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Why the dollar is still strong

Despite the ongoing wars in Ukraine and Gaza, Fitch’s credit rating downgrade of the US, the lowering of the US credit rating outlook to negative by Moody’s and a growing US debt burden, the US dollar has regained its strength......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Fitch sees Philippine economy growing by 6.4% in 2024

“We expect output growth to accelerate to 6.4 percent in 2024, reflecting base effects from a weaker 2023 and our assessment that policy rates have peaked. Consumer confidence has been weakening, but business confidence has recovered strongly.”.....»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

Weak exports still biggest hurdle to Philippines expansion

The Philippine export sector remains the biggest drag to economic expansion as it takes a hit from the slowdown in major trading partners, according to a unit of Fitch Solutions......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

Tourist arrivals seen to breach pre-COVID-19 levels

The country’s tourism sector is expected to sustain its recovery this year, with international arrivals hitting 8.21 million, effectively closing in to pre-COVID levels, according to a unit of Fitch Solutions......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

Supreme Court affirms NTC orders nixing 4 telcos’ 3G service bid

The Supreme Court (SC) has affirmed the orders of the National Telecommunications Commission (NTC) that junked the bid of Next Mobile Inc., now operating as NOW Telecom, and three other firms for a third-generation mobile communications technology or 3G radio frequency......»»

Category: newsSource:  philstarRelated NewsApr 28th, 2024

SC affirms woman s conviction for child abuse due to damaging remarks

The Supreme Court has upheld a conviction of a woman guilty of child abuse due to remarks that attacked the character, reputation and dignity of a minor......»»

Category: newsSource:  philstarRelated NewsApr 12th, 2024

DHSUD affirms support to local government, agencies

Firm support of local government units and bolstered coordination with other agencies has been committed by the Department of Human Settlements and Urban Development after the signing of a joint memorandum circular on public financial management......»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

Sandigan affirms Benguet ex-cashier’s 89-year sentence

The Sandiganbayan has affirmed the conviction of a former cashier of the Benguet provincial government for multiple counts of malversation of public funds over a cash shortage amounting to P4.08 million......»»

Category: newsSource:  philstarRelated NewsApr 4th, 2024

SC affirms ruling granting bail to ex-Masbate lawmaker, Napoles

The Supreme Court (SC) has affirmed a ruling of the Sandiganbayan that allowed businesswoman Janet Lim-Napoles and former Masbate congresswoman Rizalina Seachone-Laneta to post bail in the plunder charges filed against them in connection with the Priority Development Assistance Fund (PDAF) or pork scam......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

SEC affirms P2M fine vs NOW Corp., CEO

The case concerns the alleged misleading disclosures of NOW Corp. on the supposed P2.6 billion unpaid obligation to the Philippine government......»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024

PSAC affirms commitment to public-private collaboration

The Private Sector Advisory Council is ramping up efforts to foster economic growth and poverty reduction through collaboration between governments and the private sector......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

CA affirms doctor’s conviction for rape

The Court of Appeals has affirmed celebrity doctor Joel Mendez’s conviction in January 2020 for attempted rape and two counts of rape through sexual assault......»»

Category: newsSource:  philstarRelated NewsFeb 1st, 2024

SC affirms conviction of man caught with fake bills

The Supreme Court has upheld the conviction of a man arrested for possession and use of counterfeit Philippine peso bills......»»

Category: newsSource:  philstarRelated NewsJan 31st, 2024

Ombudsman affirms decision to indict ex-SRA chief

The Office of the Ombudsman has affirmed its earlier decision indicting former Sugar Regulatory Administration chief Hermenegildo Serafica for the delay in the procurement of farming tools worth P5.7 million......»»

Category: newsSource:  philstarRelated NewsJan 23rd, 2024

SC affirms lawyer’s dismissal for hiding murder case folder

The Supreme Court has upheld the dismissal from government service of a lawyer for hiding the records of the Ruby Rose Barrameda murder case in his file cabinet at Malacañang......»»

Category: newsSource:  philstarRelated NewsJan 20th, 2024

Extreme heat closing schools, widening learning gaps worldwide

Hena Khan, a ninth-grade student in Dhaka, Bangladesh, has struggled to focus on her studies this week as temperatures surpassed 40 degrees Celsius (104 degrees Fahrenheit) in the capital city.'There is no real education in schools in this punishing heat,' she said. 'Teachers can't teach, students can't concentrate. Rather, our lives are at risk.'Khan is one of more than 40 million students who have been.....»»

Category: newsSource:  manilanewsRelated NewsMay 1st, 2024

Regine, Ogie super proud sa anak na sasabak na sa junior high school

EMOSYONAL ang mag-asawang Ogie Alcasid at Regine Velasquez ngayong tutungtong na sa junior high school ang kanilang only son na si Nate. Sa kanya-kanyang Instagram page, proud na ibinandera ng celebrity couple ang pagtatapos ng kanilang anak sa grade school. Pareho nilang ipinakita ang litrato ni Nate na ngiting-ngiti sa camera at nakasuot ng white.....»»

Category: newsSource:  inquirerRelated NewsApr 27th, 2024

Incomplete

Next to a definite failing grade of “5” or singko, what many UP students dislike the most is an “INC” or Incomplete......»»

Category: newsSource:  philstarRelated NewsApr 23rd, 2024

Capturing life through lens

Capturing moments and appreciating the world around him, Ulymar Montero is eager to see where the next shutter will take him. Currently a Multimedia Arts student at University of Mindanao (UM), his artistic journey began in sixth grade when his family, who previously owned a photography studio, introduced him to the world of photography......»»

Category: newsSource:  sunstarRelated NewsApr 22nd, 2024

BOC seizes P37 million ‘kush’ from Thailand

The Bureau of Customs (BOC) has confiscated 30.952 kilos of “kush” or a type of high-grade marijuana with a street value of P37 million hidden inside six balikbayan boxes from Thailand......»»

Category: newsSource:  philstarRelated NewsApr 14th, 2024