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Global oil demand to grow by 1.9 million bpd in 2024
LONDON (Reuters) -Global oil demand will grow by 1.9 million barrels per day (bpd) this year, according to a prediction by energy research company Wood Mackenzie, a forecast close to the Organisation of the Petroleum Exporting Countries’ (OPEC) estimate for 2024. In remarks shared with delegates at a Wood Mac briefing on Wednesday during the.....»»
Oil prices hit fresh five-month high
Oil prices scored fresh five-month peaks Wednesday on unrest in the crude-rich Middle East and an OPEC+ call for its members to maintain its strategy of reducing output......»»
The Daily Guardian: Competitive Battle for Market Share Arises as U.S. Oil Production Soars
Title: Saudi Arabia Struggles to Stabilize Oil Prices Amid Rising US Production In a bid to support oil prices, Saudi Arabia and its OPEC+ allies.....»»
Marcos says Duterte struck secret deal with Beijing on South China Sea - BenarNews
Marcos says Duterte struck 'secret' deal with Beijing on South China Sea BenarNews.....»»
Agoda Unveils Asia’s Top 9 Nature Destinations
To mark the launch of Eco Deals 2024, Agoda’s flagship US$1 million partnership with the World Wide Fund for Nature (WWF), the digital travel platform has compiled a list of some of Asia’s favored nature destinations across Asia, based on searches made on Agoda in January 2024. Enric Casals, Vice President of Southeast Asia, Agoda, […].....»»
Aboitiz InfraCapital’s West Cebu Estate Earns Recognition as ‘Best Industrial Development in Asia’ at Asia Property Awards
In its inaugural appearance at PropertyGuru’s Asia Property Awards, Aboitiz InfraCapital (AIC) Economic Estates’ West Cebu Estate clinched the prestigious title of “Best Industrial Development in Asia.” This recognition shines a spotlight on Balamban, Cebu, establishing it as a vibrant global investment hub. The achievement is attributed to the strong economic and social development fostered […].....»»
PH Remains One of the Fastest Growing Economies in East Asia and Pacific, World Bank Says
The World Bank retains its positive outlook on the Philippine economy despite foreseen challenges. According to their April 2024 East Asia and Pacific Economic Update, the World Bank projects a 5.8 percent economic growth for the Philippines this year — the East Asia and Pacific region’s second fastest-growing economy. Moreover, the said update also adjusted […].....»»
Singapore must explain Taylor Swift exclusivity deal – lawmaker
The Singaporean embassy must explain allegations that Singapore made a deal to exclusively host Taylor Swift’s concert in Southeast Asia, according to Filipino lawmaker Joey Salceda......»»
Philippines says it can overtake Singapore next year as Asia s No. 2 casino hub
Philippines says it can overtake Singapore next year as Asia's No. 2 casino hub The Star Online.....»»
Repression Increased in Asia in 2023, Human Rights Watch Says
Governments across Asia grew more repressive last year, emboldened by Western countries eager to curry favor with allies that might help check China's rise and taking increasingly brazen steps to silence their critics abroad, Human Rights Watch says in a new report.In its World Report 2024, launched Thursday morning in New York, the advocacy group takes stock of the human rights situation in more than 100 countr.....»»
Repression Increased in Asia in 2023, Human Rights Watch Says
Governments across Asia grew more repressive last year, emboldened by Western countries eager to curry favor with allies that might help check China's rise and taking increasingly brazen steps to silence their critics abroad, Human Rights Watch says in a new report.In its World Report 2024, launched Thursday morning in New York, the advocacy group takes stock of the human rights situation in more than 100 countr.....»»
Hamas arrives in Cairo for ceasefire talks with deal ‘on the table’
Washington says a ceasefire deal was already 'on the table,' approved by Israel and awaiting only a sign-off from the militants. But the warring sides give away little information on the state of any progress......»»
Strong GDP expansion gives BSP room to further hike rates
he impressive economic growth posted by the Philippines in 2023 will give the Bangko Sentral ng Pilipinas more space to further raise interest rates in case of shocks, according to economists......»»
MCWD water production drops further
MCWD water production drops further.....»»
MPUJ operators ask Cebu City to study SRP proposal further
MPUJ operators ask Cebu City to study SRP proposal further.....»»
Comelec mulls further limiting substitution due to withdrawal
Comelec mulls further limiting substitution due to withdrawal .....»»
Hamas sends delegation to Egypt for Hamas for further ceasefire talks
Hamas sends delegation to Egypt for Hamas for further ceasefire talks.....»»
No classes in Cebu province due to extreme heat
CEBU CITY, Philippines — All classes in Cebu province are suspended beginning Friday, April 5 until further notice as the summer heat became risky for teachers and students to go out. Governor Gwendolyn Garcia on Friday issued a memorandum, directing local governments under the province’s jurisdiction to cancel all classes until further notice. READ MORE:.....»»
Insurance penetration rate slips further to 1.6 percent
The insurance industry saw its net income rise to P48 billion last year, but its contribution to the overall economy slipped further for the second straight year to only 1.6 percent......»»
Further improvement in Philippines external position seen
The Bangko Sentral ng Pilipinas (BSP) sees a further improvement in the country’s external payments position this year due to a likely higher balance of payments (BOP) surplus and a narrower current account (CA) deficit......»»