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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......»»

Category: newsSource:  philstarRelated NewsJan 27th, 2024

Digital backwater

As in everything else we have failed to do to make us competitive, we are today still a digital backwater. According to the Oxford dictionary, a backwater is a place or condition in which no development or progress is taking place, for example, “the country remained an economic backwater.”.....»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

TAUSUG IN DOHA: Keeping In Touch: The Then and Now

DOHA, Qatar (MindaNews / 21 January) — Have you ever thought about how communication has evolved over the years? It’s fascinating to compare how we communicate now and how we did in the past. Back then, communication between people, especially those who were geographically distant, was difficult because there were no mobile phones, internet, or social […].....»»

Category: newsSource:  mindanewsRelated NewsJan 23rd, 2024

PH Remains One of the Fastest Growing Economies in East Asia and Pacific, World Bank Says

The World Bank retains its positive outlook on the Philippine economy despite foreseen challenges. According to their April 2024 East Asia and Pacific Economic Update, the World Bank projects a 5.8 percent economic growth for the Philippines this year — the East Asia and Pacific region’s second fastest-growing economy. Moreover, the said update also adjusted […].....»»

Category: newsSource:  metrocebuRelated NewsApr 2nd, 2024

How does spending time in God’s presence make you stronger?

How does spending time in God’s presence make you stronger? In what ways will you “lean into Him” today?.....»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024

Creative economy grows to P1.72 trillion

The value of the country’s creative economy rose by 6.8 percent in 2023 from a year ago as the sector employed more people, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

Economy likely grew by 6.2 percent in Q4

The Philippine economy likely posted a faster growth rate in the fourth quarter of 2023 than in the third quarter, supported by gains in the labor market, according to an economist......»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Economy to expand at faster pace in 2024

The Philippine economy is expected to grow at a faster pace this year than in 2023 despite headwinds, but the growth will be below the government’s target, according to First Metro Investment Corp.......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

SWS: 40% of Filipinos optimistic about economy

Four in 10 adult Filipinos expected the Philippine economy to pick up in the next 12 months, according to a Social Weather Stations poll released Thursday. .....»»

Category: newsSource:  philstarRelated NewsFeb 29th, 2024

Alinsunurin appointed Philippine men’s volleyball assistant coach

Seasoned mentor Dante Alinsunurin will make a comeback as one of the deputies for the national men’s team as the host Philippines pulls out all the stops to parade a competitive squad against the best of the best in the FIVB Volleyball Men’s World Championships 2025......»»

Category: sportsSource:  philstarRelated NewsMar 27th, 2024

Tatak Pinoy more than branding, Marcos says

Producers of best quality Filipino goods are entitled to greater incentives and financing perks based on a law signed yesterday by President Marcos, which aims to make Philippine-made products and services globally competitive......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

How Philippine economy opened up to the world without charter change

Is economic Cha-Cha really needed at this point?.....»»

Category: newsSource:  rapplerRelated NewsJan 16th, 2024

What to Watch for at China s High-Profile Meetings

BEIJING - One burning issue dominates as the 2024 session of China's legislature gets underway this week: the economy.The National People's Congress annual meeting, which opens Tuesday, is being closely watched for any signals on what the ruling Communist Party might do to reenergize an economy that is sagging under the weight of expanded government controls and the bursting of a real-estate bubble.That i.....»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

What to Watch for at China s High-Profile Meetings

BEIJING - One burning issue dominates as the 2024 session of China's legislature gets underway this week: the economy.The National People's Congress annual meeting, which opens Tuesday, is being closely watched for any signals on what the ruling Communist Party might do to reenergize an economy that is sagging under the weight of expanded government controls and the bursting of a real-estate bubble.That i.....»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 2nd, 2024

Philippines has potential to grow into $2 trillion economy – WEF

The Philippines can potentially expand to a $2-trillion economy over the next decade if investments in key sectors will be sustained, particularly in education and human development, according to a top official of the World Economic Forum......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Cemex impacts circular economy

Cemex Philippines, one of the leading cement manufacturers in the country, makes a significant impact on the circular economy through its co-processing technology and Regenera......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

Japan recession: Scaled back spending helps push economy to where it is now

TOKYO — To grasp the dynamics that bumped Japan into recession and off its perch as the world’s third largest economy on Thursday, look no further than Risa Shinkawa’s dining habits. Unlike unionised workers at big manufacturers such as Toyota Motor, the 32-year-old aesthetician isn’t expecting a pay rise anytime soon. Rather, her salary has.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Germany spending billions to replace nuclear power

The EU's largest economy is set to make a large investment in four gas-fired plants, the government has announced Germany is set to spend 16 billion to construct four gas-fired power plants as it seeks to ensure an adequate supply of electricity after scrapping its nuclear reactors, the Economy Ministry announced earl.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 12th, 2024