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Philippines posts 196 mln USD deficit in February

MANILA, March 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a 196-million-U.S. dollar deficit in February, significantly lower from the 895-million-dollar BOP deficit recorded a year ago, the country's central bank said on Tuesday. The Bangko Sentral ng Pilipinas (BSP) said the BOP deficit in February reflected outflows arising mainly from the national government's foreign currency deb.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

Philippines posts 740 mln USD deficit in January

MANILA, Feb. 20 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a 740 million U.S. dollars deficit in January 2024, a reversal from the 3.1 billion dollars BOP surplus recorded a year ago, the country's central bank has said. The Bangko Sentral ng Pilipinas (BSP) said on Monday that the BOP deficit in January reflected outflows arising mainly from the national government's payments of its f.....»»

Category: newsSource:  manilanewsRelated NewsFeb 21st, 2024

Philippines posts 740 mln USD deficit in January

MANILA, Feb. 20 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a 740 million U.S. dollars deficit in January 2024, a reversal from the 3.1 billion dollars BOP surplus recorded a year ago, the country's central bank has said. The Bangko Sentral ng Pilipinas (BSP) said on Monday that the BOP deficit in January reflected outflows arising mainly from the national government's payments of its f.....»»

Category: sportsSource:  abscbnRelated NewsFeb 21st, 2024

UnionBank profit down 28 percent to P9.2 billion in 2023

The earnings of Union Bank of the Philippines dropped by 27.8 percent to P9.2 billion in 2023 from P12.74 billion in 2022, as the listed bank booked higher provisioning and integration costs from the takeover of the retail banking business of global banking giant Citi in the Philippines......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Philippines FDI net inflows drop by 29.6 pct in October

MANILA, Jan. 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 29.6 percent in October 2023 to 655 million U.S. dollars, the country's central bank said Wednesday. The Bangko Sentral ng Pilipinas (BSP) said the latest figure brought the country's FDI net inflows from January to October 2023 to 6.5 billion dollars, a 17.5 percent decline from the same period.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

Koko to pols: Stay away from ayuda distribution

Politicians should stay away from in-person distribution of ayuda or financial assistance from the government so as not to mislead the public that the aid comes from them, Senate Minority Leader Aquilino Pimentel III said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

From Marcos to Marcos: Lawyers murderously attacked

From the Marcos Martial Law period to 2000, one lawyer was killed each year (18 in 18 years). From 2001 to the present, there have been 204 lawyers killed at a yearly rate of about 8.87. The post From Marcos to Marcos: Lawyers murderously attacked appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 13th, 2024

Xinhua world economic news summary at 0900 GMT, March 17

MANILA -- The number of Chinese inbound travelers to the Philippines surged by 235 percent year-on-year in the first two months of 2024, a Philippine lawmaker said Sunday. Citing data from the Philippines' Department of Tourism, Representative Marvin Rillo, vice chairperson of the committee on tourism in the House of Representatives, said that 82,314 Chinese travelers entered the Philippines in January and Febru.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

PH Inflation Sees Huge Dip in January 2024 Now at 2.8%

The country’s headline inflation has taken a significant dip, currently standing at 2.8%, according to the latest report from the Philippines Statistics Authority (PSA) released on February 6, 2024. According to PSA, this marks the lowest rate recorded since October 2020, showing a considerable drop from December 2023’s 3.9 percent and a noteworthy decrease from […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 7th, 2024

Philippines slightly upgrades GDP growth to 6 pct in Q3

MANILA, Jan. 30 (Xinhua) -- The Philippine Statistics Authority (PSA) on Tuesday slightly upgraded year-on-year growth of gross domestic product (GDP) for the third quarter of 2023 to 6 percent from preliminary estimate of 5.9 percent. "The major contributors to the upward revision were manufacturing, from 1.7 percent to 1.8 percent; financial and insurance activities, from 9.5 percent to 9.6 percent; and accomm.....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

Carcar rules in Sinulog sa Lalawigan 2024

CEBU CITY, Philippines – The contingent from Carcar City, a crowd-favorite in the Sinulog Festival, did it again. The troupe won this year’s Ritual Showdown of the Sinulog sa Kabataan sa Lalawigan 2024, beating 15 other contestants from various municipalities, component cities, and highly urbanized cities in Cebu. Performers from Carcar City took home P3.5.....»»

