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Chinese economy to moderate in 2024: ADB
Manila [Philippines], April 12 (ANI): The Chinese economy is forecast to grow 4.8 per cent in 2024, amid a recovery of household consumption, ongoing property market adjustment, and weak external demand, according to the latest report published by the Asian Development Bank (ADB). The growth in the Asian economy is projected to moderate from a 5.2 per cent expansion last year. An uncertain external macroeconomic environme.....»»
Philippines among top e-waste producers in SEA
Electronic waste in the Philippines increased after the country generated 4.7 kilos per capita in 2022 from 3.9 kilos per capita in 2019, according to environmental group BAN Toxics......»»
ADB approves USD 100 mln loan to support small and medium-sized enterprises in Sri Lanka
Manila [Philippines], March 19 (ANI): The Asian Development Bank (ADB) has approved a USD 100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change. SMEs play a critical role in Sri Lanka's economy, contributing 52 per cent to the country's gross domestic product and employ 45 per c.....»»
Fuel price cut expected this week
Fuel prices are expected to decrease slightly again following a minimal downward price adjustment previously, according to industry sources. In an advisory over the weekend, Unioil said the price of diesel might go down by 20 to 30 centavos per liter and gasoline by 30 to 50 centavos per liter. ALSO READ: Fuel prices rise.....»»
Lechon now P900 per kilo, as Lacson urges mayors to set up checkpoints
Lechon now P900 per kilo, as Lacson urges mayors to set up checkpoints.....»»
Pork price in Bacolod increases to P410 per kilo
Pork price in Bacolod increases to P410 per kilo.....»»
Farmgate price of red onions drops to P29/kilo
The farmgate price of onions further declined to P29 per kilo compared to the previous P40 per kilo or a decrease of P11, according to farmers’ group Samahang Industriya ng Agrikultura yesterday......»»
Oil Prices Set to Drop After 5 Weeks of Increases
Oil companies to reduce fuel prices on Tuesday, following five consecutive weeks of price increases. Oil prices in Caltex, Cleanfuel, Jetti, Petro Gazz, Seaoil, and Shell are expected to roll back to PHP 0.60 per liter of gasoline and PHP 0.10 per liter of diesel. Meanwhile, Caltex, Seaoil, and Shell are also set to lower […].....»»
Rep. Wilbert Lee: P20 per kilo of rice still possible
CEBU CITY, Philippines — The promise of President Ferdinand Marcos Jr. to lower the price of rice to P20 per kilo remains doable if House Bill No. 9020 or the “Cheaper Rice Act” is passed into law, Agri Partylist Representative Wilbert Lee said. Under his proposed bill, Lee said that the government will have to.....»»
High pork retail prices hit
The farmgate price of pork remains low at P200 per kilo, but its retail price has reached as high as P420 per kilo in Metro Manila markets, according to a hog raisers’ group......»»
Rs 4.94 lakh crore DRDO-developed weapon systems in Indian defence forces, says DRDO chief
By Ajit DubeyNew Delhi [India], January 25 (ANI): Defence Research and Development Organisation chairman, Dr Samir V Kamat on Thursday said that nearly Rs 4.94 lakh crores worth of DRDO-developed products have either been inducted or have received the Acceptance of Necessity (AoN) from the Defence Acquisition Council (DAC). In an interview with ANI, the chief of DRDO said that over 60 per cent to 70 per cent of the induct.....»»
Rs 4.94 lakh crore DRDO-developed weapon systems in Indian defence forces, says DRDO chief
By Ajit DubeyNew Delhi [India], January 25 (ANI): Defence Research and Development Organisation chairman, Dr Samir V Kamat on Thursday said that nearly Rs 4.94 lakh crores worth of DRDO-developed products have either been inducted or have received the Acceptance of Necessity (AoN) from the Defence Acquisition Council (DAC). In an interview with ANI, the chief of DRDO said that over 60 per cent to 70 per cent of the induct.....»»
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.....»»
EXPLAINER: Why did the Baltimore bridge collapse and what is the death toll?
(Reuters) -Divers recovered the remains of two of the six missing workers more than a day after a cargo ship smashed into Baltimore’s Francis Scott Key Bridge. The bodies of two men were found in a red pickup truck submerged in the icy waters of the Patapsco River. Rescuers pulled two workers from the water.....»»
Is your salary enough?
The most awaited day for employees is the 15th of the month. On this day, the ATMs become the popularly sought-after machine for salaried employees and workers who must eventually remit their hard-earned cash to their homes......»»
RTWPB-7 okays P500 wage hike for Kasambahays
LAPU-LAPU CITY, CEBU- A good news for domestic workers or kasambahays in Central Visayas. The Regional Tripartite Wages and Productivity Board (RTWPB-7) has approved a proposal to increase their monthly wages by P500. From a minimum wage of P5, 500 per month, those who are working in chartered cities and first class municipalities in the.....»»
Philippines: More than one million children in Muslim Mindanao need protection from highly infectious measles spread
COTABATO/MANILA, 28 March 2024 - A major immunization drive in early April will reach over 1.3 million children in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) following the alarming surge in measles cases with 77 per cent of the confirmed cases in the Philippines being reported from this region.From the 1st until 12th April, health workers will provide lifesaving vaccines to prot.....»»
New wage rates for workers in BARMM set
A regional cross-section wage board and the Bangsamoro labor ministry are now finalizing a new pay scheme for workers in the autonomous region for enforcement by February......»»
Labor groups rally against Charter change, call for wage hike instead
MANILA, Philippines — Labor groups are joining the opposition against Charter change (Cha-cha), with one group urging lawmakers to prioritize passing a law for a P150 wage hike for private sector workers. The Federation of Free Workers (FFW) vice president Jun Mendoza Ramirez in a statement on Sunday emphasized the need to concentrate on the immediate.....»»
Demand high for production workers
Demand high for production workers.....»»