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Philippines FDI net inflows grow by 89.9 pct in January
MANILA, April 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 89.9 percent in January to 907 million U.S. dollars, the country's central bank said Wednesday. "The increase in FDI was supported mainly by the 173.2 percent expansion in nonresidents' net investments in debt instruments to 820 million dollars from 300 million dollars in January 2023," the Bangko S.....»»
Vehicle sales rev up by 23% in February
Vehicle sales accelerated by more than a fifth in February from a year ago, supported by automotive firms’ marketing efforts as well as stable interest rates......»»
Aboitiz Group raises 2024 capex
The Aboitiz Group is poised to expand its various business units this year, supported by a substantial increase in capital expenditures......»»
The 12th PropertyGuru Philippines Property Awards Diversify to Spotlight the Country’s Growing Investment Destinations
The 2024 edition of the PropertyGuru Philippines Property Awards is set to present the highest marks of excellence to real estate enterprises and design leaders across Luzon, Visayas, and Mindanao. The 12th Annual PropertyGuru Philippines Property Awards, presented by Kohler and supported by Boysen Paints and Dongpeng Ceramic, will be celebrated Friday, 6 September 2024 […].....»»
Marcos to back filing of case if there’s proof of cyanide use in WPS
The filing of a case in connection with the alleged use of cyanide in Bajo de Masinloc (Scarborough Shoal) allegedly by foreign fishermen, “if there is enough ground to do so,” would be supported by President Ferdinand Marcos Jr. President Marcos said this on Tuesday. But an earlier claim by the Bureau of Fisheries and.....»»
Go inspects Calamba Super Health Center
Sen. Bong Go inspected a Super Health Center in Calamba, Laguna, on Monday after meeting scholars whom he supported at the University of Perpetual Help System......»»
Rama on Duterte-Marcos word war: ‘It’s not fair to those who supported UniTeam’
CEBU CITY, Philippines – Cebu City Mayor Michael Rama could not help but express his dismay on the ongoing word war involving President Ferdinand Marcos Jr. and former President Rodrigo Duterte. Rama said he finds the “tug-of-war” involving the two UniTeam leaders “unfair” especially to their members. The Cebu City mayor said that it was.....»»
Economy likely grew by 6.2 percent in Q4
The Philippine economy likely posted a faster growth rate in the fourth quarter of 2023 than in the third quarter, supported by gains in the labor market, according to an economist......»»
The Mental Wellness Odyssey: Unveiling Travel’s Transformative Power
In our hectic world, travel transcends leisure, impacting mental health beyond its scenic and cultural appeal, as supported by scientific evidence. Escape Stress: Travel breaks routine, offering a refreshing respite from daily demands, reducing stress. Joyful Exploration: Experiences, not possessions, bring happiness. Travel’s thrill and diversity elevate joy. Mindful Journey: Travel promotes mindfulness, offering moments […].....»»
Chinese presence at NGCP
The Chinese presence at NGCP can be blamed on former president Gloria Macapagal-Arroyo who allowed it to happen. She was very close to China, trying a pivot to China away from the United States through Chinese supported infrastructure projects......»»
LPA to bring rain over Mindanao
A low-pressure area (LPA) spotted outside the Philippine area of responsibility (PAR) is expected to bring rain over Mindanao, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration......»»
Weather tracker- Tropical Cyclone Kirrily brings 170km-h gusts to Queensland - Extreme weather
Cyclone downgraded after dense fog hits parts of the US and India while drought affects Philippines and southern Africa Tropical Cyclone Kirrily made landfall on the coast of Queensland on Thursday night (local time). Kirrily originated as a tropical low over the Coral Sea, and gradually intensified over several days. The tropical cyclone then quickly intensified on Thursday, reaching a category 2 system by 10am AEST, and.....»»
Parents worried over earlier end of classes this year, citing days of missed classes due to weather
DAVAO CITY (MindaNews / February 25) – Parents here are worried over the announcement of an earlier end of classes this schoolyear – May 31 instead of June 14 – citing days of missed classes due to heavy rains brought about by the shear line and trough of a low pressure area. Bebang Miloy, 37, […].....»»
Historically low valuation
The Philippine stock market bloodbath over the past two years saw the PSEi plummet from 7,122.6 on the last trading day of 2021 to 6,566.4 on the last trading day of 2022 for a 7.8 percent annual retreat and slide even further in 2023 to close at 6,450.0 on the last trading day of the year. In terms of valuation, the PSEi’s 2023 year-end 12.9x price-to-earnings (P/E) ratio does not fare well when compared against its past performance in prior years......»»
NU teammates say Belen s impact goes beyond scoring
NU teammates Alyssa Solomon and Vange Alinsug weren’t sweating at Bella Belen’s uncharacteristically low-scoring game in the Lady Bulldogs’ three-set win over the Ateneo Blue Eagles in the second round of the UAAP Season 86 women’s volleyball tournament on Wednesday......»»
Vietnam Objects to China s Expanded Reach in Gulf of Tonkin
washington - Vietnam is crying foul over a Chinese bid to redefine its coastal waters in the Gulf of Tonkin, a waterway at the northern end of the South China Sea lying between China's Hainan Island and Vietnam.Beijing's delineation of a new baseline in the gulf was declared earlier this month. Under the U.N. Convention on the Law of the Sea (UNCLOS), a country's baseline is essentially its shoreline at low tide.....»»
Losses to Philippine agriculture due to El Nino reach 31 mln USD
MANILA, March 20 (Xinhua) -- The El Nino dry spell and ensuring drought have caused over 1.75 billion pesos (roughly 31 million U.S. dollars) in damage to Philippine agriculture, a senior government official said Wednesday. This year's losses due to El Nino are still low compared to 2009 when the damage to agriculture reached 17 billion pesos (302 million dollars), Presidential Communications Office Assistant Se.....»»
Nature’s Kaleidoscope
A low lying rainbow shows up over a mountain past a pineapple farm in Malaybalay City mid afternoon Sunday (10 March 2024). MindaNews photo by BOBBY TIMONERA.....»»
Over 242,000 Mindanaoans evacuated due to amihan, trough of LPA
The combined effects of the Northeast Monsoon and trough of low pressure area have already displaced hundreds of thousands in southern Philippines, with floods and landslides killing residents......»»
Power rates down by P0.37/kWh for Feb-Mar billing
High on love but low on power rates! Valentine’s Day for residential consumers of Visayan Electric is expected to be sweeter as electricity rates for the billing month of February-March will be P0.37/kWh lower compared to last month. This decrease, bringing the total rate down from last month’s P11.62/kWh to P11.25/kWh, is attributed to lower.....»»