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Xinhua world news summary at 1500 GMT, Jan. 11

MANILA -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila. (Philippines-Growth-.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

BDO to remain cautious amid risks

BDO Unibank Inc., the country’s largest bank, will remain cautious this year despite strong profit growth in 2023 and in the first quarter of the year......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

S& P: Philippines may miss growth goal this year

S&P Global Ratings sees the Philippines again missing its growth targets this year as it kept its gross domestic product growth forecast at 5.9 percent. While the projection is better compared to other economies in the region, it is again below the government’s 6.5 to 7.5 percent growth target......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

CitySavings Named One of the 2024 Philippines’ Growth Champions

City Savings Bank (CitySavings) continues to cement its position to become the leading mass market bank in the country with its inclusion as one of the 2024 Philippines’ Growth Champions.  The Philippine Daily Inquirer released the report with international market research firm Statista. This year’s Philippines’ Growth Champions are companies with remarkable growth and resilience […].....»»

Category: newsSource:  metrocebuRelated NewsMar 8th, 2024

Special ASEAN Regional Summit in Australia

SYDNEY - Although Australia isn't a member of ASEAN, the country is hosting a summit of leaders from nine members of the Association of Southeast Asian Nations.Strengthening economic and security ties will be the focus for the Canberra government, which has set aside $186.7 million to help countries in Southeast Asia and more broadly in the Indo-Pacific region boost their maritime security.Analysts say Au.....»»

Category: sportsSource:  abscbnRelated NewsMar 5th, 2024

Australia Hosting Special ASEAN Regional Summit

SYDNEY - Although Australia isn't a member of ASEAN, the country is hosting a summit of leaders from nine members of the Association of Southeast Asian Nations.Strengthening economic and security ties will be the focus for the Canberra government, which has set aside $186.7 million to help countries in Southeast Asia and more broadly in the Indo-Pacific region boost their maritime security.Analysts say Au.....»»

Category: sportsSource:  abscbnRelated NewsMar 5th, 2024

Special ASEAN Regional Summit in Australia

SYDNEY - Although Australia isn't a member of ASEAN, the country is hosting a summit of leaders from nine members of the Association of Southeast Asian Nations.Strengthening economic and security ties will be the focus for the Canberra government, which has set aside $186.7 million to help countries in Southeast Asia and more broadly in the Indo-Pacific region boost their maritime security.Analysts say Au.....»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

Australia Hosting Special ASEAN Regional Summit

SYDNEY - Although Australia isn't a member of ASEAN, the country is hosting a summit of leaders from nine members of the Association of Southeast Asian Nations.Strengthening economic and security ties will be the focus for the Canberra government, which has set aside $186.7 million to help countries in Southeast Asia and more broadly in the Indo-Pacific region boost their maritime security.Analysts say Au.....»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

Marcos visits Australia again for ASEAN summit

Marcos said the ASEAN-Australia Special Summit in Melbourne is an opportunity for the government to reiterate the country’s position on regional and international issues......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

President Marcos to attend Asean-Australia meet in Melbourne

President Marcos leaves today for Melbourne, Australia to take part in the Association of Southeast Asian Nations (ASEAN)-Australia Special Summit......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

United Kingdom offers scholarships for ASEAN women in STEM  

Under the ASEAN-UK SAGE scholarship program by the U.K. government, women who want to pursue a master’s degree in STEM will receive support in tuition fees, stipends, travel costs, visas, and health coverage fees......»»

Category: newsSource:  philstarRelated NewsFeb 28th, 2024

Thailand joins ASEAN agriculture-MSME development plan

The ASEAN Business Advisory Council Thailand has become the latest to sign to the region-wide private sector-led agriculture-MSME Development plan initiated in the Philippines......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

RCBC the best PH bank by network uptime, and UBP ranks at the bottom

Brankas, a Singapore-based fintech software and services provider, published its first annual ASEAN Bank Stability Report to measure the network uptime performance of ASEAN-region banks, and RCBC finished in the top spot among banks in the Philippines with an uptime of 98.3% (31 hours total downtime) including a stretch of seven months with zero downtime events......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Philippines to join ASEAN Tourism Forum 2024 in Lao PDR

The Philippines’ diverse tourism offerings will once again be showcased internationally as the country is set to participate at the ASEAN Tourism Forum (ATF) 2024 in Lao PDR......»»

Category: newsSource:  philstarRelated NewsJan 21st, 2024

BDO shortens second Asean sustainability bond offer period

BDO shortens second Asean sustainability bond offer period.....»»

Category: newsSource:  inquirerRelated NewsJan 17th, 2024

Xinhua world economic news summary at 0830 GMT, Jan. 18

DAVOS, Switzerland -- Although the global economy is facing sluggish growth and numerous challenges, business leaders attending the 54th annual meeting of the World Economic Forum (WEF) remain confident over the prospects of the Chinese economy. Over recent years, China has been an important engine for the global economy. China's gross domestic product (GDP) posted a growth of 5.2 percent year-on-year in 2023, h.....»»

Category: newsSource:  manilanewsRelated NewsJan 18th, 2024

Manila’s ‘last lung’ to remain free from development

Arroceros Forest Park, often described to be Manila’s “last lung,” will remain off-limits to private interests, the city government said yesterday......»»

Category: newsSource:  philstarRelated NewsApr 27th, 2024

Valderrama: Our hearts remain

Valderrama: Our hearts remain.....»»

Category: newsSource:  sunstarRelated NewsApr 22nd, 2024

MMDA to remain strict on e-trike, light vehicle ban

Despite an order from President Marcos, the Metropolitan Manila Development Authority would remain strict in banning light vehicles like e-bicycles, e-tricycles and tricycles from plying major roads in Metro Manila, acting MMDA Chairman Romando Artes said yesterday......»»

Category: newsSource:  philstarRelated NewsApr 20th, 2024

Marcos to Pinoys: Remain firm in your commitment, resolve this dragon year

President Marcos called on Filipinos to remain firm in their commitment and resolve to achieve a harmonious and progressive Philippines as he joined the Filipino-Chinese community in celebrating Chinese New Year yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 11th, 2024