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NCR construction materials price growth eases in 2023
Retail price growth of construction materials in Metro Manila eased in 2023 from the previous year as all commodity groups posted slower increases, according to the Philippine Statistics Authority......»»
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-.....»»
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-.....»»
Wanted: Gentlemen
A shipload (let’s get that consonant right) of questions has been raised over the “gentleman’s agreement” alleged to have been entered into between former president Rodrigo Duterte and China’s Xi Jinping over the disputed Ayungin Shoal in the West Philippine Sea......»»
Wanted: Gentlemen
A shipload (let’s get that consonant right) of questions has been raised over the “gentleman’s agreement” alleged to have been entered into between former president Rodrigo Duterte and China’s Xi Jinping over the disputed Ayungin Shoal in the West Philippine Sea......»»
Wanted: Gentlemen
A shipload (let’s get that consonant right) of questions has been raised over the “gentleman’s agreement” alleged to have been entered into between former president Rodrigo Duterte and China’s Xi Jinping over the disputed Ayungin Shoal in the West Philippine Sea......»»
Wanted: Gentlemen
A shipload (let’s get that consonant right) of questions has been raised over the “gentleman’s agreement” alleged to have been entered into between former president Rodrigo Duterte and China’s Xi Jinping over the disputed Ayungin Shoal in the West Philippine Sea......»»
Government raises P330 million from asset disposals in 2023
The Philippine Deposit Insurance Corp. raised some P330 million from disposing assets of padlocked banks last year......»»
BPI raises $400 million from offshore debt market
Bank of the Philippine Islands has raised $400 million after successfully tapping into the offshore debt market for the first time since 2019......»»
Capitation rate for PhilHealth s Konsulta package raised; new screening services added
The board of directors of the Philippine Health Insurance Corp. approved on Wednesday an increase in the capitation rate for its outpatient benefits package called Konsulta, along with the inclusion of more screening services......»»
PAGASA raises La Niña alert
Saying El Niño has shown signs of weakening, the Philippine Atmospheric, Geophysical and Astronomical Services Administration raised a La Niña watch yesterday......»»
CPG raises P2 billion from share offer
Century Properties raised P2 billion from the listing of its Series B preferred shares on the Philippine Stock Exchange......»»
Philippine lags in ASEAN credit growth indicators
The country’s credit growth is seen declining over the next two quarters, compared to its Association of Southeast Asian Nations peers, Bank of America Global Research said in a report......»»
Residential, mall growth boost FLI profit
The real estate developer of the Gotianun clan kicked off the year with a 14 percent increase in profit, picking up growth momentum from the residential and mall segments......»»
With clean balance-sheet Indian Banking sector has enough opportunity for growth: K V Kamath
New Delhi [India], May 17 (ANI): India's banking sector is ready and fit to support the growth of India in the coming years highlights KV Kamath, Chairman, National Bank for Financing InfrastructureDevelopment in an interview with ANI. He also pointed out that after the government has solved the problems of NPA (Non-Performing Asset) in India and India's banking sector has come out of the twin balance sheet problem so now.....»»
Speaker to BIR: Economic growth rests on hitting targets
Speaker Martin Romualdez urged the Bureau of Internal Revenue to ensure that the tax agency hits its targets this year, emphasizing that “hitting revenue targets means the government can fund its spending program, which will enable growth.”.....»»
Puregold sees sustained growth this year
Puregold Price Club Inc., the flagship retail chain of businessman Lucio Co, is optimistic on sustained revenue growth this year after ending the first quarter with positive financial results......»»
Philippine economy expands 5.7% in Q1
MANILA — The Philippine economy expanded by 5.7 percent in the first quarter of the year, up from 5.5 percent in the previous quarter, according to the Philippine Statistics Authority (PSA). However, this growth was below the government’s target and slower than the 6.4 percent growth recorded in the same period last year. The Marcos administration.....»»
PNB books 10.4% growth in Q1 income
Philippine National Bank of tobacco and airline magnate Lucio Tan booked a 10.4-percent increase in earnings to P5.31 billion in the first quarter from a year-ago level of P4.81 billion, boosted by core business growth and lower credit provisions......»»
SMC, SMIC Phl growth drivers
The Philippines’ two largest conglomerates are powering the country’s robust economic growth this year and in the coming years......»»