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OFW remittances post strong growth

Remittances sent home by overseas Filipino workers recorded a strong growth for the second straight month in March amid the reopening of borders in host countries and the continued rollout of COVID-19 vaccines, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource: philstar philstarMay 18th, 2021

Innovation and Ecosystem Development: A weapon to arrest IT-BPM industry slow down

The Information Technology-Business Process Management (IT-BPM) industry in Cebu is now experiencing a slow growth since 2016 and innovations and developing a strong ecosystem are identified as key to help renew the industry’s growth. Cebu Information Technology-Business Process Management Organization (CIB.O) President Pert Cabataña in his talk at the 2021 Transformation Summit points out the […] The post Innovation and Ecosystem Development: A weapon to arrest IT-BPM industry slow down appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsJul 15th, 2021

OFW remittances post 2-digit growth in May

Remittances from overseas Filipino workers recorded a double-digit growth for the second straight month in May as deployment continued to accelerate amid the easing of travel restrictions as host countries ramp up COVID-19 vaccination, Bangko Sentral ng Pilipinas Governor Benjamin Diokno said yesterday......»»

Category: financeSource:  philstarRelated NewsJul 14th, 2021

COVID-19 economy: What are we doing wrong?

How is it that a country like the Philippines, “which by all the usual metrics of having ‘strong macroeconomic fundamentals’ pre-COVID-19, both relative to its own past history and relative to its regional neighbors, would end up having the second-largest contraction in GDP in the second quarter of 2020 and the worst projected economic growth […] The post COVID-19 economy: What are we doing wrong? appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsDec 5th, 2020

BSP data: Strong dollar remittances in Sept keep PH economy from sinking

MANILA, Philippines — The Philippines’ estimated 10 million citizens abroad once more stepped in to buoy the local economy in the middle of a crisis, driving a late third quarter surge in dollar remittance that helped ward off a worst case scenario earlier feared by the central bank. In a statement, the Bangko Sentral ng […] The post BSP data: Strong dollar remittances in Sept keep PH economy from sinking appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsNov 16th, 2020

Strong peso foreshadows bad economic news, says ING economist

MANILA, Philippines — The strong peso may be a portent of bad economic news because it is being caused primarily by a steep drop in imports that were needed for the Philippines to maintain its growth trajectory, according to an economist. At the same time, ING Bank Manila senior economist Nicholas Mapa warned that a rebound […] The post Strong peso foreshadows bad economic news, says ING economist appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsSep 21st, 2020

'Tokyo2020 | Hidilyn Diaz wins PH first Olympic Gold

"After all that I went through, God prepared me to be strong today." The post #Tokyo2020 | Hidilyn Diaz wins PH first Olympic Gold appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated News9 hr. 52 min. ago

Mega Global hopeful of sustained growth

Sardines manufacturer Mega Global Corp. is hopeful it will sustain its growth this year as it continues to improve the quality of its products and prioritize the health of its workforce amid the strong demand for canned goods brought on by the pandemic......»»

Category: financeSource:  philstarRelated NewsJul 26th, 2021

Kurt Barbosa out of gold medal contention, falls to world champ

MANILA, Philippines—Kurt Barbosa failed in his bid for glory, losing to world No. 1 Jang Jun of South Korea, 26-6, in the round of 16 of the men’s -58 kilogram division in the taekwondo competition of the 2020 Tokyo Olympics at Makuhari Messe Hall. The 6-foot Jang, the 2019 world champion, started the match strong […] The post Kurt Barbosa out of gold medal contention, falls to world champ appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsJul 24th, 2021

Pagasa: Strong winds still expected until weekend

GINATILAN, CEBU — The southwest monsoon was forecasted to bring moderate to strong wind in Metro Cebu until the weekend, The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said on Friday, July 23, 2021. “Ang atong hangin which is kusog kay affected ta sa southwest monsoon,” Angelica Orongan Pagasa-Mactan weather specialist said. (Strong wind […] The post Pagasa: Strong winds still expected until weekend appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsJul 23rd, 2021

EP ‘Pagsibol’ ng SB19 mapakikingnan na!

