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Furue off to hot start
Ayaka Furue of Japan did not see any signs of a fast start coming until she opened her 2024 LPGA season on Thursday with a red-hot performance......»»
Ex-Pres Duterte: “Absolutely nothing wrong with 1987 Constitution”
DAVAO CITY (MindaNews / 10 January) – Former President Rodrigo Duterte sees no reason why the 1987 Constitution should be changed because “we have a good Constitution. I find it in perfect condition. There is absolutely nothing wrong with it,” he said. He told reporters on Saturday night that he is not for amending the Constitution […].....»»
Vehicle sales off to fast start in January
Car sales continued to rise in January, expanding by 15.5 percent to 34,060 units from 29,499 units in the same period last year, according to a joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. and the Truck Manufacturers Association......»»
Nickel Asia sees better ore output, slashes capex
Nickel Asia Corp expects better ore output this year, driven by the start of two new mine operations and the possible increase in global nickel prices......»»
Philippines Sees Improvements in Jobs, Setting a Positive Tone for 2024
New insights from The Market Call paint a hopeful picture for the Philippines, especially in job opportunities and economic stability, pointing to a promising start in 2024. In December, a significant number of people, a whopping 50.5 million, found jobs, and the number of those without jobs hit a record low of 1.6 million, making […].....»»
Think tank sees likelihood of BSP rate cuts starting Q2
The Bangko Sentral ng Pilipinas is expected to start cutting interest rates in the second quarter following the economic growth posted last year, according to UK-based think tank Pantheon Macroeconomics......»»
2 suspected rebels killed in clashes in Philippines
MANILA, May 2 (Xinhua) -- Government troops on Thursday killed two suspected rebels in two clashes in Iloilo province in the central Philippines on Thursday, a military report said. The report said the first clash occurred in Leon town at 7:30 a.m. local time when soldiers were conducting combat operations following a tip-off from the villagers about the presence of around 20 New People's Army (NPA) rebels in th.....»»
Sydney Airport sees passenger traffic closer to pre-pandemic levels
SYDNEY, April 22 (Xinhua) -- Australia's Sydney Airport has seen a total of 10.3 million passengers pass through its terminals in the first quarter of this year, marking a 14.4-percent jump from the same period in 2023 and a 93.7 percent recovery compared to Q1 2019. As per a quarterly report on traffic and operational performance released on Monday, the airport's international terminal served 4.16 million passe.....»»
PH Inflation Sees Huge Dip in January 2024 Now at 2.8%
The country’s headline inflation has taken a significant dip, currently standing at 2.8%, according to the latest report from the Philippines Statistics Authority (PSA) released on February 6, 2024. According to PSA, this marks the lowest rate recorded since October 2020, showing a considerable drop from December 2023’s 3.9 percent and a noteworthy decrease from […].....»»
Instead of breaking pencils to ward off bad luck, MSU-GenSan examinees donate them to IP school
GENERAL SANTOS CITY (MindaNews / 28 February) – The usual breaking of pencils after an examination did not happen to about a thousand examinees who took the recent qualifying examinations at the Mindanao State University (MSU) here. The traditional pencil-breaking practice was meant to ward off bad spells and bring good prospects to examinees, Mherzel […].....»»
Moalboal, Ronda square off in Inocentes Cabaron volleyball tilt
CEBU CITY, Philippines — Moalboal will face a stiff challenge as they take on Ronda in both the men’s and women’s divisions of the 1st Mayor Inocentes Cabaron Invitational Volleyball tournament at their own turf on Saturday, March 16. Last weekend, Moalboal and Ronda got off to a rousing start after both teams swept their.....»»
Marcos laughs off ‘leaked’ PDEA report vs him, Maricel Soriano
MANILA, Philippines — President Ferdinand “Bongbong” Marcos Jr. on Monday merely laughed off drug use allegations hurled against him and actress Maricel Soriano, as claimed by a document purportedly leaked by the Philippine Drug Enforcement Agency (PDEA). Alleged PDEA files linking Marcos and Soriano to drug use circulated online, with Senator Ronald “Bato” dela Rosa seemingly lending.....»»
Higher consumption seen to drive GDP growth faster
The Philippine economy is expected to grow at a faster pace this year with the record-high employment and lower inflation likely to support consumption spending, according to First Metro Investment Corp. (FMIC) and University of Asia and the Pacific (UA&P) Capital Markets Research......»»
Philippines GDP growth slows to 5.6 pct in 2023
© Provided by Xinhua MANILA, Feb. 1 (Xinhua) -- The Philippine economy grew by 5.6 percent in 2023 after expanding by 5.6 percent in the fourth quarter, below the 6 to 7 percent target range for 2023 set by the government, the Philippine Statistics Authority.....»»
Q4 GDP growth comes in at 5.6%
The Philippine Statistics Authority revealed yesterday that the Philippine economy grew 5.6% y/y in Q4, which is down from the 6.0% it grew in Q3......»»
Philippines GDP growth slows to 5.6 pct in 2023
© Provided by Xinhua MANILA, Feb. 1 (Xinhua) -- The Philippine economy grew by 5.6 percent in 2023 after expanding by 5.6 percent in the fourth quarter, below the 6 to 7 percent target range for 2023 set by the government, the Philippine Statistics Authority.....»»
Strong GDP expansion gives BSP room to further hike rates
he impressive economic growth posted by the Philippines in 2023 will give the Bangko Sentral ng Pilipinas more space to further raise interest rates in case of shocks, according to economists......»»
Stocks rebound on encouraging GDP numbers
Local stocks rebounded from a two-day slump after Philippine economic growth was reported at 5.6 percent yesterday......»»
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......»»
Near-target 2023 GDP growth acceptable amidst economic challenges – Neda chief
INQUIRER/ MARIANNE BERMUDEZ MANILA, Philippines — The country’s chief socioeconomic planner, Secretary Arsenio Balisacan of the National Economic and Development Authority (Neda), said that a 2023 economic growth slightly lower than the previous year’s 7.6 percent but near the government’s 6 to 7 percent target range would be considered acceptable, given the challenges faced by the.....»»