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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.....»»
CNN Philippines shutting down as losses exceed P5B
MANILA —CNN Philippines is going off the air nearly nine years after debuting into the local broadcasting industry as its local franchise holder decided to pull the plug after accumulating financial losses exceeding P5 billion. The shutdown of the television network —which will affect about 300 employees — will be formally announced on Monday, an.....»»
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......»»
Japan recession: Scaled back spending helps push economy to where it is now
TOKYO — To grasp the dynamics that bumped Japan into recession and off its perch as the world’s third largest economy on Thursday, look no further than Risa Shinkawa’s dining habits. Unlike unionised workers at big manufacturers such as Toyota Motor, the 32-year-old aesthetician isn’t expecting a pay rise anytime soon. Rather, her salary has.....»»
Japan unexpectedly slips into recession, Germany now world’s third biggest economy
Frail consumption and capital spending point to a challenging outlook for Japan’s economy.....»»
War games risk stirring up troubled waters as Philippines - emboldened by US - squares up to Beijing at sea
War games risk stirring up troubled waters as Philippines - emboldened by US - squares up to Beijing at sea.....»»
US, allies plan show of force in South China Sea
Japan, Australia, and the Philippines have joined with Washington for a joint military drill in waters claimed by Beijing The US and three of its allies have announced a joint military exercise in disputed waters of the South China Sea, potentially ratcheting up tensions with Beijing as they seek to demonstrate their.....»»
BFAR: No red tide in Central Luzon waters
BFAR: No red tide in Central Luzon waters.....»»
EXPERIENCE NEGROS | Sipalay City showcases ‘beauty of open waters’ in int’l swim fest
EXPERIENCE NEGROS | Sipalay City showcases ‘beauty of open waters’ in int’l swim fest.....»»
Navigating the Turbulent Waters of Modern Media
Navigating the Turbulent Waters of Modern Media.....»»
7 missing passengers rescued after boat capsizes off Palawan waters
The Philippine Coast Guard (PCG) has rescued seven individuals last Friday after their motorbanca capsized in the vicinity waters off Isla Verde, Roxas, Palawan......»»
IN PHOTOS: The beauty that is Bantayan Island
SANTA FE, CEBU, Philippines – Nestled like a hidden gem in the crystal clear waters of the Tañon Strait and the Visayan Sea, Bantayan Island stands as an enchanting reminder of the natural beauty of the Cebu Province. Renowned for its pristine white sand beaches, crystal-clear waters, and vibrant local culture, Bantayan Island is a.....»»
Change: 5 reasons why we should not fear it, embrace the shift
CEBU CITY, Philippines— Change is the only constant thing in the world. Change can sometimes be a menace or it can sometimes be a blessing. Just a mere mention of this word sends shivers down our spine with the thought of uncertainty or the chaos that comes from our doubting thoughts. Change isn’t scary like.....»»
Daniel Padilla sends birthday greeting to ex-flame Kathryn Bernardo
Kapamilya star Daniel Padilla greeted his ex-girlfriend Kathryn Bernardo on her birthday......»»
Marcial sends Thai foe to dreamland
Eumir Marcial knocked the lights out of Thai opponent Thoedsak Sinam at the 1:33 mark of the fourth round of their super middleweight bout Saturday night at the Ninoy Aquino Stadium in Manila......»»
Mathematics tour recap: Ed Sheeran sends ‘shivers’ rippling through Manila
In his two-and-a-half hour concert brought by Ovation Productions, Sheeran thrilled the audience with chart-topping tunes from his math-themed albums "+", "×", "÷", "-", and "=", including collab tracks, spanning genres including rock, hip-hop, pop and ballads......»»
PCG sends vessel to Philippine Rise
Amid reports that two Chinese research ships were spotted in the Philippine Rise, the Philippine Coast Guard yesterday deployed one of its biggest vessels, the BRP Gabriela Silang, to conduct a maritime domain awareness patrol in the area......»»
PCG sends vessel to Philippine Rise after reports of Chinese vessels loitering
"We will also check the reported Chinese research vessels in Benham Rise.".....»»
Davao City sends off psychosocial teams to Maco
DAVAO City, through the City Social Welfare and Development Office (CSWDO), sent 14 social workers, psychologists, and professionals to augment the psychosocial support and psychological first aid for disaster-hit families in Maco, Davao de Oro on Monday, Febuary 19......»»
Au pairs grieving in a foreign family’s home
Indonesian au pairs in Europe face exploitative conditions, including low wages, long hours, and maltreatment. The Philippines is also the country that sends the most number of au pairs to the Netherlands......»»