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Personal memories of Cory on her 91st birthday

My favorite stories are those times she focused on directly helping the poor. She saw the poor as individuals with different needs and not just as economic indicators or poverty rates. . . That was why we created the President’s Social Fund......»»

Category: newsSource:  philstarRelated NewsJan 25th, 2024

13 million families felt poor in 2023 – SWS poll

Nearly half or 47 percent of Filipino families rated themselves poor during the last quarter of 2023, hardly moving from 48 percent in September last year in a similar survey conducted by the Social Weather Stations......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

IMF revised our projected FY24 GDP growth to 6.2%

The International Monetary Fund fine-tuned its projection for our FY24 GDP growth yesterday, increasing it from 6.0% to 6.2%......»»

Category: financeSource:  philstarRelated NewsApr 19th, 2024

PLDT back on growth track, doubles profit to P26.61 billion

Telco leader PLDT Inc. returned to growth mode in 2023 as its profit doubled from a year ago, as it cleaned up the P33-billion budget overrun that messed up its balance sheet in 2022......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

China bullying hurts our economy

China’s bullying in our exclusive economic zone at the West Philippine Sea is hurting our economy, particularly the energy sector. It is disrupting exploration and development of oil and gas. Whatever resources may be there will remain untapped; a tragedy given our urgent need for domestic energy sources......»»

Category: financeSource:  philstarRelated NewsApr 28th, 2024

Wasting our resources

I can with all honesty attest to the fact that during my entire career as a business journalist, we as a nation continue to waste our natural resources and that our farmers, miners, loggers, fishermen and most of the working population do not properly exploit the benefits and enjoy the rewards that our resources have provided us with......»»

Category: financeSource:  philstarRelated NewsApr 19th, 2024

Audit of P10.3 billion free tuition fund sought

A lawmaker has sought an audit of the P10.3-billion budget for free tuition and living allowance of poor students in state universities and colleges and private higher education institution......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

NEDA Optimistic on Economic Growth in the PH for 2024

National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan expressed optimism about the country’s economic growth for 2024. According to Balicasan, major development organizations like the IMF, ADB, and the World Bank expect the country to have an economic growth rate of at least 6%. The IMF projects a growth rate of 6.2%, the ADB […].....»»

Category: newsSource:  metrocebuRelated NewsApr 24th, 2024

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

Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024

MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»

Category: newsSource:  philippinetimesRelated NewsJan 27th, 2024

Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024

MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»

Category: newsSource:  manilanewsRelated NewsJan 26th, 2024

Double-digit growth in bank lending seen this year

The Philippine banking sector is expected to book double-digit growth in loan disbursements this year on the back of robust economic growth, according to BMI Country Risk & Industry Research......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

PNB books 10.4% growth in Q1 income

Philippine National Bank of tobacco and airline magnate Lucio Tan booked a 10.4-percent increase in earnings to P5.31 billion in the first quarter from a year-ago level of P4.81 billion, boosted by core business growth and lower credit provisions......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

Wage hike to cut GDP growth, raise unemployment – NEDA

The proposed legislation for a P100 wage increase for private workers could shave up to 0.5 percentage point off the country’s economic growth and reverse gains ......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

Spotify Mulling to Raise Subscription Prices Again

Music streaming giant Spotify plans to increase its Premium subscription prices by USD1.00 to USD 2.00 in the United Kingdom, Australia, Pakistan, and two other countries by the end of April This comes as Bloomberg reported the possible increase, with a price increase in the US expected to follow later this year. The latest price […].....»»

Category: newsSource:  inquirerRelated NewsApr 5th, 2024

Residential electricity rates up by P0.19/kWh for Jan-Feb billing

Visayan Electric residential consumers will experience an increase of P0.19/kWh for their January-February billing. The hike is caused by the increase in generation rates at the Wholesale Electricity Spot Market (WESM) and the transmission charges of the National Grid Corporation of the Philippines (NGCP). The increase brings the average residential electricity rate from P11.43/kWh last.....»»

Category: newsSource:  inquirerRelated NewsJan 15th, 2024

Philippine agricultural sector grows 1.2 pct in 2023

MANILA, Feb. 2 (Xinhua) -- The Philippine agriculture sector grew by 1.2 percent in 2023, driven by higher poultry and livestock production, increased fruit harvest and record rice output, the Philippines' Department of Agriculture (DA) said Friday. "Agriculture has contributed positively to the growth of the economy last year. But certainly, we could do more," Agriculture Secretary Francisco Tiu Laurel said......»»

Category: lifestyleSource:  abscbnRelated NewsFeb 3rd, 2024

Philippine agricultural sector grows 1.2 pct in 2023

MANILA, Feb. 2 (Xinhua) -- The Philippine agriculture sector grew by 1.2 percent in 2023, driven by higher poultry and livestock production, increased fruit harvest and record rice output, the Philippines' Department of Agriculture (DA) said Friday. "Agriculture has contributed positively to the growth of the economy last year. But certainly, we could do more," Agriculture Secretary Francisco Tiu Laurel said......»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

Agriculture output up 0.4 percent in 2023

Agricultural production rose last year, driven by the growth in crops and the poultry and livestock subsectors......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

Kinapos sa budget: Reader’s Digest UK tinuldukan na

Makalipas ang 86 na taon, nagpaalam na ang Reader's Digest UK. The post Kinapos sa budget: Reader’s Digest UK tinuldukan na first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMay 7th, 2024