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53% drop in Davao City’s road accidents: DCPO-TEU
The Davao City Police Office-Traffic Enforcement Unit (DCPO-TEU) has reported a significant 53% decrease in road accidents during the first 16 days of 2024 compared to the same period in 2023. Deputy Chief Pcpt. Raymundo B. Bacera Jr. revealed these statistics during the ISpeak media forum, citing 213 recorded incidents in 2023, compared to only 102 in 2024. He noted a reduction in the number of vehicles involved, from 120 to 51. Human error was identified as the primary cause of accidents, accounting for 97% of cases, while vehicle defects and road defects contributed to 2% and 1% of incidents, respectively. Private vehicles were involved in 40% of the accidents, with common human errors including texting/calling while driving, overtaking, and speeding. The peak hours for accidents were identified as between 2 pm to 4 pm. Despite the implementation of the New Speed Limit Ordinance, which came into effect on January 11, 2024, Dionisio Abude, head of the City Transport and Traffic Management Office (CTTMO), emphasized that the ordinance cannot guarantee the absence of road incidents, highlighting the critical role of driver behavior and driving habits. Since the ordinance's enforcement, CTTMO and DCPO-TEU have issued citations to 730 violators, with private vehicles constituting 49% of the total, followed by motorcycles, taxis, trucks, public utility jeepneys, buses, and public utility vans......»»
Kita ng digital economy pumalo sa P2T
Lumampas sa P2 trilyon ang kita ng tinatawag na digital economy noong 2023. The post Kita ng digital economy pumalo sa P2T first appeared on Abante......»»
CV records ‘fastest growing economy’ among all regions in PH
CEBU CITY, Philippines — Central Visayas has bested the 17 regions in the country after being named the “fastest-growing” economy based on the 2023 data of the Philippine Statistics Authority (PSA). It also remained the fourth-largest contributor to the overall growth of the Philippine economy and the highest contributor outside Luzon, with a 6.6 percent.....»»
Chinese economy to moderate in 2024: ADB
Manila [Philippines], April 12 (ANI): The Chinese economy is forecast to grow 4.8 per cent in 2024, amid a recovery of household consumption, ongoing property market adjustment, and weak external demand, according to the latest report published by the Asian Development Bank (ADB). The growth in the Asian economy is projected to moderate from a 5.2 per cent expansion last year. An uncertain external macroeconomic environme.....»»
Open ocean salmon farm a win for the economy
The final approval of New Zealand King Salmon's Blue Endeavour open ocean aquaculture project is a significant step for New Zealand's aquaculture, and a win for the economy, Oceans and Fisheries Minister Shane Jones says. "Blue Endeavour will be the first open ocean aquaculture salmon farm in New Zealand. It's going to provide more jobs for the Marlborough region and benefit our economy b.....»»
Race for global economic dominance sees striking turn of fortunes - ex-IMF official
The assumption that China will eventually overtake the US as the world's largest economy now seems less certain, Eswar Prasad has said The US has extended its lead over China in the race for the globe's largest economy, Bloomberg reported on Friday. The American economy defied forecasts in outperfo.....»»
Xinhua world economic news summary at 0830 GMT, Jan. 18
DAVOS, Switzerland -- Although the global economy is facing sluggish growth and numerous challenges, business leaders attending the 54th annual meeting of the World Economic Forum (WEF) remain confident over the prospects of the Chinese economy. Over recent years, China has been an important engine for the global economy. China's gross domestic product (GDP) posted a growth of 5.2 percent year-on-year in 2023, h.....»»
Easter Sunday mainit, 8 lugar papalo sa 42 hanggang 44°C –PAGASA
ASAHAN ang mas mainit na panahon sa ilang lugar sa bansa ngayong Easter Sunday, March 31. Ayon sa latest forecast ng Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA), posibleng umabot sa 42 degrees Celsius hanggang 44 degrees Celsius ang heat index sa walong lugar na nasa Metro Manila, Occidental Mindoro, Palawan, Capiz, at Iloilo......»»
Traders list 12 initiatives to boost economy in 2024
Political stability, a globally competitive education and predictability of contracts are among the 12 initiatives that the country should undertake to strengthen the Philippine economy this year, according to an alliance of Filipino-Chinese entrepreneurs......»»
Government urged to boost spending for broadband infrastructure
A leading think tank has called on government to aggressively invest in broadband infrastructure to boost the competitiveness of the Philippines in the global digital economy......»»
Philippines, IRRI ink MOU to boost rice output
MANILA, Feb. 19 (Xinhua) -- The Philippines' Department of Agriculture (DA) on Monday said it has signed a memorandum of understanding (MOU) with the International Rice Research Institute (IRRI) to help boost rice production in the Philippines. The DA said the five-year MOU seeks to boost the country's rice industry through sustainable practices that enhance yield, reduce production costs, minimize post-harvest.....»»
Philippines, IRRI ink MOU to boost rice output
MANILA, Feb. 19 (Xinhua) -- The Philippines' Department of Agriculture (DA) on Monday said it has signed a memorandum of understanding (MOU) with the International Rice Research Institute (IRRI) to help boost rice production in the Philippines. The DA said the five-year MOU seeks to boost the country's rice industry through sustainable practices that enhance yield, reduce production costs, minimize post-harvest.....»»
CTOO spearheads initiative to empower barangays
AN OFFICIAL from the City Tourism Operations Office (CTOO) announced plans to activate the barangay tourism council to enhance tourism activities at the barangay level......»»
Marcos: Philippines tourism in stiff competition with Asian neighbors
"We are in very stiff competition. Thailand has done an extremely good job in promoting tourism. Korea has done a very, very good job doing that. Indonesia, the same thing. Vietnam, the same thing," the president said......»»
CTOO plans sustainable approach for new tourism sites
AN OFFICIAL from the City Tourism Operations Office (CTOO) discussed plans to promote community-based tourism in Davao City......»»
DOT: Sofitel closure ‘significant loss’ for tourism
The upcoming closure of the five-star Sofitel Philippine Plaza Manila hotel would be a “significant loss for the tourism industry,” the Department of Tourism said on Monday......»»
Philippines to showcase tourism offerings at Arabian Travel Market, Seoul Int’l Travel Fair 2024
The Department of Tourism and its marketing arm, Tourism Promotions Board, are set to lead the delegation who will spotlight Philippines' tourism offerings in back-to-back travel and trade events this month......»»
CTOO: Too early to tell lovers’ murder effect on city tourism
THE Davao City Tourism Operations Office (CTOO) says it is too early to presume the possible and direct effect on the tourism industry in the city of the recent bloody crime involving the deaths of real-life partners......»»
Tubigon, Badian win big in tourism challenge
Tubigon, Badian win big in tourism challenge.....»»
As economic driver, tourism gives hope – Cebu governor
Cebu Gov. Gwendolyn Garcia took center stage as the keynote speaker during The Freeman Business Forum 2024 held yesterday at Bai Hotel in Mandaue City, shedding light on the tourism initiatives of the provincial government. .....»»