Domestic demand likely softened in 2023
The Philippines is expected to have experienced a softening in domestic demand toward the end of 2023 due to a decline in consumer confidence and savings, according to UK-based think tank Pantheon Macroeconomics......»»
Philippines likely grew below target in 2023 – economists
The economy likely posted growth below the government’s target of six to seven percent in 2023, according to economists......»»
Philippines likely missed 2023 growth target
While some economists believe the Philippine economy likely grew faster in the fourth quarter, the overall expansion in 2023 is still expected to fall short of the six to seven percent target penned by the government’s economic managers......»»
Increasing demand for electric vehicles
The Department of Energy (DOE) in Mindanao has observed a growing demand for electric vehicles (EVs). Engr. Adrian Mel B. Delola, a Science Research Specialist II at DOE Mindanao Field Office, discussed this trend during the Kapehan sa Dabaw on January 15, 2024. He highlighted the impact of the Electric Vehicle Industry Development Act (Evida Law), implemented on April 15, 2022, which has contributed to the increasing interest in EVs. Delola acknowledged that the current cost of EVs is a concern but expressed optimism that as demand rises, the number of charging stations will increase and the cost of units will subsequently decrease. He also addressed the presence of hybrid models in key cities in Mindanao and the challenge of limited car dealerships facilitating their distribution. Additionally, Delola touched on the use of e-trikes, classified as light EVs under RA 11697, and the regulations regarding their weight and use on national highways. The DOE is working with various agencies to address issues related to the registration and use of e-trikes. Sellers are also advising consumers on the proper use of e-trikes for private purposes and cautioning against their use on national highways......»»
Eastridge leads Southwoods by 5, heading to final day
Jhondie Quibol softened Manila Southwoods’ day-long charge with a blistering seven-under-par 65 at the Del Monte Golf Club yesterday, helping Eastridge take a five-point lead into the final round of the 75th Philippine Airlines Men’s Interclub golf team championships......»»
IN MEMORIAM: Archbishop Fernando Capalla: Consistently, he embodied hope
BRISBANE (MindaNews / 08 January) –‘Blessed are the pure in heart…’ Fernando Capalla faced me from across his large desk, his elbows resting on his swivel’s armrests and his gaze softened by empathy. I and my wife Neng were there inside his cavernous study in late 2011, seeking his counsel over a moral dilemma we […].....»»
Economy likely grew by 6.2 percent in Q4
The Philippine economy likely posted a faster growth rate in the fourth quarter of 2023 than in the third quarter, supported by gains in the labor market, according to an economist......»»
Philippine economy growth may reach 6 pct to 7 pct in 2023: Marcos
MANILA, Jan. 11 (Xinhua) -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila......»»
Philippine economy growth may reach 6 pct to 7 pct in 2023: Marcos
MANILA, Jan. 11 (Xinhua) -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila......»»
55% in SEA ready for domestic travel for safe, budget-friendly destinations
55% in SEA ready for domestic travel for safe, budget-friendly destinations.....»»
They treated me like an animal- how Filipino domestic workers become trapped podcast
Migrants from the Philippines make up a huge percentage of domestic workers around the world. But when their employers are abusive, visa restrictions force them to choose between enduring more suffering or becoming illegal. By Margaret Simons Continue reading........»»
EDITORIAL - Victims of domestic violence
On National Women’s Month, advocates of women’s welfare are glad that a general in the Armed Forces of the Philippines is seeing his career derailed by accusations of domestic violence hurled by his estranged wife......»»
Bunye: Expectation of strong domestic bond market in 2024
Bunye: Expectation of strong domestic bond market in 2024.....»»
Domestic trade expected to improve this year
Domestic trade is seen improving this year on expectations of strong economic activity and continued slowdown in inflation, according to economists......»»
Domestic workers in 13 regions get pay hike
Domestic workers in 13 regions have received an increase in their salary, according to the Department of Labor and Employment......»»
Calabarzon domestic workers to get pay hike
Domestic workers in Calabarzon will get an increase in their monthly salary......»»
RTWPB-XI to conduct public hearing on minimum wage adjustment for private sector, domestic workers
RTWPB-XI to conduct public hearing on minimum wage adjustment for private sector, domestic workers.....»»
Rewind now highest-grossing Filipino film in domestic box office sales
Metro Manila Film Festival entry "Rewind" became the highest-grossing Filipino film in domestic box office sales with P815 million as of yesterday. .....»»
DOT eyes exceeding P1.5 trillion in domestic visitor receipts for 2024
Tourism Secretary Frasco said on Sunday that the Department of Tourism aims to outperform the previous domestic visitor receipts, citing last year's strong performance......»»
Dino vs Dina in 5th district ‘most likely’ in next polls
Dino vs Dina in 5th district ‘most likely’ in next polls.....»»
Indonesia s Prabowo Likely to Keep Close Ties With China
Taipei, Taiwan - Defense Minister Prabowo Subianto, once a fierce critic of China, has emerged as the likely winner of Indonesia's presidential election. His presumed victory, analysts say, is unlikely to lead to any major shifts in the Southeast Asian nation's relations with Beijing.However, concerns about work safety and environmental pollution linked to Chinese investments, as well as Beijing's claims in the.....»»