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NIA gears up for ‘strong El Niño’
CEBU CITY, Philippines — The National Irrigation Administration (NIA) in Cebu and Central Visayas has already created plans to combat the negative effects of the el Niño. Engineer Kieth Monteroso of NIA Cebu, said in a press briefing on Tuesday, Jan. 30, that NIA had already crafted their El Niño Action Plan which included mitigating.....»»
Malixi, 3 others shoot for title in WAAP golf tilt
Rianne Malixi, coming off a breakthrough victory in Australia, is poised for another shot at golfing glory as she gears up for the Women’s Amateur Asia-Pacific Championship unfolding on February 1 in Thailand......»»
Workers slam anti-people impounding of unconsolidated jeepneys starting February 1
Labor group Kilusang Mayo Uno (KMU) condemned the latest development in the controversial public utility vehicle modernization program (PUVMP) as the government gears up to stop the operation of unconsolidated jeepneys starting February 1......»»
Cesafi men’s volleyball: UC gears up for war after stellar elimination round campaign
CEBU CITY, Philippines — The University of Cebu (UC) Webmasters men’s volleyball team won’t leave a single stone unturned as they head into the semifinals of the Cebu Schools Athletic Foundation, Inc. (CESAFI) men’s volleyball tournament. UC was on top of the team standings last weekend before they finished with a four-way tie. They now.....»»
Que seeks record win at TCC Invitational
Angelo Que is putting emphasis on mental preparation as he gears up for a record victory against a formidable field in The Country Club Invitational reeling off Jan. 23 at the demanding TCC course in Canlubang......»»
Que eyes record win in TCC Invitational golf tourney
Angelo Que is putting emphasis on mental preparation as he gears up for a record victory against a formidable field in The Country Club Invitational reeling off January 23 at the demanding TCC course in Canlubang......»»
From the Newsrooms: May 12 to 18, 2024
By: CMFR StaffPosted on: May 20, 2024, 11:48 am WHO IS Alice Guo? The question remains unanswered even as the media grapple with information about the identity and citizenship of the woman who was elected as mayor of Bamban in Tarlac province. The case has sparked questions and concerns that Alice Guo may be part of surge of immigration from the People's Republic of China and their pos.....»»
SMC profit jumps 61% in January-March
Conglomerate San Miguel Corp. reported a 61-percent surge in its net income before accounting for foreign exchange adjustments to P14.5 billion in the first quarter......»»
Agriculture loans surge to P3.2 trillion
Loans extended by banks to the agriculture sector significantly rose to P3.2 trillion as of June 2023 from the P848 million agri-agra credit allocated in the same period in 2022, the Bangko Sentral ng Pilipinas said......»»
Philippines FDI net inflows grow by 29.3 pct in February
MANILA, May 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 29.3 percent in February to reach 1.4 billion U.S. dollars, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) attributed the surge in FDI inflows in February to the 927.3 percent expansion in nonresidents' net investments in equity capital, excluding reinvestment of earning.....»»
Surge in consumer spending seen this year
Consumer spending in the Philippines is expected to surge this year due to easing inflationary pressures, healthy employment conditions and lower borrowing costs, according to BMI Country Risk & Industry Research......»»
MPIC earnings surge 30% to P5.6 billion in Q1
Core earnings of conglomerate Metro Pacific Investments Corp. soared by 30 percent to a record high of P5.6 billion in the first quarter on strong performances by its business units......»»
JG Summit income triples
Conglomerate JG Summit Holdings Inc. of the Gokongwei family saw a surge in its core profit in the first quarter following strong contributions of its food, real estate and air transport businesses, coupled with the gains realized from its bank merger......»»
GOCC dividends surge to P88.6B - The Manila Times
DIVIDEND remittances from state-owned firms have ballooned to almost P89 billion just a little over four months into 2024, Finance Secretary Ralph Recto said on Monday. The government was said to have collected P88.6 billion from 47 government-owned and -controlled corporations (GOCCs) as of May 6, 11 times higher than the P8 billion recorded during the same period last year. "These dividends form a major source of n.....»»
PH Inflation Up To 3.8% in April 2024
The country’s headline inflation saw a slight uptick in April 2024, according to a report by the Philippine Statistics Authority (PSA) released on May 7, 2024. The said increase brings the cumulative inflation rate to 3.4% for January to April 2024, much lower than April 2023 at 6.6%. Factors Driving the Increase The surge in […].....»»
Government readies for surge in cruise tourism
The Philippines expects to welcome at least 300,000 travelers from cruise ships this year – more than triple from 2023 – as the government prepares for their entry by building dedicated terminals in tourist sites......»»
Samsungs Profits Soar Due to AI Boom
Samsung Electronics is expecting a surge in demand for artificial intelligence (AI) and facing a shortage of high-end chips in the market. The tech giant’s.....»»
Grids still on alert amid demand surge
Power grids across the country remained on alert yesterday, according to the National Grid Corp. of the Philippines......»»
Charting a course for energy security
Midway through the dry season, the Philippine Atmospheric Geophysical and Astronomical Services Administration has already issued warnings of dangerously escalating heat indexes. Consequently, this forecast signals a looming surge in energy demand, posing a significant challenge for the country amid ongoing issues with power supply......»»
NDAP, Nestlé promote proper nutrition with Nutrition Masterclass Interschool Competition
In the era of social media, there are multiple ways of creating content that’s easily accessible for online audiences and as a result, there is also a surge in popular but unfounded nutrition and health information being spread on the internet......»»