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Philippines gets P575 million to address climate change
The Philippines has secured a financial boost of P575 million ($10 million) to ramp up its programs aimed at addressing the worsening impacts of climate change......»»
P7.01 million shabu, P3.1 million kush seized
Anti-narcotics agents confiscated 1.03 kilos of shabu with an estimated street value of P7.01 million in Dumaguete City yesterday......»»
Jobless Filipinos hit 2 million in March 2024 — PSA
During a Wednesday morning press conference, national statistician and PSA chief Claire Dennis Mapa announced an uptick in the number of unemployed persons aged 15 and above to two million in March 2024, up from 1.8 million in February 2024......»»
EDITORIAL - 40 million without safe water
With a population estimated at 118 million as of January this year, it is disheartening to learn that 40 million Filipinos still lack access to freshwater sources......»»
Stonebridge acquires P500 million shares in RCI
Stonebridge Corp. has purchased 250 million shares or approximately nine percent of Roxas and Co. Inc. for P500 million......»»
Philippines contributes $3 million to ADF
The Philippines is providing $3 million (P171 million) to the Asian Development Bank fund meant to help poor and vulnerable economies in Asia-Pacific......»»
ADB, Buskowitz Solar ink $12 million loan for rooftop panels
The Asian Development Bank has signed a $12 million (P675 million) loan agreement with Buskowitz Solar Inc. for the installation of solar panel systems in commercial and industrial buildings’ rooftops in the Philippines......»»
Philippines FDI net inflows grow by 89.9 pct in January
MANILA, April 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 89.9 percent in January to 907 million U.S. dollars, the country's central bank said Wednesday. "The increase in FDI was supported mainly by the 173.2 percent expansion in nonresidents' net investments in debt instruments to 820 million dollars from 300 million dollars in January 2023," the Bangko S.....»»
P7 million shabu, P3 million marijuana seized
Shabu with an estimated value of P7 million was confiscated in Tagbilaran City, Bohol on Friday......»»
Artwork worth 1.2 million stolen in Italy
Thieves absconded with nearly 50 gold sculptures and pieces of jewelry Almost 20 statues and 30 pieces of jewelry worth 1.2 million ($1.3 million) have been stolen from an exhibition near Lake Garda, Italy, the Vittoriale degli Italiani estate, which hosted the display, told journalists. The stolen work.....»»
PERA contributions hit P396 million in 2023
Voluntary retirement contributions rose by 20.3 percent to P396.309 million in 2023 from P329.548 million in 2022, driven by the increase in the number of participants, according to the Bangko Sentral ng Pilipinas......»»
Jobless Filipinos balloon to 2.15 million in January 2024
The Philippine Statistics Authority reported that the number of unemployed persons ages 15 and above climbed to 2.15 million in January 2024, down from 1.6 million in December 2023. .....»»
PLDT proposes $3 million settlement in US budget mess suit
Integrated telco PLDT Inc. has proposed to settle $3 million, or around P165 million, to resolve a class action suit filed against it in the US over its budget fiasco......»»
Figaro quarterly profit up 7% y/y (121% q/q)
Figaro posted a Q2 profit of P195 million, up 7% from its Q2/22 profit of P182 million, and up 121% from its Q1 profit of P88 million......»»
Unemployed Filipinos down to 1.6 million in December 2023 — PSA
National Statistician and PSA chief Claire Dennis Mapa reported that the number of unemployed persons ages 15 and above declined to 1.6 million in December 2023, down from 1.83 million in November 2023......»»
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......»»
Boulevard Holdings Q2 net income down 86% y/y, down 336% q/q
Boulevard Holdings reported a Q2/23 net loss of P33 million, down 86% from its Q2/22 net loss of P18 million, and down 336% from its Q1/23 net income of P14 million......»»
$247 million hot money exits Philippines in 2023
A total of $247.3 million worth of speculative funds exited the Philippines last year, reversing the $886.7 million net inflow recorded in 2022, according to the Bangko Sentral ng Pilipinas......»»
Laurenti Dyogi reveals PBB new season, on-ground auditions
Laurenti Dyogi announced that they are looking for a "new breed of idol trainees and young artists" to join Star Magic as well as new housemates for the upcoming season of "Pinoy Big Brother" for the show's return in June......»»
5 essentials for Cebuano commuters during the summer season
CEBU CITY, Philippines — Summer may be the perfect time to have our vacation, but also the season when we prepare and protect ourselves from the scorching heat of the sun in Cebu. Here are 5 essentials for Cebuano commuters to prepare for the day. 1. Sunscreen Let’s slay the day and prepare ourselves to.....»»