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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.....»»

Category: newsSource:  inquirerRelated NewsMar 1st, 2024

NEGOCC CONTINUES BAN | Mayor allows entry of pork to Bacolod to address growing demand

NEGOCC CONTINUES BAN | Mayor allows entry of pork to Bacolod to address growing demand.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

OFWs drive demand for real property

OFWs drive demand for real property.....»»

Category: newsSource:  sunstarRelated NewsFeb 24th, 2024

City Hall defies demand to leave MCWD building

City Hall defies demand to leave MCWD building.....»»

Category: newsSource:  sunstarRelated NewsFeb 23rd, 2024

Millennials, Gen Zs seen to lift travel demand

Low-cost carrier AirAsia Philippines is banking on the youth to carry the travel demand this year, as they tend to involve their loved ones in their plans, increasing spending on trips......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Egg retail prices drop due to low demand

Egg traders are reeling from the decreasing farmgate and retail prices as well as from low demand for the poultry product, according to Gregorio San Diego, chairman of the United Broiler Raisers’ Association......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

Banks expect higher consumer, corporate loan demand in Q1

Despite the higher for longer interest rate scenario, Philippine banks still expect a stronger loan demand from companies and households in the first quarter of the year, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

Journo spends birthday in jail as media groups demand her release anew

“We are calling on the office of UN Special Rapporteur Irene Khan to hear our demands. To help us free Frenchie Mae, to help us assert our press freedom, and to help us fight to express.” The post Journo spends birthday in jail as media groups demand her release anew appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 24th, 2024

Domestic demand likely softened in 2023

The Philippines is expected to have experienced a softening in domestic demand toward the end of 2023 due to a decline in consumer confidence and savings, according to UK-based think tank Pantheon Macroeconomics......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

World Bank maintains GDP growth forecast for Philippines to 5.8 pct in 2024

MANILA, June 4 (Xinhua) -- The Philippine economy will accelerate to 5.8 percent this year, and to 5.9 percent in 2025, according to a forecast report released by the World Bank on Tuesday. Growth is expected to be driven by strong household consumption, sustained strength in the services sector, and improved trade stemming from a rebound in global demand for goods and the continued recovery of services, the Wor.....»»

Category: newsSource:  philippinetimesRelated NewsJun 4th, 2024

World Bank maintains GDP growth forecast for Philippines to 5.8 pct in 2024

MANILA, June 4 (Xinhua) -- The Philippine economy will accelerate to 5.8 percent this year, and to 5.9 percent in 2025, according to a forecast report released by the World Bank on Tuesday. Growth is expected to be driven by strong household consumption, sustained strength in the services sector, and improved trade stemming from a rebound in global demand for goods and the continued recovery of services, the Wor.....»»

Category: sportsSource:  abscbnRelated NewsJun 4th, 2024

World Bank retains Philippines growth outlook

The World Bank has maintained its growth forecasts for the Philippines for this year until 2026 on expectations of easing inflation, strong domestic demand as well as improved trade performance......»»

Category: financeSource:  philstarRelated NewsJun 4th, 2024

Car sales zoom by 22% in April

Vehicle sales in the country accelerated by more than a fifth in April from a year ago, supported by strong demand and availability of automotive financing......»»

Category: financeSource:  philstarRelated NewsMay 29th, 2024

Factory activity expands at fastest pace in 5 months

The country’s manufacturing sector in April expanded at the fastest pace in five months, supported by strong demand......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

Vehicle sales up by 13% in Q1

Sales of motor vehicles in the country rose by 12.7 percent in the first quarter from a year ago, supported by strong consumer demand and improved supply......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

Malaysian airline Capital A records load factor of 88 pct in FY2023

KUALA LUMPUR, Jan. 24 (Xinhua) -- Malaysian airline group Capital A, formerly AirAsia, has achieved a robust group load factor of 88 percent for the fiscal year of 2023, a year-on-year increase of 5 percentage points. Capital A said in a statement on Wednesday that the load factor showed the return of strong travel demand, which was aligned with the group's effort to inject capacity back into the market and rein.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 2024

Malaysian airline Capital A records load factor of 88 pct in FY2023

KUALA LUMPUR, Jan. 24 (Xinhua) -- Malaysian airline group Capital A, formerly AirAsia, has achieved a robust group load factor of 88 percent for the fiscal year of 2023, a year-on-year increase of 5 percentage points. Capital A said in a statement on Wednesday that the load factor showed the return of strong travel demand, which was aligned with the group's effort to inject capacity back into the market and rein.....»»

Category: newsSource:  philippinetimesRelated NewsJan 25th, 2024

DMCI Holdings bags multiple wins at 14th Asian Excellence Awards

Diversified engineering conglomerate DMCI Holdings Inc. has been awarded four prestigious titles at the 14th Asian Excellence Awards for its outstanding leadership, financial performance and commitment to investor relations......»»

Category: financeSource:  philstarRelated NewsJun 3rd, 2024

Marcos inalok Build, Better, More sa mga dayuhan

Inalok ni Pangulong Bongbong Marcos ang mga dayuhang investor na sumali sa Build, Better, More infrastructure program ng kanyang administrasyon. The post Marcos inalok Build, Better, More sa mga dayuhan first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMay 21st, 2024

Roxas firm suspends trading pending new investor

Millennial businessman Leandro Leviste has shaken the local stock market with his plan to invest P5 billion in Roxas Holdings Inc., but the company suspended trading yesterday until the end of May to avoid speculation on the proposed bailout......»»

Category: financeSource:  philstarRelated NewsMay 20th, 2024