SM conglomerate optimistic on growth prospects for 2024
Conglomerate SM Investments Corp. of the Sy family is cautiously optimistic for 2024, but remains committed to stay on growth mode after solid contributions from its core businesses and higher earnings contribution from portfolio investments, which lifted earnings by a quarter to P77 billion in 2023......»»
FDI inflow down 17.5% in 10 months
The net inflow of foreign direct investments fell by 17.5 percent from January to October 2023, reflecting the adverse impact of persistent inflationary pressures and slowing global growth prospects on investor sentiment......»»
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......»»
Jollibee invests $28 million in beverage tech firm
Filipino-owned Asian food conglomerate Jollibee Foods Corp. is investing $28 million for a 10 percent stake in beverage technology company Botrista Inc. to support the growth of its coffee and tea business......»»
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......»»
‘Mass transport to boost economy’
Mass transportation is key to economic growth in the Philippines, said the Yanson Group, owner of the biggest bus conglomerate in the Philippines......»»
Cebu offers prospects for US agricultural exporters
Cebu offers strong opportunities for direct shipments of US agricultural exports, driven by the feed and food manufacturing, food service and food retail sectors, according to the United States Department of Agriculture......»»
UP volleyball team announces retaining young players
After securing two high-profile volleyball prospects from the Visayas, good news continue to arrive for the UP Fighting Maroons......»»
IMF hikes Philippines 2024 growth target
The International Monetary Fund upgraded its 2024 economic growth forecast for the Philippines amid the stronger rebound in investments and exports......»»
City’s economic prospects in peril
Zamboanga City is proud to have the biggest and fastest-growing economy in the entire Zamboanga Peninsula......»»
Prospects Kristian Porter, Femi Edu land on Blue Eagles nest
The Ateneo Blue Eagles bolstered their lineup by acquiring two young basketball prospects ahead of UAAP Season 87......»»
ARQ Boxing Stable’s Gura and Piala to debut in Japan
CEBU CITY, Philippines —ARQ Boxing Stable prospects Rodex “The Tank” Piala and Yerroge “The Scientific” Gura are set to make their debut in the bustling boxing scene in Japan in June. This announcement comes officially from ARQ Sports and strength and conditioning trainer Roger Justine Potot, confirming that both Piala and Gura are scheduled for.....»»
Blockbuster card in Mandaue
A seven-fight, 58-round card called Engkwentro 13 is guaranteed to rock the Mandaue Cultural and Sports Complex on May 1 with a pair of WBO Oriental championships at stake in a double main event featuring undefeated prospects and a former two-time world titlist gunning for another crack at the crown.....»»
Aranas to face Acope in Carcar slugfest
CEBU CITY, Philippines — Undefeated prospect Jemuel Aranas will treat his hometown folks in Carcar City, south Cebu with a six-rounder bout on April 20, at the Carcar City Sports Complex. The 21-year-old Aranas is one of Chao Sy Boxing Gym’s prospects who debuted in 2023 as a pro. READ MORE: Jerusalem ends PHL’s world.....»»
Santisima, Castino fell short in Japan debut
CEBU CITY, Philippines — Two Filipino boxers faltered in their scheduled fights at the Korakuen Hall in Tokyo, Japan on Saturday, March 2. Cebu-based Alex Santisima Jr. and PMI Bohol Boxing Gym’s Jhunrille Castino suffered knockout defeats in the hands of Japanese prospects in the same fight card put up by Teiken Promotions. ALSO READ:.....»»
Instead of breaking pencils to ward off bad luck, MSU-GenSan examinees donate them to IP school
GENERAL SANTOS CITY (MindaNews / 28 February) – The usual breaking of pencils after an examination did not happen to about a thousand examinees who took the recent qualifying examinations at the Mindanao State University (MSU) here. The traditional pencil-breaking practice was meant to ward off bad spells and bring good prospects to examinees, Mherzel […].....»»
UP further bolsters future, stashes hitters Yesha Noceja, UAAP HS MVP Kianne Olango
UP continues to rebuild its women's volleyball team from the ground up, adding high school champion spikers Yesha Noceja and former UAAP MVP Kianne Olango to its growing prospects stash.....»»
Daughter of missing landslide victim confronts grim prospects
MACO, Davao de Oro (MindaNews / 12 February)—The plight of a college student, whose father is among those missing after the tragic landslide in the mining village of Masara here on February 6, is further complicated by concerns about her education and the health issues of her mother and younger brother. Bea Esmero, a third-year […].....»»
UP volleyball enlists two promising Visayan belles
The University of the Philippines may have missed securing the top-ranked high school basketball player but scooped up two of the best volleyball prospects from the Visayas......»»
UP volleyball squad announces key acquisitions
The UP women’s volleyball team has secured the commitment of two high-profile prospects from the Visayas......»»