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NCR construction materials price growth eases in 2023

Retail price growth of construction materials in Metro Manila eased in 2023 from the previous year as all commodity groups posted slower increases, according to the Philippine Statistics Authority......»»

Category: financeSource: philstar philstarJan 16th, 2024

Near-target 2023 GDP growth acceptable amidst economic challenges – Neda chief

INQUIRER/ MARIANNE BERMUDEZ MANILA, Philippines — The country’s chief socioeconomic planner, Secretary Arsenio Balisacan of the National Economic and Development Authority (Neda), said that a 2023 economic growth slightly lower than the previous year’s 7.6 percent but near the government’s 6 to 7 percent target range would be considered acceptable, given the challenges faced by the.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

Monde Nissin sees sales, earnings growth in 2023

Monde Nissin Corp., the listed snack foods giant, expects core net income to have grown by mid-teens for 2023 with sales expected to have hit a high single-digit year-on-year growth......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Xinhua world news summary at 1500 GMT, Jan. 11

MANILA -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila. (Philippines-Growth-.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Xinhua world news summary at 1500 GMT, Jan. 11

MANILA -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila. (Philippines-Growth-.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

A new NCR

I have noticed in my 70 years of living in the Philippines that our government hardly plans ahead to provide for potential catastrophic situations that scientists have warned about. Bahala na. Anyway, Filipinos are a resilient people… survivors......»»

Category: financeSource:  philstarRelated NewsMar 19th, 2024

MMDA: E-vehicle ban on nat l NCR roads to take effect on April 15

Electronic vehicles will be officially prohibited on national roads of the National Capital Region starting April 15, the Metropolitan Manila Development Authority said on Monday. .....»»

Category: newsSource:  philstarRelated NewsMar 11th, 2024

MMDA, DoTr umalma sa ‘World’s Worst Traffic’ list, duda na no. 1 ang NCR

MATAGAL nang problema sa ating bansa, lalong-lalo na sa Metro Manila ang matinding traffic. Pero sa kabila niyan, patuloy pa rin ang paghahanap ng solusyon ng ating gobyerno upang tuluyan nang maresolba ang tumitinding sitwasyon. Sa isang press conference, tiniyak ng Metropolitan Manila Development Authority (MMDA) ang pagpapatupad ng necessary traffic management interventions kasunod ng.....»»

Category: newsSource:  inquirerRelated NewsJan 20th, 2024

NEDA Optimistic on Economic Growth in the PH for 2024

National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan expressed optimism about the country’s economic growth for 2024. According to Balicasan, major development organizations like the IMF, ADB, and the World Bank expect the country to have an economic growth rate of at least 6%. The IMF projects a growth rate of 6.2%, the ADB […].....»»

Category: newsSource:  metrocebuRelated NewsApr 24th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024

MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»

Category: newsSource:  philippinetimesRelated NewsJan 27th, 2024

Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024

MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»

Category: newsSource:  manilanewsRelated NewsJan 26th, 2024

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......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

Philippines GDP growth slows to 5.6 pct in 2023

© Provided by Xinhua MANILA, Feb. 1 (Xinhua) -- The Philippine economy grew by 5.6 percent in 2023 after expanding by 5.6 percent in the fourth quarter, below the 6 to 7 percent target range for 2023 set by the government, the Philippine Statistics Authority.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Philippines GDP growth slows to 5.6 pct in 2023

© Provided by Xinhua MANILA, Feb. 1 (Xinhua) -- The Philippine economy grew by 5.6 percent in 2023 after expanding by 5.6 percent in the fourth quarter, below the 6 to 7 percent target range for 2023 set by the government, the Philippine Statistics Authority.....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

MRT-7 construction suffers another delay

The Metro Rail Transit Line 7 (MRT-7) is facing right of way (ROW) troubles in its Bulacan leg, causing another round of delay in the construction, the completion of which is now expected by 2027 at the earliest......»»

Category: financeSource:  philstarRelated NewsMay 19th, 2024

Vatican and Rome enter final dash to 2025 Jubilee with papal bull and around-the-clock construction

Vatican and Rome enter final dash to 2025 Jubilee with papal bull and around-the-clock construction.....»»

Category: newsSource:  sunstarRelated NewsMay 9th, 2024

Labor Day 2024: Cebu engineer honors construction workers

CEBU CITY, Philippines— Nothing beats a simple act of kindness after a long day at work. In this story, a civil engineer who was on his way home chanced upon five construction workers who were walking along a busy highway at the South Road Properties. Emmarson Vincent Resmeros shared on his Facebook account on April.....»»

Category: newsSource:  inquirerRelated NewsMay 1st, 2024

Worker hurt by 4.2 tons of falling metal rods .

A construction worker was injured after 4.2 tons of metal rods fell from a crane at a construction site in Binondo, Manila yesterday morning......»»

Category: newsSource:  philstarRelated NewsApr 24th, 2024

Ex-Mingla Vice Mayor ordered to halt construction works

Ex-Mingla Vice Mayor ordered to halt construction works.....»»

Category: newsSource:  sunstarRelated NewsApr 17th, 2024

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......»»

Category: newsSource:  inquirerRelated NewsApr 12th, 2024