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The Department of Public Works and Highways (DPWH) and Department of Social Welfare and Development (DSWD) are among the most improved agencies in terms capital spending, a socioeconomic planning official said on Tuesday.
The Netherlands is top of the class when it comes to comparing pension systems around the world, according to the Mercer CFA Institute's global pensions report.
The administration of President Ferdinand R. Marcos Jr. will prioritize the safety and well-being of overseas Filipino workers (OFWs) as well as conserving energy in case the Israel-Hamas war escalates, National Economic and Development Authority (NEDA) Undersecretary Rosemarie Edillon said on Tuesday.
President Ferdinand R. Marcos Jr. directed on Tuesday the Department of Agriculture (DA) to intensify support to provinces less affected by the El Niño phenomenon to increase food production as the administration vowed continued assistance to the most vulnerable sectors even as inflation eased in October.
HONG KONG, China — Asian markets turned negative Tuesday after their latest rally as high hopes the US Federal Reserve has finished hiking rates gave way to profit-taking.
MANILA, Philippines — Kung paniniwalaan ang Philippine Statistics Authority (PSA), bumagal sa 4.9% ang inflation rate nitong Oktubre 2023 dahil diumano sa pagbagal ng pagtaas ng presyo ng pagkain at hindi nakalalasing na inumin.
Overall inflation in the Philippines dropped to 4.9 percent in October 2023 from 6.1 percent in the previous month, lower than the Bangko Sentral ng Pilipinas (BSP)’s forecast of 5.1 to 5.9 percent.
DigiPlus [PLUS 6.90, up 1.6%] [link] teased its Q3 Quarterly Report by revealing that its Q3 net income was P1.0 billion (+132% y/y), and its 9M net income was P2.1 billion (+1066% y/y). PLUS recognized P16 billion in 9M revenues (+190% y/y), driven by higher user traffic for its BingoPlus and ArenaPlus platforms, and “aggressive advertising and promotion efforts”. PLUS was previously known as Leisure and Resorts World Corporation before it changed its name last quarter to reflect the shift in focus from in-person gaming to digital gaming and betting.