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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......»»
Double-digit growth in bank lending seen this year
The Philippine banking sector is expected to book double-digit growth in loan disbursements this year on the back of robust economic growth, according to BMI Country Risk & Industry Research......»»
Want to be an analog astronaut? Prepare to be bored.
'They’re looking for people who can be bored for a very, very long time. Imagine yourself living in Mars — or even just enclosed in a capsule traveling to Mars for four months.... Can you be sitting in a capsule for four months?' Filipino analog astronaut Kristine Atienza says......»»
‘Tired’ Donny Pangilinan hasn’t taken a day off for 5 months
Although grateful for the blessings coming his way, Donny admitted being so tired from working as the actor who just turned 26 last February 10 said that he has not taken a proper rest day for the past five months......»»
PUV consolidation deadline moved by 3 months
MANILA, Philippines — Jeepney drivers and operators who have yet to form themselves into cooperatives for the PUV consolidation can heave a sigh of relief, for now. President Marcos gave them until April 30, or three more months, to apply for consolidation under the government’s public utility vehicle modernization program (PUVMP). Presidential Communications Office (PCO).....»»
Food cart program gives hope to reformed drug suspects
After spending six months in jail for drug offense, and another six months for counseling and rehabilitation, 46-year-old Jessie Morales was left homeless by a fire that hit his neighborhood in Tondo last month, leaving him with nothing but more anguish......»»
Lack of justice 6 months into labor leader s killing scored
The Center for Trade Union and Human Rights continues to demand justice for veteran labor organizer Jude Fernandez, who was killed exactly six months ago in Binangonan, Rizal......»»
Ecozone investments up 19 percent in 2 months
Investments approved by the Philippine Economic Zone Authority grew at a robust pace in the first two months of the year, making it on track with its investment approval targets for the year......»»
SteelAsia to recycle rebars for ALI, MDC
Ayala Land Inc. SteelAsia Manufacturing and Makati Development Corp. have signed a memorandum of understanding for a groundbreaking collaboration advancing circular economy and decarbonization methods in the construction industry......»»
Japan invests $4.8 billion in TSMC plant, emphasizing importance of cutting-edge chips for future industries
Japan has announced plans to provide an additional ¥732 billion in subsidies for Taiwan Semiconductor Manufacturing Co. (TSMC) to expand its plant in the country......»»
Marcos OKs pharma-zones for cheaper generics
To ensure the availability of affordable medicines, President Marcos is pushing for measures to encourage both local and foreign pharmaceutical firms to take part in drug manufacturing in the country......»»
Cebu offers prospects for US agricultural exporters
Cebu offers strong opportunities for direct shipments of US agricultural exports, driven by the feed and food manufacturing, food service and food retail sectors, according to the United States Department of Agriculture......»»
19 drug dens in CV shut down in a span of 4 months – PDEA-7
CEBU CITY, Philippines – A total of 19 drug dens from all over Central Visayas were successfully shut down by authorities in a span of 4 months. Leia Alcantara, spokesperson of the Philippine Drug Enforcement Agency in Central Visayas (PDEA-7), shared that this is the result of their anti-drug operations from January 1 to May.....»»
Robinsons Bank systems convert into BPI in 18 months
Bank of the Philippine Islands is looking to convert all branches and systems of Robinsons Bank Corp. in 12 to 18 months, following the merger of the two banks earlier this year......»»
DepEd eyes aggressive return to June-March calendar to escape heat
The Department of Education is eyeing to shorten next year's school calendar by two months as part of its most aggressive proposal yet to return to a schedule that ends classes before the hot months of April and May......»»
Ecozone investments slip by 9% in 4 months
Total investments approved by the Philippine Economic Zone Authority reached nearly P30 billion in the first four months of 2024, a nine percent decline from P33.094 billion worth of projects cleared in the same period last year......»»
Over P600 billion projects approved in 4 months – BOI
Investments approved by the Board of Investments (BOI) have reached more than P600 billion in the first four months of the year......»»
Rust armorer sentenced to 18 months over deadly on-set shooting
The armorer who loaded the gun that killed a cinematographer on the set of the Alec Baldwin movie "Rust" was sentenced to 18 months in prison by a US court......»»
Bea Alonzo still Dominic Roque s phone wallpaper 2 months after wedding called off
Actor Dominic Roque still has a photo of his ex-fiancee and fellow actress Bea Alonzo as the wallpaper of his phone, two months since the pair called off their engagement......»»
LRT-2 revenue, ridership up in 2 months
The Light Rail Transit Authority grew its revenue collection by double digits in the first two months of the year, reaping the benefits of recovering ridership at the Light Rail Transit Line 2......»»