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Philippines slightly upgrades GDP growth to 6 pct in Q3
MANILA, Jan. 30 (Xinhua) -- The Philippine Statistics Authority (PSA) on Tuesday slightly upgraded year-on-year growth of gross domestic product (GDP) for the third quarter of 2023 to 6 percent from preliminary estimate of 5.9 percent. "The major contributors to the upward revision were manufacturing, from 1.7 percent to 1.8 percent; financial and insurance activities, from 9.5 percent to 9.6 percent; and accomm.....»»
T-bond rates up slightly
The government borrowed P30 billion from the domestic debt market at a slightly higher rates ahead of the policy decision of the US Federal Reserve......»»
Meralco power rates slightly up this month
Rates of Manila Electric Co. are up slightly at the start of 2024......»»
SSS net income soars to all-time high of P83B in 2023
MANILA, Philippines —The Social Security System (SSS) posted a net income of P83.13 billion in 2023, exceeding by 62.8 percent its target of P51.06 billion for the year and the highest attained so far by the state pension fund. Based on its unaudited financial statement, the SSS said the 2023 bottom line market a big jump.....»»
BPI profit hits record high P51.7 billion in 2023
“The bank’s solid financial performance is a reflection of its strengthened customer franchise and deeper customer engagement which led to record volumes and market share gains in several businesses,”.....»»
[The Slingshot] Paolo Duterte’s scandalous P51 billion
'Where did that huge stash of money go? It is a question that each Duterte in public service is unwilling to answer.'.....»»
NGCP holds ceremonial switch-on for P51 billion Mindanao-Visayas Interconnection
The completion of the 450-megawatt Mindanao-Visayas Interconnection Project of the National Grid Corp. of the Philippines will unlock enormous socio-economic opportunities in the two regions, President Marcos said yesterday......»»
Marcos: Philippines ‘trying everything’ to lower tensions with China
“We are trying everything. We still continue to talk at a ministerial level, at a sub-ministerial level, at a people-to-people level,” Marcos said. .....»»
Marcos: Philippines ‘trying everything’ to lower tensions with China
“We are trying everything. We still continue to talk at a ministerial level, at a sub-ministerial level, at a people-to-people level,” Marcos said. .....»»
Pantabangan Dam may hit critical level by end-April
The water level in Pantabangan Dam in Nueva Ecija may reach critical level by the end of April, affecting irrigation supply, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration......»»
T-bill rates ease as demand swells
Demand for the government’s short-term securities rose to its highest level in three months, with rates slightly going down even after inflation quickened anew in February......»»
Tesda sa Barangay aims to boost communities
THE Technical Education and Skills Development Authority (Tesda) strengthens communities through its training programs by institutionalizing “Tesda sa Barangay.".....»»
CSC strengthens government workers’ right to organize
The Civil Service Commission has strengthened the policy on government workers’ right to organize as it launched the consolidated rules and regulations on conciliation services, the effectivity of collective negotiation agreements and recognition of national employees’ organizations......»»
British Council strengthens commitment, identifies Philippines as ‘super-priority for 2024
Leveraging the UK's expertise in arts, culture, education and the English language, along with its global network spanning over 100 countries, the British Council has developed a distinctive approach to drive positive change across various sectors in the Philippines. .....»»
Razon unit strengthens exposure in water infrastructure
The Razon Group’s joint venture with a privately owned Australian construction company plans to beef up its presence in the water infrastructure space to support its growth in the coming years......»»
President Marcos hopes Ramadan strengthens kinship among Filipinos
As he joined the Muslim community in observance of Ramadan or the holy month of fasting, President Marcos yesterday expressed hope that the religious occasion would “strengthen kinship” among Filipinos......»»
Ruru Madrid learns from action idols, rides high on ratings
Ruru Madrid further strengthens his foothold in the action genre with the GMA Primetime Telebabad show, “Black Rider.” It’s a follow-up to the action and adventure-filled “Lolong,” with the drama-fantasy “The Write One” as, in a way, a breather from the genre and a reminder of his versatility......»»
SEC strengthens push for sustainable finance
The Securities and Exchange Commission has reinforced its push for sustainable finance through the adoption of the country’s taxonomy guidelines......»»
RCBC strengthens sustainable advocacy
Rizal Commercial Banking Corp. has amended its sustainable finance framework, aligning its principles with global standards to promote responsible financing and protect natural resources......»»
Baguio temperature dips as monsoon strengthens
The temperature in Baguio City went down to 13.4 degrees Celsius yesterday as the northeast monsoon or amihan strengthened, affecting most areas in Luzon including Metro Manila, according to state meteorologists......»»