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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: inquirer inquirerFeb 16th, 2024

US spending $7mn a year on seized Russian yacht

The luxury vessel worth $300 million was arrested in Fiji in 2022    The US government is spending more than $7 million a year to maintain a superyacht it seized from a sanctioned Russian businessman and that it is now seeking to sell, a court filing from Friday showed.   The yacht, named 'Amade.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Government jacks up infrastructure spending to P1.2 trillion in 2023

The government jacked up its infrastructure spending last year, hitting P1.2 trillion and effectively surpassing its programmed allocation on the back of faster disbursements for major transport and road projects, according to the Department of Budget and Management......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Japan’s moon probe back to work after sun reaches its solar panels

Japan’s moon probe back to work after sun reaches its solar panels.....»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Filipino imports shine in action-packed Japan B. League weekend

Kai Sotto scores a season-high 16 points, while Matthew Wright puts up back-to-back 20-plus-point performances as Filipino imports impress in the Japan B. League.....»»

Category: newsSource:  rapplerRelated NewsJan 28th, 2024

Where’s your integrity being tested right now?

Where’s your integrity being tested right now? What are the choices before you—and how do they increase (or decrease) your integrity?.....»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

Kita ng digital economy pumalo sa P2T

Lumampas sa P2 trilyon ang kita ng tinatawag na digital economy noong 2023. The post Kita ng digital economy pumalo sa P2T first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 30th, 2024

CV records ‘fastest growing economy’ among all regions in PH

CEBU CITY, Philippines — Central Visayas has bested the 17 regions in the country after being named the “fastest-growing” economy based on the 2023 data of the Philippine Statistics Authority (PSA). It also remained the fourth-largest contributor to the overall growth of the Philippine economy and the highest contributor outside Luzon, with a 6.6 percent.....»»

Category: newsSource:  inquirerRelated NewsApr 25th, 2024

Cebu Daily Newscast: CCLEX-Guadalupe ramp: P6B project set to boost Cebu’s economy

Listen to Cebu Daily Newscast to know the latest news in and outside Cebu. Here are the latest news as of Thursday, April 18. CCLEX-Guadalupe ramp: P6B project set to boost Cebu’s economy Cebuanos can anticipate a significant impact on Metro Cebu’s economy following a substantial investment increase by a unit of Metro Pacific Tollways.....»»

Category: newsSource:  inquirerRelated NewsApr 18th, 2024

Chinese economy to moderate in 2024: ADB

Manila [Philippines], April 12 (ANI): The Chinese economy is forecast to grow 4.8 per cent in 2024, amid a recovery of household consumption, ongoing property market adjustment, and weak external demand, according to the latest report published by the Asian Development Bank (ADB). The growth in the Asian economy is projected to moderate from a 5.2 per cent expansion last year. An uncertain external macroeconomic environme.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

Open ocean salmon farm a win for the economy

The final approval of New Zealand King Salmon's Blue Endeavour open ocean aquaculture project is a significant step for New Zealand's aquaculture, and a win for the economy, Oceans and Fisheries Minister Shane Jones says. "Blue Endeavour will be the first open ocean aquaculture salmon farm in New Zealand. It's going to provide more jobs for the Marlborough region and benefit our economy b.....»»

Category: sportsSource:  abscbnRelated NewsMar 1st, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsJan 18th, 2024

Japan credit rater bullish on Philippine growth this year

The Philippine economy is likely to grow by six percent this year, mainly driven by robust private consumption amid easing prices and stable remittances, Japan Credit Rating Agency Ltd. said......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Pinas, US, Australia, Japan pasiklab sa WPS

Sasamahan ng puwersa ng Estados Unidos, Australia at Japan ang mga barko ng Pilipinas sa gagawing joint maritime activity sa West Philippine Sea. The post Pinas, US, Australia, Japan pasiklab sa WPS first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 7th, 2024

Honshu, Japan inuga ng magnitude 6 na lindol

INUGA ng magnitude 6 na lindol ang silangang baybayin ng Honshu, Japan kahapon nang umaga. The post Honshu, Japan inuga ng magnitude 6 na lindol first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 4th, 2024

Andales cancels IBF world title fight in Japan

CEBU CITY, Philippines — Filipino ArAr Andales reportedly withdrew from his world title bout on March 31 in Nagoya, Japan. Andales was scheduled to fight the reigning International Boxing Federation (IBF) world minimumweight champion, Ginjiro Shigeoka of Japan. Their world title duel was supposedly a double-header world title bout with fellow Filipino Melvin Jerusalem gunning.....»»

Category: newsSource:  inquirerRelated NewsMar 26th, 2024

Japan policy paper to focus on US, Philippines to counter China

Tokyo [Japan], March 23 (ANI): Japan released a draft of its annual foreign policy report stating that it will pay attention to the importance of boosting collaboration with the United States and the Philippines to counter China's assertive behaviour in the Indo-Pacific region, Kyodo news reported on Thursday. The Diplomatic Bluebook for 2024 will also underscore that Tokyo "cannot afford to waste even a moment" to solve.....»»

Category: newsSource:  inquirerRelated NewsMar 25th, 2024

Japan policy paper to focus on US, Philippines to counter China

Tokyo [Japan], March 23 (ANI): Japan released a draft of its annual foreign policy report stating that it will pay attention to the importance of boosting collaboration with the United States and the Philippines to counter China's assertive behaviour in the Indo-Pacific region, Kyodo news reported on Thursday. The Diplomatic Bluebook for 2024 will also underscore that Tokyo "cannot afford to waste even a moment" to solve.....»»

Category: newsSource:  manilanewsRelated NewsMar 24th, 2024

Before You Travel to Japan Read This

Japan is one of the top tourist destinations in the world because of its rich heritage, culture, arts, natural wonders, and more. But before you pack your bags and go, here are a few important things to know. Climbing Mount Fuji Mount Fuji stands as a majestic symbol of Japan’s natural beauty. One of the […].....»»

Category: newsSource:  metrocebuRelated NewsMar 15th, 2024

In a doughnut in Japan, unlocking the power of the Sun

With its tangle of pipes and pumps leading to a metal pot the size of a five-storey building, Japan’s JT-60SA machine looks to the untrained eye like a contraption from 1970s sci-fi. But inside it is a doughnut-shaped vessel where experiments done at millions of degrees could help unlock a carbon-free, inexhaustible and safe power.....»»

Category: newsSource:  inquirerRelated NewsFeb 22nd, 2024

US-Phl-Japan trilateral security cooperation essential

During the state visit of Japanese Prime Minister Fumio Kishida to the Philippines last November where he delivered a speech before a joint session of Congress, he highlighted the trilateral cooperation between the United States, the Philippines and Japan to protect the freedom of the South China Sea......»»

Category: newsSource:  philstarRelated NewsFeb 18th, 2024