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Hong Kong records 34 mln visits in 2023 as tourism rebounds
HONG KONG, Jan. 13 (Xinhua) -- Hong Kong received approximately 34 million visits in 2023, with nearly 4 million arrivals in December, the Hong Kong Tourism Board (HKTB) said Saturday. Through 2023, the Chinese mainland remains the largest source of visitors to Hong Kong, with ideal numbers during the May Day holiday, summer vacation and the Golden Week in October. The Southeast Asian market has shown the.....»»
Cedrick Juan sa MMFF 2023 Best Actor award: ‘Deserve kong manalo’
NANINIWALA si Cedrick Juan na deserving siyang manalong Best Actor sa katatapos lang na Metro Manila Film Festival 2023 para sa pelikulang “GomBurZa.” Yan ang matapang na sabi ng aktor nang matanong tungkol sa award na natanggap sa MMFF 2023 Gabi ng Parangal for his performance as Padre Jose Burgos sa “GomBurZa.” Sa panayam ng.....»»
Hong Kong records 34 mln visits in 2023 as tourism rebounds
HONG KONG, Jan. 13 (Xinhua) -- Hong Kong received approximately 34 million visits in 2023, with nearly 4 million arrivals in December, the Hong Kong Tourism Board (HKTB) said Saturday. Through 2023, the Chinese mainland remains the largest source of visitors to Hong Kong, with ideal numbers during the May Day holiday, summer vacation and the Golden Week in October. The Southeast Asian market has shown the.....»»
Philippine economy growth may reach 6 pct to 7 pct in 2023: Marcos
MANILA, Jan. 11 (Xinhua) -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila......»»
NFA fails to meet palay procurement target in February
The National Food Authority continues to struggle in beefing up its rice buffer stock as its buying price remains uncompetitive against private traders, worsened by lesser harvest in February......»»
Banks’ bad loans rise in February
The soured loans of Philippine banks picked up for the 14th straight month in February, bringing the gross non-performing loan ratio to a steady 3.44 percent, amid high interest rates......»»
RCBC Trust’s AUM hits P161 billion in February
The trust and investment management arm of Yuchengco-led Rizal Commercial Banking Corp. saw its assets under management hit more than P161 billion as of February, as the number of its institutional clients grew significantly......»»
Factory gate prices ease in February
Producer prices declined at a slightly faster rate in February as electronic and food products posted slower upticks, according to the Philippine Statistics Authorit......»»
Government budget back to deficit in February
The government reverted back to a budget deficit in February after a quick surplus at the start of the year, but a narrower gap can still be expected as the tax season draws near......»»
Xinhua world economic news summary at 0900 GMT, April 1
MANILA -- The Philippine government's budget deficit increased to 164.7 billion pesos (2.93 billion U.S. dollars) in February, the country's Bureau of the Treasury said Monday. "The wider budget gap stemmed from the 22.14 percent year-over-year increase in expenditures, matched with moderate revenue growth of 5.73 percent," the bureau said. With the February turnout, the bureau said the year-to-date fiscal balan.....»»
Hot money returns to net inflow in February
More foreign portfolio investments flowed into the Philippines in February, snapping two straight months of net outflows, amid the government’s retail Treasury bond offering......»»
Vehicle sales rev up by 23% in February
Vehicle sales accelerated by more than a fifth in February from a year ago, supported by automotive firms’ marketing efforts as well as stable interest rates......»»
Toral: Navigating through change: Insights from PMI manufacturing February 2024
Toral: Navigating through change: Insights from PMI manufacturing February 2024.....»»
BOP shortfall narrows to $196 million in February
The Philippines registered a balance of payments shortfall of $196 million in February, its second straight month of deficit, as the government settled more foreign debt obligations last month, the Bangko Sentral ng Pilipinas said......»»
Cebu City inflation rate stays 4.5 percent in February 2024
Cebu City inflation rate stays 4.5 percent in February 2024.....»»
State firms spent better in February
State agencies recorded a better spending rate as of February as the government ramped up the release of its cash allocations to fund various projects......»»
News on China s actions in WPS need to shift focus
MEDIA FOLLOWED recent incidents in the West Philippine Sea as Chinese vessels engaged in maneuvers to block patrol boats of the Philippine Coast Guard (PCG) on February 12. The news on February 17 also reported the disturbing allegation of China's use of cyanide, causing damage to the resources and the waters of Bajo de Masinloc, also known as Scarborough Shoal.Although China's harassment of Philippine vessels a.....»»
February inflation quickened to 3.4% y/y
The Philippine Statistics Authority said that Philippine inflation for February quickened to 3.4% y/y, up from January’s 2.8% y/y increase......»»
Inflation quickens to 3.4 percent in February
Inflation quickened to a two-month high of 3.4 percent in February from 2.8 percent in January, snapping four straight months of decline amid faster upticks in food prices such as rice and meat and transport costs......»»
PH headline inflation slightly up to 3.4% in February 2024
PH headline inflation slightly up to 3.4% in February 2024.....»»