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Analysts paint rosier economic picture for 2024

The country’s strong economic growth is likely to be sustained this year on the back of rising exports and robust private consumption, according to the Department of Trade and Industry as well as private banks......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

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 […].....»»

Category: newsSource:  metrocebuRelated NewsApr 24th, 2024

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

Mikee kay Paul: ‘Grabe ‘yung growth niya, parang 10 years tinanda niya…’

AYON sa Kapuso star na si Mikee Quintos, malaki na ang ipinagbago ng kanyang boyfriend na aktor na si Paul Salas, lalo na pagdating sa pagiging seloso nito. Ito ang naikuwento mismo ni Mikee nang makachikahan siya sa podcast interview ng “Updated with Nelson Canlas.” “Rapid nga ‘yung growth niya since I met him,” chika.....»»

Category: newsSource:  inquirerRelated NewsApr 21st, 2024

An isolation state of mind

It was April of 1998, a week before my birthday, when my wife Karen asked what my plans were for my birthday. I automatically replied “none really” since we had just moved to a tiny rental house. Karen replied by pointing out that it had been four years since my dad Louie Beltran died (1994) and I had not had a birthday party since......»»

Category: newsSource:  philstarRelated NewsApr 21st, 2024

Philippines manufacturing output sustains growth in December 2023

MANILA, Feb. 7 (Xinhua) -- The performance of manufacturing production in the Philippines sustained its growth in December 2023, the Philippine Statistics Authority (PSA) said Wednesday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) increased by 2.6 percent and 2 percent in December, respectively......»»

Category: newsSource:  manilanewsRelated NewsFeb 8th, 2024

Bello’s cyber libel trial set on Feb. 26

DAVAO CITY (MindaNews / 22 February)—The trial of defeated vice presidential candidate Walden Bello for the two counts of cyber libel charges has been scheduled for Feb. 26 at the Regional Trial Court Branch 10 in Davao City. The hearing was originally set for Feb. 1 but it was postponed following the work and classes […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 22nd, 2024

Philippines Feb. 6 landslide death toll rises to 37, search continues

MANILA, Feb. 11 (Xinhua) -- The death toll from a landslide in the southern Philippines has risen to 37, the government said Sunday, as rescue workers comb mud and rubble in search for the over 60 missing people. The landslide hit the mountain town of Maco in Davao de Oro province on the evening of Feb. 6, burying several homes, vehicles and dozens of people. Previous reports said 35 people were found dea.....»»

Category: newsSource:  manilanewsRelated NewsFeb 12th, 2024

Philippines Feb. 6 landslide death toll rises to 37, search continues

MANILA, Feb. 11 (Xinhua) -- The death toll from a landslide in the southern Philippines has risen to 37, the government said Sunday, as rescue workers comb mud and rubble in search for the over 60 missing people. The landslide hit the mountain town of Maco in Davao de Oro province on the evening of Feb. 6, burying several homes, vehicles and dozens of people. Previous reports said 35 people were found dea.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 11th, 2024

Signature campaign for Charter change: ‘Rife with anomalies’

IBON Foundation notes that the logic behind the push for economic Cha-cha is “fundamentally flawed.” “More foreign investment does not mean development,” IBON states, adding that despite the increase in annual foreign investment inflows since the 1980s, this did not translate to growth and development for the Philippine economy. The post Signature campaign for Charter change: ‘Rife with anomalies’ appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 5th, 2024

17 years since the disappearance of Jonas Burgos, activists continue to be abducted

Human rights groups and families of victims of enforced disappearances held a “Sunset Gathering” at Bantayog ng mga Bayani to symbolize their continuing search for truth and justice. The post 17 years since the disappearance of Jonas Burgos, activists continue to be abducted appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 4th, 2024

Groups commemorate 38th year since toppling of dictator Marcos Sr.

"They do not want to commemorate the EDSA People Power because this will remind them of the day that people the overthrew them from Malacañang." The post Groups commemorate 38th year since toppling of dictator Marcos Sr. appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 26th, 2024

37 years since Mendiola Massacre, violence against farmers continues

“There is still no justice up until today. There is still no genuine land reform. Landlessness remains a fundamental problem for our Filipino farmers and no program addresses these problems." The post 37 years since Mendiola Massacre, violence against farmers continues appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 1st, 2024

Michigan reports first measles case since 2019 outbreak: What to know

Michigan health officials have confirmed the state’s first case of measles since the 2019 outbreak, with a child in Oakland County testing positive for the.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 26th, 2024

Xinhua Asia-Pacific news summary at 1600 GMT, March 11

SEOUL -- South Korea's export fell in double digits in the first 10 days of March due to fewer business days, customs office data showed Monday. Export came to 13.54 billion U.S. dollars in the 10 days, down 13.4 percent compared to the same period of last year, according to Korea Customs Service. (South Korea-Exports) - - - - VIENTIANE -- Participants in the 30th ASEAN Economic Ministers' Retreat.....»»

Category: newsSource:  manilanewsRelated NewsMar 12th, 2024

BrahMos supersonic cruise missile system exports to begin in next 10 days: DRDO chief

By Ajit DubeyNew Delhi [India], January 25 (ANI): India will begin the export of ground systems for the BrahMos supersonic cruise missile in the next 10 days while the missiles of the system would be sent by March this year, DRDO chairman Dr Samir V Kamat said on Thursday. The Defence Research and Development Organisation chairman, in an interview with ANI, said the first set of BrahMos missile systems is expected to reac.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 2024

BrahMos supersonic cruise missile system exports to begin in next 10 days: DRDO chief

By Ajit DubeyNew Delhi [India], January 25 (ANI): India will begin the export of ground systems for the BrahMos supersonic cruise missile in the next 10 days while the missiles of the system would be sent by March this year, DRDO chairman Dr Samir V Kamat said on Thursday. The Defence Research and Development Organisation chairman, in an interview with ANI, said the first set of BrahMos missile systems is expected to reac.....»»

Category: newsSource:  philippinetimesRelated NewsJan 25th, 2024