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Congressmen: Advanced economies amend their constitutions

From the United States up to Asia and Southeast Asia, advanced economies have had changes in their constitutions to keep their laws attuned to the evolving times, which paid off in terms of being global leaders in the community of nations, according to several congressmen......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

ICTSI to build $800 million terminal in Batangas

International Container Terminal Services Inc., the listed ports giant led by tycoon Enrique Razon, has no desire of slowing down its domestic expansion, as it will invest $800 million to build a container terminal in Batangas......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

PLDT buys 35% of Meralco unit

Telco giant PLDT Inc. is showing no signs of slowing down its broadband expansion, this time investing P2.12 billion to acquire more than a third of shares in a sister subsidiary......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

FDI inflow down 17.5% in 10 months

The net inflow of foreign direct investments fell by 17.5 percent from January to October 2023, reflecting the adverse impact of persistent inflationary pressures and slowing global growth prospects on investor sentiment......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Nestle, Danone see price hikes slowing after years of sharp increases

LONDON/PARIS (Reuters) -Two of the world’s top consumer goods companies, Danone and Nestle, said on Thursday they will slow price increases in 2024 after two years of hikes that prompted many shoppers to seek cheaper alternatives for basic goods like yoghurt and coffee. But Danone, which owns brands including Evian and Badoit waters and Activia.....»»

Category: sportsSource:  abscbnRelated NewsFeb 23rd, 2024

WHO appoints new Western Pacific regional director

MANILA, Jan. 23 (Xinhua) -- The World Health Organization (WHO) executive board on Tuesday confirmed the appointment of Saia Ma'u Piukala as the next WHO regional director for the Western Pacific region. The WHO regional office in Manila said Piukala's plan for his first 100 days in office includes visiting many of the 37 countries and areas in the region, engaging with governments and other stakeholders, listen.....»»

Category: newsSource:  manilanewsRelated NewsJan 23rd, 2024

World Down Syndrome Day: Big sister s journey with Down Syndrome sibling

World Down Syndrome Day: Big sister s journey with Down Syndrome sibling.....»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

Boulevard Holdings Q2 net income down 86% y/y, down 336% q/q

Boulevard Holdings reported a Q2/23 net loss of P33 million, down 86% from its Q2/22 net loss of P18 million, and down 336% from its Q1/23 net income of P14 million......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

Cebu Daily Newscast: Father jailed for gunning down son in Lahug, Cebu City

Listen to Cebu Daily Newscast to know the latest news in and out of Cebu. Here’s what you need to know this Tuesday, March 26, 2024. Father jailed for gunning down son in Lahug, Cebu City A 63-year-old father landed in jail after he allegedly gunned down his own son whom he had an altercation.....»»

Category: newsSource:  inquirerRelated NewsMar 26th, 2024

Finance chief floats free trade deal with Canada

Finance Secretary Ralph Recto has floated the potential of a free trade agreement with Canada as he sought more economic and investment opportunities with one of the world’s biggest economies......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2024

Economy expands at faster clip of 5.7%

The Philippine economy expanded at a faster pace of 5.7 percent in the first quarter from 5.5 percent in the fourth quarter of 2023, helping the country retain its position as a leading force among emerging economies in Asia......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

ASEAN+3 putting up fund to tap during emergencies, crises

The Association of Southeast Asian Nations and the neighboring economies of China, Japan and Korea (ASEAN+3) have agreed to establish a new financing facility that members can tap in times of emergency shocks and other crises......»»

Category: financeSource:  philstarRelated NewsMay 5th, 2024

Philippines contributes $3 million to ADF

The Philippines is providing $3 million (P171 million) to the Asian Development Bank fund meant to help poor and vulnerable economies in Asia-Pacific......»»

Category: financeSource:  philstarRelated NewsMay 5th, 2024

ADB urged to boost climate financing to $11.5 billion

The Asian Development Bank (ADB) needs to ramp up its climate financing to at least $11.5 billion annually as vulnerable economies continue to take the hit of the impact of worsening climate change......»»

Category: financeSource:  philstarRelated NewsMay 4th, 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

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

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

Tourism Secretary Frasco backs return of church panels to Cebu

Tourism Secretary Christina Frasco says that pilgrimage tourism 'hinges on destinations like Boljoon Church in attracting tourists and supporting local economies'.....»»

Category: newsSource:  rapplerRelated NewsMar 4th, 2024

Sustainable Practices for Small Businesses

As news about how microplastics have been harming fish for years adds up to the environmental problems the world is now facing, there is now the need for businesses to have an urgent focus on sustainability to not do any more damage to the environment. Small businesses, often the backbone of local economies, have a […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 7th, 2024

Red Sea crisis exposing EU energy weakness - FT

Diesel prices have jumped amid fears of disruptions in supply to the bloc, according to the outlet The surge in global diesel prices to an almost three-month high amid shipping disruptions is threatening to test the resilience of EU economies, the Financial Times reported on Wednesday.    The rising p.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024