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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......»»
BSP governor says February rate cut not likely
In statements made to the press, BSP Governor Eli Remolona said that due to the “numbers we are seeing” a rate cut “is not likely (on) February 15”, which is the next scheduled meeting date for the BSP’s Monetary Board......»»
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......»»
Inflation likely to continue downtrend – Global Source
Inflation in the country is likely to continue to slow down, but the Bangko Sentral ng Pilipinas is expected to keep the interest rate higher for longer, according to GlobalSource Partners......»»
Most Filipinos reject Charter change, lifting foreign ownership restrictions
An overwhelming majority of Filipinos oppose changing the 1987 Constitution at this time, according to a new Pulse Asia Survey, with results showing Filipinos in all regions and all socio-economic classes did not support the lifting of foreign ownership restrictions in key industries......»»
5 things you didn’t know Filipinos designed, invented
Be proud! At the recent opening of “Art x Design: A Special Reception of the 50 Years of Philippine Design and Beyond” exhibition in National Museum of Fine Arts, it was revealed that there are at least five things that Filipinos indeed designed and invented and have since been useful not only to Filipinos, but to humankind......»»
Migration boom: Filipinos studying in Canada up by 50% in 2023
More Filipinos are arriving in Canada by droves to further their education there with nearly 49,000 Filipinos holding Canadian study permits in 2023, an increase of around 50% from the previous year......»»
Chinese New Year Colors Explained for Filipinos
Every Chinese New Year, Filipinos see splashes of red and yellow everywhere in the form of lanterns and envelopes full of cash. While Chinese culture is all about luck, what Filipinos should know is that good luck is not actually found in the lanterns or envelopes themselves. Rather, the luck is in the colors. Just.....»»
Spring came early: February likely warmest on record amid climate change
While data has not been finalized, three scientists say that February is on track to have the highest global average temperature ever recorded for that month, thanks to climate change and the El Nino.....»»
More Pinoys do buy now, pay later transactions
Nearly 50 percent of respondents in the Philippines are likely to adopt buy now, pay later services for future transactions, according to a survey from consumer research and data analytics company Milieu Insight......»»
Did hocus-PCOS do this in your town in 2022?
This town of 30 barangays had only 153 precincts in Election 2022. Yet four candidates for mayor got identical votes in many precincts. In others, the three “losers” got 1, 2 or 3 additional or fewer votes......»»
Fewer ads take toll on GMA’s profitability
Broadcast giant GMA Network Inc. booked fewer advertising placements in the first quarter, causing its revenue to fall and consequently squeezing its profit......»»
Approved construction permits down by 5.5 percent in February
Approved building permits declined 5.5 percent in February from a year ago as fewer residential projects were started amid high borrowing costs......»»
Demand for PCs softens last year
Issues on government procurement and a decline in corporate demand led to fewer orders for personal computers last year, a global IT market intelligence firm said......»»
The Importance of Still Keeping Loose Change
In the Philippines, the convenience of digital payments is quickly becoming the norm. There are now fewer lines to the ATMs every payday, people are now using their phones more for payments, and digital banks are becoming more prevalent. Amidst the digital transformation the country is undergoing, we often hear “I don’t have cash” from […].....»»
DOF mulls mining tax tweaks for royalties, windfall profits
The Department of Finance is pushing for higher rates and fewer tiers in taxing the extractive sector, but the mining industry argued that the proposed structure would make the sector more uncompetitive......»»
2 long wanted vehicle thieves arrested in Pagadian City
Two notorious carnappers implicated in no fewer than 20 heists in Zamboanga del Sur in Region 9 and in nearby provinces in the Bangsamoro region were arrested by policemen two hours after they stole a new multi-purpose motorcycle trike in Pagadian City on Tuesday night......»»
Smaller crowd joins CDO’s Black Nazarene procession
CAGAYAN DE ORO CITY (MindaNews / 9 January) – Thousands of devotees braved the cold weather Tuesday dawn to join the “traslacion” or procession of the Black Nazarene, with the crowd conspicuously smaller compared to the past years as the city government did not declare today, January 9, a holiday, an official said. Although fewer […].....»»
Fewer devotees join traslacion in CDO
Close to 20,000 devotees from the Visayas and Mindanao joined the traslacion in this city yesterday......»»