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BSP sees room for further rate hike
After discounting the possibility of a rate cut in the first half of the year, the Bangko Sentral ng Pilipinas (BSP) believes there is still room to raise interest rates amid the country’s robust economic growth......»»
Market falls amid worries over rate cuts, China growth
Share prices ended in the red for a third session after another dour day across global markets, fuelled by a sense of resignation that the interest rate cuts long expected in March will not materialize due to stubbornly high inflation......»»
AEV hikes capex to P153 billion
Aboitiz Equity Ventures Inc. is hiking its capital expenditures by 135 percent to P153 billion this year as it gears up for another phase of growth and innovation......»»
China maintains defence budget growth despite economic travails
Hong Kong, March 12 (ANI): At the 14th National People's Congress, China announced its defence budget for 2024 and interestingly maintained the growth rate of its military expenditure at precisely the same percentage as last year, as Chairman Xi Jinping continues to prioritize the People's Liberation Army (PLA) at the expense of other sectors of government funding. Indeed, according to figures released on the opening day.....»»
Rate cut seen to boost growth
The much anticipated monetary policy easing will bolster the country’s economic expansion, but the growth will still be below targets amid risks stemming from the impact of El Niño, according to Sun Life Investment Management and Trust Corp.......»»
BPI sees stronger credit growth
Bank of the Philippine Islands expects a robust growth in credit this year amid the country’s economic expansion and the planned interest rate cuts by the Bangko Sentral ng Pilipinas......»»
Q3 GDP growth revised upward to 6 percent
The Philippine economy posted a slightly faster growth rate in the third quarter of 2023 than initially reported, according to the Philippine Statistics Authority......»»
PH Economy Remains Optimistic Amid Global Slowdown
The country is one of the fastest growing economies in East Asia and the Pacific according to the World Bank, foreseeing robust growth despite global economic slowdown. In the latest World Bank Global Economic Outlook report released on Tuesday, the Philippines is expected to maintain its economic growth rate in 2024 at 5.8%, slightly higher […].....»»
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......»»
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.....»»
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.....»»
All set for Piala-Fujita WBO title match in Tokyo
CEBU CITY, Philippines— The World Boxing Organization (WBO) Asia Pacific featherweight title showdown between Rodex “Tank” Piala and Kenji Fujita is all set on Saturday, June 1, at the Korakuen Hall in Tokyo, Japan. Piala and Fujita, the current WBO Asia Pacific featherweight champions, faced each other for the first time at the official weigh-in.....»»
Noynay takes on Japanese knockout artist in Tokyo
CEBU CITY, Philippines — Joe “Jaw Breaker” Noynay and Japanese Jin Sasaki passed the official weigh-in for their double regional title showdown at the Korakuen Hall scheduled in Tokyo, Japan on Thursday, May 16. Noynay, a native of Bogo City in northern Cebu, will battle Sasaki for the World Boxing Organization (WBO) Asia Pacific welterweight.....»»
TESDA courses as alternative for unconsolidated PUV drivers? Jeepney drivers weigh in
Unconsolidated jeepney drivers and operators are now at risk of losing their source of income if the Supreme Court does not issue a temporary restraining order on the memorandum circulars of the Department of Transportation and the Land Transportation Franchising and Regulatory Board, which would enable the implementation of the consolidation deadline......»»
Should You Bite on Digital Credit Line Offerings?
Digital credit lines have become a prevalent offering for digital platforms like digital banks and online shopping apps. These readily available lines of credit, often so accessible, can be tempting, especially for unexpected expenses. But before you hit “apply,” it’s crucial to weigh the pros and cons to determine if a digital credit line aligns […].....»»
Jayson Vayson to defend WBO regional belt in Japan on Sunday
CEBU CITY, Philippines — World-rated Filipino ring warrior Jayson “Striker” Vayson is all set for his World Boxing Organization (WBO) Asia Pacific light flyweight title defense against Japanese prospect Takeru Inoue at the Sumiyoshi Ward Centre in Osaka, Japan on Sunday, April 21. Both Vayson and Inoue passed the mandatory weigh-in on Saturday, April 20......»»
Kumong Bol-Anon 14 : 2 regional title bouts unfold in Tagbilaran on Friday
TAGBILARAN CITY, Philippines– It’s all systems go for the “Kumong Bol-Anon 14” of the PMI Bohol Boxing Promotions at the Saulog Gymnasium tomorrow, Friday, March 8, here. This was after, the main event protagonists in PMI Bohol Boxing Stable’s Virgel “Valiente” Vitor and his opponent, Tae Sun Kim of South Korea passed the official weigh-in.....»»
Engkwentro 12: All set for Wenceslao-Sanchez WBF title showdown
TAGBILARAN CITY, Philippines— ARQ Boxing Stable’s hard-hitting journeyman, Rodel “The Hulk” Wenceslao, and his foe, Ernie Sanchez, will trade leather in tomorrow’s main event, Friday, March 8, at “Engkwentro 12: Binombahay sa Cawayan” in Cawayan town, Masbate. Wenceslao and Sanchez passed the official weigh-in for their World Boxing Foundation (WBF) Australasian welterweight bout on Thursday,.....»»
Santisima, Castino trade leathers with Japanese foe in Tokyo on Saturday
CEBU CITY, Philippines— Cebu-based unbeaten prospect Alex Santisima Jr. and PMI Bohol Boxing Stable’s Jhunrille Castino both passed their respective weigh-ins for their bouts in Tokyo, Japan, scheduled for Saturday, March 2nd. Santisima, the younger brother of world title challenger Jeo Santisima, fighting under ZIP Sanman’s banner, will face hometown opponent Subaru Murata. Murata and.....»»
What happens when AI reaps what it sows?
Artificial intelligence tools are trained on internet data, which is also a toxic pit of disinformation and hate speech. How can people make sure AI tools do not put out the same? Experts weigh in......»»