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ADB cuts Philippines growth outlook to 6% in 2024

The Asian Development Bank has trimmed its growth forecast for the Philippines for this year, citing risks posed by extreme weather events that can drive up inflation and the slower growth in advanced economies......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024

MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»

Category: newsSource:  philippinetimesRelated NewsJan 27th, 2024

Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024

MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»

Category: newsSource:  manilanewsRelated NewsJan 26th, 2024

Double-digit growth in bank lending seen this year

The Philippine banking sector is expected to book double-digit growth in loan disbursements this year on the back of robust economic growth, according to BMI Country Risk & Industry Research......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

Maynilad to sell P15-B of Blue Bonds to fund capex projects ahead of IPO

Maynilad Water Services, a subsidiary of Metro Pacific Investments and an affiliate of DMCI Holdings, disclosed its application to the SEC to sell up to P15 billion worth of fixed-rate “Blue Bonds” in the last week of May, for listing on PDEx in the first week of June......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

DMCI keen on entry into cement business

The Consunji Group is looking to pursue its entry into the cement business with the acquisition of Cemex Holdings Philippines (CHP)......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

DMCI eyes entry into cement business

The Consunji Group is looking to diversify into a new industries, with the cement business among those being considered through a potential acquisition of Cemex Holdings Philippines......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Maynilad considering a $300-M pre-IPO investment round before it goes public in 2025

Bloomberg is reporting that Maynilad Water Services, the “West Zone” water concessionaire owned by Metro Pacific Investments and DMCI, is “considering” raising a US $300 million (~P16.9 billion) “funding round” before it goes public on the PSE in 2025......»»

Category: financeSource:  philstarRelated NewsFeb 6th, 2024

Of senators and bilyonaryos

The buzz among some of the country’s billionaires these days is how Senator Raffy Tulfo called out tycoon Isidro “Sid” Consunji, chairman and CEO of DMCI Holdings Inc., for supposedly dozing off during a Senate hearing last week......»»

Category: newsSource:  philstarRelated NewsJan 27th, 2024

DMCI Holdings cautiously optimistic for 2024

The Consunji Group is taking a cautiously optimistic outlook for this year......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Maricel Soriano says condo unit in leaked PDEA docs sold in 2012

Maricel Soriano says condo unit in leaked PDEA docs sold in 2012.....»»

Category: newsSource:  sunstarRelated NewsMay 7th, 2024

Striking drivers, operators face financial woes

For single-unit operators like Chel Mallonga, 45, the impact of the government’s Public Utility Vehicle Modernization Program (PUVMP) would be drastic. Once consolidation pushes through, single-unit operators will no longer be granted franchises. The post Striking drivers, operators face financial woes appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 17th, 2024

CCPO to launch new police unit to help hasten investigations

CEBU CITY, Philippines — The Cebu City Police Office (CCPO) will be launching a new support unit tasked with aiding general investigators at all 11 police stations in the city in conducting criminal investigations. This announcement was made by Police Lieutenant Colonel Janette Rafter, Deputy Director for Operations of the CCPO, who spoke to reporters.....»»

Category: newsSource:  inquirerRelated NewsApr 16th, 2024

Army unit holds peace dialogue with Basilan FVEs

Army unit holds peace dialogue with Basilan FVEs.....»»

Category: newsSource:  sunstarRelated NewsApr 13th, 2024

Condo unit nga nahulgan sa bata gipasirhan una

Condo unit nga nahulgan sa bata gipasirhan una.....»»

Category: newsSource:  sunstarRelated NewsApr 12th, 2024

Cebu City OBO temporarily closes condo unit after child’s fatal fall

Cebu City OBO temporarily closes condo unit after child’s fatal fall.....»»

Category: newsSource:  sunstarRelated NewsApr 11th, 2024

OBO Cebu City suspends operations of condo unit where kid fell

CEBU CITY, Philippines — The Office of the Building Official, or OBO, in Cebu City has temporarily suspended the operations of the condo unit where the four-year-old kid fell and died. This after the OBO, headed by its head, Architect Florante Catalan, conducted an ocular inspection on Thursday morning, April 11. READ: Boy dies after.....»»

Category: newsSource:  inquirerRelated NewsApr 11th, 2024

PLDT puts up new unit for data centers

Telco leader PLDT Inc. has formed a new unit under its technology arm, delegating it with the task of building and operating data centers......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

Bakit nadamay si Mayor Bullet Jalosjos sa hiwalayang Dominic at Bea?

LUMUTANG ang pangalan ni Dapitan Mayor Bullet Jalosjos bilang ang politikong nagmamay-ari umano ng condo unit na tinitirhan ni Dominic Roque. Nadawit ang alkalde sa hiwalayang Dominic at Bea Alonzo dahil siya ang itinuturong owner daw ng condo unit na ginagamit ngayon ng dating aktor. Ang nasabing condo ay matatagpuan sa Pasig City at matagal.....»»

Category: newsSource:  inquirerRelated NewsFeb 13th, 2024

Mobile phones top most financed unit

Mobile phones top most financed unit.....»»

Category: newsSource:  sunstarRelated NewsFeb 9th, 2024