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The Equalizer

Albay 2nd District Rep. Joey Sarte Salceda is taking up the cudgels for over 28 million disadvantaged Filipinos – the 15 million solo parents, 12 million senior citizens and 1.5 million persons with disability......»»

Category: newsSource:  philstarRelated NewsMay 14th, 2024

Disney+ Loses 1.3 Million Subscribers After Price Hike

Disney+ has seen a decline in its subscriber base by 1.3 million following a price increase implemented in the final quarter of 2023 while being able to mitigate losses by a noteworthy $300 million. During the Q1 FY24 Earnings Call, Disney revealed that Disney+ witnessed a drop from 112.6 million subscribers on September 30, 2023, […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 8th, 2024

$247 million hot money exits Philippines in 2023

A total of $247.3 million worth of speculative funds exited the Philippines last year, reversing the $886.7 million net inflow recorded in 2022, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

P35 million allotted for Araw ng Dabaw

DAVAO CITY (MindaNews / 27 February)—The City Government of Davao has allocated P35 million for this year’s Araw ng Dabaw, P8 million more than last year’s celebration, a city councilor said. Councilor Myrna Dalodo-Ortiz, who chairs the finance, ways and means and appropriations committee, said that the city government’s allocation for the annual event includes […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 27th, 2024

Philippines: More than one million children in Muslim Mindanao need protection from highly infectious measles spread

COTABATO/MANILA, 28 March 2024 - A major immunization drive in early April will reach over 1.3 million children in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) following the alarming surge in measles cases with 77 per cent of the confirmed cases in the Philippines being reported from this region.From the 1st until 12th April, health workers will provide lifesaving vaccines to prot.....»»

Category: newsSource:  manilanewsRelated NewsMar 30th, 2024

Philippines air passenger volume balloons to 50 million

Air travel in the Philippines ballooned by more than half to 50.18 million passengers in 2023, but remains a mile behind pre-pandemic peak as demand for international flights is slow to pick up......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Coin deposit machines log P577 million transactions

The value of transactions through the coin deposit machines deployed by the the Bangko Sentral ng Pilipinas is close to reaching the P600-million mark, as more and more Filipinos use the machines to deposit their idle coins......»»

Category: financeSource:  philstarRelated NewsMar 30th, 2024

2.4M Dabawenyos working as of Oct 2023

The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Study says since 1979 climate change has made heat waves last longer, spike hotter, hurt more people

Climate change is making giant heat waves crawl slower across the globe and they are baking more people for a longer time with higher temperatures over larger areas, a new study finds. Since 1979, global heat waves are moving 20% more slowly — meaning more people stay hot longer — and they are happening 67%.....»»

Category: newsSource:  inquirerRelated NewsMar 30th, 2024

BOP shortfall narrows to $196 million in February

The Philippines registered a balance of payments shortfall of $196 million in February, its second straight month of deficit, as the government settled more foreign debt obligations last month, the Bangko Sentral ng Pilipinas said......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

More Infra Needed as BPO Workers Rises to 1.7 Million Workers by End of 2023

The business process outsourcing in the Philippines employed a total of 1.7 million workers and generated revenues worth at least 35 billion USD at the end of 2023, according to a report. But for the local industry not to get left behind by other countries, stakeholders want continued investment in infrastructure, real estate, reliable internet, […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 21st, 2024

Over 6 million Filipino Catholics join Black Nazarene procession

MANILA, The Philippines: More than six million Filipino Catholic devotees gathered for this year's procession to honor the Black Nazarene, transforming the streets of Manila into a vibrant display of religious devotion. The centuries-old tradition, which pays homage to the black wooden statue of Jesus Christ believed to possess healing powers, drew massive numbers, resuming after a three-year hiatus due to COVI.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Farmer group in remote Samar town gets nearly half a million assistance from DAR

Some P465 thousand worth of assistance were formally turned over on August 7 this year by the Department of Agrarian Reform (DAR) Samar Provincial Office to the Calanyugan Farmers Association (CFA)......»»

Category: newsSource:  samarnewsRelated NewsFeb 3rd, 2024

IPHO-Lanao del Sur gets P1.5-M grant, supplies

The community service programs of the Integrated Provincial Health Office-Lanao del Sur got a boost with a P1.5 million grant and 20 new wheelchairs from a ranking Bangsamoro regional parliament member, its top official announced on Sunday......»»

Category: newsSource:  philstarRelated NewsJan 28th, 2024

Cebu City: DEPW completes 7 projects worth P26.5M, 27 more to follow

CEBU CITY, Philippines – The Department of Engineering and Public Works (DEPW) in Cebu City has already completed the implementation of seven projects amounting to P26.5 million, while 27 more are already in the pipeline. Engineer Niva Bayucot, acting head of DEPW, said that the seven projects were funded from the Local Development Fund (LDF)......»»

Category: newsSource:  inquirerRelated NewsFeb 17th, 2024

P7.01 million shabu, P3.1 million kush seized

Anti-narcotics agents confiscated 1.03 kilos of shabu with an estimated street value of P7.01 million in Dumaguete City yesterday......»»

Category: newsSource:  philstarRelated NewsMay 15th, 2024

Jobless Filipinos hit 2 million in March 2024 — PSA

During a Wednesday morning press conference, national statistician and PSA chief Claire Dennis Mapa announced an uptick in the number of unemployed persons aged 15 and above to two million in March 2024, up from 1.8 million in February 2024......»»

Category: financeSource:  philstarRelated NewsMay 8th, 2024

EDITORIAL - 40 million without safe water

With a population estimated at 118 million as of January this year, it is disheartening to learn that 40 million Filipinos still lack access to freshwater sources......»»

Category: newsSource:  philstarRelated NewsMay 8th, 2024

Stonebridge acquires P500 million shares in RCI

Stonebridge Corp. has purchased 250 million shares or approximately nine percent of Roxas and Co. Inc. for P500 million......»»

Category: financeSource:  philstarRelated NewsMay 8th, 2024

Philippines contributes $3 million to ADF

The Philippines is providing $3 million (P171 million) to the Asian Development Bank fund meant to help poor and vulnerable economies in Asia-Pacific......»»

Category: financeSource:  philstarRelated NewsMay 5th, 2024