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Cebu Daily Newscast: CCLEX-Guadalupe ramp: P6B project set to boost Cebu’s economy
Listen to Cebu Daily Newscast to know the latest news in and outside Cebu. Here are the latest news as of Thursday, April 18. CCLEX-Guadalupe ramp: P6B project set to boost Cebu’s economy Cebuanos can anticipate a significant impact on Metro Cebu’s economy following a substantial investment increase by a unit of Metro Pacific Tollways.....»»
Open ocean salmon farm a win for the economy
The final approval of New Zealand King Salmon's Blue Endeavour open ocean aquaculture project is a significant step for New Zealand's aquaculture, and a win for the economy, Oceans and Fisheries Minister Shane Jones says. "Blue Endeavour will be the first open ocean aquaculture salmon farm in New Zealand. It's going to provide more jobs for the Marlborough region and benefit our economy b.....»»
Race for global economic dominance sees striking turn of fortunes - ex-IMF official
The assumption that China will eventually overtake the US as the world's largest economy now seems less certain, Eswar Prasad has said The US has extended its lead over China in the race for the globe's largest economy, Bloomberg reported on Friday. The American economy defied forecasts in outperfo.....»»
Xinhua world economic news summary at 0830 GMT, Jan. 18
DAVOS, Switzerland -- Although the global economy is facing sluggish growth and numerous challenges, business leaders attending the 54th annual meeting of the World Economic Forum (WEF) remain confident over the prospects of the Chinese economy. Over recent years, China has been an important engine for the global economy. China's gross domestic product (GDP) posted a growth of 5.2 percent year-on-year in 2023, h.....»»
Philippines to achieve upper middle-income status by 2031
The Philippines is projected to be an upper middle-income economy by 2031, past the government’s target of reaching the status by 2025, amid a broader growth slowdown in the Association of Southeast Asian Nations (ASEAN) economy, ANZ Research said......»»
Economy grew by 5.6% in 2023
The Philippine economy expanded at a slower pace in 2023 than the previous year, falling below the government’s growth target amid high inflation and interest rates that affected consumption......»»
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......»»
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......»»
MUP pensions, Maharlika Fund pose risks to PH economy, says new study
Dr. Margarita Debuque-Gonzales, a former senior research fellow of government think-tank PIDS, says the Filipino people ‘should be the ones to monitor the Maharlika Fund because this is your fund’.....»»
PLDT s Davison cites team s growing PVL fanbase
Savi Davison looked beyond the four corners of the volleyball court as she reflected on the growth of the PLDT High Speed Hitters after playing their final game of the 2024 PVL All-Filipino Conference......»»
DA cites serious implications of banning genetically modified products
By Kris M. Crismundo MANILA, Dec 17 (PNA) — The Department of Agriculture Biotechnology Advisory Team (DA-BAT) has cited serious implications of the Supreme Court’s (SC) decision of banning “the use, testing,........»»
WFP head cites Philippines food stamp program
The Philippines’ food stamp program has been lauded by the World Food Program......»»
PCCI cites economic benefits from Philippines-EU FTA
The country’s largest business organization welcomed the announcement of the resumption of the free trade agreement negotiations between the Philippines and the European Union as it expects the deal to bring economic benefits for both parties......»»
NU cites intense preparation in masterclass win vs UE
Preparation was the key factor for the National University Lady Bulldogs as they pulled off a lopsided victory over the UE Lady Warriors......»»
MILF cites non-Moro governor’s support to peace process
The Moro Islamic Liberation Front on Wednesday awarded a non-Muslim governor of a province outside of the Bangsamoro region a special citation for supporting the peace overture between the MILF and Malacañang since its inception in 1997......»»
House panel cites Quiboloy for contempt for snubbing SMNI franchise hearings
MANILA, Philippines — Kingdom of Jesus Christ (KJC) founder Apollo Quiboloy has been cited for contempt for still refusing to attend the House of Representatives committee on legislative franchises hearing on the Sonshine Media Network International (SMNI) issue. Surigao del Sur 2nd District Representative Johnny Pimentel moved to hold Quiboloy in contempt after the latter still failed.....»»
House panel cites Quiboloy in contempt for snubbing SMNI franchise hearings
The House legislative franchises committee cited embattled preacher Apollo Quiboloy in contempt after he again refused to attend the panel’s hearing into the alleged franchise violations by the television network connected to his church......»»
DepEd objects to foreign control of schools via Cha-cha, cites national security risk
The Department of Education on Monday drew the line at allowing foreign “entities” to own schools in the Philippines as proposed in two Charter change resolutions, saying that the entry of 100% foreign-operated schools in basic education will pose a threat to students’ sense of nationality and the country’s security......»»
US cites Japan’s increased contacts with Indo-Pacific nations
The US has cited Japan’s increased contacts with the Philippines, South Korea and Australia and working with the partners in the region, as Tokyo takes leadership roles in protecting global security......»»
Marcos Jr. lauds DepEd, cites gains under Sara
Despite having the “most difficult mandate,” the Department of Education has been able to set the stage for a “modern and responsive” educational system under its current leadership, President Marcos said yesterday......»»