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Banks expect higher consumer, corporate loan demand in Q1
Despite the higher for longer interest rate scenario, Philippine banks still expect a stronger loan demand from companies and households in the first quarter of the year, according to the Bangko Sentral ng Pilipinas......»»
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......»»
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.....»»
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.....»»
‘High level of Phl economic performance despite…’
From 2010 to the present – minus the worst year of the lockdown period of the pandemic in 2019 – Philippine economic growth performance has been consistently high, at an average of 6.4 percent......»»
EastWest Bank sees sustained profit gains
Gotianun-led East West Banking Corp. is targeting to sustain its double-digit income growth this year as it expects higher consumer loan demand, according to its top official......»»
EastWest Bank profit hits P6.1 billion
Gotianun-led EastWest Banking Corp. saw its net income jump by 32 percent to P6.1 billion in 2023 from P4.6 billion in 2022 on the back of double-digit growth in loan portfolio and stable funding sources......»»
RCBC income hits all-time high in 2023
Rizal Commercial Banking Corp. grew its net income by 15 percent to hit a record P12.22 billion in 2023, fueled by faster-than-industry loan and deposit growth......»»
Edwards leads Wolves back from 20-point deficit for 98-90 win over defending NBA champion Nuggets
DENVER (AP) — Anthony Edwards overcame a slow start and the Timberwolves roared back from a 20-point second-half deficit to eliminate the reigning NBA champion Denver Nuggets 98-90 in a Game 7 Minnesota masterpiece on Sunday night. The Timberwolves overcame a 15-point halftime deficit — the largest comeback in a Game 7 in NBA playoff.....»»
Critical minerals are key to the green movement
Given the effects of climate change that are already being felt around the globe especially among the most vulnerable countries like the Philippines, there is now greater urgency in finding fast and high- impact solutions that would at least slow down, if not reverse, global warming......»»
Asia-Pacific’s alarming loss of biodiversity
In recent months, the Food and Agriculture Organization (FAO) of the United Nations and others have pointed to an increase in food insecurity and “hunger hotspots” in various parts of Asia and the Pacific. While conflicts and climate crises can carry some of the blame, we must acknowledge that the slow but steady erosion of our region’s biodiversity is an equal or even greater threat to our future food security......»»
2 motorcycle riders die in road crash in Philippines
MANILA, May 6 (Xinhua) -- Two people were killed after their motorcycle rammed into a truck in the Philippine capital before dawn on Monday, authorities said. A street video surveillance camera caught the speeding motorcycle with the male riders crashed into the back of the slow-moving trailer truck in Tondo, a district in Manila City. The victims died at the scene. Emergency responders said the dr.....»»
Returning MJ Philips of Petro Gazz grateful for team’s patience
MJ Phillips is taking things slow as she returns to the fray for the Petro Gazz Angels in crunch time at the 2024 PVL All-Filipino Conference......»»
IM Yap grabs lead Cebu Chess Masters Invitational
CEBU CITY, Philippines — International Master (IM) Kim Steven Yap led the second day of the ongoing Cebu Chess Masters Invitational held at the Robinsons Galleria Cebu this weekend. IM Yap, the second seed of the tournament, racked up three straight wins to bounce back from his slow day one outing. He defeated third seed.....»»
‘Invest to generate passive income’
Now is the time to invest to generate passive income as inflation is expected to slow down this year, according to a financial analyst......»»
Putting woes slow down Saso; Thai sizzles
Yuka Saso carded a two-under 70 marked by moments of brilliance and struggles on the greens, trailing Thai Pajaree Anannarukarn by seven strokes at the start of the Ford Championship in Gilbert, Arizona......»»
Race car driver Lord Seno tells motorists to ‘go slow’ when traversing Transcentral Highway
CEBU CITY, Philippines — The Transcentral Highway (TCH) that connects Cebu City and the municipality of Balamban in midwestern Cebu has been on the news lately for grim reasons. This notable thoroughfare bears witness to several vehicular accidents, the most recently of which killed a nursing student after the Sports Utility Vehicle (SUV) that she.....»»
Petecio, Villegas stay on hunt for Paris Olympic boxing berths
Nesthy Petecio used her vast experience in overcoming a slow start and outlasting a taller and upset-conscious Maud Van der Toorn of the Netherlands in their women’s 57-kilogram quarterfinal duel......»»
Women s Voices Have Power to Drive Change
Every March 8, International Women's Day, women flood the streets in countries around the world to commemorate hard-won victories for women's rights and to fight for more. It's a time to celebrate advances while sharing our frustrations about too-slow progress or even backsliding.But we're only able to express our joy and rage when we enjoy freedom of expression. Without it, realizing other rights is nearly impo.....»»