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Cebu Daily Newscast: Consolacion, Cebu factory fire destroys P17.5M worth of property
Listen to Cebu Daily Newscast to know the latest news in and out of Cebu. Here’s what you need to know on Thursday, May 16. Consolacion, Cebu factory fire destroys P17.5M worth of property A fire razed a factory in Barangay Pulpogan in Consolacion town in northern Cebu on Wednesday, May 15, causing damages worth.....»»
Moody’s: Philippines highly exposed to food security risks
Food security risks will likely remain elevated in Asia-Pacific even if prices of food ease this year, with the Philippines among the most exposed to shocks and risks in the region, Moody’s Investors Service said......»»
Moody’s outlook: Philippine banks remain on stable footing
Moody’s Investors Service has maintained a stable outlook for Philippine banks as interest rate cuts from the Bangko Sentral ng Pilipinas this year are seen to support economic recovery......»»
Moody’s, Fitch research arms see rate cuts in 2nd half
The research units of the Moody’s and Fitch Group expect the Bangko Sentral ng Pilipinas to cut rates in the second half , reversing a tightening cycle that saw key policy rates rise by 450 basis points......»»
Factory output growth picks up in January
The country’s factory output went up at a quicker pace in January from the previous month due mainly to the slower contraction in production of electronic products and beverages, according to the Philippine Statistics Authority......»»
Garment factory workers in PH: Over 5,000 lose jobs
MANILA, Philippines — Weak demand overseas that depressed local orders caused around 5,100 garment factory workers to either be retrenched or forced to go on leave since the start of the year. At least nine factories have been affected, including Luenthai Philippines, the country’s biggest exporter of textile goods using cotton. This is according to.....»»
Beyond Coffee: Coffee Factory Mezzanine delights Cebuanos with newest co-working space
Beyond Coffee: Coffee Factory Mezzanine delights Cebuanos with newest co-working space.....»»
Minalin LGU issues conditional biz permit to embattled factory
Minalin LGU issues conditional biz permit to embattled factory.....»»
2 dead, 6 injured in fireworks factory blaze in Philippines
MANILA, Feb. 1 (Xinhua) -- A blaze erupted at a small fireworks factory in Laguna province, south of Manila, on Thursday, killing two people and injuring six others, local police said. The fire broke out in Cabuyao city in the afternoon. Two people died on the spot, while some of those who sustained injuries were in critical condition, police said. Firefighters put out the fire two hours later, preventing.....»»
Death toll from Laguna fireworks factory blast now 5
The death toll from an explosion at a fireworks factory in Cabuyao City, Laguna on Thursday has increased to five......»»
2 dead, 6 injured in fireworks factory blaze in Philippines
MANILA, Feb. 1 (Xinhua) -- A blaze erupted at a small fireworks factory in Laguna province, south of Manila, on Thursday, killing two people and injuring six others, local police said. The fire broke out in Cabuyao city in the afternoon. Two people died on the spot, while some of those who sustained injuries were in critical condition, police said. Firefighters put out the fire two hours later, preventing.....»»
2 dead, 10 hurt in Laguna fireworks factory blast
Two people died and at least 10 were injured after an explosion rocked a fireworks factory in Cabuyao City in Laguna yesterday afternoon......»»
Xinhua Asia-Pacific news summary at 1600 GMT, Jan. 24
NEW DELHI -- Two people were killed and three others critically injured in a blast at a firecracker factory on Wednesday in the southern Indian state of Tamil Nadu, police said. The blast took place in Virudhunagar district, about 519 km southwest of Chennai, the capital city of Tamil Nadu. According to police, the victims were working in the factory and the injured were admitted to a local hospital. (India-Fire.....»»
About 20 dead in Thai fireworks factory blast; no survivors found
BANGKOK — A blast at a fireworks factory north of Bangkok on Wednesday claimed the lives of approximately 20 individuals, according to the police. Despite ongoing inspections by authorities, no survivors have been located at the site yet. It was not immediately clear what caused the incident, which took place mid-afternoon in Suphan Buri province.....»»
BSP sees room for further rate hike
After discounting the possibility of a rate cut in the first half of the year, the Bangko Sentral ng Pilipinas (BSP) believes there is still room to raise interest rates amid the country’s robust economic growth......»»
Why the dollar is still strong
Despite the ongoing wars in Ukraine and Gaza, Fitch’s credit rating downgrade of the US, the lowering of the US credit rating outlook to negative by Moody’s and a growing US debt burden, the US dollar has regained its strength......»»
Why the dollar is still strong
Despite the ongoing wars in Ukraine and Gaza, Fitch’s credit rating downgrade of the US, the lowering of the US credit rating outlook to negative by Moody’s and a growing US debt burden, the US dollar has regained its strength......»»
‘Long ways to go’: Cone still sees room for improvement after Gilas rout
Coach Tim Cone sees both the good and the bad in Gilas Pilipinas' 30-point demolition of Hong Kong at the start of the FIBA Asia Cup Qualifiers.....»»
‘More robust’ Philippines-Australia ties seen in Marcos Jr. visit
President Marcos vowed yesterday to act as a “bridge” that would further link the Philippines with its strategic partner Australia during his two-day visit to Canberra, which he hopes will lead to “more robust” ties between the two countries......»»
‘Philippine banks to ride wave of robust economic growth’
The projected robust economic growth this year could shape up into a better year for Philippine banks, S&P Global Ratings said......»»