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Argentina permitted to tap IMF bailout
The Latin American country is heading towards 200% inflation amid the worst economic crisis in decades The International monetary Fund (IMF) has agreed to unlock $4.7 billion for Argentina as part of a debt restructuring plan even though the country missed targets related to its $43 billion loan program, the fund anno.....»»
NEDA Board okays Php 17.9 B worth of new projects
By Joann Santiago MANILA, Dec. 16 (PNA) — The National Economic Development Authority (NEDA) Board on Wednesday approved Php 17.9-billion worth of new projects. Presidential Communications Operations Office (PCOO) Secretary Herminio Coloma........»»
ULAP lauds water supply program for poor LGUs
Union of Local Authorities of the Philippines president and Quirino governor Dax Cua lauded a government program that aims to help the poorest municipalities in the country have access to clean and stable water supply. “We in ULAP have always emphasized the need to address people’s basic right to water, in line with our commitment […].....»»
16 Asian countries discuss employing technology to implement innovative initiatives for regulating labour markets
DUBAI, 11th February, 2024 (WAM) -- Ministers of labour and human resources from 16 Asian countries sending and receiving workers discussed leveraging advanced technology for innovative initiatives aimed at resolving labor disputes and expediting verdicts. They also aimed to strengthen wage protection systems and facilitate skill mobility among participating countries. The focus was on improving labor market regulation.....»»
House expedites release of P35M aid for Davao disaster victims
The House of Representatives, in collaboration with President Ferdinand R. Marcos Jr., is expediting the release of P35 million in financial aid and 17,500 food packs to assist the seven congressional districts affected by recent flooding and landslides in the Davao Region. Speaker Ferdinand Martin G. Romualdez emphasized the urgency of their efforts, aiming to provide substantial assistance to the nearly 45,000 affected families and over 187,000 individuals in the region. Coordination with the Department of Social Welfare and Development is underway to swiftly release PHP5 million to each district through the Assistance to Individuals in Crisis Situations program. The financial aid will support various relief efforts, including infrastructure reconstruction and medical assistance. Tingog Party-list representatives also expressed their commitment to ensuring the assistance reaches those most in need......»»
Race for global economic dominance sees striking turn of fortunes - ex-IMF official
The assumption that China will eventually overtake the US as the world's largest economy now seems less certain, Eswar Prasad has said The US has extended its lead over China in the race for the globe's largest economy, Bloomberg reported on Friday. The American economy defied forecasts in outperfo.....»»
IMF hikes Philippines 2024 growth target
The International Monetary Fund upgraded its 2024 economic growth forecast for the Philippines amid the stronger rebound in investments and exports......»»
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 […].....»»
MHA, Phonak launch new hearing aid in Cebu
MHA, Phonak launch new hearing aid in Cebu.....»»
LGUs tapped for faster distribution of seniors’ cash aid
LGUs tapped for faster distribution of seniors’ cash aid.....»»
Gaza health authorities say Israeli fire kills 104 waiting for aid
A spokesperson for Israel's military said there was no knowledge of shelling at that location. The military later said dozens of people were hurt as a result of pushing and trampling when aid trucks arrived in northern Gaza......»»
27 rebel returnees get educational, financial aid; Tongson joins call for remaining defactors surrender
27 rebel returnees get educational, financial aid; Tongson joins call for remaining defactors surrender.....»»
City vows legal aid for Hipodromo residents
City vows legal aid for Hipodromo residents.....»»
Davao lawmakers thank President Marcos, Romualdez for aiding flood victims
Lawmakers from Davao have thanked President Marcos and Speaker Martin Romualdez for continuously sending aid to flood victims in the region, including the endorsement of P150 million in cash aid and 51,000 food packs......»»
Wegotmail: PMPI urges ceasefire in Gaza, backs int l call for peace, humanitarian aid
Wegotmail: PMPI urges ceasefire in Gaza, backs int l call for peace, humanitarian aid.....»»
Malabon gives out cash aid card
The local government of Malabon has started the distribution of the first tranche Ahon Blue Card financial aid for poor residents of the city......»»
Senior citizens in Cebu City to receive cash aid starting March 21
CEBU CITY, Philippines — Around 90,500 Cebu City senior citizens are eligible to receive their cash aid for the first quarter of 2024 starting March 21, according to the head of the agency overseeing the affairs of the city’s elders. OSCA Head, Lawyer Homer Cabaral, told CDN Digital in an interview on Thursday, March 14,.....»»
Go to DOH: Ensure accessible medical aid
Sen. Bong Go is urging the Department of Health to uphold accessibility of medical aid for indigent patients amid the agency’s increased budget this year......»»
Digital technology to aid in protecting biodiversity – DENR
In commemoration of World Wildlife Day last March 3, Environment Secretary Maria Antonia Loyzaga is pushing for the use of digital technology to aid in biodiversity protection......»»
UN urges countries to reverse funding pause for Palestinian agency
Most of Gaza's 2.3 million people are reliant on the aid UNRWA provides, including about one million who have fled Israeli bombardments sheltering in its facilities.....»»