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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.....»»

Category: newsSource:  philippinetimesRelated NewsJan 27th, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsJan 26th, 2024

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

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......»»

Category: financeSource:  philstarRelated NewsApr 11th, 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

BPI sees stronger credit growth

Bank of the Philippine Islands expects a robust growth in credit this year amid the country’s economic expansion and the planned interest rate cuts by the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

‘Not war with China; don’t rely only on US’ – Marcos Jr.

In an interview on Bloomberg TV last Wednesday, as reported in another national daily, he made two related comments that could represent important government policy stands. First, regarding China’s increasing aggressive moves against Philippine vessels in the West Philippine Sea; second, about the United States’ repeated assurance of its “iron-clad” defense commitment under the 1951 Mutual Defense Treaty. The post ‘Not war with China; don’t rely only on US’ – Marcos Jr. appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 23rd, 2024

Francis: Ukraine should have courage to negotiate end of war with Russia

Francis: Ukraine should have courage to negotiate end of war with Russia.....»»

Category: newsSource:  sunstarRelated NewsMar 10th, 2024

Marcos insists ‘Uniteam’ remains intact despite word war with Dutertes

Marcos maintained that his relationship with Vice President Sara Duterte is “exactly the same” even after he and his predecessor, Rodrigo Duterte, engaged in a war of words......»»

Category: newsSource:  philstarRelated NewsJan 31st, 2024

VP Sara ready to face ICC charges only before a Filipino court

Vice President Sara Duterte expressed her readiness to confront any allegations against her but insisted that she would only do so in front of a Filipino judge and within the jurisdiction of a Filipino court. In a statement on her Facebook page, she emphasized her refusal to participate in any process that could tarnish the reputation and integrity of the Philippine judiciary system. Duterte adamantly opposed the involvement of foreign entities in the country's legal affairs, citing it as a dishonor to the sacrifices made by Filipino heroes for the nation's freedom. Duterte, who previously served as vice mayor and mayor of Davao City, vehemently denied any involvement in the Davao Death Squad during her terms in office. She expressed dismay over the sudden appearance of a witness against her in the International Criminal Court (ICC) after assuming the vice presidency. Duterte dismissed the accusations and questioned the motives behind the allegations, asserting her capability to accomplish tasks without resorting to unlawful means. In a related development, President Ferdinand Marcos Jr. voiced his refusal to acknowledge the ICC's jurisdiction in the Philippines, considering it a threat to the country's sovereignty. He issued a directive for all government agencies to refrain from cooperating with the ICC, emphasizing the nation's non-recognition of the court's authority. Former senator Antonio Trillanes IV claimed that ICC investigators had gathered substantial evidence against former President Rodrigo Duterte regarding his administration's war on drugs. He anticipated an imminent issuance of an arrest warrant against the former president. Former President Rodrigo Duterte condemned the ICC's decision to initiate a preliminary investigation into the war on drugs, labeling it an insult to the Philippines and challenging the court's jurisdiction within the country. During his presidency, he initiated the withdrawal of the Philippines' membership from the Rome Statute, the treaty that established the ICC. The ICC appeals chamber recently granted a request to resume the investigation into alleged crimes against humanity related to the Philippines' controversial drug campaign, spanning from November 2011 to March 2019. The developments surrounding the ICC's probe into the Philippines' internal affairs have sparked a contentious debate, with key political figures and rights groups expressing divergent views on the matter. The ongoing tensions between the Philippines and the ICC underscore the complex intersection of international law, national sovereignty, and human rights issues......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

Ronnie Liang walang TF sa ‘Bagong Pilipinas’ rally: Para po sa bayan!

MATAPANG na lumantad ang actor-singer na si Ronnie Liang para sagutin ang nga isyu tungkol sa pagsali niya sa “Bagong Pilipinas” kickoff rally. Naganap ang nasabing political event sa Quirino Grandstand nitong magdaang Linggo, January 28, sa pangunguna ni Pangulong Bongbong Marcos, Jr.. Bukod kay Ronnie, dumalo rin sa “Bagong Pilipinas” kickoff rally para mag-perform.....»»

Category: newsSource:  inquirerRelated NewsJan 30th, 2024

Marcos calls for ‘Bagong Pilipinas’ and efficient service in governance brand kick-off rally

MANILA, Philippines — President Ferdinand Marcos Jr. on Sunday urged all government workers to work towards a “Bagong Pilipinas” (New Philippines) and deliver “responsive, efficient” service during the kick-off rally for his governance brand at Quirino Grandstand in Manila. Bongbong Marcos calls for ‘Bagong Pilipinas’ and efficient service in governance brand rally He also encouraged Filipinos.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

ICC can t probe Philippines drug war, Marcos tells Germany s Scholz

MANILA, The Philippines: This week, Philippine President Ferdinand Marcos Jr. told German Chancellor Olaf Scholz the International Criminal Court (ICC) has no authority to probe the bloody war against drugs conducted by his predecessor. Marcos discussed the Hague-based ICC's probe during a bilateral meeting with Scholz while visiting Germany. Former President Rodrigo Duterte officially withdrew from the i.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

Pinoy soldiers in Korean War remembered

Filipino soldiers who fought with Korean soldiers during the Korean War in the 1950s were cited by former UN secretary general Ban Ki-moon......»»

Category: newsSource:  philstarRelated NewsMar 12th, 2024

Palestinians prepare for Ramadan in the shadow of Gaza war

JERUSALEM/CAIRO/RAFAH, Gaza — Palestinians prepared for Ramadan in a sombre mood with heightened security measures by Israeli police and the spectre of war and hunger in Gaza overshadowing the normally festive Muslim holy month as talks to secure a ceasefire stalled. Thousands of police have been deployed around the narrow streets of the Old City.....»»

Category: newsSource:  inquirerRelated NewsMar 11th, 2024

Civilian casualties rise in Myanmar s civil war as resistance forces tighten noose around military

Civilian casualties rise in Myanmar s civil war as resistance forces tighten noose around military.....»»

Category: newsSource:  sunstarRelated NewsMay 9th, 2024

International tribunal hears ‘war crimes’ charges

This month, on May 17-18, the International Peoples’ Tribunal, a quasi-judicial forum periodically convened in Europe, will focus on the Philippines for the sixth time since 1980. The post International tribunal hears ‘war crimes’ charges appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMay 4th, 2024

Drug war memorial site launched in Caloocan

A memorial site and columbarium for victims of extrajudicial killings during the Duterte administration’s war on illegal drugs was inaugurated at the La Loma Catholic Cemetery in Caloocan yesterday......»»

Category: newsSource:  philstarRelated NewsMay 1st, 2024

Marcos- Philippines will not lift a finger to help ICC drug-war probe - BenarNews

Marcos: Philippines 'will not lift a finger' to help ICC drug-war probe BenarNews.....»»

Category: newsSource:  manilanewsRelated NewsMay 1st, 2024

Leila de Lima- Philippine court grants bail to Duterte drugs war critic - BBC.com

Leila de Lima: Philippine court grants bail to Duterte drugs war critic BBC.com.....»»

Category: newsSource:  manilanewsRelated NewsApr 28th, 2024