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IMF hikes Philippines 2024 growth target
The International Monetary Fund upgraded its 2024 economic growth forecast for the Philippines amid the stronger rebound in investments and exports......»»
San Miguel income soars to P44.7 billion in 2023
Diversified conglomerate San Miguel Corp. expects to sustain its growth momentum this year after earnings soared in 2023 on the back of significant volume growth across its key businesses......»»
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......»»
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 […].....»»
Analysts paint rosier economic picture for 2024
The country’s strong economic growth is likely to be sustained this year on the back of rising exports and robust private consumption, according to the Department of Trade and Industry as well as private banks......»»
Phinma allots P4.5 billion for 2024 capex
The Phinma Group has earmarked P4.48 billion for capital expenditures this year to sustain the company’s growth momentum......»»
DigiPlus earmarks P2 billion for 2024 capex
Fast-growing digital entertainment company DigiPlus Interactive Corp. plans to spend as much as P2 billion this year as it looks to sustain its growth momentum and ramp up its digital offerings......»»
Jollibee spending P23 billion for capex
Jollibee Foods Corp. is spending as much as P23 billion this year to sustain its growth momentum after posting strong profitability in 2023......»»
Marijuana courier dies in General Santos road accident
A motorcycle-riding courier out to deliver some P20,000 worth of his illegal merchandise died in a road accident in Barangay Calumpang in General Santos City before dawn Friday......»»
Marijuana courier dies in General Santos road accident
A motorcycle-riding courier out to deliver some P20,000 worth of his illegal merchandise died in a road accident in Barangay Calumpang in General Santos City before dawn Friday......»»
Davao LGU to meet with vendors after video of goods’ confiscation went viral
DAVAO CITY (MindaNews / March 25) – The Ancillary Services Unit (ASU) will meet again with vendors after a viral video of cellphone casing merchandise they confiscated near the new Agdao Public Market went viral on social media. “We’ll have a meeting together with the Davao City officials regarding the viral video. We will also […].....»»
1 kilo marijuana seized from courier in Zamboanga City
Anti-narcotics agents seized a kilo of compressed dried marijuana leaves from a dealer intercepted while on his way to deliver the illegal merchandise to a contact in Zamboanga City on Thursday......»»
Barbie Forteza goes viral after turning emotional for receiving Taylor Swift merch
Kapuso actress Barbie Forteza turned emotional after receiving Taylor Swift's "Eras Tour" merchandise from Rain Matienzo. .....»»
Illegal firearms, ammunition dealer in Maguindanao del Sur busted
The police seized hundreds of rounds of ammunition of various calibers and four .45 caliber pistols from an illegal dealer, said to have peddled his merchandise to local terrorists, entrapped in Datu Saudi Ampatuan, Maguindanao del Sur on Friday......»»
Swift-mania hits Australia: ‘You need to calm down’
Die-hard Taylor Swift fans flocked to a Melbourne stadium early Friday, snapping up merchandise hours before the first Australian date of her money-raking, two-year-long “Eras” tour. The 34-year-old megastar kicks off seven Australia shows in Melbourne on Friday, the first of three stadium gigs in the city, before heading to Sydney for four more sell-out.....»»
7 missing as pirates take over boat carrying smuggled cigarettes
Seven of 11 seafarers who were supposed to deliver smuggled cigarettes are missing since Monday after pirates divested them of their merchandise and forced them to jump out of their watercraft in an attack in the western seas of Maguindanao del Norte province......»»
Online shopping for duty-free merchandise launched
Government-owned Duty Free Philippines seeks to increase its revenues this year by double digits by launching an online platform for its products......»»
Celebrate Sinulog in style with Island Souvenirs
Every year, Islands Souvenirs loves to kick-off the new year by celebrating Cebuano’s personalities, history, culture, and creativity through wearable merchandise and this year’s theme, Sinulog Carnival: Life of the Party! Over the years, our institutionalized Cut and Style campaign has cemented itself as a staple Sinulog activity for locals and tourists alike. It has.....»»
NEDA Optimistic on Economic Growth in the PH for 2024
National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan expressed optimism about the country’s economic growth for 2024. According to Balicasan, major development organizations like the IMF, ADB, and the World Bank expect the country to have an economic growth rate of at least 6%. The IMF projects a growth rate of 6.2%, the ADB […].....»»
ADB cuts Philippines growth outlook to 6% in 2024
The Asian Development Bank has trimmed its growth forecast for the Philippines for this year, citing risks posed by extreme weather events that can drive up inflation and the slower growth in advanced economies......»»