The road to transformational growth
Leading think tanks, analysts and multilateral agencies have recently forecasted that the Philippines will be a high-middle-income country within this decade and the 18th-largest economy in the world by 2050......»»
Fatalities in Mabinay road accident rise to 15
CEBU CITY, Philippines – Another victim of the tragic road accident in Mabinay town in Negros Oriental has died. This increases to 15 the total number of fatalities in the Wednesday afternoon road accident, according to Lieutenant Stephen Polinar, spokesperson of the Negros Oriental Police Provincial Office (NOPPO). ALSO READ: 14 killed, 3 injured in.....»»
Road rage disrupts morning traffic
MANDAUE CITY, Philippines – A physical altercation between a taxi driver and a truck driver in the middle of the road on J.P Rizal St. in Barangay Tabok, Mandaue City, last Tuesday morning was caught on video and went viral on the Internet. As a response to this road rage incident, the Traffic Enforcement Agency.....»»
Serious crash near Ashburton
Police are responding to a two-vehicle crash in Willowby, near Ashburton.The crash was reported around 5:40pm on Longbeach Road, near Winslow Willoughby Road.One person is in a critical condition, and a helicopter has been called for.The Serious Crash Unit has been advised.The road is blocked and motorists are advised to expect delays.ENDS Source: NZ Police.....»»
Road closed - Serious Crash Canal West Road, Waitakaruru, Waita
Canal West Road,Waitakaruru, Waita, is closed following a serious crash.The two vehicle collision was reported just after 4pm.Initial indications are that one person is in a serious condition.The Serious Crash Unit are attending.Motorists are advised to avoid the area and expect delays.ENDSSource: NZ Police(File photo)......»»
Cebu City sets 14 road opening, widening projects worth P3.8B
CEBU CITY, Philippines – The Cebu City government is set to implement 14 road opening and widening projects this year in a bid to ease traffic. Engr. Miralex Toribio, acting assistant city engineer of the Department of Engineering and Public Works (DEPW), disclosed that around P3.8 billion worth of road opening and widening projects.....»»
Update: Grenada Road
Grenada Road and the Churton Park-Glenside on-ramp has reopened.Police wish to thank motorists for their patience while the road was closed.ENDSIssued by Police Media Centre Source: NZ Police.....»»
Rombaon, Krogg road race queens
Avegail Rombaon and Mathilda Krogg made Team Philippine Navy-Standard Insurance proud by sweeping the women’s road race titles in the PhilCycling National Championships for Road 2024 in Cavite and Batangas yesterday......»»
Illegal road works?: Alarm raised over road development within watershed areas in Barangay Carmen
A DAVAO City Councilor has raised concerns regarding road construction within the watershed areas of Barangay Carmen, Baguio District......»»
SK chair, others to face road-related law violation charges
SEVERAL youths, including a Sangguniang Kabataan (SK) chairman in Malita, Davao Occidental, who were seen in a viral video over road-related law violations and reckless driving incident along the Coastal Road in Bago Aplaya, earlier this month will be put under custody in Davao City’s police offices for different charges......»»
Cordova to implement road clearing in all barangays
LAPU-LAPU CITY, Cebu — The Municipality of Cordova will conduct barangay road clearing operations on May 10, 2024, in compliance with the circular issued by the Department of the Interior and Local Government (DILG). Councilor Lemuel Pogoy admitted that currently, the town has only implemented road clearing operations in Barangay Poblacion or areas near the.....»»
Cebu Daily Newscast: 2 motorcycle drivers killed in separate road crashes in Cebu
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Monday, May 6, 2024. 2 motorcycle drivers killed in separate road crashes in Cebu Two motorcycle drivers died in separate road accidents in Cebu before dawn on Monday, May 6. The first accident happened.....»»
Multa sinuspinde lang! E-bike, e-trike ban ratsada sa NCR – MMDA
Bukod sa mga e-vehicle, kasama rin sa pinagbawalang dumaan sa mga national road, circumferential road at radial road ang mga tricycle, pedicab, push cart at kuliglig. May P2,500 multa sa mga mahuhuling pasaway. The post Multa sinuspinde lang! E-bike, e-trike ban ratsada sa NCR – MMDA first appeared on Abante......»»
Philippines manufacturing output sustains growth in December 2023
MANILA, Feb. 7 (Xinhua) -- The performance of manufacturing production in the Philippines sustained its growth in December 2023, the Philippine Statistics Authority (PSA) said Wednesday. 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 by 2.6 percent and 2 percent in December, respectively......»»
Indian banking sector continues to improve with better asset quality, high credit growth: Survey
New Delhi [India], March 21 (ANI): The health of the Indian banking sector continues to improve with better asset quality and high credit growth, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) showed. The eighteenth round of the survey was carried out for the period July to December 2023. Those banks that were surveyed together represent about 77 per cent of the banking i.....»»
China maintains defence budget growth despite economic travails
Hong Kong, March 12 (ANI): At the 14th National People's Congress, China announced its defence budget for 2024 and interestingly maintained the growth rate of its military expenditure at precisely the same percentage as last year, as Chairman Xi Jinping continues to prioritize the People's Liberation Army (PLA) at the expense of other sectors of government funding. Indeed, according to figures released on the opening day.....»»
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.....»»
Near-target 2023 GDP growth acceptable amidst economic challenges – Neda chief
INQUIRER/ MARIANNE BERMUDEZ MANILA, Philippines — The country’s chief socioeconomic planner, Secretary Arsenio Balisacan of the National Economic and Development Authority (Neda), said that a 2023 economic growth slightly lower than the previous year’s 7.6 percent but near the government’s 6 to 7 percent target range would be considered acceptable, given the challenges faced by the.....»»
Xinhua world economic news summary at 0830 GMT, Jan. 18
DAVOS, Switzerland -- Although the global economy is facing sluggish growth and numerous challenges, business leaders attending the 54th annual meeting of the World Economic Forum (WEF) remain confident over the prospects of the Chinese economy. Over recent years, China has been an important engine for the global economy. China's gross domestic product (GDP) posted a growth of 5.2 percent year-on-year in 2023, h.....»»
PH Economy Remains Optimistic Amid Global Slowdown
The country is one of the fastest growing economies in East Asia and the Pacific according to the World Bank, foreseeing robust growth despite global economic slowdown. In the latest World Bank Global Economic Outlook report released on Tuesday, the Philippines is expected to maintain its economic growth rate in 2024 at 5.8%, slightly higher […].....»»
Philippines to lead growth in ASEAN+3
The Philippines is expected to post the fastest economic growth in the Association of Southeast Asian Nations Plus 3 this year and the next, according to the ASEAN+3 Macroeconomic Research Office......»»