We are sorry, the requested page does not exist
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.....»»
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.....»»
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......»»
From the Newsrooms: March 17 to 23, 2024
By: CMFR StaffPosted on: March 25, 2024, 8:00 amUpdated on: March 25, 2024, 1:00 am THIS WEEK, "From the Newsrooms" looks at the media coverage of two events. On March 20, a hearing in the House on the Philippine Coast Guard (PCG) revealed that Chinese nationals were included in the Philippine Coast Guard Auxiliary (PCGA). On March 21, Arnolfo Teves, the alleged mastermind of the Pamplona.....»»
From the Newsrooms: March 17 to 23, 2024
By: CMFR StaffPosted on: March 25, 2024, 8:00 amUpdated on: March 25, 2024, 1:00 am THIS WEEK, "From the Newsrooms" looks at the media coverage of two events. On March 20, a hearing in the House on the Philippine Coast Guard (PCG) revealed that Chinese nationals were included in the Philippine Coast Guard Auxiliary (PCGA). On March 21, Arnolfo Teves, the alleged mastermind of the Pamplona.....»»
Council to appeal March 1 as special non-working holiday in Davao City
The Davao City Council is seeking to appeal to the national government to declare March 1 as a non-working holiday in honor of Araw ng Davao, the city's founding anniversary. Councilor Al Ryan Alejandre emphasized the importance of this appeal for the people of Davao, expressing hope that the president will grant their request. This initiative comes as a response to a new bill that designates March 1 as the new founding anniversary, shifting the traditional celebration date from March 16. Despite the bill and law designating March 1 as a working holiday, the council aims to annually request Malacañang to recognize it as a non-working holiday. The appeal is intended to ensure that Dabawenyos can actively participate in the festivities. Additionally, the executive committee of Araw ng Davao is in the final stages of organizing events and activities for the celebration. Discussions have been ongoing, with plans anticipated to be finalized soon. This move reflects the council's commitment to honoring and celebrating the city's heritage and traditions......»»
India, Philippines have seen very perceptible growth in recent times: Jaishankar
Manila [Philippines], March 26 (ANI): Hailing ties between India and the Philippines, External Affairs Minister S Jaishankar, who is on a visit to the Philippines on Tuesday, said that ties between Delhi and Manila have witnessed a very perceptible growth in recent times. Addressing a joint press briefing with Philippine Secretary of Foreign Affairs Enrique Manalo, Jaishankar said, "As you all know, India's ties with the.....»»
Indian banking sector continues to improve with better asset quality, high credit growth: Survey
New Delhi [India], March 21 (ANI): The health of the Indian banking sector continues to improve with better asset quality and high credit growth, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) showed. The eighteenth round of the survey was carried out for the period July to December 2023. Those banks that were surveyed together represent about 77 per cent of the banking i.....»»
China maintains defence budget growth despite economic travails
Hong Kong, March 12 (ANI): At the 14th National People's Congress, China announced its defence budget for 2024 and interestingly maintained the growth rate of its military expenditure at precisely the same percentage as last year, as Chairman Xi Jinping continues to prioritize the People's Liberation Army (PLA) at the expense of other sectors of government funding. Indeed, according to figures released on the opening day.....»»
5 drown in Philippines while swimming to cool off
MANILA, April 29 (Xinhua) -- Five people, including three children, have died Sunday from drowning in five separate incidents in the Philippines, police reported on Monday. Police said the fatal accidents occurred during outings to beat the scorching heat sweeping the country the past weeks. A 24-year-old female worker died while swimming in Laguna province along with fellow factory workers. A six-year-ol.....»»
PMI eyes use of Philippines tobacco in smoke-free products
Philip Morris International plans to use locally produced tobacco leaves in its smoke-free products following the inauguration of the P8.8-billion expansion of its local affiliate’s factory......»»
Titay’s Rosquillos Upgrades Facilities to Meet Increasing Demand
Liloan’s iconic bakery, Titay’s Rosquillos and Delicacies, founded by Margarita Frasco or Mama Titay in 1907, ushers in a new milestone with the groundbreaking of its new factory in Titay’s Poblacion, Liloan, on April 1, 2024, to meet the increasing demand for their products by locals and tourists. Titay’s, a brand that established the rosquillos.....»»
Factory gate prices ease in February
Producer prices declined at a slightly faster rate in February as electronic and food products posted slower upticks, according to the Philippine Statistics Authorit......»»
Factory gate prices decline in January
Producer prices of manufactured goods contracted in January due mainly to the slower increase in prices of computer, electronic and optical products, according to the Philippine Statistics Authority......»»
Factory activity rises slightly in February
Manufacturing activity picked up for the sixth consecutive month in February, fueled by improved demand conditions......»»
German manufacturing hits four-month low - S& P Global
Factory activity has dropped further than expected by economists, signaling a sharp downturn in the economy, data shows German manufacturing activity dropped well below expectations in February, indicating an accelerated rate of economic downturn, the latest data compiled by S&P Global has revealed. .....»»
Factory gate prices rise faster in December
Producer prices went up at a slightly faster pace in December from the previous month, driven largely by the manufacture of computer and electronic products......»»
Daily Gospel, March 28
This is the Daily Gospel for today, March 28, 2024, which is Holy Thursday (Evening Mass of the Lord’s Supper). READ MORE: Daily Gospel, March 27 Daily Gospel, March 26 Holy Gospel of Jesus Christ according to Saint John 13, 1-15. Before the feast of Passover, Jesus knew that his hour had come to pass.....»»
Daily Gospel, March 24
This is the Daily Gospel for today, March 24, 2024, which is Passion (Palm) Sunday. READ MORE: Daily Gospel, March 23 Daily Gospel, March 22 Holy Gospel of Jesus Christ according to Saint Mark 14, 1-72.15,1-47. The Passover and the Feast of Unleavened Bread were to take place in two days’ time. So the chief.....»»
Daily Gospel, March 17
This is the Daily Gospel for today, March 16, 2024, which is the Sunday of the fifth week of Lent. READ MORE: Daily Gospel, March 16 Daily Gospel, March 15 Holy Gospel of Jesus Christ according to Saint John 12, 20-33. Now there were some Greeks among those who had come up to worship at.....»»