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Economy to expand at faster pace in 2024

The Philippine economy is expected to grow at a faster pace this year than in 2023 despite headwinds, but the growth will be below the government’s target, according to First Metro Investment Corp.......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Philippines to grow at faster pace this year – PIDS

Despite global economic challenges, the Philippine economy is expected to expand at a faster pace this year than in 2023, according to state think tank Philippine Institute for Development Studies......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

GCash sets sights on further international expansion

With GCash Overseas, Filipinos in the United States, Canada, the United Kingdom, Spain, Italy, Germany, Qatar, Kuwait, Japan, South Korea, Taiwan, Singapore, Hong Kong and Australia can now download and use the GCash app, whether they have Philippine SIMs or local mobile phone numbers in the countries or territories where they live......»»

Category: newsSource:  philstarRelated NewsMar 22nd, 2024

2.4M Dabawenyos working as of Oct 2023

The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

Faster inflation could delay interest rate cuts – BDO

Faster inflation could delay monetary policy rate cuts from the Bangko Sentral ng Pilipinas , according to an official from BDO Trusts and Investments, the investment arm of BDO Unibank Inc......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

Factory gate prices rise faster in December

Producer prices went up at a slightly faster pace in December from the previous month, driven largely by the manufacture of computer and electronic products......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

LGUs tapped for faster distribution of seniors’ cash aid

LGUs tapped for faster distribution of seniors’ cash aid.....»»

Category: newsSource:  sunstarRelated NewsMar 24th, 2024

Faster, cheaper internet eyed

Faster, cheaper internet eyed.....»»

Category: newsSource:  sunstarRelated NewsFeb 9th, 2024

Measuring income inequality

In a recent report about the Philippine economy, the Philippine Institute for Development Studies. stated that the economy will grow at a faster pace this year. The emphasis of the report was on the projections for economic growth measured in terms of the Gross Domestic Product......»»

Category: newsSource:  philstarRelated NewsJan 27th, 2024

Philippines rises 23 spots in World Happiness Report

The Philippines rose 23 spots to land 53rd in the in the 2024 World Happiness Report. The Philippines was 76th in the World Happiness Report in 2023 and 60th in the 2022 report. The country also ranks as the 2nd happiest country in Southeast Asia, next to Singapore, which placed 30th. READ MORE: What makes Cebuano.....»»

Category: newsSource:  inquirerRelated NewsMar 21st, 2024

Pinoy children unable to report online sex abuse – report

Fifty-five percent of children surveyed in the Philippines did not know how to report harmful content on social media, a report on online child sexual exploitation and abuse revealed......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

Apple Vision Pro pre-orders require FaceID scan with an iPhone or iPad

Title: Apple Introduces Face ID Feature for Precise Band Fit in New Vision Pro Headset In its latest announcement, Apple has unveiled an exciting new.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 13th, 2024

Hitting Pause Continuously Purchasing Wants

We’ve all been there – that insatiable “need” to buy that new iPhone, that new collection from your favorite fast fashion brand, or other trends we see in social media that are not really “needs” to begin with. The urge to splurge on that trendy new gadget or the latest fashion craze is a constant […].....»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

Employees Enter a so-so Era: The Latest Jobs Report – The Daily Guardian

January’s Jobs Report Exceeds Expectations, Indicating Positive Outlook for Labor Market In a surprising turn of events, the jobs report for January has defied expectations.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 5th, 2024

Over 59,000 Indians acquired US citizenship in 2023, making up 6.7 pc of total new citizens: Report

Washington, DC [US], February 12 (ANI): Over 59,000 Indians were enlisted as bona fide US citizens in 2023, helping the country secure the second slot for the top source country for new citizens in America after Mexico, the annual progress report for 2023, released recently by the US Citizenship and Immigration Services (USCIS) stated. According to the official report, nearly 8.7 lakh foreign nationals became US citizens.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 12th, 2024

Over 59,000 Indians acquired US citizenship in 2023, making up 6.7 pc of total new citizens: Report

Washington, DC [US], February 12 (ANI): Over 59,000 Indians were enlisted as bona fide US citizens in 2023, helping the country secure the second slot for the top source country for new citizens in America after Mexico, the annual progress report for 2023, released recently by the US Citizenship and Immigration Services (USCIS) stated. According to the official report, nearly 8.7 lakh foreign nationals became US citizens.....»»

Category: newsSource:  manilanewsRelated NewsFeb 12th, 2024

UFO sightings mostly ‘ordinary objects’ says Pentagon report

WASHINGTON — A Pentagon report on UFO sightings said U.S. government investigations since the end of World War Two have found no evidence of extraterrestrial technology and had concluded that most sightings were misidentified ordinary objects and phenomena. The report released on Friday follows on from a 2022 Pentagon announcement that its then newly formed.....»»

Category: newsSource:  inquirerRelated NewsMar 9th, 2024

Hotel Sogo, Victoria Court trending among Filipinos before Valentine’s Day, report

MANILA, Philippines — Hotel chains Hotel Sogo and Victoria Court trended among Filipinos in the days leading up to Valentine’s Day this year, with the former garnering over two million reach on social media, a social listening report revealed. A report from Capstone-Intel released on February 14 showed that Filipino social media users loved to.....»»

Category: newsSource:  inquirerRelated NewsFeb 14th, 2024

153,000 aliens took part in 2024 Annual Report – BI

OVER 153,000 foreign nationals took part in this year’s annual report by aliens who are holders of immigrant and non-immigrant visas in country. This was learned from Bureau of Immigration (BI) Commissioner Norman Tansingco himslef, as he disclosed that a total of 153,651 foreigners participated in the 2024 Annual Report which started on January 1, […].....»»

Category: newsSource:  inquirerRelated NewsMar 11th, 2024