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ADB urged to boost climate financing to $11.5 billion
The Asian Development Bank (ADB) needs to ramp up its climate financing to at least $11.5 billion annually as vulnerable economies continue to take the hit of the impact of worsening climate change......»»
ADB cuts Philippines growth outlook to 6% in 2024
The Asian Development Bank has trimmed its growth forecast for the Philippines for this year, citing risks posed by extreme weather events that can drive up inflation and the slower growth in advanced economies......»»
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 […].....»»
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......»»
Tourism Secretary Frasco backs return of church panels to Cebu
Tourism Secretary Christina Frasco says that pilgrimage tourism 'hinges on destinations like Boljoon Church in attracting tourists and supporting local economies'.....»»
Red Sea crisis exposing EU energy weakness - FT
Diesel prices have jumped amid fears of disruptions in supply to the bloc, according to the outlet The surge in global diesel prices to an almost three-month high amid shipping disruptions is threatening to test the resilience of EU economies, the Financial Times reported on Wednesday. The rising p.....»»
Protect our guests
Tourism is the lifeblood of emerging economies such as ours......»»
Philippines still interested in CPTPP membership
The Philippines is still interested in becoming a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) as the membership is expected to create new relations with economies outside the country’s existing bilateral free trade deals, according to Trade Undersecretary Allan Gepty......»»
Saudi Arabia clarifies BRICS membership reports
Riyadh was officially invited to the group of emerging countries in August 2023 Saudi Arabia has yet to join the BRICS group of economies officially, the kingdom's minister of commerce, Majid Al-Kasabi, announced at the World Economic Forum in Davos on Tuesday. Saudi state broadcaster reported earlier this mont.....»»
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 […].....»»
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 […].....»»
Daily Guardian: Asian Stocks Rise Before Key US Inflation Data
Asian shares surged on Monday following gains on Wall Street, with investors closely watching US consumer price data for clues on the Federal Reserve’s policy.....»»
Asian qualifying results for 2026 FIFA World Cup
BEIJING, March 22 (Xinhua) -- Following are Thursday's results in Asian qualifying for the 2026 FIFA World Cup in the United States, Canada and Mexico: Group A At Doha Qatar bt Kuwait 3-0 At Abha, Saudi Arabia Afghanistan tied India 0-0 Group B At Tokyo Japan bt DPR Korea 1-0 At Yangon Myanmar tied Syria 1-1 Group C At Seoul South Korea tied T.....»»
Asian Age Group Championships organizers draw praises from World Aquatics
Organizers of the recent 11th Asian Age Group Aquatics Championships at the New Clark City Aquatics Center in Capas, Tarlac drew praises for a job well done......»»
Philippine hosting of Asian Age Group swimming tilt deemed a success
Future international swimming meets could be held in the Philippines once again, following the "excellent" hosting of the Asian Age Group Championships (AAGC)......»»
Asian legends tip Matsuyama to enjoy golden run
If Hideki Matsuyama beats the strongest field in golf and becomes the first Japanese winner at The Players Championship this week, those who blazed the trail for Asian golf before him will be the least surprised......»»
Janella mirampa sa Asian Film Awards kauban si Thai actor Win Metawin
Mi-rampa ang Kapamilya actress nga si Janella Salvador sa red carpet sa 2024 Asian Film Awards (AFA) nga didto ipahigayon sa Hong Kong kauban ang Thai actor nga si Win Metawin. Ang maong panagtigum ang nahimo nga host sa world premier sa ilang bag-o nga pelikula ni Win nga “Under Parallel Skies.” Kini ubos sa.....»»
Janella rumampa sa Asian Film Awards kasama si Thai actor Win Metawin
PAK na pak na rumampa sa red carpet ng 2024 Asian Film Awards (AFA) ang Kapamilya actress na si Janella Salvador na ginanap sa Hong Kong. Dumalo ang aktres sa event bilang ito ang magsisilbing host para sa world premiere ng pagtatambalang movie nila ng Thai actor na si Win Metawin – ang “Under Parallel.....»»
Japan ginto sa Asian Age group women’s water polo
CAPAS, TARLAC — Umakyat ang Japan sa ikaanim na sunod na panalo nitong Sabado para angkinin ang gintong medalya sa 11th Asian Age Group Championships women’s water polo competition sa New Clark City Aquatic Center dito. Si Skipper Shoka Fukuda ay naghatid ng nine goals habang si Kaho Shironoshita ay nagdagdag ng anim sa 24-6 ….....»»
Australia: Spotlight Rights at Summit with ASEAN
(Sydney) - Australian Prime Minister Anthony Albanese should focus on human rights concerns and democratic backsliding at the upcoming summit with Southeast Asian leaders, Human Rights Watch said in a report released today. Albanese will host leaders from nine of the countries making up the Association of Southeast Asian Nations (ASEAN) at the ASEAN-Australia Special Sum.....»»