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Toral: Philippine economy continues to expand amidst external pressures

Toral: Philippine economy continues to expand amidst external pressures.....»»

Category: newsSource: sunstar sunstarMay 17th, 2024

Philippines has potential to grow into $2 trillion economy – WEF

The Philippines can potentially expand to a $2-trillion economy over the next decade if investments in key sectors will be sustained, particularly in education and human development, according to a top official of the World Economic Forum......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Malaysian PM urges diplomatic engagement, rejects external interference on South China Sea

KUALA LUMPUR, June 7 (Xinhua) -- Malaysian Prime Minister Anwar Ibrahim has called for "aggressive" diplomatic engagement to resolve disputes in the South China Sea, rejecting interference of external parties. Anwar made the remarks on Thursday at the 37th Asia-Pacific Roundtable (APR) held in Kuala Lumpur, according to Malaysian national news agency Bernama. Taking a question from a Philippine delegate o.....»»

Category: newsSource:  inquirerRelated NewsJun 8th, 2024

Malaysian PM urges diplomatic engagement, rejects external interference on South China Sea

KUALA LUMPUR, June 7 (Xinhua) -- Malaysian Prime Minister Anwar Ibrahim has called for "aggressive" diplomatic engagement to resolve disputes in the South China Sea, rejecting interference of external parties. Anwar made the remarks on Thursday at the 37th Asia-Pacific Roundtable (APR) held in Kuala Lumpur, according to Malaysian national news agency Bernama. Taking a question from a Philippine delegate o.....»»

Category: newsSource:  philippinetimesRelated NewsJun 7th, 2024

Coast guard ship visit highlights shared problems for PH, India — external affairs minister

The arrival of the Indian pollution control vessel in Manila brought attention to the shared challenges in marine pollution encountered by both India and the Philippines, according to India’s external affairs minister......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

India’s external affairs minister to visit Philippines

India’s Minister of External Affairs Subrahmanyam Jaishankar will undertake his second visit to the Philippines from March 25 to 27, the Department of Foreign Affairs said......»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

Further improvement in Philippines external position seen

The Bangko Sentral ng Pilipinas (BSP) sees a further improvement in the country’s external payments position this year due to a likely higher balance of payments (BOP) surplus and a narrower current account (CA) deficit......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

Diving tourism contributes 1.3 bln USD to Philippine economy in 2023

MANILA, Feb. 23 (Xinhua) -- Diving tourism contributed more than 73 billion pesos (1.3 billion U.S. dollars) to the Philippine economy in 2023, nearly twice the revenue the industry earned in 2022, the country's Department of Tourism said Friday. Diving tourism raked 37 billion pesos (661 million dollars) in revenue in 2022, Tourism Secretary Christina Garcia Frasco said at the Philippine International Dive Expo.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 24th, 2024

Diving tourism contributes 1.3 bln USD to Philippine economy in 2023

MANILA, Feb. 23 (Xinhua) -- Diving tourism contributed more than 73 billion pesos (1.3 billion U.S. dollars) to the Philippine economy in 2023, nearly twice the revenue the industry earned in 2022, the country's Department of Tourism said Friday. Diving tourism raked 37 billion pesos (661 million dollars) in revenue in 2022, Tourism Secretary Christina Garcia Frasco said at the Philippine International Dive Expo.....»»

Category: newsSource:  manilanewsRelated NewsFeb 24th, 2024

Philippines to grow at faster pace this year – PIDS

Despite global economic challenges, the Philippine economy is expected to expand at a faster pace this year than in 2023, according to state think tank Philippine Institute for Development Studies......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

Kita ng digital economy pumalo sa P2T

Lumampas sa P2 trilyon ang kita ng tinatawag na digital economy noong 2023. The post Kita ng digital economy pumalo sa P2T first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 30th, 2024

CV records ‘fastest growing economy’ among all regions in PH

CEBU CITY, Philippines — Central Visayas has bested the 17 regions in the country after being named the “fastest-growing” economy based on the 2023 data of the Philippine Statistics Authority (PSA). It also remained the fourth-largest contributor to the overall growth of the Philippine economy and the highest contributor outside Luzon, with a 6.6 percent.....»»

Category: newsSource:  inquirerRelated NewsApr 25th, 2024

Cebu Daily Newscast: CCLEX-Guadalupe ramp: P6B project set to boost Cebu’s economy

Listen to Cebu Daily Newscast to know the latest news in and outside Cebu. Here are the latest news as of Thursday, April 18. CCLEX-Guadalupe ramp: P6B project set to boost Cebu’s economy Cebuanos can anticipate a significant impact on Metro Cebu’s economy following a substantial investment increase by a unit of Metro Pacific Tollways.....»»

Category: newsSource:  inquirerRelated NewsApr 18th, 2024

Open ocean salmon farm a win for the economy

The final approval of New Zealand King Salmon's Blue Endeavour open ocean aquaculture project is a significant step for New Zealand's aquaculture, and a win for the economy, Oceans and Fisheries Minister Shane Jones says. "Blue Endeavour will be the first open ocean aquaculture salmon farm in New Zealand. It's going to provide more jobs for the Marlborough region and benefit our economy b.....»»

Category: sportsSource:  abscbnRelated NewsMar 1st, 2024

Race for global economic dominance sees striking turn of fortunes - ex-IMF official

The assumption that China will eventually overtake the US as the world's largest economy now seems less certain, Eswar Prasad has said The US has extended its lead over China in the race for the globe's largest economy, Bloomberg reported on Friday.    The American economy defied forecasts in outperfo.....»»

Category: newsSource:  philippinetimesRelated NewsJan 27th, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsJan 18th, 2024

The Daily Guardian: Unveiling Scenes from Israel and Gaza Amidst Escalating Strikes in Rafah

Title: Israel Targets Rafah Amid Growing Dissent Against Hamas in Gaza Introduction: The Israeli-Palestinian conflict continues to escalate, with recent developments highlighting the ongoing tension.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 13th, 2024

Measuring income inequality

In a recent report about the Philippine economy, the Philippine Institute for Development Studies. stated that the economy will grow at a faster pace this year. The emphasis of the report was on the projections for economic growth measured in terms of the Gross Domestic Product......»»

Category: newsSource:  philstarRelated NewsJan 27th, 2024

DTI, TikTok to boost local MSMEs, expand market reach to rural areas

The Department of Trade and Industry is aiming to bolster support for micro, small, and medium enterprises in the Philippines and expand their market reach to provincial areas through a partnership with TikTok, one of the largest social media and e-commerce platforms......»»

Category: newsSource:  philstarRelated NewsJun 7th, 2024

Manila Water spending P800 million to expand Mandaluyong sewers

Manila Water Co. Inc. of tycoon Enrique Razon is spending P800 million to expand its sewer services coverage in the East Zone that is expected to be completed by the fourth quarter of next year......»»

Category: newsSource:  philstarRelated NewsMay 31st, 2024

Razon to expand Manila Water’s reach

Ports and power tycoon Enrique Razon Jr. vowed to expand the operations of Manila Water Co. Inc., both locally and abroad, by capitalizing on the group’s infrastructure expertise......»»

Category: financeSource:  philstarRelated NewsMay 19th, 2024