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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

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

Economy likely grew by 6.2 percent in Q1

The Philippine economy is expected to have posted a 6.2-percent growth in the first quarter supported by gains in the labor market and manufacturing, as well as government spending, according to First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P)......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

PAL spending P75 billion this year to support growth

Following great annual earnings reports by both Philippine Airlines and Cebu Pacific, both domestic airlines have pledged to spend a great deal of money to expand networks, buy new planes, and service existing planes......»»

Category: financeSource:  philstarRelated NewsApr 4th, 2024

CLI allots higher capex, partners with Japan firm

Cebu Landmasters Inc. is hiking its capital spending to P14.5 billion this year as it gears up for growth and expansion following a strong financial performance in 2023......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 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

Returning MJ Philips of Petro Gazz grateful for team’s patience

MJ Phillips is taking things slow as she returns to the fray for the Petro Gazz Angels in crunch time at the 2024 PVL All-Filipino Conference......»»

Category: newsSource:  philstarRelated NewsMay 1st, 2024

IM Yap grabs lead Cebu Chess Masters Invitational

CEBU CITY, Philippines — International Master (IM) Kim Steven Yap led the second day of the ongoing Cebu Chess Masters Invitational held at the Robinsons Galleria Cebu this weekend.  IM Yap, the second seed of the tournament, racked up three straight wins to bounce back from his slow day one outing.  He defeated third seed.....»»

Category: newsSource:  inquirerRelated NewsApr 14th, 2024

‘Invest to generate passive income’

Now is the time to invest to generate passive income as inflation is expected to slow down this year, according to a financial analyst......»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024

Putting woes slow down Saso; Thai sizzles

Yuka Saso carded a two-under 70 marked by moments of brilliance and struggles on the greens, trailing Thai Pajaree Anannarukarn by seven strokes at the start of the Ford Championship in Gilbert, Arizona......»»

Category: sportsSource:  philstarRelated NewsMar 29th, 2024

Race car driver Lord Seno tells motorists to ‘go slow’ when traversing Transcentral Highway

CEBU CITY, Philippines — The  Transcentral Highway (TCH) that connects Cebu City and the municipality of Balamban in midwestern Cebu has been on the news lately for grim reasons. This notable thoroughfare bears witness to several vehicular accidents, the most recently of which killed a nursing student after the Sports Utility Vehicle (SUV) that she.....»»

Category: newsSource:  inquirerRelated NewsMar 23rd, 2024

Petecio, Villegas stay on hunt for Paris Olympic boxing berths

Nesthy Petecio used her vast experience in overcoming a slow start and outlasting a taller and upset-conscious Maud Van der Toorn of the Netherlands in their women’s 57-kilogram quarterfinal duel......»»

Category: sportsSource:  philstarRelated NewsMar 11th, 2024

Women s Voices Have Power to Drive Change

Every March 8, International Women's Day, women flood the streets in countries around the world to commemorate hard-won victories for women's rights and to fight for more. It's a time to celebrate advances while sharing our frustrations about too-slow progress or even backsliding.But we're only able to express our joy and rage when we enjoy freedom of expression. Without it, realizing other rights is nearly impo.....»»

Category: newsSource:  philippinetimesRelated NewsMar 10th, 2024

Rep. Tulfo calls on nat’l gov t to probe into Masara landslide

ACT-CIS Partylist representative Congressman Erwin Tulfo, earlier this week, reiterated his sentiments regarding the slow conduct of the investigation by the national government into the Masara landslide tragedy that claimed at least 98 individuals and injured 32......»»

Category: sportsSource:  abscbnRelated NewsMar 5th, 2024

Philippines air passenger volume balloons to 50 million

Air travel in the Philippines ballooned by more than half to 50.18 million passengers in 2023, but remains a mile behind pre-pandemic peak as demand for international flights is slow to pick up......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Nestle, Danone see price hikes slowing after years of sharp increases

LONDON/PARIS (Reuters) -Two of the world’s top consumer goods companies, Danone and Nestle, said on Thursday they will slow price increases in 2024 after two years of hikes that prompted many shoppers to seek cheaper alternatives for basic goods like yoghurt and coffee. But Danone, which owns brands including Evian and Badoit waters and Activia.....»»

Category: sportsSource:  abscbnRelated NewsFeb 23rd, 2024

Sikat na aktres ‘on the rocks’ na ang relasyon sa dyowang foreigner

MUKHANG hindi pa naaamoy ng netizens na on the rocks ang relasyon ng kilalang aktres sa boyfriend niyang malayo sa kanya. Tsika ng aming source, “Busy kasi sila pareho, so, they decided muna na mag slow down sa kanilang relasyon kasi nga may kanya-kanya silang career. “Hindi masabi ni girl kung sila pa kasi nga.....»»

Category: newsSource:  inquirerRelated NewsFeb 21st, 2024

Comelec eyeing return of voter’s ID cards

Comelec chairperson George Garcia on Wednesday announced that discussions are underway regarding the reissuance of voter IDs, citing the slow distribution of national IDs as a key reason......»»

Category: newsSource:  philstarRelated NewsFeb 8th, 2024

Government to limit debt as new taxes hang

With outstanding debt at a record high, the government may have to go slow with its borrowing spree, at least for now, amid its no new taxes stance and the still elevated interest rate environment......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024