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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

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

First rate cut likely 25 basis points - The Manila Times

MONETARY authorities will cut key interest rates by 25 basis points (bps) once inflation settles around the midpoint of the target range, the chief of the Bangko Sentral ng Pilipinas (BSP) said. "Right now, if we ease, it will just be 25 basis points. But we'll see," central bank Governor Eli Remolona Jr. told reporters on Monday. "Anything more than 25 [bps], it's like there's a recession alrea.....»»

Category: newsSource:  manilanewsRelated NewsMay 8th, 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

Philippines GDP expands by 5.7 pct in Q1

MANILA, May 9 (Xinhua) -- The Philippines' gross domestic product (GDP) expanded 5.7 percent year-on-year in the first quarter of 2024, the Philippine Statistics Authority (PSA) said Thursday. The latest figure is higher than the 5.5 percent growth in the fourth quarter of 2023, but lower than the 6.4 percent expansion posted in the first quarter of 2023. PSA head Dennis Mapa told a press conference that.....»»

Category: newsSource:  manilanewsRelated NewsMay 10th, 2024

Inflation to average 3.2 percent in first quarter

Inflation is expected to average within the target range of the Bangko Sentral ng Pilipinas in the first quarter, according to First Metro Investment Corp. and University of Asia and the Pacific Capital Markets Research......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

Survivors muster courage to retell horrors of Jolo siege

Five decades after the Jolo Siege in 1974, national consciousness remains full of haze. From Marcos Sr. to Marcos Jr., the search for justice remains. The post Survivors muster courage to retell horrors of Jolo siege appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 15th, 2024

Remains of 2 Filipino seafarers still in cargo vessel — Cacdac

MANILA, Philippines — The remains of the two Filipino seafarers who died from the missile strike in the Gulf of Aden were left in the ill-fated carrier vessel True Confidence, Migrant Workers Officer-in-Charge Hans Leo Cacdac said on Friday. Cacdac, in a radio interview, said True Confidence caught fire after the deadly Houthi missile strike. “Yung labi.....»»

Category: newsSource:  inquirerRelated NewsMar 9th, 2024

Remains of widower found in mountain area of Sibonga

CEBU CITY, Philippines – The remains of a 78-year-old man, Juan Palmero Ordanieza, were discovered in a mountainous area in Barangay Banlot, Sibonga, Cebu on Thursday afternoon, February 29, 2024. Juan reportedly lived alone in the mountainous area of the barangay, isolated from neighbors. According to Cereno, Juan was last seen by his relatives on.....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 2024

Tapales remains a top 5 world title contender 

CEBU CITY, Philippines — Marlon Tapales remains one of the top contenders in the 122-pound division despite losing to Japanese star Naoya “Monster” Inoue in their unification bout in Japan last December.  Nicknamed “The Nightmare”, Tapales is ranked No. 5 in both the World Boxing Association (WBA) and International Boxing Federation (IBF).  Tapales (37W-4L, 19KOs).....»»

Category: newsSource:  inquirerRelated NewsJan 11th, 2024

Cebu City crime rate dropped by over 83% in 1stquarter of 2024 — CCPO

CEBU CITY, Philippines —  The head of the Cebu City Police Office (CCPO) disclosed that there was a significant decrease in the number of crime incidents recorded in the first quarter of 2024 compared to last year. “We are happy na sa first quarter of this year, icompare nimo sa previous year, nagbaba gyud atong.....»»

Category: newsSource:  inquirerRelated NewsMay 15th, 2024

Universal Robina Corp. s sales reach P42.6 Billion in first quarter 24

Universal Robina Corp. s sales reach P42.6 Billion in first quarter 24.....»»

Category: newsSource:  sunstarRelated NewsMay 3rd, 2024

Debt-to-GDP ratio remains above int’l threshold at 60.2%

The country’s outstanding debt as a share to the overall economy slightly eased in the first quarter, but remained above the internationally accepted threshold, with the government urged to be on a serious lookout for more revenue sources......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Customs seizes P18 billion smuggled goods in Q1

The Bureau of Customs confiscated P18 billion in smuggled goods in the first quarter as the entry of illegal items into the country remains a problem......»»

Category: financeSource:  philstarRelated NewsApr 19th, 2024

Should Small Business Owners Concern Themselves with Sporting Events?

Every year, big sporting events in the first quarter of every year like the recently concluded Super Bowl and the upcoming NBA All-Star Weekend, which is always a hit with the Filipino market, captivate audiences around the world. For entrepreneurs, however, the question remains: should you concern yourself with these major sporting events, or are […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 15th, 2024

Central Visaya’s inflation remains at 3.2% in April

Central Visaya’s inflation remains at 3.2% in April.....»»

Category: newsSource:  sunstarRelated NewsMay 15th, 2024

MMDA: NCAP remains suspended

The no-contact apprehension policy or NCAP remains suspended, the Metropolitan Manila Development Authority said yesterday......»»

Category: newsSource:  philstarRelated NewsMay 4th, 2024

DMW working with UAE authorities to repatriate remains of OFWs

The Department of Migrant Workers is working with United Arab Emirates authorities to repatriate the remains of three overseas Filipino workers who died in the massive flooding in the UAE last week.?.....»»

Category: newsSource:  philstarRelated NewsApr 20th, 2024

Missing person’s remains discovered in Boljoon barangay

Missing person’s remains discovered in Boljoon barangay.....»»

Category: newsSource:  sunstarRelated NewsApr 19th, 2024

3 OFWs dead in UAE flooding; Owwa to repatriate remains

3 OFWs dead in UAE flooding; Owwa to repatriate remains.....»»

Category: newsSource:  sunstarRelated NewsApr 19th, 2024