDT, Smart collaborators lift Davao s cacao farmers, agropreneurs

PLDT, Smart collaborators lift Davao s cacao farmers, agropreneurs.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

PLDT, Smart collaborators lift Davao s cacao farmers, agropreneurs

PLDT, Smart collaborators lift Davao s cacao farmers, agropreneurs.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

PLDT drubs Akari to stay atop of PVL standings

PLDT hacked out a 25-17, 25-20, 25-19 drubbing of Akari to leapfrog to the top alongside powerhouse Creamline in the Premier Volleyball League All-Filipino Conference at the PhilSports Arena......»»

Category: sportsSource:  philstarRelated NewsApr 2nd, 2024