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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: philstar philstarMar 12th, 2024

Philippines, IRRI ink MOU to boost rice output

MANILA, Feb. 19 (Xinhua) -- The Philippines' Department of Agriculture (DA) on Monday said it has signed a memorandum of understanding (MOU) with the International Rice Research Institute (IRRI) to help boost rice production in the Philippines. The DA said the five-year MOU seeks to boost the country's rice industry through sustainable practices that enhance yield, reduce production costs, minimize post-harvest.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 20th, 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

April inflation seen breaching 4 percent target

Inflation likely picked up and breached the four percent upper target for the first time in five months in April, which will prompt the Bangko Sentral ng Pilipinas (BSP) to keep its hawkish stance, a poll of economists showed......»»

Category: financeSource:  philstarRelated NewsMay 5th, 2024

Avida Land brings 3D street art to South Park

Avida Land, the upper mid-income residential brand of property giant Ayala Land, has transformed South Park District, a 6.6-hectare township in Muntinlupa, into a vibrant community following the unveiling last Feb. 3 of an interactive canvas with 3D paintings......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Semirara Q1 profit: P6.5-B (down 28%)

Semirara Mining and Power posted a Q1 net income of P6.5 billion, down 27.6% y/y from its Q1/23 net income of P9.0 billion, and up 23% q/q from its Q4/23 net income of P5.3 billion......»»

Category: financeSource:  philstarRelated NewsMay 7th, 2024

Megaworld Hits Record Financial Performance in 2023, Income up 26% to P19.4 Billion

Megaworld Corporation, the country’s premier township developer, achieved a landmark milestone in its financial performance for the year 2023 as its full-year net income surged by 26% to P19.4 billion. Its consolidated revenues, on the other hand, rose by 17% to P69.7 billion. Net income attributable to the parent company’s shareholders also jumped by 29% […].....»»

Category: newsSource:  metrocebuRelated NewsMar 7th, 2024

DMCI posts FY23 net income of P24.7-B (down 21%)

DMCI posted an FY23 consolidated net income of P24.7 billion, which was 21% lower than its FY22 net income of P31.2 billion......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Atlas Consolidated posts FY23 net income of P1.1-B (down 65%)

Atlas Consolidated, a gold and copper mining company, posted an FY23 net income of P1.1 billion, which was 65% lower from its FY22 net income of P3.2 billion......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Semirara FY23 net income down 30% to P27.9-B

Semirara Mining and Power posted an FY23 net income of P27.9 billion and a Q4 net income of P5.3 billion......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

Despite low wages, Pandi-based ‘maninipit’ mothers try to augment family income

Assembling clothespins is among the many jobs women do in the occupied houses in Pandi, Bulacan. The mothers mentioned other low-income jobs like garlic peeling, rug making and notebook sewing. The post Despite low wages, Pandi-based ‘maninipit’ mothers try to augment family income appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 18th, 2024

Sun Life reigns as top insurance company for 13th year in a row

This milestone comes on the heels of Sun Life’s 129th anniversary, making it the first and longest-standing life insurance company in the Philippines......»»

Category: newsSource:  bulatlatRelated NewsApr 8th, 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

GSIS non-life insurance premiums hit P3 billion in Q1

State-run pension fund Government Service Insurance System (GSIS) hiked its collection of non-life insurance premiums to P3 billion in the first quarter as more agencies move to secure their assets from eventualities......»»

Category: financeSource:  philstarRelated NewsMay 4th, 2024

BDO Life clients can now access their insurance policies online

BDO Life clients can now access their insurance policies online.....»»

Category: newsSource:  sunstarRelated NewsApr 25th, 2024

DOTr chief wants ‘status quo’ amid CPA City Hall dispute

DOTr chief wants ‘status quo’ amid CPA City Hall dispute.....»»

Category: newsSource:  sunstarRelated NewsApr 20th, 2024