MANILA: The Philippines exceeded its Gross National Income (GNI) per capita target for 2023 under the Philippine Development Plan (PDP) 2023-2028 and is on track to becoming an upper middle-income country in the next two years, National Economic and D…
Day: July 4, 2024
Romualdez: Lab for All project makes healthcare accessible to poor
MANILA: Speaker Martin Romualdez on Thursday lauded First Lady Louise “Liza” Araneta-Marcos’ “Lab for All” project for making healthcare more accessible to the poor, especially those in the provinces.
During the launch of the “Lab for All” caravan in…
Banks’ non-performing loan ratio up in May
MANILA: The Bangko Sentral ng Pilipinas (BSP) said the proportion of non-performing loans (NPLs) of Philippine banks to their total loans settled at 3.57 percent in May this year.
Data released by the BSP late Wednesday showed that the NPL ratio duri…
PBBM vows improved Samar highway in 2025
TACLOBAN CITY: President Ferdinand R. Marcos Jr. on Friday assured the immediate repair of damaged sections of the primary highway in Samar province with the allocation of PHP1.4 billion this year.
Speaking to officials and residents of Samar Island …
Cops seize almost P6-M shabu in Bacolod sting operations
BACOLOD CITY: Police drug enforcement teams seized PHP5.94 million in shabu in various buy-bust operations across Bacolod City Wednesday and Thursday, reports showed.
In Barangay Singcang-Airport Wednesday night, operatives of Bacolod City Police Off…
PSEi back to 6,500-level, peso strong
MANILA: The local bourse continued to strengthen, returning to the 6,500 level, while the Philippine peso also gained against the US dollar on Thursday.
The Philippine Stock Exchange index (PSEi) gained 0.89 percent closing at 6,507.49, with All Shar…
3 kids die, 2 others hurt in Iloilo fire
ILOILO CITY: Three children died while their two siblings were hurt after a fire razed their house Wednesday night in a remote barangay of Maasin, Iloilo.
Maasin Fire Station arson investigator FO2 Remigio Peloquero Jr. said Arnel and Michelle Decir …
FedEx to ramp up size in PH with fresh investments
MANILA: US logistics company Federal Express Corp. (FedEx) confirmed its expansion in the Philippines by signing an agreement with Clark International Airport operator Luzon International Premiere Airport Development (LIPAD) on Thursday.
With the fre…
Cebu LGUs to create own local social welfare centers
CEBU CITY: The provincial government will allocate PHP3 million to each of the 50 local government units (LGUs) in Cebu to establish their respective social welfare and development centers.
Governor Gwendolyn Garcia said the centers, to be manned by …