MANILA, Philippines – MAPAkikinggan na nA’TIN ang pinakabagong EP ng SB19 na pinamagatang “Pagsibol.” Sa isang virtual press conference, nilahad ng grupo ang kwento sa likod ng bagong EP. “Pagsibol will talk about our growth, about our journey as SB19 from the beginning up to where we are now today,” sinabi ni Justin sa isang […] The post EP ‘Pagsibol’ ng SB19 mapakikingnan na! appeared first on REMATE ONLINE......»»

Category: newsSource:  remateRelated NewsJul 22nd, 2021

Strong winds damage beach cottages in Argao

CEBU CITY, Philippines — Strong winds on Monday afternoon, July 19, damaged several properties in a beach in Argao town in southern Cebu. The Argao Municipal Disaster Risk Reduction and Management Office (MDRRMO) reported on Monday that cottages in Mahayahay Beach in Looc, Barangay Poblacion sustained damage after strong winds ripped off their roofs.  Fortunately, […] The post Strong winds damage beach cottages in Argao appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsJul 19th, 2021

DTI: Economy to post positive growth in Q2

The economy may begin posting positive growth in the second quarter should the country be able to prevent a new wave of COVID-19 cases, the Department of Trade and Industry said......»»

Category: financeSource:  philstarRelated NewsJul 17th, 2021

Index gets lift from remittance growth in May

Dollar remittances provided a lift to stock trading as investors moved on from Fitch’s credit outlook downgrade to a brighter spot in the rise in remittance inflows......»»

Category: financeSource:  philstarRelated NewsJul 14th, 2021

Office space demand to remain strong – JLL

Demand for office spaces is expected to remain stable and resilient, with the business process outsourcing sector leading the growth in the Philippines, according to a study by Jones Lang LaSalle......»»

Category: financeSource:  philstarRelated NewsJul 14th, 2021

Low base boosts June car sales to 4-month high

Car sales soared to a 4-month high in June to post another double-digit growth, as low base effects from last year’s pandemic-induced slump continued to bloat the figures......»»

Category: newsSource:  philstarRelated NewsJul 13th, 2021

FDI inflow surges to $679 million in April

The net inflow of foreign direct investments more than doubled to $679 million in April from $317 million a year ago on the back of positive investor sentiment on the country’s macroeconomic fundamentals and strong growth prospects, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJul 13th, 2021

Chan parades strong healthcare services, solid COVID-19 response in SOCA

LAPU-LAPU CITY, Philippines — Lapu-Lapu City Mayor Junard “Ahong” Chan highlighted the accomplishments of his administration in the last two years during his State of the City Address (SOCA) on Thursday afternoon, July 8, 2021, at Gaisano Island Mall-Mactan, Barangay Pajo, here. The mayor’s SOCA focused on health services, frontline services, tourism, infrastructure, organization and […] The post Chan parades strong healthcare services, solid COVID-19 response in SOCA appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsJul 8th, 2021

JCurve Solutions announces strong Q4 financial results, new Chief Growth Officer

JCurve Solutions, a cloud technology solution provider, kicks off its new financial year off the back of a strong sales quarter achieving AUD $4.0 million worth of sales in Q4 FY2021---a 40 percent year-on-year growth from AUD $2.8 million in Q4 FY2020. .....»»

Category: techSource:  thestandardRelated NewsJul 6th, 2021

Slow pace of COVID-19 jabs dims Philippine growth outlook

The still slow pace of COVID-19 vaccination in the country continues to dampen prospects for a strong economic recovery this year even as domestic activity is showing signs of a rebound......»»

Category: financeSource:  philstarRelated NewsJul 5th, 2021

Maureen Wroblewitz ibinandera ang sikreto sa relasyon nila ni JK Labajo; idol na idol si Kathryn

GOING strong pa rin ang relationship ng model-actress na si Maureen Wroblewitz sa young singer at songwriter na si Juan Karlos “JK” Labajo. Ayon kay Maureen, maayos at walang masyadong issue sa relasyon nila ng kanyang boyfriend at mas gusto raw nila na pa-low profile lang ang kanilang lovelife para less tsismis at intriga. Sa […] The post Maureen Wroblewitz ibinandera ang sikreto sa relasyon nila ni JK Labajo; idol na idol si Kathryn appeared first on Bandera......»»

Category: newsSource:  inquirerRelated NewsJul 5th, 2021