Tag: bworldonline
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Economic growth likely faster in Q1
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PHILIPPINE economic growth likely picked up in the first quarter from the prior three-month period amid strong private consumption and government spending, but elevated inflation and interest rates could have hampered expansion, analysts said.
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Government’s debt service bill balloons in March
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THE NATIONAL Government’s (NG) debt service bill nearly quadrupled in March amid a surge in amortization payments, data from the Bureau of the Treasury (BTr) showed. BTr data showed that debt payments surged by 275.3% to P533.523 billion in March from P142.171 billion in the same period a year ago.…
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Further BSP rate hikes unlikely even if inflation exceeds target anew
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FURTHER TIGHTENING by the Bangko Sentral ng Pilipinas (BSP) is unlikely unless inflation expectations take a turn for the worse, analysts said.
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MVRK Simulations, ROC.PH win DTI’s IDEA and ADVanCE for Creatives Programs
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The Department of Trade and Industry, through the Competitiveness and Innovation Group (DTI-CIG), in collaboration with startup accelerator Launchgarage, celebrated the innovation and drive of local creative startups as they awarded the winners of its Incubation, Development and Entrepreneurial Assistance (IDEA), and Accelerating Development, Valuation and Corporate Entrepreneurship (ADVanCE) for…
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SEC to release cryptocurrency guidelines by second half
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THE Securities and Exchange Commission (SEC) said it plans to release the regulatory framework for cryptocurrency assets and trading by the latter part of the year. “We have to come up with (a framework); we will issue it by the second half of this year,” SEC Chairperson Emilio B. Aquino told reporters last…
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Aircraft maintenance demand seen growing in PHL
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KUALA LUMPUR — Business jet maker Dassault Aviation said it sees increased demand for aircraft maintenance services in the Philippines due to strong growth in the business jet market.
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Digital Telecommunications Phils. to hold Annual Meeting of Stockholders on May 27 via MS Teams
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How DonBelle, BINI, and Adie are making this summer a season of awesome
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Phenomenal love team Donny Pangilingan and Belle Mariano, the nation’s girl group BINI, and singer-songwriter Adie are Gen Zs at the top of their game. It’s no surprise that they all said “yes” to Samsung to be its brand ambassadors as they enjoy back-to-back milestones this summer with the newly…
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Greenpeace calls on the government to mitigate the impacts of the climate crisis
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A global environmental organization called on the Philippine government to provide solutions that could lessen the impact of El Niño and La Niña. “We call on our government to ensure measures that will mitigate the impacts of El Niño on our water supply, food production, and power generation,” Greenpeace Philippines…
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Smart drives increase in 5G data traffic powered by the Philippines’ Best 5G Coverage Experience
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As 5G is fast becoming the connectivity of choice among mobile subscribers in the country, leading integrated telco network PLDT Inc (PLDT)’s wireless subsidiary Smart Communications, Inc (Smart) saw a sustained increase in average monthly 5G data traffic in 2023, bolstered by its award-winning 5G mobile network. In 2023, average…