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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:  manilanewsRelated NewsJan 26th, 2024

Cedric Lee sumuko, nasa kostodiya na ng NBI

HAWAK na ng National Bureau of Investigation (NBI) ang businessman na si Cedric Lee matapos boluntaryong sumuko. Ito ay kinumpirma mismo ng NBI director na si Manardo de Lemos nang tanungin ng INQUIRER.net sa isang viber message. “Yes, he is in custody,” sey ni de Lemos. Kusang sumuko si Cedric ilang oras matapos siyang hatulan.....»»

Category: newsSource:  inquirerRelated NewsMay 3rd, 2024

Walang ambisyon?

A discussion in a Viber group populated by many economists focused on the role of development in reducing poverty......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

How LGUs shoo away investors

While discussing how Charter change can attract investors, my Viber group colleagues wondered if problems with LGU corruption are a bigger turnoff to investors than Constitutional restrictions on foreign investments......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Fitch keeps credit rating of 5 Philippine banks

Fitch Ratings has affirmed the credit rating of five of the country’s biggest banks and kept its stable outlook, on the back of a likely robust economic growth over the next two years......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

May, not March

Last Wednesday, equities dropped as Federal Reserve (Fed) Chair Jerome Powell dashed investor hopes for a March rate cut. Last Friday, despite better-than-expected US nonfarm payrolls and robust wage growth which typically usher in higher interest rates, the Dow and the S&P 500 were not deterred from hitting new all-time highs......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 2024

Stock market update: S& P 500 reaches all-time high following strong jobs report and impressive tech earnings.

Stocks closed the week on a positive note as the U.S. job market showed robust growth and tech companies delivered impressive earnings. The S&P 500.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 3rd, 2024

Analysts paint rosier economic picture for 2024

The country’s strong economic growth is likely to be sustained this year on the back of rising exports and robust private consumption, according to the Department of Trade and Industry as well as private banks......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

BSP sees room for further rate hike

After discounting the possibility of a rate cut in the first half of the year, the Bangko Sentral ng Pilipinas (BSP) believes there is still room to raise interest rates amid the country’s robust economic growth......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

OSANiño Exhibit: A 40-year retrospection of devotion

Celebrating 40 years of canonical existence as a province of Sto. Niño de Cebu, the Order of Saint Augustin (OSA) exhibited sacred art pieces at SM Seaside City Cebu – Cube Wing Atrium. It features religious pieces that pay homage to the religious order’s infancy, growth, and the adoration the Holy Child has garnered over.....»»

Category: newsSource:  inquirerRelated NewsJan 12th, 2024

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 […].....»»

Category: newsSource:  metrocebuRelated NewsApr 24th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

News5 adds two more seasoned journalists to its roster

In the advent of paid troll farms, “black ops” and fake news being peddled and packaged in the guise of legitimate news article formats, the need for real journalists is more vital than ever......»»

Category: entertainmentSource:  philstarRelated NewsApr 19th, 2024

Margot Robbie to co-produce Monopoly movie

A "Monopoly" movie based on the popular board game is seeing further movement as it adds "Barbie" star Margot Robbie as a producer through her company LuckyChap Entertainment......»»

Category: entertainmentSource:  philstarRelated NewsApr 11th, 2024

Cebu Pacific adds 3 aircraft in Q1

Low-cost carrier Cebu Pacific has received another aircraft, its third for the year, leaving the airline with 14 more to accept for the rest of 2024 as it fortifies its fleet in the face of supply issues......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

Ralph Recto’s 4Ms: How to survive the Cabinet – and the role of media

Finance Secretary Ralph Recto gets wise advice on how to survive as a member of the Cabinet, and adds a piece of his own.....»»

Category: newsSource:  rapplerRelated NewsMar 24th, 2024

UST adds chapter to storied rivalry off shock thriller over La Salle

It’s never easy battling La Salle, yet UST finds a way to pull through in five heart-stopping sets to emerge as the surprise leader and only unbeaten team in the UAAP women’s volleyball tournament.....»»

Category: newsSource:  rapplerRelated NewsFeb 25th, 2024

Willis Towers Watson Philippines adds SAVii to its employee benefits program

Award-winning employer WTW Philippines and salary-linked financial services provider SAVii have partnered to further fortify WTW’s employee benefits program......»»

Category: newsSource:  philstarRelated NewsFeb 13th, 2024

Tesla App Adds Ultra Wideband Support for Enhanced Phone Keys – The Daily Guardian

Tesla Enhances Vehicle Security with New Software Update In a bid to further revolutionize the automotive industry, Tesla has recently announced a groundbreaking software update.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 9th, 2024

Sustainable Practices for Small Businesses

As news about how microplastics have been harming fish for years adds up to the environmental problems the world is now facing, there is now the need for businesses to have an urgent focus on sustainability to not do any more damage to the environment. Small businesses, often the backbone of local economies, have a […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 7th, 2024