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Local hopes and global risks
In national development as in personal life, hopes and expectations at the start of a new year are also fraught with risks......»»
The road to transformational growth
Leading think tanks, analysts and multilateral agencies have recently forecasted that the Philippines will be a high-middle-income country within this decade and the 18th-largest economy in the world by 2050......»»
Travel agencies group warns about cheap, illegal operators
The Davao Travel Agencies Association (DTAA) has issued a warning about unregistered and illegal travel and tour operators in their area. These operators have been found to be offering travel and tour services without proper licensing, leading to issues such as lack of refunds, scheduling problems, and other travel arrangement discrepancies. Pia Partoza Montano, a travel agency owner and Vice-President for the Travel and Tours Sector of DTAA, emphasized the prevalence of these unauthorized operators, particularly in inbound tourism, and the challenges in monitoring and regulating them due to their large numbers. Montano also highlighted the potential risks associated with using these unregistered agencies, as they may offer cheaper rates but could lead to problems in case of incidents. To address this issue, the Department of Tourism-Davao (DOT-Davao) has introduced a QR code system to help the public verify the legitimacy of travel agencies by accessing data on authorized and registered operators. The DOT-Davao encourages travelers to transact with accredited enterprises to ensure the quality and reliability of their travel arrangements. Currently, there are at least 109 registered travel and tour agencies in Davao City under DOT-Davao's accreditation. The DOT-Davao also provides information on the requirements for registration and renewal for travel agencies on their official website. This warning serves as a reminder for the public to be cautious and discerning when engaging with travel and tour operators to avoid falling victim to unauthorized and illegitimate services......»»
Gov’t debt stock rose to P14.79 trillion as of Jan
MANILA, Philippines — The government’s outstanding debt rose in January due to a weak peso and after the Marcos administration borrowed more from local creditors than what it paid for its maturing liabilities, the Bureau of the Treasury (BTr) reported Friday. Data showed state obligations increased 1.9 percent month-on-month to P14.79 trillion as of January. ALSO READ:.....»»
Phivolcs detects 4 weak steam-driven eruptions at Taal Volcano
"Weak phreatic activity is likely driven by the continued emission of hot volcanic gases at the Taal Main Crater and could be succeeded by similar events," Phivolcs said......»»
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.....»»
HMOs incur higher P4.3 billion losses in 2023
The health maintenance organization industry suffered a bigger net loss of P4.3 billion in 2023, marking the second straight year of a weak bottomline, as benefits and claims by its members soared......»»
How smuggled ultraluxury Bugatti Chirons expose flaws in LTO
An IT system with a weak audit trail makes it easy to smuggle in one of the world's most expensive sports cars.....»»
Weak exports still biggest hurdle to Philippines expansion
The Philippine export sector remains the biggest drag to economic expansion as it takes a hit from the slowdown in major trading partners, according to a unit of Fitch Solutions......»»
‘Now is best time for PAL to sell’
This is the best time for flag carrier Philippine Airlines (PAL) to sell a portion of the company, as investors are attracted to buy into it with travel and tourism picking up momentum, according to analysts......»»
Dina Bonnevie reveals she almost became Mel Gibson s leading lady
Dina Bonnevie could have been one of the Philippines' most notable Hollywood stars today had she chosen to accept the leading lady role offered to her opposite Mel Gibson. .....»»
Sikat na female star gigil much sa kilalang aktor na bobo pa ring umarte
HIRAP na hirap mag-pretend ng kilalang aktres sa kanyang leading man na hindi niya gusto ang ugali dahil may pagka-conceited. Gusto rin daw ng aktor na laging maganda ang kanyang mga anggulo sa kanilang mga eksena. Hindi naman bading ang leading man ng aktres, masyado lang conscious sa mga kuha sa kanya sa serye nila.....»»
Samar First completes phase II of road construction leading to Pinipisakan Falls
Samar First District Engineering Office recently completed phase II of the construction of access road leading to Pinipisakan Falls in San Jorge, Samar......»»
PLDT, Smart named among world’s leading employers
PLDT Inc. and its wireless unit Smart Communications Inc. have been named among the Top One Percent of Leading Employers of 2023 by German firm Institute of Research and Data Aggregation......»»
Batang Krung Krung : Sandara Park says Coco Martin is her dream leading man
K-pop star Sandara Park revealed that action star Coco Martin is her dream leading man. .....»»
NBA-leading Celtics cruise to 8th straight win
NBA-leading Celtics cruise to 8th straight win.....»»
Lower Your Risk of Heart Disease with These 9 Essential Tips
Title: Promoting Heart Health: Preventing America’s Leading Cause of Death Heart disease remains the leading cause of death among Americans, with a heart attack occurring.....»»
Analysts expect inflation at around 3.8% for March
A BusinessWorld poll of 17 Philippine economists on March inflation rate projections revealed a median of 3.8%, with a high of 4.1% and a low of 3.5%......»»
March inflation may pick up amid high food prices
Inflation likely accelerated for the second straight month in March, mainly driven by high rice prices, prompting the Bangko Sentral ng Pilipinas (BSP) to keep borrowing costs unchanged at its next policy review in April, analysts said......»»
Will DAU get SkyCable at his price?
Dennis Anthony Uy of Converge ICT may be playing coy now about his interest in SkyCable, but according to industry analysts who have been watching Converge’s aggressive push for its fiber optic network, Converge and SkyCable are the perfect fit......»»