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Philippines FDI net inflows drop by 29.6 pct in October
MANILA, Jan. 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 29.6 percent in October 2023 to 655 million U.S. dollars, the country's central bank said Wednesday. The Bangko Sentral ng Pilipinas (BSP) said the latest figure brought the country's FDI net inflows from January to October 2023 to 6.5 billion dollars, a 17.5 percent decline from the same period.....»»
Water rationing benefits almost 34K Bacolod City households
Water rationing benefits almost 34K Bacolod City households.....»»
Bacolod delivers 526K liters of water to El-Niño hit households
Bacolod delivers 526K liters of water to El-Niño hit households.....»»
MCWD water deficit now affects 50,000 households in Metro Cebu
CEBU CITY, Philippines – As the internal political strife surrounding the Metropolitan Cebu Water District or MCWD continues, the shortage of water faced by residents has also persisted. Currently, the water deficit in the MCWD has now reached 50,000 cubic meters per day. This equates to 50,000 households experiencing water supply issues, with each household.....»»
P25/kilo rice reaches more households in NegOcc
P25/kilo rice reaches more households in NegOcc.....»»
MVP Group dominates 20th Philippine Quill Awards
It was a triumphant night for the MVP Group of Companies, encompassing leading entities such as Light Rail Manila Corp., Manila Electric Co., Maynilad Water Services Inc., PLDT, Smart Communications Inc., Makati Medical Center, Maya, Metro Pacific Dumaguete Water Services Inc., Metro Pacific Tollways South Management Corp., Metro Pacific Investments Corp., Meralco – One Meralco Foundation and Metro Pacific Investments Foundation, as its member companies secured a staggering total of 87 awards at the 20th Philippine Quill Awards, organized by the International Association of Business Communicators......»»
PNR walang biyahe sa Metro Manila simula March 28, suspendido ng 5 taon
MAY abiso ang Philippine National Railways (PNR)! Simula March 28, suspendido ang operasyon sa Metro Manila at ‘yan ay magtatagal ng limang taon. Ang mga istasyon na hindi na muna makakabiyahe ay ang Governor Pascual-Tutuban at Tutuban-Alabang, ang dalawang makabilang end stations sa Metro Manila. Ayon sa PNR, ito ay upang magbigay-daan sa gagawing konstruksyon.....»»
Metro Manila nangunguna sa ‘Worst Traffic in the World’, ayon sa pag-aaral
NUMBER one sa listahan ng “Worst Traffic in the World” ang Metro Manila. Base sa 2023 TomTom Traffic Index, umaabot sa average na 25 minutes and 30 seconds ang pagmamaneho ng 10 kilometers sa Metro Manila. Ito ay 50 seconds na mas mabagal kaysa sa naitala noong 2022. Ayon pa sa pag-aaral, ang karaniwang ginugugol.....»»
MMDA questions int l study calling Metro Manila the worst in traffic worldwide
The Metropolitan Manila Development Authority (MMDA) cast its doubt on the "2023 Traffic Index," released by transportation data company TomTom Traffic, calling Metro Manila the worst in metro traffic worldwide......»»
Capitol to resume sale of cheap rice at P29 per kilo
CEBU CITY, Philippines – The Cebu Provincial Government is set to resume selling cheap rice to the “poorest of the poor” residents of the province. However, it will now be priced at P29 per kilo instead of the previous P25. Governor Gwen Garcia announced the resumption during a press conference on Friday, May 17. She.....»»
Banks’ bad loans ratio highest in 8 months
The share of bad loans to the banking sector’s total loan book went up to an eight-month high in January, snapping two straight months of decline, as borrowers felt the pinch of elevated interest rates......»»
ULAP lauds water supply program for poor LGUs
Union of Local Authorities of the Philippines president and Quirino governor Dax Cua lauded a government program that aims to help the poorest municipalities in the country have access to clean and stable water supply. “We in ULAP have always emphasized the need to address people’s basic right to water, in line with our commitment […].....»»
INTERACTIVE MAP | Davao flood updates, low pressure area, February 1, 2024
We’re monitoring the progress of roads, floods, bridges, and landslides around the areas affected by this week’s low pressure area. To toggle the map, use two fingers to move around and pinch to zoom in or out. Each clickable element leads to a link to vetted sources of information on floods, roads, bridges, and landslides […].....»»
Get your crowns ready: SIX the Musical hitting Manila in October
The award-winning production "SIX the Musical" will be staged in the Philippines this October......»»
LANY to return to Philippines in October 2024
Pop-rock band LANY fulfilled their promise to return to Manila as they announced that they will bring their "A Beautiful Blur World Tour" to Philippine Arena on October 12. .....»»
Petron rolls back LPG price by P11 per 11-kg cylinder
MANILA, Philippines — Petron Corp. slashed the price of its liquefied petroleum gas product after implementing increases for three consecutive months this year. In its advisory, Petron said its LPG price was cut by P1 per kilogram (kg) or a total of P11 per 11-kg cylinder effective April 1 at 12 noon. “This reflects the.....»»
2.4M Dabawenyos working as of Oct 2023
The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»
Manila-based shipping firm eyes resumption of Davao-Lupon ferry services
DAVAO CITY (MindaNews/February 20) – A Metro Manila-based shipbuilding company is eyeing to resume the Davao City – Lupon, Davao Oriental ferry boat operation in October, a City Council official said Tuesday. Councilor Conrado Baluran, Committee of Transportation and Communications chair, said that shipping firm Pinoy Catamaran proposed the possibility of servicing the stalled ferry […].....»»
High pork retail prices hit
The farmgate price of pork remains low at P200 per kilo, but its retail price has reached as high as P420 per kilo in Metro Manila markets, according to a hog raisers’ group......»»
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......»»