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DigiPlus earmarks P2 billion for 2024 capex
Fast-growing digital entertainment company DigiPlus Interactive Corp. plans to spend as much as P2 billion this year as it looks to sustain its growth momentum and ramp up its digital offerings......»»
Jollibee spending P23 billion for capex
Jollibee Foods Corp. is spending as much as P23 billion this year to sustain its growth momentum after posting strong profitability in 2023......»»
NEDA Optimistic on Economic Growth in the PH for 2024
National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan expressed optimism about the country’s economic growth for 2024. According to Balicasan, major development organizations like the IMF, ADB, and the World Bank expect the country to have an economic growth rate of at least 6%. The IMF projects a growth rate of 6.2%, the ADB […].....»»
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......»»
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.....»»
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.....»»
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......»»
D& L bonds maintain top credit rating
D&L Industries Inc., the country’s leading specialty food ingredients and oleochemicals producer, has maintained the highest credit rating for its outstanding bonds......»»
Saving Money Amidst Rising Prices
Saving money while prices are on the rise can be difficult, especially when the costs of basic commodities such as food, water, and electricity are also increasing. It’s easy to say that cutting back on purchases will help us save, but in reality, it’s not always viable. In such bad situations, how can we maintain […].....»»
Ejercito files reso calling for probe into alleged doctor – pharma collusion
MANILA, Philippines — Senator JV Ejercito has filed a resolution calling for an investigation into the alleged connivance of some physicians and pharmaceutical companies in prescribing medicine. “To maintain the honor and integrity of the medical profession, Congress may initiate reforms through legislative measures to protect the best interests of doctors and their patients from.....»»
Cops told to remove visible tattoos to keep professional image
CEBU CITY, Philippines – Policemen with visible tattoos even when wearing their uniform must remove their body art to maintain a professional image. This was the instruction stated in Memorandum Circular 2024-023 regulating the bearing and sporting of tattoos among law enforcers, applicants, and cadets in the academy. Police Lieutenant Colonel Gerard Ace Pelare, spokesperson.....»»
Meralco, DOE urge firms to join ILP to ensure power supply sufficiency
The Manila Electric Company (Meralco) and the Department of Energy (DOE) called on companies to participate in the government's Interruptible Load Program (ILP) to help maintain adequate power supply during the warm and dry season......»»
Swiatek-Raducanu next
World No. 1 and defending champion Iga Swiatek reached the quarterfinals of the WTA Stuttgart clay-court tournament by beating Elise Mertens on Thursday, her ninth win in nine matches at the French Open warm-up event. Swiatek beat the unseeded Belgian 6-3, 6-4 to maintain her bid to capture a third successive title and a third luxury car from the sponsors after also winning the tournament in 2022. She faces former US Open champion Emma Raducanu for a place in the semifinals. .....»»
Xinhua world economic news summary at 1100 GMT, April 19
CAIRO -- The Egyptian cabinet approved on Thursday the establishment of a special free zone to manufacture, maintain, and export marine yachts to meet standards on par with those of Europe and other international counterparts, according to a government statement. The special free zone, named the Suez Canal Company for Modern Boats, will span 51,150 square meters south of Safaga town along the Red Sea coast, more.....»»
US top diplomat for East Asia to visit China amid tensions in South China Sea
Washington, DC [US], April 14 (ANI): US Assistant State Secretary for East Asian and Pacific Affairs Daniel J. Kritenbrink is set to begin his visit to China today (Sunday) to meet Chinese officials as part of ongoing efforts to maintain open lines of communication between the two countries. The US official, Kritenbrink, will be on his visit to China from April 14 to 16. "Assistant Secretary of State for East Asian and Pa.....»»
Oil prices hit fresh five-month high
Oil prices scored fresh five-month peaks Wednesday on unrest in the crude-rich Middle East and an OPEC+ call for its members to maintain its strategy of reducing output......»»
Biden tells China s Xi to stay out of US elections
Washington - President Joe Biden again warned Chinese President Xi Jinping against meddling in the November U.S. presidential election during the two leaders' phone call Tuesday. The call is part of U.S. efforts to maintain "open lines of communication to responsibly manage competition and prevent unintended conflict," the White House said.In various engagements, the U.S. has raised its "continual reinforcement.....»»
NBA: Hawks hold off Celtics in NBA overtime thriller
Dejounte Murray drilled the go-ahead jump shot in the final second of overtime to lift the Atlanta Hawks to a 123-122 victory over Boston Thursday, their second win over the NBA-best Celtics in four days. Murray scored all 11 of the Hawks points in overtime, posting a career-high of 44 to help the Hawks maintain.....»»
EDITORIAL - NFA housecleaning
With rice retailed at P20 per kilo still stuck in the realm of aspiration, a scandal has erupted in the National Food Authority, which is tasked to maintain a rice buffer stock for the country by buying from local farmers......»»
Single mistake can trigger SCS conflict – Marcos
A single mistake or a misunderstood move could lead to a conflict in the South China Sea, President Marcos said, as he expressed support for efforts to maintain peace in the disputed area while easing up the rhetoric of parties involved in the maritime row......»»