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Philippines GDP growth slows to 5.6 pct in 2023
© Provided by Xinhua MANILA, Feb. 1 (Xinhua) -- The Philippine economy grew by 5.6 percent in 2023 after expanding by 5.6 percent in the fourth quarter, below the 6 to 7 percent target range for 2023 set by the government, the Philippine Statistics Authority.....»»
Philippines GDP growth slows to 5.6 pct in 2023
© Provided by Xinhua MANILA, Feb. 1 (Xinhua) -- The Philippine economy grew by 5.6 percent in 2023 after expanding by 5.6 percent in the fourth quarter, below the 6 to 7 percent target range for 2023 set by the government, the Philippine Statistics Authority.....»»
Bank credit growth slows anew in November
The expansion of credit in the country slowed anew in November 2023 due to still elevated interest rates, the Bangko Sentral ng Pilipinas said......»»
Digital times call for digital measures
The Bureau of Internal Revenue has recognized the undeniable rise of digital commerce in the Philippines by promulgating Revenue Regulation16-2023, issued on Dec. 21, 2023, and Revenue Memorandum Circular 08-2024, issued on Jan. 15, 2024, respectively......»»
Philippines Says Catholic Mass Bombing Mastermind Is Dead
Manila, Philippines - The alleged mastermind of a bombing at a Catholic Mass in the southern Philippines has died after a clash between members of a pro-Islamic State group and government troops, officials said Monday.Four people were killed and dozens wounded in the Dec. 3 attack on worshippers inside a university gym in Marawi, the country's largest Muslim city, that was later claimed by the Islamic State grou.....»»
Philippines Says Catholic Mass Bombing Mastermind Is Dead
Manila, Philippines - The alleged mastermind of a bombing at a Catholic Mass in the southern Philippines has died after a clash between members of a pro-Islamic State group and government troops, officials said Monday.Four people were killed and dozens wounded in the Dec. 3 attack on worshippers inside a university gym in Marawi, the country's largest Muslim city, that was later claimed by the Islamic State grou.....»»
BBM, Duterte threats and sleep deprivation
In December 2023, President Marcos Jr. scored an approval rating of 71 percent, up six points from 65 percent in October 2023, according to OCTA Research Group which polled 1,200 respondents during Dec. 10-14. Error margin was three percentage points, quite high, if you ask statisticians......»»
DOJ recommends filing of grave oral defamation vs abducted activists Tamano, Castro
In a 15-page resolution dated Dec. 12, 2023, it is said that the two activists’ sworn statements are different from their pronouncements during a press conference they held with the authorities after they emerged from their alleged abduction......»»
Rama takes leave, now in Singapore
CEBU CITY, Philippines — Cebu City Mayor Michael Rama is currently in Singapore, just more than a month since he returned from Australia last Dec. 16. The mayor disclosed this through Cebu City’s media arm, Sugboanon Channel’s ‘Ingna’ng Mayor’, on Thursday, Jan. 25. However, Rama did not disclose when he would come back to Cebu.....»»
DSWD’s 4Ps gets 60% satisfaction rating in Pulse Asia Survey
The Department of Social Welfare and Development (DSWD) on Tuesday (January 23) welcomed the result of the Ulat ng Bayan survey indicating that 62 percent of the 1,200 respondents were satisfied with the implementation of the Pantawid Pamilyang Pilipino Program (4Ps). The survey, which was conducted from Dec. 3 to 7, 2023 by Pulse Asia […].....»»
Missing secretaries
Last Dec. 22, 2023, US Defense Secretary Lloyd Austin checked into the Walter Reed National Military Medical Center in Maryland to undergo treatment for prostate cancer......»»
OCD welcomes partnership with Canada on disaster risk reduction
The Office of Civil Defense and officials of the Canadian embassy held a dialogue on areas of cooperation, focusing on OCD’s priority programs in civil defense and disaster risk reduction and management on Dec. 21, 2023, at Camp Aguinaldo in Quezon City......»»
FACT CHECK | Constitutionality, not ‘noble intentions’, basis for allowing joint ventures in West Philippine Sea – Supreme Court
In her column published on manilatimes.net on Dec. 23, 2023, Anna Malindog-Uy proposed, among others, possible joint ventures in the utilization of the resources in the South China Sea to pave the way for a non-confrontational resolution of maritime and territorial claims involving the Philippines and China. The article consistently used the term South China […].....»»
Drivers, operators of unconsolidated PUVs have options – OTC
t is the not the end of the line for public utility vehicle operators and drivers who were not able to consolidate or apply for consolidation of their franchises before the Dec. 31 deadline, as they still have options to sustain their livelihood, the Office of Transportation Cooperatives said yesterday......»»
Comelec mulls further limiting substitution due to withdrawal
Comelec mulls further limiting substitution due to withdrawal .....»»
Hamas sends delegation to Egypt for Hamas for further ceasefire talks
Hamas sends delegation to Egypt for Hamas for further ceasefire talks.....»»
No classes in Cebu province due to extreme heat
CEBU CITY, Philippines — All classes in Cebu province are suspended beginning Friday, April 5 until further notice as the summer heat became risky for teachers and students to go out. Governor Gwendolyn Garcia on Friday issued a memorandum, directing local governments under the province’s jurisdiction to cancel all classes until further notice. READ MORE:.....»»
Insurance penetration rate slips further to 1.6 percent
The insurance industry saw its net income rise to P48 billion last year, but its contribution to the overall economy slipped further for the second straight year to only 1.6 percent......»»
Further improvement in Philippines external position seen
The Bangko Sentral ng Pilipinas (BSP) sees a further improvement in the country’s external payments position this year due to a likely higher balance of payments (BOP) surplus and a narrower current account (CA) deficit......»»
NEDA: Further reforms needed in telco industry
The National Economic and Development Authority is pushing for the passage of an open access framework bill and key reforms in the country’s franchising and licensing regime to further promote competition in the telco sector......»»