EntertainmentNews (02/03/23)

1 of 3 YEO JIN GOO and Hong Huifang in Ajooma. —TBA STUDIOS REDIANCE BELLA RAMSEY and Pedro Pascal in The Last of Us. TBA Studios to distribute Korean drama Ajoomma THE lighthearted family drama Ajoomma will be released on March 15 by TBA Studios. Directed by Singaporean filmmaker He Shuming, the film is about […]

Philippine growth best since 1976

By Luisa Maria Jacinta C. Jocson, Reporter THE PHILIPPINES weathered record inflation and interest rate increases last year by posting the fastest economic growth since 1976 — one of the strongest in Asia amid a dreary global outlook. Economic output grew by 7.2% in the three months through December from a year earlier, according to […]

‘Hot money’ flows turn net positive in 2022

FOREIGN portolio investment funds entering the Philippines outweighed those exiting in 2022, the Bangko Sentral ng Pilipinas (BSP) said on Thursday, representing a turnaround from the net outflow posted in 2021. Foreign portfolio investments registered with the central bank through authorized agent banks (AABs) posted a net inflow balance of $886.7 million last year, against […]

Marcos claims PHL tagged as part of Asia’s ‘VIP Club’ in WEF

PRESIDENT Ferdinand R. Marcos, Jr. at the weekend touted that global business and political leaders have tagged the Philippines as part of a so-called “VIP Club” of Asia due to its economic performance, which the government hopes would translate to more foreign investments.  The Philippines’ participation in the World Economic Forum (WEF) in Davos, Switzerland […]

Philippines to stem ‘recessionary forces’

PRESIDENT Ferdinand R. Marcos, Jr. on Wednesday said the Philippines would resist global recessionary headwinds, but warned that increasing tensions in the South China Sea were harming trade. In a speech at the World Economic Forum’s (WEF) annual meeting in Davos, Switzerland, the president said he was bullish about the country’s economic prospects. “My belief […]