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  • PHL economy likely grew more than 6% in Q2 — Finance chief

    THE PHILIPPINE ECONOMY likely grew faster in the second quarter amid better state spending and increased household consumption, the Department of Finance (DoF) said. “If you’re talking about growth rate for the second quarter, I think we’re pretty optimistic. It will be higher than the first (quarter),” Finance Secretary Ralph…

  • There is more to Korea than Seoul and Busan

    There is more to Korea than Seoul and Busan

    The varied pleasures of Daejeon and Sejong By Chelsea Visto THE CHANCE to embrace the simple charm of a quiet city attracts travelers as much as the opportunity to be immersed in the complex and often chaotic life of a busy center. It is the same for most destinations —…

  • BSP needs to keep policy ‘tighter than before’ — HSBC

    THE BANGKO SENTRAL NG Pilipinas (BSP) may need to keep rates higher for longer or even hike rates further to cool inflation, HSBC said. This as it sees private consumption staying strong and spending patterns shifting as the Philippines inches closer to becoming an upper middle-income economy. In a report,…

  • Web attacks on PHL companies more than triple

    ONLINE attacks targeting Philippine companies more than tripled last year from 2022, Kaspersky said on Monday, highlighting the urgency of boosting cyber defenses against web threats that can reverse the benefits of digitalization. In a statement, the global cybersecurity company said the number of web threats on local companies jumped…

  • Philippines’ January external debt service more than doubles

    THE PHILIPPINES’ external debt payments more than doubled in January as principal payments surged, central bank data showed. Preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed that the country’s external debt service burden soared by 110% to $1.729 billion from $823 million a year ago. The debt service…

  • Solar Energy Accounts For More Than 18% Of India’s Total Installed Power Capacity, Overall Renewable Energy Exceeds 32% By March 2024

    India’s dedication to renewable energy aligns seamlessly with its national goals and international commitments to combat climate change. Despite coal’s dominance, renewable sources, including solar, wind, and hydro, collectively contribute […] The post Solar Energy Accounts For More Than 18% Of India’s Total Installed Power Capacity, Overall Renewable Energy Exceeds…