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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 […].....»»

Category: newsSource:  metrocebuRelated NewsApr 24th, 2024

Double-digit growth in bank lending seen this year

The Philippine banking sector is expected to book double-digit growth in loan disbursements this year on the back of robust economic growth, according to BMI Country Risk & Industry Research......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

Remolona sees 5.9 percent GDP this year

The Philippine economy is likely to grow at a faster pace this year, but it would still be below the government’s goal of six to seven percent as rate hikes continue to constrict demand, Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. said......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Grab contributes up to 0.3 percent to GDP – study

Ride-hailing giant Grab Philippines contributes as much as 0.3 percent to the economy, as a peso spent on the platform generates an additional P3.42 in output, according to a recent report......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Heat index in Laoag, Aparri may reach 46 °C on Sunday – Pagasa

MANILA, Philippines — Two areas, namely Laoag City in Ilocos Norte and Aparri in Cagayan, might experience the highest heat index on Sunday at 46 °C, according to the forecast of the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa). These places are followed by Roxas City in Capiz and Guiuan in Eastern Samar at.....»»

Category: newsSource:  inquirerRelated NewsMay 12th, 2024

Cebu weather: Warm and stable weather for next 5 days – Pagasa

CEBU CITY, Philippines – As we head into the weekend, residents of Metro Cebu and the rest of the province can anticipate warm and stable weather conditions, according to the latest forecast from the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) Visayas Regional Services Division. For Saturday, May 11, temperatures are projected to range.....»»

Category: newsSource:  inquirerRelated NewsMay 11th, 2024

Aparri, Cagayan heat index expected to hit 48°C

MANILA, Philippines — Aparri in Cagayan is expected to hit the highest heat index on Sunday at 48 degrees Celsius (°C), according to the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa). Based on Pagasa’s forecast, Dagupan City in Pangasinan might also experience extreme heat at 47°C, followed by Virac in Catanduanes at 45°C. Apart.....»»

Category: newsSource:  inquirerRelated NewsMay 5th, 2024

16 areas could hit danger level heat index

A total of 16 areas in the Philippines are forecast to fall under the "danger" heat index classification on Sunday, PAGASA said......»»

Category: newsSource:  philstarRelated NewsMay 5th, 2024

Cebu weather: Still hot, humid for the next five days

CEBU CITY, Philippines – As the hot and humid summer continues, residents of Metro Cebu and the rest of the province can expect stable weather in the next few days, according to the latest forecast from the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) Visayas Services Division. From Saturday, May 4, to Wednesday, May 8,.....»»

Category: newsSource:  inquirerRelated NewsMay 4th, 2024

DepEd tells public schools to hold online classes from April 29 to 30

MANILA, Philippines — The Department of Education (DepEd) has instructed public schools nationwide to shift to online classes from Monday (April 29) to Tuesday (April 30), due to the upcoming transport strike by Piston and amid the extreme heat. “In view of the latest heat index forecast of the Philippine Atmospheric, Geophysical and Astronomical Services.....»»

Category: newsSource:  inquirerRelated NewsApr 28th, 2024

Charting a course for energy security

Midway through the dry season, the Philippine Atmospheric Geophysical and Astronomical Services Administration has already issued warnings of dangerously escalating heat indexes. Consequently, this forecast signals a looming surge in energy demand, posing a significant challenge for the country amid ongoing issues with power supply......»»

Category: financeSource:  philstarRelated NewsApr 25th, 2024

Tastesetters Victors Night celebrates innovations in the F& B industry, reveals food trends forecast

Tastesetters believes that food is a work of art, which is why they have chosen the famed Yuchengco Museum to be the setting of the event. By putting together complex flavors and intricate plating techniques, gastronomic masterpieces were created to surprise and delight the senses......»»

Category: newsSource:  philstarRelated NewsApr 23rd, 2024

Rain forecast, heat caution for Davao

THE state weather bureau announced on Sunday, April 21, that the entire regions of Davao and Caraga will experience slight to moderate rains due to a trough of a low-pressure area (LPA) persisting for 24 hours......»»

Category: newsSource:  sunstarRelated NewsApr 22nd, 2024

Philippines to import less rice this year – USDA

The United States Department of Agriculture (USDA) has lowered its rice import forecast for the Philippines to 3.9 million metric tons (MT) as it expects the country to have a better harvest than earlier projected......»»

Category: financeSource:  philstarRelated NewsApr 13th, 2024

LIST: Onsite classes na 'WalangPasok dahil sa tindi ng init ngayong April 5

SUSPENDIDO ang face-to-face classes sa ilang lugar ngayong araw, April 5, dahil sa napakainit na panahon. Ayon sa latest forecast ng Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA), ang heat index ay posibleng umabot sa “dangerous category” sa ilang parte ng bansa. Paalala ng weather bureau, ang heat index na lagpas 42 degrees Celsius.....»»

Category: newsSource:  inquirerRelated NewsApr 5th, 2024

Dagdag-bawas nasipat sa presyo ng gasolina, krudo, kerosene

Batay sa fuel price forecast sa unang linggo ng Abril, inaasahang magkakaroon ng dagdag-bawas sa presyo ng gasolina, krudo at kerosene matapos ang pagtaas nito kasabay ng Semana Santa. The post Dagdag-bawas nasipat sa presyo ng gasolina, krudo, kerosene first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMar 31st, 2024

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......»»

Category: newsSource:  inquirerRelated NewsMar 31st, 2024

PAGASA: Heat index in 8 areas to reach danger levels

The heat index in eight areas in the country is forecast to reach dangerous levels today, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration......»»

Category: newsSource:  philstarRelated NewsMar 30th, 2024

11 areas to reach ‘danger’ level heat index on Black Saturday

MANILA, Philippines — The heat index in 11 areas of the country is expected to reach the “danger” level on Black Saturday, the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa) said. Based on its forecast as of 5 p.m. on Friday, the following areas will fall under the “danger” category today: READ:Pagasa: Heat index.....»»

Category: newsSource:  inquirerRelated NewsMar 30th, 2024

Heat index could hit danger level in 14 areas on Good Friday, PAGASA warns

In its 5 a.m. forecast on Thursday, the agency noted that certain areas could see a heat index soaring up to 44 degrees Celsius (°C)......»»

Category: newsSource:  philstarRelated NewsMar 29th, 2024