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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

Another bridge in Davao Oriental collapsed

A bridge in Caraga, Davao Oriental collapsed due to continuous heavy rains, following the impact of Tropical Depression Kabayan. This is the third main bridge damaged by extreme weather conditions since December 2023. The damaged bridges are still under construction. The collapse has caused isolation for some communities and led to landslides in Barangay Pichon, with at least 64 families sheltered in evacuation centers. The local government, alongside various agencies, is conducting an impact assessment to determine the damage to agriculture and infrastructure. Classes in public and private institutions are suspended until January 20. The community is rallying for strength and optimism amidst the challenges......»»

Category: newsSource:  inquirerRelated NewsJan 17th, 2024

Increasing demand for electric vehicles

The Department of Energy (DOE) in Mindanao has observed a growing demand for electric vehicles (EVs). Engr. Adrian Mel B. Delola, a Science Research Specialist II at DOE Mindanao Field Office, discussed this trend during the Kapehan sa Dabaw on January 15, 2024. He highlighted the impact of the Electric Vehicle Industry Development Act (Evida Law), implemented on April 15, 2022, which has contributed to the increasing interest in EVs. Delola acknowledged that the current cost of EVs is a concern but expressed optimism that as demand rises, the number of charging stations will increase and the cost of units will subsequently decrease. He also addressed the presence of hybrid models in key cities in Mindanao and the challenge of limited car dealerships facilitating their distribution. Additionally, Delola touched on the use of e-trikes, classified as light EVs under RA 11697, and the regulations regarding their weight and use on national highways. The DOE is working with various agencies to address issues related to the registration and use of e-trikes. Sellers are also advising consumers on the proper use of e-trikes for private purposes and cautioning against their use on national highways......»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024

Philippine economy growth may reach 6 pct to 7 pct in 2023: Marcos

MANILA, Jan. 11 (Xinhua) -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila......»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Xinhua world news summary at 1500 GMT, Jan. 11

MANILA -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila. (Philippines-Growth-.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Philippine economy growth may reach 6 pct to 7 pct in 2023: Marcos

MANILA, Jan. 11 (Xinhua) -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila......»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

Xinhua world news summary at 1500 GMT, Jan. 11

MANILA -- Philippine President Ferdinand Romualdez Marcos on Thursday night expressed optimism that his country can reach a gross domestic product (GDP) growth target of 6 percent to 7 percent for 2023. "The Philippines is touted to become one of the fastest-growing economies among major Asian countries in 2023," said Marcos during a traditional ceremony at the presidential palace in Manila. (Philippines-Growth-.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

BJMP-Davao inmates recover from heat illness

THE Bureau of Jail Management and Penology-Davao Region (BJMP-Davao) has confirmed that the 10 inmates previously reported sick due to the ongoing heat wave have now recovered......»»

Category: newsSource:  sunstarRelated NewsMay 15th, 2024

Hackers uncover method to reprogram NES Tetris from within the game

Players have discovered a groundbreaking glitch in classic NES Tetris that allows them to code new behaviors into the game, leading to a wave of.....»»

Category: newsSource:  thedailyguardianRelated NewsMay 7th, 2024

Aircon shopping amid heat wave: What you need to know

A director of an air conditioner brand explained the difference of non-inverter and inverter technology. .....»»

Category: newsSource:  philstarRelated NewsApr 30th, 2024

1968 redux

A wave of pro-Palestinian protests has been sweeping American college campuses, prompting academic administrators and political leaders to push back and invoke their powers – including calling in the police – to curtail the demonstrations......»»

Category: newsSource:  philstarRelated NewsApr 29th, 2024

ABS-CBN brings nostalgic shows to ALLTV

Filipinos can look forward to a wave of nostalgia starting May 13 as classic ABS-CBN entertainment shows under the Jeepney TV brand and the latest news updates from “TV Patrol” will be airing on ALLTV......»»

Category: entertainmentSource:  philstarRelated NewsApr 27th, 2024

DOLE monitoring ventilation in workplaces amid heat wave

With the high heat index being experienced this summer and aggravated by the El Niño phenomenon, the regional office of the Department of Labor and Employment (DOLE) is encouraging businesses to allow work-from-home arrangements......»»

Category: lifestyleSource:  abscbnRelated NewsApr 25th, 2024

Thousands of Taylor Swift fans hit by UK ticket scams: Lloyds

Thousands of fans of pop megastar Taylor Swift have been hit by a wave of concert ticket scams ahead of her tour in the UK later this year, a British bank said Wednesday......»»

Category: entertainmentSource:  philstarRelated NewsApr 17th, 2024

UK ticket scam: Taylor Swift fans, thousands of them, duped

Thousands of fans of pop megastar Taylor Swift have been hit by a wave of concert ticket scams ahead of her tour in the UK later this year, a British bank said Wednesday. At least 3,000 victims are likely to have been tricked into buying fake tickets since July, with over £1 million ($1.24 million) being lost to.....»»

Category: newsSource:  inquirerRelated NewsApr 17th, 2024

Amidst heat wave, officials ensure health of Davraa participants

DAVAO CITY, Philippines -The City Social Welfare and Development Office and the City Sports Development Division made efforts to ensure........»»

Category: CCCCCCSource:  inquirerRelated NewsApr 17th, 2024

Killua

News on the brutal killing of Killua, the Golden Retriever from Bato, Camarines Sur, has ignited a wave of public outcry, particularly among animal-loving Filipinos......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

PODCAST | Departure, return: The region as liminal space in 3 Filipino films

Minda Salida #13: Departure, return: The region as liminal space in 3 Filipino films The term regional cinema was coined, or became a wave in the landscape of Philippine cinema, with the inception of the Cinema Rehiyon, an annual exhibition and gathering of regional cinemas and filmmakers all over the Philippines, led by the National […].....»»

Category: sportsSource:  abscbnRelated NewsMar 26th, 2024

Earth Hour, 5 Reasons to Participate

On March 23, from 8:30 PM to 9:30 PM, everyone in the world is encouraged to turn off their lights and appliances. Dubbed Earth Hour, this global event started in Australia back in 2007 as a World Wildlife Fund (WWF) initiative. It might be easy to wave off Earth Hour as just 60 minutes of.....»»

Category: newsSource:  inquirerRelated NewsMar 21st, 2024

Singapore’s Vena Energy rides on RE wave in Philippines

Vena Energy said it is committed to supporting the government’s renewable energy goals......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024