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Japan slips into a recession and loses its spot as the world s third largest economy

Japan slips into a recession and loses its spot as the world s third largest economy.....»»

Category: newsSource:  sunstarRelated NewsFeb 15th, 2024

Japan recession: Scaled back spending helps push economy to where it is now

TOKYO — To grasp the dynamics that bumped Japan into recession and off its perch as the world’s third largest economy on Thursday, look no further than Risa Shinkawa’s dining habits. Unlike unionised workers at big manufacturers such as Toyota Motor, the 32-year-old aesthetician isn’t expecting a pay rise anytime soon. Rather, her salary has.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Urgent: Truck plunges into cliff in central Philippines, killing 14

MANILA, Feb. 21 (Xinhua) -- At least 14 people were killed and three others critically injured after a truck fell into a cliff in Negros Oriental province in central Philippines on Wednesday. Police said the truck was traveling along a highway when the driver lost control of the vehicle in Mabinay town, causing it to overturn and roll into a ravine at around 1:30 p.m. local time. The upside-down truck pin.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 22nd, 2024

Urgent: Truck plunges into cliff in central Philippines, killing 14

MANILA, Feb. 21 (Xinhua) -- At least 14 people were killed and three others critically injured after a truck fell into a cliff in Negros Oriental province in central Philippines on Wednesday. Police said the truck was traveling along a highway when the driver lost control of the vehicle in Mabinay town, causing it to overturn and roll into a ravine at around 1:30 p.m. local time. The upside-down truck pin.....»»

Category: newsSource:  manilanewsRelated NewsFeb 21st, 2024

Japan unexpectedly slips into recession, Germany now world’s third biggest economy

Frail consumption and capital spending point to a challenging outlook for Japan’s economy.....»»

Category: newsSource:  rapplerRelated NewsFeb 15th, 2024

Groseclose sees action in Gangwon

Peter Groseclose plunges into action in the fourth Winter Youth Olympic Gameson Saturday morning at the 12,000-seat Gangneung Ice Arena......»»

Category: sportsSource:  philstarRelated NewsJan 19th, 2024

Strong Group puts loaded lineup to test vs UAE

Strong Group Athletics plunges into a baptism of fire when it opens its campaign against host United Arab Emirates (UAE) national team in the 33rd Dubai International Basketball Championship Friday at the Al Nasr Club......»»

Category: sportsSource:  philstarRelated NewsJan 18th, 2024

VP Sara ready to face ICC charges only before a Filipino court

Vice President Sara Duterte expressed her readiness to confront any allegations against her but insisted that she would only do so in front of a Filipino judge and within the jurisdiction of a Filipino court. In a statement on her Facebook page, she emphasized her refusal to participate in any process that could tarnish the reputation and integrity of the Philippine judiciary system. Duterte adamantly opposed the involvement of foreign entities in the country's legal affairs, citing it as a dishonor to the sacrifices made by Filipino heroes for the nation's freedom. Duterte, who previously served as vice mayor and mayor of Davao City, vehemently denied any involvement in the Davao Death Squad during her terms in office. She expressed dismay over the sudden appearance of a witness against her in the International Criminal Court (ICC) after assuming the vice presidency. Duterte dismissed the accusations and questioned the motives behind the allegations, asserting her capability to accomplish tasks without resorting to unlawful means. In a related development, President Ferdinand Marcos Jr. voiced his refusal to acknowledge the ICC's jurisdiction in the Philippines, considering it a threat to the country's sovereignty. He issued a directive for all government agencies to refrain from cooperating with the ICC, emphasizing the nation's non-recognition of the court's authority. Former senator Antonio Trillanes IV claimed that ICC investigators had gathered substantial evidence against former President Rodrigo Duterte regarding his administration's war on drugs. He anticipated an imminent issuance of an arrest warrant against the former president. Former President Rodrigo Duterte condemned the ICC's decision to initiate a preliminary investigation into the war on drugs, labeling it an insult to the Philippines and challenging the court's jurisdiction within the country. During his presidency, he initiated the withdrawal of the Philippines' membership from the Rome Statute, the treaty that established the ICC. The ICC appeals chamber recently granted a request to resume the investigation into alleged crimes against humanity related to the Philippines' controversial drug campaign, spanning from November 2011 to March 2019. The developments surrounding the ICC's probe into the Philippines' internal affairs have sparked a contentious debate, with key political figures and rights groups expressing divergent views on the matter. The ongoing tensions between the Philippines and the ICC underscore the complex intersection of international law, national sovereignty, and human rights issues......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

Market plunges deeper amid Middle East conflict

The stock market plunged deeper in the red yesterday on concerns over the escalating conflict in the Middle East......»»

