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Trade deficit narrows in February
The Philippines posted its narrowest trade deficit in five months in February as exports grew at a faster pace than imports, according to the Philippine Statistics Authority......»»
Trade deficit narrows in January
The Philippines posted a smaller trade deficit of $4.22 billion in January as exports picked up, preliminary data from the Philippine Statistics Authority showed......»»
Bacolod Yuhum Foundation records another deficit in MassKara collection
Bacolod Yuhum Foundation records another deficit in MassKara collection.....»»
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......»»
Return of Philippines-New Zealand direct flights pushed
President Marcos is eyeing the return of direct flights between the Philippines and New Zealand to increase tourism and trade flow between the two countries.?.....»»
Some P1 billion direct investments pledges materialize in Davao City for Q1 2024
Some P1 billion direct investments pledges materialize in Davao City for Q1 2024.....»»
Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 15
COLOMBO -- Sri Lanka's Ports, Shipping and Aviation Minister Nimal Siripala de Silva on Thursday announced the signing of a direct air service agreement between Israel and Sri Lanka. Speaking at a press briefing at the President's Media Center, the minister said the agreement marks the beginning of direct flights between Israel and Sri Lanka, which would enhance passenger convenience. (Sri Lanka-Israel-Aviation).....»»
Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 15
COLOMBO -- Sri Lanka's Ports, Shipping and Aviation Minister Nimal Siripala de Silva on Thursday announced the signing of a direct air service agreement between Israel and Sri Lanka. Speaking at a press briefing at the President's Media Center, the minister said the agreement marks the beginning of direct flights between Israel and Sri Lanka, which would enhance passenger convenience. (Sri Lanka-Israel-Aviation).....»»
Adjusting Your Budget for Unforeseen Circumstances
Life throws curveballs, and sometimes those curveballs will hit your wallet hard. From unexpected medical bills to car repairs more than what you allocated under “car maintenance,” unforeseen circumstances can disrupt your carefully crafted budget. There are ways to go about this, though. Here are some ways you can adjust your spending plan effectively when […].....»»
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......»»
Abby Clutario, Keiko Necesario take center stage at One Stop Record Fair
Music lovers, audiophiles and record collectors had a feast of their favorite things during the most recent edition of “One Stop Record Fair” held at the Activity Area of Ayala Malls The 30th in Pasig City......»»
China maintains defence budget growth despite economic travails
Hong Kong, March 12 (ANI): At the 14th National People's Congress, China announced its defence budget for 2024 and interestingly maintained the growth rate of its military expenditure at precisely the same percentage as last year, as Chairman Xi Jinping continues to prioritize the People's Liberation Army (PLA) at the expense of other sectors of government funding. Indeed, according to figures released on the opening day.....»»
Deficit-to-GDP ratio softens to 4.5 percent in Q1
The budget deficit’s share to the overall economy softened in the first quarter and is still closing into its pre-pandemic level as the government moves to consolidate its finances......»»
Government posts P88 billion surplus
The Marcos administration snapped eight consecutive months of budget deficit after it recorded a surplus of P88 billion in January as revenue collections outpaced spending......»»
Chinabank declares P5.9 billion cash dividends
Sy-led China Banking Corp. will reward its shareholders with a record P5.9 billion in dividend payments, 16 percent higher compared to last year, the bank said yesterday......»»
Learn how to monitor, evaluate government programs and projects
Pursuant to National Budget Circular 565 mandated by the Department of Budget and Management, key LGU officials and officers are required to strengthen their institution’s results-based monitoring, evaluation, and reporting of all government programs and projects......»»
Ayala Corp profit hits record high in 2023
Core profit of conglomerate Ayala Corp. rose by nearly half to reach record high levels in 2023 due to the strong performances of its banking, real estate and power businesses......»»
Record 325 teams vie for golf glory in Southwoods Invitational
The Southwoods Invitational unwraps Wednesday, March 13, with the initial batch of the record-breaking 325-team field aiming for strong starts at the Masters and Legends courses in what promises to be a highly charged yet friendly competition......»»
Charter Day bonus for Cebu City gov’t employees ‘still pending’
CEBU CITY, Philippines – The Charter Day bonus for Cebu City government employees is still subject to deliberation, meaning there is no definite final date yet as to when it will be given. Councilor Noel Wenceslao, chairman of the Committee on Budget and Finance, has confirmed that Supplemental Budget 1, which includes allocations for the.....»»
Pinoy Aquaman sets new record in successful 10k open water swim in Capiz
CEBU CITY, Philippines — “Pinoy Aquaman” Ingemar Macarine never ceases to amaze after setting a new personal record for conquering the 10-kilometer open water swim in the Capiz Sea on Sunday, March 17, 2024. The 47-year-old Macarine bested his previous 10k open water swim in Masbate last year. From four hours and 22 minutes in.....»»