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Philippines to achieve upper middle-income status by 2031

The Philippines is projected to be an upper middle-income economy by 2031, past the government’s target of reaching the status by 2025, amid a broader growth slowdown in the Association of Southeast Asian Nations (ASEAN) economy, ANZ Research said......»»

Category: financeSource: philstar philstarMar 2nd, 2024

Philippines upper middle-income status seen to boost insurance penetration

Higher insurance penetration hinges on the country’s ability to reach upper middle-income status as Filipinos’ disposable income remains limited amid the high cost of basic goods and services......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

‘Philippines elevating to upper-middle income status next year’

The Philippines remains on track to become an upper-middle income economy in 2025, even as the government trimmed its economic growth target for this year, according to the National Economic and Development Authority......»»

Category: financeSource:  philstarRelated NewsApr 5th, 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

DOF drops income tax hike for dividend income

The Department of Finance revised the proposed Passive Income and Financial Intermediary Taxation Act to drop a planned increase in the income tax rate for dividend income......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Inflation likely breached upper 4 percent target in April

Headline inflation is expected to settle within the range of 3.5 to 4.3 percent in April, from a three-month high of 3.7 percent in March, possibly breaching the upper four percent target of the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

Upper Wawa Dam project now 93% complete

WawaJVCo Inc., a joint venture led by ports and casino tycoon Enrique Razon, has moved a step closer in completing its planned Upper Wawa Dam project, touted as the largest water supply dam to be constructed in the country in over 50 years......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Cebuana Joanneesse Perez likely to play a different position with UP

CEBU CITY, Philippines—Cebuana Joanneesse Gabrielle Perez may not be playing as a middle blocker with the University of the Philippines (UP) women’s volleyball team in the UAAP. The 18-year-old Cebuana volleyball standout shared this during her guesting at CDN Sportstalk (watch full video interview below article). Perez was awarded “Best Middle Blocker” in the Cebu.....»»

Category: newsSource:  inquirerRelated NewsMar 2nd, 2024

Cebuana volleybelle Joanneesse Perez joins UP Maroons

CEBU CITY, Philippines — Stellar Cebuana middle blocker Joanneesse Perez confidently chose the University of the Philippines (UP) Women’s Volleyball Team Fighting Maroons for her college volleyball journey without any hesitation. The 18-year-old Perez, who is the Cebu Schools Athletic Foundation Inc. (Cesafi) “Best Middle Blocker” in the girls’ volleyball tournament, recently committed to the Fighting.....»»

Category: newsSource:  inquirerRelated NewsJan 25th, 2024

Samar I continues road construction to augment road network

The project has a contract amount of P48.51 million and is targeted to be completed in 2031......»»

Category: lifestyleSource:  abscbnRelated NewsApr 4th, 2024

Airspeed: Overcoming challenges to achieve success in 2024

Airspeed: Overcoming challenges to achieve success in 2024.....»»

Category: sportsSource:  abscbnRelated NewsFeb 2nd, 2024

‘MGEN to achieve target ahead of 2030 schedule’

Meralco PowerGen Corp. (MGen), the power generation arm of power distributor Manila Electric Co., expects to achieve its 1,500-megawatt (MW) renewable energy target ahead of 2030 schedule......»»

Category: newsSource:  philstarRelated NewsJan 14th, 2024

Roque: Xi, Duterte agreed to keep West Philippines Sea status quo

The Philippines under former president Rodrigo Duterte had a “gentleman’s agreement” with China to keep the status quo in the West Philippine Sea, a former Cabinet official said yesterday, as fresh tensions surround the WPS due to recent incursions by Beijing that targeted a Filipino resupply mission and a research team......»»

Category: newsSource:  philstarRelated NewsMar 27th, 2024

US State Secretary Blinken begins Middle East tour, marks his first stop in Saudi Arabia

Jeddah [Saudi Arabia], March 21 (ANI): US State Secretary Antony Blinken who began his Middle East tour arrived in Saudi Arabia on Wednesday, marking his first stop on this trip to discuss efforts to reach an "immediate ceasefire agreement" between Israel and Hamas, The New York Times reported. Blinken's visit to Jeddah came as US President Joe Biden's administration was hoping it could convince Saudi Arabia to establish.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

Lonelyville, USA: Three factors that make middle-aged adults in America more likely to be lonely

Middle-aged Americans are facing a loneliness epidemic compared to their European counterparts, a new report suggests. The study, published in the journal American Psychologist, analyzed.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 19th, 2024

NAIA 4th worst in Asia, Middle East for business travel

The Ninoy Aquino International Airport has been named as the fourth worst gateway in Asia and the Middle East by business class travelers, trailing its Southeast Asian counterparts that were adjudged as some of the best in the continent......»»

Category: newsSource:  philstarRelated NewsFeb 24th, 2024

“Ing Kamumulan, Libutad at Ing Kawakasan” (The Beginning, The Middle and The End)

“Ing Kamumulan, Libutad at Ing Kawakasan” (The Beginning, The Middle and The End).....»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

The Struggle of the Middle Class in Upholding Society’s Burdens

The Struggle of the Middle Class in Upholding Society’s Burdens.....»»

Category: newsSource:  sunstarRelated NewsJan 18th, 2024

PNP chief: No need for new war on drugs

Newly installed Philippine National Police chief Gen. Rommel Francisco Marbil sees no need to declare a war on drugs for the country to achieve drug-free status......»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024

Common immigration scams

Many people, both inside and outside the US, are desperate to achieve the “American dream,” which means a better life for themselves and their children.  Other people in the US have been out of status for many years, separated from their family back home and dream of the day they can be reunited once again in the US......»»

Category: newsSource:  philstarRelated NewsJan 13th, 2024

Charter Day, Prayer Rally: Cebu City police on full alert

CEBU CITY, Philippines – The Cebu City Police Office (CCPO) is now on full alert status for the Charter Day celebration and Anti-Charter Change Prayer Rally this weekend, February 24-25, 2024. Police Lieutenant Colonel Janette Rafter, CCPO spokesperson, relayed that the full alert status has been enforced starting Friday morning, February 23. According to Rafter,.....»»

Category: newsSource:  inquirerRelated NewsFeb 23rd, 2024