Category: financeSource:  philstarRelated NewsApr 15th, 2024

Halted by the pandemic, Philippine women’s ice hockey team plunges back to action

The Philippine women’s ice hockey team will be returning to action for the first time in years, taking part in the 2024 IIHF Women’s Asia and Oceania Championship Division 1 in Kyrgyzstan beginning next week......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

Van plows into house in Philippines, killing 1, injuring 4

MANILA, March 15 (Xinhua) -- A delivery van plowed into a house along a highway in Quezon province of the Philippines, southeast of Manila, on Friday morning, killing the driver and injuring four others, police said. Police said the freight forwarder closed van truck was traveling to Unisan town from Manila when it crashed into a roadside house around 6 a.m. local time, killing the driver on the spot. A r.....»»

Category: newsSource:  inquirerRelated NewsMar 16th, 2024

Rama promises to transform Cebu City into a ‘Super City’ by 2031

CEBU CITY, Philippines – Mayor Michael Rama has made another promise to the Cebuanos, and that is to transform Cebu City into a ‘Super City’ by 2031. At the same time, Rama also made a commitment to transform all of the 80 barangays into “city-like barangays” by then. Rama’s ‘Super City’ vision was the highlight.....»»

Category: newsSource:  inquirerRelated NewsFeb 24th, 2024

Marcos Jr. signs law dividing Caloocan barangay into six

President Marcos has signed into law a measure dividing Barangay 176, also known as Bagong Silang, in Caloocan City into six separate and independent barangays......»»

Category: newsSource:  philstarRelated NewsApr 5th, 2024

Approved foreign investments into Philippines up 127.2 pct in Q4 of 2023

MANILA, Feb. 15 (Xinhua) -- The approved foreign investments into the Philippines in the fourth quarter of 2023 reached 394.45 billion pesos (roughly 7 billion U.S. dollars), marking a year-on-year increase of 127.2 percent, the Philippine Statistics Authority (PSA) said on Thursday. Of the total, the statistics agency said the Netherlands posted the highest investment commitment, amounting to 345.76 billion pes.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Approved foreign investments into Philippines up 127.2 pct in Q4 of 2023

MANILA, Feb. 15 (Xinhua) -- The approved foreign investments into the Philippines in the fourth quarter of 2023 reached 394.45 billion pesos (roughly 7 billion U.S. dollars), marking a year-on-year increase of 127.2 percent, the Philippine Statistics Authority (PSA) said on Thursday. Of the total, the statistics agency said the Netherlands posted the highest investment commitment, amounting to 345.76 billion pes.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Philippines bars entry of 3,359 foreigners in 2023

MANILA, Jan. 24 (Xinhua) -- The Philippines has barred entry into the country of 3,359 foreigners in 2023, the Philippines' Bureau of Immigration (BI) said on Wednesday. BI Commissioner Norman Tansingco said immigration agents at different airports in Metro Manila, in Pampanga province, north of Manila, and Cebu province in the central Philippines stopped the foreigners of different nationalities because they we.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 2024

Philippines bars entry of 3,359 foreigners in 2023

MANILA, Jan. 24 (Xinhua) -- The Philippines has barred entry into the country of 3,359 foreigners in 2023, the Philippines' Bureau of Immigration (BI) said on Wednesday. BI Commissioner Norman Tansingco said immigration agents at different airports in Metro Manila, in Pampanga province, north of Manila, and Cebu province in the central Philippines stopped the foreigners of different nationalities because they we.....»»

Category: newsSource:  philippinetimesRelated NewsJan 25th, 2024

Balunan breaks into the WBO world rankings

CEBU CITY, Philippines — Unbeaten prospect Christian Balunan is now a world ranked minimumweight of the World Boxing Organization (WBO).  The 24-year-old Cebuano boxer from the municipality of Consolacion in northern Cebu continues to impress the local boxing scene after breaking into the latest world rankings despite having only 10 fights in his young professional.....»»

Category: newsSource:  inquirerRelated NewsMar 31st, 2024

Marcos: Philippines won’t be ‘cowed into silence, submission’ by China

“We seek no conflict with any nation, more so nations that purport and claim to be our friends but we will not be cowed into silence, submission, or subservience. Filipinos do not yield,” Marcos said. .....»»

Category: newsSource:  philstarRelated NewsMar 28th, 2024

DMCI keen on entry into cement business

The Consunji Group is looking to pursue its entry into the cement business with the acquisition of Cemex Holdings Philippines (CHP)......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024