Regional growth centers eyed for pharma ecozones
Ecozone developers are looking at the provinces of Bulacan, Laguna, Tarlac and Cebu as areas for establishing pharmaceutical economic zones in the country, according to the Philippine Economic Zone Authority......»»
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.....»»
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 […].....»»
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......»»
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......»»
ALLHC seeks dominance in cold storage space
AyalaLand Logistics Holdings Corp., the industrial parks and real estate logistics arm of Ayala Land Inc., has set its sights on becoming a formidable player in the cold storage space with a sustained double-digit growth eyed for the business over the medium-term......»»
Data centers: Philippine’s new investment magnet
When we opened the new year, the country celebrated significant gains in foreign direct investment in 2023 and recognized the imperative to fortify its appeal to global investors. In a statement by Philippine Economic Zone Authority director general Tereso Panga, it was highlighted that the country was able to surpass our conservative 10 percent growth target this year, with investment approvals.....»»
Data centers: Phl’s new investment magnet
When we opened the new year, the country celebrated significant gains in foreign direct investment in 2023 and recognized the imperative to fortify its appeal to global investors. In a statement by Philippine Economic Zone Authority director general Tereso Panga, it was highlighted that the country was able to surpass our conservative 10 percent growth target this year, with investment approvals.....»»
Pacific Language Weeks celebrate regional unity
This year's Pacific Language Weeks celebrate regional unity and the contribution of Pacific communities to New Zealand culture, says Minister for Pacific Peoples Dr Shane Reti. Dr Reti announced dates for the 2024 Pacific Language Weeks during a visit to the Pasifika festival in Auckland today and says there's so much to acknowledge. "After being immersed in the l.....»»
BARMM regional labor code now up for approval
Members of the Bangsamoro parliament are keen on having the proposed regional labor and employment code for three southern cities and provinces in the autonomous region approved before May this year......»»
Tagacanao earns WBA regional title shot in “Kumong Bol-Anon XIV” slugfest
CEBU CITY, Philippines— Unbeaten Cebuano boxing prospect Reymart ‘Cebuano Assassin’ Tagacanao gets a big break in his budding career after earning a regional title shot in the co-main event of ‘Kumong Bol-Anon XIV’ on March 8, 2024, in Bohol. The 24-year-old Tagacanao of Carcar City, south Cebu is set to face Indonesian Hamson Lamandau for.....»»
DSWD-Davao raises child feeding budget to P21
The Department of Social Welfare and Development-Davao Region (DSWD-Davao) has increased its budget for the Supplementary Feeding Program to P21 per child, up from the previous P15 allocation. Kyla Denise T. Pamat, a nutritionist dietician at DSWD-Davao, shared in a radio interview on Davao City Disaster Radio (DCDR) on January 26, 2024, that the enhancement is a result of a budget insertion in 2023. The 13th cycle targets 122,400 children in Davao Region, with five local government units (LGUs) already initiating the feeding program, while others are in the procurement process. The program focuses on children aged two to four in child development centers and supervised neighborhood places, providing hot meals (rice and viand) for 80 days and alternative meals (pancake, nutribun, and fruit salad) for 40 days during the 120 feeding days. Additionally, selected LGUs with a prevalent number of underweight children receive milk feeding for the entire duration. The 12th cycle showed an 82.27 percent improvement in the weight of underweight children, reducing their number from 4,567 to 784 after the 120 feeding days. Pamat highlighted its alignment with Republic Act 11037, also known as the Masustansyang Pagkain Para sa Batang Pilipino Act, and encouraged LGUs, communities, and parents to support the program for continuous improvement......»»
Free leptospirosis meds, anti-tetanus vaccines for flood-affected residents
Summary: The Davao City Health Office (CHO) is providing free medicines for leptospirosis and anti-tetanus shots to residents affected by floods. Dr. Tomas Miguel Ababon, CHO Officer-In-Charge, announced the availability of these medications during a media forum, emphasizing their dispatch during emergencies. He highlighted the proactive response of health district staff, ensuring that evacuation centers are equipped with prophylaxis for leptospirosis. Additionally, tetanus toxoid, dressings, and antibiotics are available for flood-related injuries. Ababon emphasized that these services and medications are provided free of charge. He advised seeking a doctor's guidance for the dosage of prophylaxis medicine, as well as the administration of antibiotics due to potential allergies. Despite recording 17 cases of leptospirosis in the first two weeks of the month, no related deaths were reported. This initiative aims to safeguard the health of flood-affected residents in Davao City......»»
Antivenom supply: ‘Crucial regional hospitals’ must have them – Tulfo
MANILA, Philippines — Adequate supply of antivenom is a need in “crucial regional hospitals’ of the country. This is according to Senator Raffy Tulfo, who noted that the Philippines is mostly composed of agricultural and rural areas. Tulfo is referring to antivenom for snake bites, particularly Philippine cobras. In his privilege speech delivered on Monday’s.....»»
Mandaue boxing: All set for Labor Day WBO regional title bouts
CEBU CITY, Philippines— The double World Boxing Organization (WBO) regional title bouts of the “Engkwentro 13” fight card of the ARQ Boxing Stable and the Mandaue City government is all systems go on Labor Day, May 1, at the Mandaue City Sports Complex. This was after, its main protagonists in Ramil Macado, Lorenz Dumam-ag, Vic.....»»
Maguindanaons join regional SIAP political party
More than a thousand Moro and non-Moro residents in Maguindanao del Sur and Maguindanao del Norte on Thursday joined a regional partly trying to fix the economic woes in the Bangsamoro region by improving commerce and trade in its six provinces and three cities......»»
Philippines warns China of undermining regional peace in South China Sea, West Philippine Sea
Manila [Philippines], April 18 (ANI): Following the strong opposition from China over the recently held trilateral summit between Japan, US and the Philippines, Manila warned China for the excessive maritime claims and aggressive behaviour, including its militarization of reclaimed features, that are undermining regional peace and stability in the South China Sea and the West Philippine Sea. The Philippines Foreign Minist.....»»
Dumam-ag gears up for WBO regional title fight in Mandaue City
CEBU CITY, Philippines — Lorenz “Shotgun” Dumam-ag has been grinding himself in training for his Labor Day regional title duel against ARQ Boxing Stable’s Rami “Sharp” Macado at the Mandaue City Sports Complex. Dumam-ag and Macado’s bout puts the vacant World Boxing Organization (WBO) Oriental flyweight title at stake in the main event of the.....»»
Macado trains hard, thrilled for May 1 WBO regional title duel
CEBU CITY, Philippines — Unbeaten prospect Ramil “The Sharp” Macado isn’t leaving a single stone unturned in preparing for his May 1 regional title bout against Lorenz Dumam-ag in the main event of “Engkwentro 13” fight card at the Mandaue City Sports Complex. In an interview, Macado of the ARQ Boxing Stable revealed that he’s.....»»
ASEAN expands regional payment connectivity
The Association of Southeast Asian Nation has onboarded Brunei Darussalam Central Bank and Bank of the Lao PDR in ramping up cross-border payments in the region, bringing the number of total central banks participating in the regional payment connectivity initiative to eight......»»
PODCAST | Departure, return: The region as liminal space in 3 Filipino films
Minda Salida #13: Departure, return: The region as liminal space in 3 Filipino films The term regional cinema was coined, or became a wave in the landscape of Philippine cinema, with the inception of the Cinema Rehiyon, an annual exhibition and gathering of regional cinemas and filmmakers all over the Philippines, led by the National […].....»»