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‘BPO Day’ on April 1 in Cebu City
‘BPO Day’ on April 1 in Cebu City.....»»
CitySavings Named One of the 2024 Philippines’ Growth Champions
City Savings Bank (CitySavings) continues to cement its position to become the leading mass market bank in the country with its inclusion as one of the 2024 Philippines’ Growth Champions. The Philippine Daily Inquirer released the report with international market research firm Statista. This year’s Philippines’ Growth Champions are companies with remarkable growth and resilience […].....»»
PUBG Mobile continues steady rise in Philippines
PUBG: Mobile has been a steady shooting game that Filipinos have been playing since its release back in 2018. Since then, the game has had Filipino-centric initiatives in 2022......»»
US Federal Reserve holds steady
The US Federal Reserve decided to hold its interest rates steady for the 5th consecutive meeting......»»
‘Volatile inflation to keep rates steady’
Commodity prices in the country will remain volatile for the first semester, prompting the Bangko Sentral ng Pilipinas to keep rates steady and start easing only by June, according to Moody’s Analytics......»»
S& P: Philippines may miss growth goal this year
S&P Global Ratings sees the Philippines again missing its growth targets this year as it kept its gross domestic product growth forecast at 5.9 percent. While the projection is better compared to other economies in the region, it is again below the government’s 6.5 to 7.5 percent growth target......»»
PH Economy Remains Optimistic Amid Global Slowdown
The country is one of the fastest growing economies in East Asia and the Pacific according to the World Bank, foreseeing robust growth despite global economic slowdown. In the latest World Bank Global Economic Outlook report released on Tuesday, the Philippines is expected to maintain its economic growth rate in 2024 at 5.8%, slightly higher […].....»»
BPO industry rides AI wave
The Information Technology & Business Process Association is refreshing its 2028 industry roadmap to align its goals with the continued growth of the artificial intelligence landscape......»»
NCR retail price growth steady in December – PSA
Retail prices of goods in Metro Ma- nila snapped a three-month downtrend as it maintained its pace of growth in December from the previous month, according to the Philippine Statistics Authority......»»
Mining firm pinagmulta ng P560M
Higit P560 milyon ang multang kailangang bayaran ng isang mining firm dahil sa hindi awtorisadong pagtrade ng mga unissued at unlisted shares mula 2015 hanggang 2019. The post Mining firm pinagmulta ng P560M first appeared on Abante......»»
San Miguel income soars to P44.7 billion in 2023
Diversified conglomerate San Miguel Corp. expects to sustain its growth momentum this year after earnings soared in 2023 on the back of significant volume growth across its key businesses......»»
BPI sees stronger credit growth
Bank of the Philippine Islands expects a robust growth in credit this year amid the country’s economic expansion and the planned interest rate cuts by the Bangko Sentral ng Pilipinas......»»
Monde Nissin sees sales, earnings growth in 2023
Monde Nissin Corp., the listed snack foods giant, expects core net income to have grown by mid-teens for 2023 with sales expected to have hit a high single-digit year-on-year growth......»»
World Bank expects faster growth for Philippines this year
Economic growth in the Philippines is projected to be faster this year than in 2023, but the pace will be lower than the government’s target, the World Bank said in a report......»»
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.....»»
The Future of Work: AI’s Double-Edged Sword for Global Economies
Artificial Intelligence (AI) holds promise in revolutionizing global productivity and economic growth. However, the flip side includes potential job displacement and a widening wealth gap. Without proper policies, nations may struggle to adapt to this emerging technology. The International Monetary Fund (IMF) indicates that nearly 40% of global jobs could be influenced by AI. In […].....»»
At WTO meet in UAE, Philippines expects deals on fisheries, agriculture, climate issues
By Binsal Abdulkader ABU DHABI, 25th February, 2024 (WAM) -- The Philippines expects successful negotiations on fisheries subsidies, agriculture, and climate issues at the World Trade Organisation's (WTO) 13th Ministerial Conference (MC13) in Abu Dhabi, according to Alfredo E. Pascual, the Secretary for Trade and Industry of the Philippines. "I am particularly enthusiastic about welcoming Comoros and Timo.....»»
At WTO meet in UAE, Philippines expects deals on fisheries, agriculture, climate issues
By Binsal Abdulkader ABU DHABI, 25th February, 2024 (WAM) -- The Philippines expects successful negotiations on fisheries subsidies, agriculture, and climate issues at the World Trade Organisation's (WTO) 13th Ministerial Conference (MC13) in Abu Dhabi, according to Alfredo E. Pascual, the Secretary for Trade and Industry of the Philippines. "I am particularly enthusiastic about welcoming Comoros and Timo.....»»
Meralco expects energy sales to grow this year
Despite a projected slowdown in demand from the commercial segment, the Manila Electric Co. (Meralco) still expects its energy sales to improve by 4.5 percent this year......»»
Maya Bank lends P2.75 billion to fintech firm Tala
Philippine digital lender Maya Bank has signed a loan channeling partnership with global financial technology firm Tala, providing P2.75 billion of loan capital to the fintech company......»»