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ADB cuts Philippines growth outlook to 6% in 2024

The Asian Development Bank has trimmed its growth forecast for the Philippines for this year, citing risks posed by extreme weather events that can drive up inflation and the slower growth in advanced economies......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

PH Remains One of the Fastest Growing Economies in East Asia and Pacific, World Bank Says

The World Bank retains its positive outlook on the Philippine economy despite foreseen challenges. According to their April 2024 East Asia and Pacific Economic Update, the World Bank projects a 5.8 percent economic growth for the Philippines this year — the East Asia and Pacific region’s second fastest-growing economy. Moreover, the said update also adjusted […].....»»

Category: newsSource:  metrocebuRelated NewsApr 2nd, 2024

Jerusalem ends PHL’s world title drought in boxing, wins WBC minimumweight belt in Japan

CEBU CITY, Philippines — Finally, the Philippines ended its world title drought in boxing after Melvin “Gringo” Jerusalem dethroned Yudai Shigeoka via split decision to win the World Boxing Council (WBC) world minimumweight title on Sunday, March 31, in Nagoya, Japan. Jerusalem flexed his winning might against the heavily favored Japanese world champion after knocking.....»»

Category: newsSource:  inquirerRelated NewsMar 31st, 2024

NCR construction materials price growth eases in 2023

Retail price growth of construction materials in Metro Manila eased in 2023 from the previous year as all commodity groups posted slower increases, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

Charter change could mean more US troops in the PHL – Fil-Am activists

By JANESS ANN J. ELLAOBulatlat.com NEW YORK — Filipino-American activists here denounced ongoing attempts to change the Philippine Constitution as this may result in increased US military presence in the Philippines and worsen the geopolitical tension in the West Philippine Sea. In an interview with Bulatlat, Michelle Thiele of Gabriela-New York stressed that for US… The post Charter change could mean more US troops in the PHL – Fil-Am activists appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 20th, 2024

Moody’s outlook: Philippine banks remain on stable footing

Moody’s Investors Service has maintained a stable outlook for Philippine banks as interest rate cuts from the Bangko Sentral ng Pilipinas this year are seen to support economic recovery......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

LT Group optimistic on outlook

LT Group Inc. (LTG) of taipan Lucio Tan is keeping a bullish outlook despite expecting some macroeconomic headwinds this year......»»

Category: financeSource:  philstarRelated NewsMay 4th, 2024

DLSU is top PHL private university in global rankings Mirror

DLSU is top PHL private university in global rankings BusinessMirror.....»»

Category: lifestyleSource:  abscbnRelated NewsMar 16th, 2024

PHL team sulod sa finals sa Dubai basketball

PHL team sulod sa finals sa Dubai basketball.....»»

Category: newsSource:  sunstarRelated NewsJan 28th, 2024

PHL gross gaming revenues breach P200B in 2 straight years

PHL gross gaming revenues breach P200B in 2 straight years.....»»

Category: newsSource:  sunstarRelated NewsJan 20th, 2024

Melvin Jerusalem vows to end PHL’s world title drought in boxing 

CEBU CITY, Philippines — Before Filipino boxers lost devastatingly in Japan, there was one who stood out and went on to become a world champion. He’s no other than Melvin “Gringo” Jerusalem, who wrested the World Boxing Organization (WBO) world minimumweight title in the hands of erstwhile champion Masataka Taniguchi. Jerusalem did it in a.....»»

Category: newsSource:  inquirerRelated NewsMar 23rd, 2024

CitySavings Named One of the 2024 Philippines’ Growth Champions

City Savings Bank (CitySavings) continues to cement its position to become the leading mass market bank in the country with its inclusion as one of the 2024 Philippines’ Growth Champions.  The Philippine Daily Inquirer released the report with international market research firm Statista. This year’s Philippines’ Growth Champions are companies with remarkable growth and resilience […].....»»

Category: newsSource:  metrocebuRelated NewsMar 8th, 2024

Cebu weather: Pagasa forecasts slightly to moderate conditions

CEBU CITY, Philippines – Cebu weather is forecasted to be a continuation of slight to moderate conditions with potential heat index concerns in Metro Cebu and the rest of the province the weather bureau based in Mactan said. In its issued weather outlook on May 18, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA).....»»

Category: newsSource:  inquirerRelated NewsMay 18th, 2024

Cebu temperatures to hit 40°C as scorching weather persists

CEBU CITY, Philippines – The searing heatwave continues in Metro Cebu and the rest of the province as temperatures are expected to soar and the maximum heat index is projected to peak at 40 degrees Celsius on Saturday, April 27. This forecast comes from the 24-hour weather outlook and extended forecast released by the Philippine.....»»

Category: newsSource:  inquirerRelated NewsApr 27th, 2024

Factory activity eases in March

The growth in Philippine manufacturing activity eased slightly to 50.9 percent in March from 51 percent in February as production levels declined amid material shortages......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

NCR construction material price growth eases in March

Retail prices of construction materials in Metro Manila went up at its slowest pace in more than four years in March, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

S& P: Philippines may miss growth goal this year

S&P Global Ratings sees the Philippines again missing its growth targets this year as it kept its gross domestic product growth forecast at 5.9 percent. While the projection is better compared to other economies in the region, it is again below the government’s 6.5 to 7.5 percent growth target......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

USP-F Lady Panthers: No rest for Cesafi volleyball queens

CEBU CITY, Philippines — There’s no rest for the newly-crowned volleyball queens of the University of Southern Philippines Foundation (USPF) Lady Panthers.  This was after its head coach, Yolly Rizarri, revealed that they would not stop training even if the long Cesafi season finally capped off last Sunday, February 4, with her team winning the.....»»

Category: newsSource:  inquirerRelated NewsFeb 9th, 2024

Data centers: Phl’s new investment magnet

When we opened the new year, the country celebrated significant gains in foreign direct investment in 2023 and recognized the imperative to fortify its appeal to global investors. In a statement by Philippine Economic Zone Authority director general Tereso Panga, it was highlighted that the country was able to surpass our conservative 10 percent growth target this year, with investment approvals.....»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

PHL’s new football head coach tells players to enjoy the FIFA World Cup Qualifiers’ experience

CEBU CITY, Philippines — Newly-appointed head coach of the Philippine men’s national football team, Tom Saintfiet, told his players to enjoy the experience of being the underdog heading into the March 21 FIFA World Cup Qualifiers match against Iraq at Basra Stadium. Saintfiet, in a video interview published by the Philippine Football Federation (PFF) a.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2024