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Increasing flood resilience across the Wairarapa
Flood resilience across the Wairarapa will be increased thanks to the Government's commitment of more than $8 million across five projects."Today, I am visiting the Wairarapa as part of the Government's 100-day plan to meet with community representatives affected by the 2023 severe weather events to understand what can be done to speed up and simplify recovery efforts," Emergency Management an.....»»
North Korea says it tested new strategic cruise missile
SEOUL (Reuters) -North Korea said it tested its new strategic cruise missile on Wednesday, state media KCNA reported on Thursday, confirming what the South Korean military said the day before. The missile dubbed “Pulhwasal-3-31” is currently under development and the test-firing had no impact on the security of neighbouring countries, the state media said, adding.....»»
Marcos tells Australia their strategic partnership is more important than ever
MELBOURNE, Australia (AP) — Philippine President Ferdinand Marcos Jr. told Australia’s Parliament on Thursday that the strategic partnership between the two nations was more important than ever with the rule of law and peace in the region under threat from China. Marcos told a special joint sitting of the two chambers during a state visit.....»»
Philippines, Australia must maximize strategic partnership – President Marcos
The Philippines and Australia must fully maximize the potential of their strategic partnership, President Marcos said after arriving from his two-day visit to Canberra on Thursday night, describing the two nations as “forward-looking” and “law-abiding maritime states.”.....»»
PAL denies that it has started the groundwork to sell a minority stake to strategic investor
Philippine Airlines issued a clarification to a news article that claimed PAL was looking to sell a 20% to 25% minority stake to a strategic investor, and that PAL “recently formed a team to ‘receive some offers’”......»»
Phinma allots P4.5 billion for 2024 capex
The Phinma Group has earmarked P4.48 billion for capital expenditures this year to sustain the company’s growth momentum......»»
DigiPlus earmarks P2 billion for 2024 capex
Fast-growing digital entertainment company DigiPlus Interactive Corp. plans to spend as much as P2 billion this year as it looks to sustain its growth momentum and ramp up its digital offerings......»»
AEV hikes capex to P153 billion
Aboitiz Equity Ventures Inc. is hiking its capital expenditures by 135 percent to P153 billion this year as it gears up for another phase of growth and innovation......»»
Jollibee spending P23 billion for capex
Jollibee Foods Corp. is spending as much as P23 billion this year to sustain its growth momentum after posting strong profitability in 2023......»»
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......»»
UBS sees 2-digit credit growth for Philippines banks
Banks operating in the Philippines are expected to post a double-digit credit growth this year on the back of robust economic expansion, according to banking giant UBS......»»
Nomura hikes Philippines growth target for 2024
Nomura Global Markets Research has upgraded its economic growth forecast for the Philippines to six percent from 5.8 percent for this year after a better-than-expected expansion in 2023......»»
Recto sees ‘realistic’ 6-6.5 percent growth for Philippines
Finance Secretary Ralph Recto is looking at a “more realistic” economic growth of at least six to 6.5 percent for this year, with medium-term economic expansion likely to be tempered as well......»»
Biden Sets Sights On Las Vegas Before Nevada s Primary
Reno, Nevada - President Joe Biden's latest campaign swing is taking him across the country to Nevada, where the "first-in-the-West" primaries are underway with early and absentee voting. But the Democrat and his team are also using the visit to shore up support for the general election in November.Biden was arriving in Las Vegas on Sunday for appearances through Monday after spending part of the weekend in Cali.....»»
Philippines manufacturing output sustains growth in January
MANILA, March 7 (Xinhua) -- The Philippines' manufacturing production sustained growth momentum in January, the Philippine Statistics Authority (PSA) said Thursday. Based on the preliminary results of a monthly survey, the PSA said the year-on-year value of production index (VaPI) and the volume of production index (VoPI) increased 0.9 percent and 1.9 percent in January, respectively. Across all 22 indust.....»»
Cebu Landmasters raises P4B in preferred shares offering; plans strategic expansion
Real estate firm Cebu Landmasters Inc. (CLI) has raised more than P4.28 billion through its recent follow-on offering of preferred shares......»»
San Miguel income soars to P44.7 billion in 2023
Diversified conglomerate San Miguel Corp. expects to sustain its growth momentum this year after earnings soared in 2023 on the back of significant volume growth across its key businesses......»»
D-Link partners with VST ECS to drive innovation, network solutions
Networking solutions provider D-Link and IT distributor VST ECS announced their distribution agreement recently. The partnership aims to accelerate innovation across the country......»»
EDITORIAL - NFA housecleaning
With rice retailed at P20 per kilo still stuck in the realm of aspiration, a scandal has erupted in the National Food Authority, which is tasked to maintain a rice buffer stock for the country by buying from local farmers......»»
Malixi launches drive for Aussie amateur double
Fresh from a come-from-behind victory in Braeside, Rianne Malixi sets out for a sweep of the two premier titles Down Under as she heads the field in the Australian Amateur unwrapping Tuesday at two tough courses in Victoria......»»