Category: newsSource:  inquirerRelated NewsJan 14th, 2024

Philippines bans poultry from Sweden, Czech Republic

The Philippines is banning the importation of domestic and wild birds from Sweden and the Czech Republic amid the outbreak of avian influenza in the two countries......»»

Category: newsSource:  philstarRelated NewsMar 14th, 2024

‘Toxic relationship’ is why Mindanao should secede from sinking PH – former lawmaker

MANILA, Philippines — A  “toxic relationship” between Mindanao and the Philippines was the reason why the former should break up with the latter. Davao del Norte 1st District Rep. Pantaleon Alvarez, a former House speaker, said this on why Mindanao should break up with the Philippines. The country was now a “sinking ship” due to.....»»

Category: newsSource:  inquirerRelated NewsFeb 9th, 2024

2,000 Cebu farmers benefit from NIA’s irrigation system

An areal view of farmers tending their crops. | Photo from NIA-7 CEBU CITY, Philippines — Thousands of Cebu farmers benefitted from existing irrigation systems of the NIA or National Irrigation Administration the agency’s regional office said. Cebu City Mayor Michael Rama recently declared a “state of calamity” in some mountain barangays in the city.....»»

Category: newsSource:  inquirerRelated NewsApr 4th, 2024

Quezon City bet withdraws from Miss Universe Philippines 2024

Quezon City's Lorraine Ojimba, the representative of the city in the upcoming Miss Universe Philippines, backed out from the competition due to health reasons. .....»»

Category: newsSource:  philstarRelated NewsApr 5th, 2024

NIA chargesheets two Khalistan Terrorist Force members deported from Philippines recently

New Delhi [India], February 1 (ANI): The National Investigation Agency (NIA) on Thursday filed a chargesheet against two Khalistan Terrorist Force (KTF) members namely Manpreet Singh and Mandeep Singh, who were deported from the Philippines recently. NIA has named the two, identified as associates of 'listed individual terrorist' Arshdeep Singh alias Arsh Dalla, in its second supplementary chargesheet in the case. As per.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

NIA chargesheets two Khalistan Terrorist Force members deported from Philippines recently

New Delhi [India], February 1 (ANI): The National Investigation Agency (NIA) on Thursday filed a chargesheet against two Khalistan Terrorist Force (KTF) members namely Manpreet Singh and Mandeep Singh, who were deported from the Philippines recently. NIA has named the two, identified as associates of 'listed individual terrorist' Arshdeep Singh alias Arsh Dalla, in its second supplementary chargesheet in the case. As per.....»»

Category: newsSource:  inquirerRelated NewsFeb 1st, 2024

US military moving fuel closer to Taiwan

The American Embassy in Manila has confirmed a shipment from a naval base in Hawaii to a commercial site in the Philippines The US has confirmed that it has transferred large amounts of fuel from a military base in Hawaii to storage facilities across Southeast Asia. The announcement came after a Philippines senator ra.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

US military moving fuel closer to Taiwan

The American Embassy in Manila has confirmed a shipment from a naval base in Hawaii to a commercial site in the Philippines The US has confirmed that it has transferred large amounts of fuel from a military base in Hawaii to storage facilities across Southeast Asia. The announcement came after a Philippines senator ra.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

Southern Philippines gold mine landslide death toll rises to 68

MANILA, The Philippines: This week, officials said that the death toll from a landslide in the southern Philippines on February 6 rose to 68, stressing that the window for finding more survivors was closing. Rescuers were looking for 51 more missing people, they added. The landslide, which happened outside a gold mine in Maco in Davao de Oro province, buried homes and vehicles that transported employees.....»»

Category: sportsSource:  abscbnRelated NewsFeb 17th, 2024