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Digital economy contributes 8.4 pct to Philippine economy in 2023
MANILA, April 25 (Xinhua) -- The digital economy amounted to 2.05 trillion pesos (35.396 billion U.S. dollars) in 2023, contributing 8.4 percent to the country's gross domestic product (GDP), the Philippine Statistics Authority (PSA) said Thursday. "This resulted in a 7.7 percent growth from the 1.90 trillion pesos (32.8 billion dollars) gross value added of the digital economy in 2022," the agency said......»»
Man-made disasters cost Philippines 164.87 mln USD in 2023
MANILA, March 26 (Xinhua) -- Man-made disasters caused the total damage in the Philippines worth 9.29 billion pesos (164.87 million U.S. dollars) in 2023, the Philippine Statistics Authority (PSA) said Tuesday. The agency said that out of the total annual damage, 4.93 billion pesos (87.5 million dollars), or 53.1 percent, was due to the oil spill. "The reported oil spill in various regions resulted in dam.....»»
Losses to Philippine agriculture due to El Nino reach 31 mln USD
MANILA, March 20 (Xinhua) -- The El Nino dry spell and ensuring drought have caused over 1.75 billion pesos (roughly 31 million U.S. dollars) in damage to Philippine agriculture, a senior government official said Wednesday. This year's losses due to El Nino are still low compared to 2009 when the damage to agriculture reached 17 billion pesos (302 million dollars), Presidential Communications Office Assistant Se.....»»
Diving tourism contributes 1.3 bln USD to Philippine economy in 2023
MANILA, Feb. 23 (Xinhua) -- Diving tourism contributed more than 73 billion pesos (1.3 billion U.S. dollars) to the Philippine economy in 2023, nearly twice the revenue the industry earned in 2022, the country's Department of Tourism said Friday. Diving tourism raked 37 billion pesos (661 million dollars) in revenue in 2022, Tourism Secretary Christina Garcia Frasco said at the Philippine International Dive Expo.....»»
Diving tourism contributes 1.3 bln USD to Philippine economy in 2023
MANILA, Feb. 23 (Xinhua) -- Diving tourism contributed more than 73 billion pesos (1.3 billion U.S. dollars) to the Philippine economy in 2023, nearly twice the revenue the industry earned in 2022, the country's Department of Tourism said Friday. Diving tourism raked 37 billion pesos (661 million dollars) in revenue in 2022, Tourism Secretary Christina Garcia Frasco said at the Philippine International Dive Expo.....»»
Biz Bureau surpasses 43-K permit renewals
The Davao City Business Bureau has achieved a significant milestone by processing over 43,000 business permit renewals as of January 29, 2024, surpassing last year's numbers. Maribel Paguican, the Head of the Business Bureau, revealed this accomplishment in a radio interview on January 30, 2024. She highlighted the bureau's performance, stating that they had already exceeded the previous year's figures by 270 renewals. Despite the positive outcome, Paguican acknowledged that they are still short of reaching the 46,000 permits issued the previous year. With approximately 2,890 renewals remaining, including 291 applicants considering retirement, the bureau anticipates around 2,599 renewal applicants. Paguican emphasized the upcoming retirement deadline on January 31, urging business owners to comply to avoid penalties ranging from P1,000 to P5,000. She also advised on the required documentation for retirement, emphasizing the importance of submitting the necessary paperwork to facilitate the process......»»
Traslacion in CDO: from 110,000 last year to only 18,000 devotees this year
CAGAYAN DE ORO (MindaNews / 11 January) – A parish priest here blamed tight police security for the sharp drop in attendance during the Traslacion or the procession of the Black Nazarene here last Tuesday, with only 18,000 attendees compared with last year’s 110,000. Monsignor Rey Monsanto, parish priest of Our Lady Fatima Parish in Barangay […].....»»
