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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

DCPO urges city gov to file raps vs condo

THE Davao City Police Office (DCPO) urges the city government to file charges against a condominium where a couple was murdered on April 21, 2024, due to the absence of CCTVs inside the establishment......»»

Category: newsSource:  sunstarRelated NewsMay 15th, 2024

Digong urges Cebuanos to support Sara in 2028 in rally

Former President Rodrigo Duterte, who was the last speaker just like in the rally in Davao, spoke for over an hour and ended with an appeal to support his daughter and Vice President Sara Duterte in 2028......»»

Category: newsSource:  davaotodayRelated NewsFeb 28th, 2024

Government to address price hikes – NEDA

The government is stepping up efforts to address price increases in basic commodities such as rice following a recent survey indicating that Filipinos are dissatisfied with efforts to manage inflation, according to the National Economic and Development Authority......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

Solo parents to get P1K monthly subsidy

The Local Solo Parents' Ordinance, recently approved by the 20th City Council of Davao City, promises a monthly subsidy of approximately P1,000 for eligible beneficiaries. Councilor Tricia Ann Villafuerte highlighted the ordinance's significance in providing vital support to solo parents and their children, as there are approximately 6,000 solo parents in Davao City. This ordinance is an adaptation of the national law, Republic Act 8972, customized to address the unique needs of solo parents in the city. It aims to meet the essential needs of mothers and their children, including school supplies, consultation, laboratory diagnostics, and financial assistance, such as medical, death, and burial aid. Additionally, solo parents will receive a monthly monetary subsidy of P1,000 and are entitled to a 10 percent discount on select basic commodities, similar to senior citizens and Persons with Disability (PWD). To qualify for the benefits, applicants must submit necessary documents and meet specific criteria, while disqualification grounds include changes in civil status and provision of necessary assistance by the other biological parent as per the Family Code of the Philippines. It's important to note that individuals under the Pantawid Pamilyang Pilipino Program (4Ps) are ineligible for the Local Solo Parents' Ordinance......»»

Category: newsSource:  sunstarRelated NewsJan 27th, 2024

‘Register early, don’t wait for deadline,’ Tongson urges new voters

‘Register early, don’t wait for deadline,’ Tongson urges new voters.....»»

Category: newsSource:  sunstarRelated NewsMar 14th, 2024

DepEd 7 urges early registration for school year 2024-2025

DepEd 7 urges early registration for school year 2024-2025.....»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024

Garcia urges municipal officials to level up preparations for Suroy Suroy Sugbo northern tour

Garcia urges municipal officials to level up preparations for Suroy Suroy Sugbo northern tour.....»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024

Wegotmail: PMPI urges ceasefire in Gaza, backs int l call for peace, humanitarian aid

Wegotmail: PMPI urges ceasefire in Gaza, backs int l call for peace, humanitarian aid.....»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

Uncertainty looms over Davao-Samal Bridge project amid RoW hurdles

The construction of the Samal Island-Davao City Connector (SIDC), also known as the Davao-Samal Bridge project, has faced numerous setbacks due to right-of-way (ROW) acquisition challenges. The project was halted on January 3, 2024, due to issues with landowners near a pier in Lanang at Davao City, leading to delays in the project's implementation. While there have been conflicting statements regarding the project's status, the National Economic and Development Authority-Davao Region (Neda-Davao) aims to complete the detailed engineering plans for the substructure of the west land via dock once the Deed of Transfer Possession in Davao City is released. However, ROW issues continue to persist. Despite these challenges, the project is still considered a priority and is included in the Davao Region Development Plan (DRDP) for 2023–2028. The project is funded through China’s Official Development Assistance with an estimated budget of P23.04 billion, and negotiations with the Philippine government are ongoing with a target completion date in 2027. The uncertainty surrounding the project's timeline remains as ROW hurdles persist, impacting the much-anticipated toll-free four-lane concrete exodus bridge spanning a 3.98-kilometer distance......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

China maintains defence budget growth despite economic travails

Hong Kong, March 12 (ANI): At the 14th National People's Congress, China announced its defence budget for 2024 and interestingly maintained the growth rate of its military expenditure at precisely the same percentage as last year, as Chairman Xi Jinping continues to prioritize the People's Liberation Army (PLA) at the expense of other sectors of government funding. Indeed, according to figures released on the opening day.....»»

Category: newsSource:  manilanewsRelated NewsMar 12th, 2024

Mindanao railway project up for NEDA review

The government is evaluating anew the Mindanao Railway project to update costs and potential ridership, with the possibility of shifting financing mode to include the private sector, instead of purely loans......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

NEDA welcomes award of NAIA PPP

The award of the contract for the P170.6-billion project to rehabilitate the Ninoy Aquino International Airport highlights the emphasis of the Marcos administration in providing world-class air transportation infrastructure to achieve the government’s economic transformation agenda, according to the National Economic and Development Authority......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2024

China urges Philippines to settle maritime differences through negotiation

BEIJING, May 16 (Xinhua) -- China urges the Philippines to face the facts, honor its word, stop infringement and provocations at once and return to the right track of properly settling maritime differences through negotiation and consultation, Chinese foreign ministry spokesperson Wang Wenbin said on Thursday. Wang said that China has made its position clearly regarding the comments of Philippine senior official.....»»

Category: newsSource:  manilanewsRelated NewsMay 17th, 2024

Our Blessed Mother urges faithful to use sacramentals

Our Blessed Mother urges faithful to use sacramentals.....»»

Category: newsSource:  sunstarRelated NewsMay 13th, 2024

Bishop urges action to foster peace amid unrest in Negros Island

Bishop urges action to foster peace amid unrest in Negros Island.....»»

Category: newsSource:  sunstarRelated NewsMay 12th, 2024

DTI Cebu chief urges safety in buying cooling appliances

DTI Cebu chief urges safety in buying cooling appliances.....»»

Category: newsSource:  sunstarRelated NewsApr 21st, 2024

‘ENSURE POWER STABILITY’ | Lacson urges more renewable power investors

‘ENSURE POWER STABILITY’ | Lacson urges more renewable power investors.....»»

Category: newsSource:  sunstarRelated NewsApr 21st, 2024

China urges Philippines to stop provocations in South China Sea

BEIJING, April 1 (Xinhua) -- China urges the Philippines to immediately stop violating China's sovereignty and its provocations on Ren'ai Jiao, and return to observing the spirit of the Declaration on the Conduct of Parties in the South China Sea (DOC), Chinese foreign ministry spokesperson Wang Wenbin said on Monday. Wang made the remarks when asked to comment on a statement made by the Philippine department of.....»»

Category: sportsSource:  abscbnRelated NewsApr 2nd, 2024