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Seafood exports from far eastern Russia soaring
The region supplied nearly 2 million tons of fish products to twenty countries last year Russia's seafood exports from the fish-rich Far Eastern Primorsky and Sakhalin regions surged by over 70% last year, data published by the Russian regulator responsible for food safety, Rosselkhoznadzor, showed on Thursday. .....»»
CHED approves 20th public medical school
The Commission on Higher Education has approved the establishment of the first state medical school open to all kinds of enrollees in the Eastern Visayas region. .....»»
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.....»»
Security Bank sees 5.8 percent economic growth in Q4
Security Bank Corp. believes the Philippine economy grew by 5.8 percent in the fourth quarter last year, bringing the full-year gross domestic product growth to 5.6 percent in 2023......»»
PSA-RSSO 8 awards Outstanding Stakeholders in Eastern Visayas
The Philippine Statistics Authority -Regional Statistical Services Office VIII (PSA-RSSO 8) recognized its partner organizations and individuals who have been instrumental in the success of PSA programs and activities for the past 10 years......»»
Cloudy skies, isolated rain showers expected in many parts of PH today – Pagasa
MANILA, Philippines – Sunday’s weather forecast nationwide predicts cloudy skies, isolated rain showers, and possible thunderstorms. The conditions are influenced by the shear line, northwest monsoon, or “amihan,” particularly impacting the central and eastern parts of the Visayas and Mindanao. “Rain is expected in many parts pf the country due to the shear line or.....»»
MAV suspension plan up for review
The Department of Agriculture plan to suspend the minimum access volume on pork and corn would undergo the scrutiny of the government’s economic cluster, a DA official said yesterday......»»
BCCP raises concerns over plans to curb meat imports
The British Chamber of Commerce Philippines expressed concerns on the agriculture department’s plan to temporarily suspend the minimum access volume on corn and pork......»»
DA: Shear line agriculture damage reaches P137 million
The shear line’s damage to the agriculture sector in Davao and Caraga reached P136.57 million covering at least 9,043 hectares of rice and corn, according to the Department of Agriculture......»»
Shear line damages P172-M worth of agri products, infra in Davao region
DAVAO CITY (MindaNews / 23 January) – The recent heavy rains brought by the shear line destroyed at least P172 million worth of agricultural products and infrastructure in the Davao region. Data from the Department of Agriculture – Davao region (DA-Davao) said the initial damage to palay, corn and other high-value crops reached P145.3 million. […].....»»
Prices expected to remain elevated until Q3
The Bangko Sentral ng Pilipinas sees inflation quickening further and staying above the two to four percent target until the third quarter due to the negative impact of weather conditions on agricultural production......»»
RCBC income nets P2.2 billion in Q1
Rizal Commercial Banking Corp. reported a net profit of P2.2 billion in the first quarter, 39.4 percent lower compared to the P3.64 billion recorded in the comparable quarter last year......»»
Sy-led Dominion Holdings books higher income in 1st quarter
Earnings of Dominion Holdings Inc. (formerly BDO Leasing & Finance Inc.) jumped by 30 percent to P75.9 million in the first quarter from P58.3 million in the same period last year......»»
PMI, ARQ, ZIP Sanman boxers feted in first Elorde-Pacquiao Boxing Awards
CEBU CITY, Philippines — Central Visayas was well-represented during the inaugural Elorde-Pacquiao Boxing Awards at Okada Manila last Sunday, March 24th. This was after 13 of Central Visayas’ best boxers from Cebu and Bohol were feted for their achievements in 2023. They were headed by none other than former World Boxing Organization (WBO) world minimumweight.....»»
Why Saving More than 20% Can Boost Your Finances
The 50/30/20 budgeting rule is a popular financial guideline that suggests allocating 50 percent of your income to needs, 30. percent to wants, and 20 percent to savings and debt repayment. While saving 20 percent is a significant step towards financial security, there are compelling reasons to push beyond this benchmark if your budget allows. […].....»»
Inflation likely breached upper 4 percent target in April
Headline inflation is expected to settle within the range of 3.5 to 4.3 percent in April, from a three-month high of 3.7 percent in March, possibly breaching the upper four percent target of the Bangko Sentral ng Pilipinas......»»
Philippines inflation rate slows to 2.8 pct in January
MANILA, Feb. 6 (Xinhua) -- Year-on-year inflation in the Philippines further eased to 2.8 percent in January from 3.9 percent in December 2023, the Philippine Statistics Authority (PSA) said on Tuesday. PSA head Dennis Mapa told a press conference that the January inflation rate is the lowest since the 2.3 percent inflation rate was recorded in October 2020. In January 2023, inflation rate was 8.7 percent.....»»
Latest surveys are results of inflationary sugar cartel
High prices clobbered 72 percent of Filipinos in December. Inflation strained them worse than low wages, 40 percent; joblessness, 28 percent and poverty, 25 percent, Pulse Asia’s survey shows......»»
Factory activity eases in March
The growth in Philippine manufacturing activity eased slightly to 50.9 percent in March from 51 percent in February as production levels declined amid material shortages......»»