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Philippines posts 642 mln USD surplus in December
MANILA, Jan. 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency dep.....»»
Philippines jobless rate drops to decades-low in December 2023
MANILA, Feb. 7 (Xinhua) -- The unemployment rate in the Philippines decreased to 3.1 percent in December 2023, the lowest since 2005, the Philippine Statistics Authority (PSA) said on Wednesday. "The full-year unemployment rate for 2023 was 4.3 percent compared to 5.4 percent in 2022," PSA head Dennis Mapa said at a press conference. Mapa said about 1.60 million were jobless in December last year. "This w.....»»
Philippines manufacturing output sustains growth in December 2023
MANILA, Feb. 7 (Xinhua) -- The performance of manufacturing production in the Philippines sustained its growth in December 2023, the Philippine Statistics Authority (PSA) said Wednesday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) increased by 2.6 percent and 2 percent in December, respectively......»»
NUSTAR pays tribute to Cebu through its ‘I Love Cebu’ music video
NUSTAR Resort Cebu proudly announces the launch of its much-anticipated “I Love Cebu” campaign, marked by the premiere of its music video that beautifully captures the essence and allure of Cebu’s cultural richness and breathtaking landscapes. To debut on January 12, 2024, this music video offers a fresh interpretation of the “I Love Cebu” anthem......»»
PAL secures spot among top 10 most punctual airlines in 2023
Flag carrier Philippine Airlines secured the second spot for punctuality among Asia-Pacific airlines in December 2023, according to London-based aviation analytics Cirium......»»
MHA, Phonak launch new hearing aid in Cebu
MHA, Phonak launch new hearing aid in Cebu.....»»
Off-White™ opens door in NUSTAR Cebu City
Cebu City, February 15th — Off-White™ is happy to announce that Virgil Abloh’s legacy is celebrated yet again in the Philippines, by the launch of Off-White™ Cebu in NUSTAR Resort Cebu. Opening to the public on 18th February 2024, Off-White™ Cebu will be the third branch of the beloved brand in the country following the.....»»
IN PHOTOS: Balik Cebu 2024
Summary: The Balik Cebu 2024 event, hosted at the Terraces, Ayala Center Cebu, has been a prominent part of the Sinulog festival for 22 years. In collaboration with the Cebu City Government, Mactan International Airport Association, and other tourism stakeholders, it aims to welcome back balikbayans (returning Filipinos) for the grand Sinulog festival. The Balik Cebu Dinner Show offers balikbayans the complete Sinulog experience, featuring Filipino cuisine, performances by Cebuano artists, the Sinulog Mardi Gras, the presentation of Miss Cebu winners and her court, Tribu Basakanaon, and a band performance. Tickets priced at P500 can be purchased at the Balik Cebu Turista Desk by presenting a passport or proof of residence outside the Philippines. Balikbayans can also buy up to three additional tickets for non-balikbayans accompanying them. The event will take place at Ayala Center Cebu on January 18 at 6 PM. (SPONSORED CONTENT).....»»
Sinulog 2024: Modern jeepneys to ply SRP routes on Jan. 21 festival
CEBU CITY, Philippines — There will be modern public utility jeepneys (MPUJs) that will be operating on the day of the ritual showdown. This was confirmed by Lawyer Kent Franceso Jongoy, legal officer of Cebu City Transportation Office (CCTO). Jongoy said that among the issues that they encountered in last year’s Sinulog was the lack.....»»
From the Newsrooms, December 4 to 9
From the Newsrooms, December 4 to 9.....»»
Unemployed Filipinos down to 1.6 million in December 2023 — PSA
National Statistician and PSA chief Claire Dennis Mapa reported that the number of unemployed persons ages 15 and above declined to 1.6 million in December 2023, down from 1.83 million in November 2023......»»
Factory gate prices rise faster in December
Producer prices went up at a slightly faster pace in December from the previous month, driven largely by the manufacture of computer and electronic products......»»
Trade deficit narrows to $4 billion in December
The country’s trade deficit narrowed in December as both exports and imports declined, bringing the full-year 2023 trade gap to $52.42 billion, down from the previous year’s shortfall of $57.65 billion, the Philippine Statistics Authority said......»»
NCR retail price growth steady in December – PSA
Retail prices of goods in Metro Ma- nila snapped a three-month downtrend as it maintained its pace of growth in December from the previous month, according to the Philippine Statistics Authority......»»
Rice stocks down 25 percent in December – PSA
The country’s rice inventory posted a 25.2 percent decline in December, according to data from the Philippine Statistics Authority......»»
Xinhua world economic news summary at 0900 GMT, Jan. 19
MANILA -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency deposits with the BSP.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 19
MANILA -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency deposits with the BSP.....»»
Russia boosting trade with fellow BRICS nation
Turnover with Brazil nearly doubled in December as the South American country ramps up imports of commodities from Moscow Trade between Russia and Brazil surged to record volumes in December despite Western sanctions as fellow BRICS countries continue expanding economic ties, RIA Novosti reported this week. .....»»
New PS5 Pro Console Rumored to Launch for 2024 Holiday Seaso
Sony is gearing up to launch the highly anticipated PS5 Pro just in time for the 2024 holiday season, as leaked documents from a PlayStation.....»»
PCO to launch Bagong Pilipinas digibox
As the Philippines switches from analog to digital terrestrial broadcasting this year, the Presidential Communications Office will launch the “Bagong Pilipinas” digibox to ease the transition for Filipinos who still have their analog televisions......»»