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Gov t cuts growth target to 6%-7% — NEDA
In a press briefing with the members of the press on Thursday, Balisacan said that the country's economic growth target had been revised following a careful consideration of factors such as the global economic slowdown, rising oil prices and inflation trends......»»
EU looks sad - Russian tycoon
Unlike the US and China, the bloc doesn't have the money to pursue innovation, Oleg Deripaska has said The European Union looks particularly "sad" amid the ongoing global economic slowdown due to a lack of technology and finances to institute structural changes and invest in innovation, Russian busines.....»»
The Future of Work: AI’s Double-Edged Sword for Global Economies
Artificial Intelligence (AI) holds promise in revolutionizing global productivity and economic growth. However, the flip side includes potential job displacement and a widening wealth gap. Without proper policies, nations may struggle to adapt to this emerging technology. The International Monetary Fund (IMF) indicates that nearly 40% of global jobs could be influenced by AI. In […].....»»
Choco too much for winless SGA
Like a cold-blooded assassin, Choco Mucho crushed Strong Group Athletics, 25-17, 25-15, 25-15, yesterday to remain unshakeable at the helm and inch closer to the semis of the PVL All-Filipino Conference at the PhilSports Arena......»»
Lady Tamaraws stay on semis hunt
The Far Eastern University Lady Tamaraws continue to inch closer to the last remaining Final Four spot of the UAAP Season 86 women’s volleyball tournament after sweeping the Adamson Lady Falcons, 25-19, 25-23, 25-23 Tuesday at the Smart Araneta Coliseum......»»
Lapu-Lapu killing: Construction worker stabbed dead by man with 23-inch bolo
LAPU-LAPU CITY, Cebu — A 52-year-old construction worker died after he was stabbed by another construction worker in Purok Thunder, Timpolok, Barangay Babag in Lapu-Lapu City on Sunday evening, March 10, 2024. The victim was identified as Victor Franco Tolo, with a live-in partner, a resident of the place. READ: Senior citizen hacked to death.....»»
Government borrowings inch up to P2.19 trillion
The Philippines slightly increased its borrowings to P2.19 trillion last year amid a high interest rate environment here and abroad, with the government almost hitting its entire financing program......»»
China 'Pushes the Boundaries' with its expanding borders
Beijing [China], February 13 (ANI): In late 2021, Chairman Xi Jinping famously told President Joe Biden, "Aggression or hegemony is not in the blood of the Chinese nation. Since the founding of the people's republic, China has never started a single war or conflict, and has never taken one inch of land from other countries." However, such a claim is demonstrably false, as China recklessly pushes forward its boundaries on.....»»
China 'Pushes the Boundaries' with its expanding borders
Beijing [China], February 13 (ANI): In late 2021, Chairman Xi Jinping famously told President Joe Biden, "Aggression or hegemony is not in the blood of the Chinese nation. Since the founding of the people's republic, China has never started a single war or conflict, and has never taken one inch of land from other countries." However, such a claim is demonstrably false, as China recklessly pushes forward its boundaries on.....»»
Political noises that hurt peace
Being sworn to uphold the 1987 Constitution when he became the highest elected official of the land, President Ferdinand “Bongbong” Marcos Jr. (PBBM) reiterated his commitment to never to allow dismemberment of Mindanao from the rest of the Philippines, nor diminish even a square inch of the country’s territory. During his Constitution Day speech last Thursday, PBBM vowed “to defend it against any and all threats, external and internal” even up to his dying breath......»»
Why mounting a 2024 plebiscite on charter change will be a daunting task for Comelec
Charter change advocates are eyeing a plebiscite this year to ratify their proposed amendment to the 1987 Constitution, but the Comelec says it doesn't have enough time, manpower, and resources to mount a nationwide vote, as the 2025 elections inch closer.....»»
Thanks to donors
We launched “Pasko Sa Enero” in partnership with the Philippine Sports Commission yesterday and we’re excited to choose the 20 winners to receive cash, food, basketballs, shirts, caps, portable bluetooth speakers, 8-inch and handyfans, smart cups, coffee press pots, umbrellas, travel trollies, laptop bags, cosmetics and a lot more during our awarding program on Sunday, Jan. 21, 10 a.m. at Starbucks Molito, Alabang.....»»
Power rates slightly inch up in January — Meralco
Meralco said that it will have a slight increase in power rates by P0.0846 per kiloWatt-hour (kWh) which brings the overall rate for a household to P11.3430 per kWh this month......»»
LT Group income slightly up in 2023
Earnings of tycoon Lucio Tan’s LT Group Inc. saw a slight improvement last year as higher contributions from its banking, liquor and property units offset the slowdown in the tobacco business......»»
Philippines to achieve upper middle-income status by 2031
The Philippines is projected to be an upper middle-income economy by 2031, past the government’s target of reaching the status by 2025, amid a broader growth slowdown in the Association of Southeast Asian Nations (ASEAN) economy, ANZ Research said......»»
Domestic trade expected to improve this year
Domestic trade is seen improving this year on expectations of strong economic activity and continued slowdown in inflation, according to economists......»»
Weak exports still biggest hurdle to Philippines expansion
The Philippine export sector remains the biggest drag to economic expansion as it takes a hit from the slowdown in major trading partners, according to a unit of Fitch Solutions......»»
BSP to keep policy stance sufficiently tight
Despite the slowdown in the rise in consumer prices in the past four months, monetary authorities deem it necessary to keep monetary policy settings sufficiently tight until there is sustained decline in inflation......»»
Meralco expects energy sales to grow this year
Despite a projected slowdown in demand from the commercial segment, the Manila Electric Co. (Meralco) still expects its energy sales to improve by 4.5 percent this year......»»
Choco Mucho bucks Creamline curse
Choco Mucho’s Creamline curse has ended......»»