El Nino pattern costs Philippine agriculture over 68 mln USD
MANILA, April 19 (Xinhua) -- The El Nino dry spell and drought damage to Philippine agriculture has reached over 3.94 billion pesos (roughly 68 million U.S. dollars), official data released on Friday showed. According to the Department of Agriculture, 11 regions across the Southeast Asian country are reeling from the weather phenomenon, which has affected nearly 74,000 farmers and fisherfolk. More than 66,000 he.....»»
FACT CHECK: One-time P10,000 benefits for senior citizens false
The YouTube Channel Balitang Pinas made a video claiming senior citizens or persons aged 60 years old and above who have obtained their senior citizen’s ID can now obtain a financial incentive worth 10,000 pesos......»»
El Nino costs Philippine agriculture up to 18.9 mln USD
MANILA, March 6 (Xinhua) -- The Philippine government said Wednesday that the El Nino dry spell and drought has cost Philippine agriculture over 1 billion pesos (roughly 18.9 million U.S. dollars) while the climate pattern may persist till the second quarter this year. The National Disaster Risk Reduction and Management Council said El Nino has affected over 23,000 farmers and fisherfolk, damaged nearly 18,000 h.....»»
Xinhua world economic news summary at 0900 GMT, March 6
MANILA -- The Philippine government said Wednesday that the El Nino dry spell and drought has cost Philippine agriculture over 1 billion pesos (roughly 18.9 million U.S. dollars) while the climate pattern may persist till the second quarter this year. The National Disaster Risk Reduction and Management Council said El Nino has affected over 23,000 farmers and fisherfolk, damaged nearly 18,000 hectares of crop ar.....»»
SACLEO in CV: P11.5M drugs seized in 3 days
CEBU CITY, Philippines — In a span of three days, P11.5 million worth of illegal drugs were seized and a total of 176 drug personalities were sent to jail by authorities in Central Visayas. This was the result of a regionwide Simultaneous Anti-Criminality Law Enforcement Operation (SACLEO) against all forms of criminalities from Friday to.....»»
1 dead, 4 families homeless in Caloocan fire
A man died in a fire that hit a residential area in Barangay 176, Bagong Silang, Caloocan at past midnight yesterday......»»
Caloocan starts preparing for barangay plebiscite
The city government of Caloocan has started preparations for the conduct of a plebiscite for the division of Barangay 176, also known as Bagong Silang, into six separate barangays, Mayor Dale Gonzalo Malapitan said yesterday......»»
PBBM hinati Bagong Silang, Caloocan City sa 6 barangay
Nilagdaan ni Pangulong Ferdinand “Bongbong” Marcos Jr. ang Republic Act No. 11993 kung saan hinati sa anim ang Barangay 176 o mas kilala bilang Barangay Bagong Silang sa Caloocan City. The post PBBM hinati Bagong Silang, Caloocan City sa 6 barangay first appeared on Abante......»»
Marcos Jr. signs law dividing Caloocan barangay into six
President Marcos has signed into law a measure dividing Barangay 176, also known as Bagong Silang, in Caloocan City into six separate and independent barangays......»»
SEC awaits ARTA study on proposed higher fees
The Securities and Exchange Commission is ready to implement the proposed hike in charges and fees as soon as it passes the regulatory impact assessment of the Anti-Red Tape Authority......»»
Cebu City ‘BPO Day’ on March 28 gets City Council’s okay
CEBU CITY, Philippines — The Cebu City Council approved on its third and final reading the proposed ordinance dedicating March 28 as “BPO Day” in Cebu City. The proposed ordinance authored by Councilor Pancrasio “Francis” Esparis was approved during its regular session on Wednesday, April 24. In a phone interview with Esparis, he said that.....»»
Revolutionizing the Game: Proposed Kickoff Change
A proposal for new kickoff rules in the NFL is set to be presented to team owners later this month in Orlando. Under the proposed.....»»
Proposed EU Forced Labor Regulation Should Focus on Workers
European Union governments meeting today in Brussels to discuss a proposed ban on products linked to forced labor, should allow forced labor victims in companies' supply chains to receive remediation. Companies and business associations have called for remediation to be included in the draft.....»»