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Chinese economy to moderate in 2024: ADB
Manila [Philippines], April 12 (ANI): The Chinese economy is forecast to grow 4.8 per cent in 2024, amid a recovery of household consumption, ongoing property market adjustment, and weak external demand, according to the latest report published by the Asian Development Bank (ADB). The growth in the Asian economy is projected to moderate from a 5.2 per cent expansion last year. An uncertain external macroeconomic environme.....»»
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.....»»
PH media slam Chinese foreign ministry’s claims of manipulating WPS reports
Philippine media groups criticized the Chinese foreign ministry for suggesting that recent reports on Chinese harassment of Filipino vessels in the West Philippine Sea involved video manipulation and sensationalism to portray the Philippines as a victim. The Foreign Correspondents Association of the Philippines (Focap) and National Union of Journalists of the Philippines (NUJP) expressed offense.....»»
Diving tourism contributes 1.3 bln USD to Philippine economy in 2023
MANILA, Feb. 23 (Xinhua) -- Diving tourism contributed more than 73 billion pesos (1.3 billion U.S. dollars) to the Philippine economy in 2023, nearly twice the revenue the industry earned in 2022, the country's Department of Tourism said Friday. Diving tourism raked 37 billion pesos (661 million dollars) in revenue in 2022, Tourism Secretary Christina Garcia Frasco said at the Philippine International Dive Expo.....»»
Diving tourism contributes 1.3 bln USD to Philippine economy in 2023
MANILA, Feb. 23 (Xinhua) -- Diving tourism contributed more than 73 billion pesos (1.3 billion U.S. dollars) to the Philippine economy in 2023, nearly twice the revenue the industry earned in 2022, the country's Department of Tourism said Friday. Diving tourism raked 37 billion pesos (661 million dollars) in revenue in 2022, Tourism Secretary Christina Garcia Frasco said at the Philippine International Dive Expo.....»»
Signature campaign for Charter change: ‘Rife with anomalies’
IBON Foundation notes that the logic behind the push for economic Cha-cha is “fundamentally flawed.” “More foreign investment does not mean development,” IBON states, adding that despite the increase in annual foreign investment inflows since the 1980s, this did not translate to growth and development for the Philippine economy. The post Signature campaign for Charter change: ‘Rife with anomalies’ appeared first on Bulatlat......»»
Liberal laws, policy gaps: Rappler, ANC question need for Cha-cha to open economy
CHEERS TO Rappler and ANC's Market Edge for reviewing current laws that have opened up the economy to foreign investments. In doing so, the accounts question the purpo.....»»
Liberal laws, policy gaps: Rappler, ANC question need for Cha-cha to open economy
CHEERS TO Rappler and ANC's Market Edge for reviewing current laws that have opened up the economy to foreign investments. In doing so, the accounts question the purpo.....»»
Measuring income inequality
In a recent report about the Philippine economy, the Philippine Institute for Development Studies. stated that the economy will grow at a faster pace this year. The emphasis of the report was on the projections for economic growth measured in terms of the Gross Domestic Product......»»
Almadro upbeat on UP volleyball s future
Despite finishing at the bottom of the UAAP Season 86 women’s volleyball tournament, people should watch out for the University of the Philippines in the coming years, Fighting Maroons head coach Oliver Almadro said......»»
Philippine Olympic body hopeful for more golds in Paris
The Philippine Olympic Committee (POC) is upbeat on the prospect of the Philippines taking home gold medals in the upcoming Paris Olympics......»»
Tireless at 63, Randy Santiago dances, jumps, gyrates and sings onstage non-stop
Just when he turned 63 (in November last year), singer-TV host Randy Santiago stopped singing his hit ballad, Hindi Magbabago, and resorted to all upbeat numbers with his guest artists in “EyeCon,” his latest live concert last weekend held at the PICC Plenary Hall......»»
Rain or Shine s Guiao upbeat on Blackwater future
Rain or Shine Elasto Painters head coach Yeng Guiao is hopeful that the core of the Blackwater Bossing will be kept intact, as he lauded the team’s talent......»»
Malixi upbeat, ready vs world s best
Among the elite field in the Augusta National Women’s Amateur, Rianne Malixi stands out, not for a storied resumé, but for her remarkable talent and determination to claim the prestigious championship......»»
Ferrari stock surges on upbeat 2024 profit forecast, as luxury demand remains strong
Ferrari Exceeds Expectations with Strong Q4 Sales Results Italian luxury car manufacturer Ferrari has achieved outstanding sales results in the fourth quarter of 2023, leading.....»»
Bishop still upbeat even as Ginebra faces semis elimination vs San Miguel
'We're there every game. We're not getting blown out,' says import Tony Bishop as Barangay Ginebra tries to stay alive and avoid a sweep against San Miguel.....»»
Guiao upbeat on Rain or Shine s All-Filipino Cup campaign
Despite the quarterfinal exit of the Rain or Shine Elasto Painters in the PBA Commissioner’s Cup, head coach Yeng Guiao is optimistic of the chances of the team in the All-Filipino Conference......»»
Philippines foreign investments yield net outflows in March
MANILA, May 1 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 236 million U.S. dollars in March, the Philippine central bank said Wednesday. The Bangko Sentral ng Pilipinas (BSP) said the foreign investment transactions in March resulted from the 1.6 billion dollars in gross outflows and 1.4 billion dollars in gross inflows for the month. "The recorded net outflows are a reversal.....»»