ABOUT three in every 10 persons in the Philippines aged at least five years old are lifetime migrants, according to the Philippine Statistics Authority (PSA). That’s a whopping 29.87 million or 30.6 percent of the 97.60 million household population aged five years and over in the year 2020, the PSA said in a report released […]
Tag: million
Aneka Jaringan Posts Revenue of RM53 Million in 1Q FY2023
KUALA LUMPUR, Jan 19, 2023 – (ACN Newswire via SEAPRWire.com) – Aneka Jaringan Holdings Berhad (Bursa: ANEKA, 0226), a basement and foundation construction specialist, today announced that the Group recorded a 26.92% gain in revenue to RM52.85 million for the first quarter ended 30 November 2022 (1Q FYE2023) compared with RM41.64 million in the corresponding […]
8 airports have funding in 2023 budget — DBM
THIS YEAR’s budget has guaranteed funds for eight airports in the country, including a new one in Zamboanga City that will replace the existing facility, the Department of Budget and Management (DBM) announced on Thursday. “This budgetary allocation seeks to support the construction, rehabilitation, and improvement of the country’s transportation infrastructure, particularly in the aviation […]
Internal migrants estimated at over 30% of PHL population
SOME 30.6% of the Philippine population consists of internal migrants, defined as those currently living in jurisdictions where they were not born, the Philippine Statistics Authority (PSA) said. According to the PSA’s 2020 Census of Population and Housing, the category, which the PSA calls “lifetime migrants,” numbered 29.87 million. Of the so-called lifetime migrants, 21.48 […]
BI: Arrivals in PH up 337%
THINGS are slowly improving on the travel front after the Bureau of Immigration (BI) announced that arrivals in the year 2022 had more than quadrupled from the very low 2021 level. In a statement, BI Commissioner Norman Tansingco said immigration officers processed 6,125,841 arrivals in 2022. This is up 337 percent from the 1.4 million […]
November jobless rate falls to lowest since 2005
The Philippines’ unemployment rate dropped to its lowest level in over 17 years in November, as firms hired more workers ahead of the holiday season. Preliminary data from the Philippine Statistics Authority’s Labor Force Survey (LFS) released on Friday showed the unemployment rate further eased to 4.2% in November. This was lower than the 4.5% […]
With few entry tests, Southeast Asia may gain most from China’s travel revival
SINGAPORE – Southeast Asia’s tourist economies are set to be leading beneficiaries of China’s scrapping of travel bans as they have steered clear of the COVID-19 tests before entry that Europe, Japan and the United States have imposed on Chinese visitors. Even as the virus tears through its 1.4 billion people, the world’s second largest economy is opening its borders from Sunday, a move that promises to unleash a […]
Seeing Abu Dhabi’s Louvre up close
One cannot help but be curious about the Louvre in Abu Dhabi when you know that 400 million euros was paid to the French government, primarily for the use of the name for 30 years, in an agreement signed in 2007. Last year, a 10-year extension was obtained for an additional cost of 165 million […]
Foreign tourists in PH reach 2.65M in 2022
INTERNATIONAL tourist arrivals in the Philippines soared to 2.65 million in 2022, breaching the 1.7 million target, the Department of Tourism (DOT) announced Tuesday. The visitor count as of Dec. 31, 2022 translates to P208.96 billion or US$3.68 billion in tourism revenue, a 2,465.75 percent increase from the same period last year. The holiday season […]
Philippine international arrivals hit 2.65M in 2022
THE Department of Tourism (DoT) said the Philippines logged 2.65 million international arrivals in 2022, beating the 1.7 million target and raising hopes for the arrivals goal to be met in 2023. In a statement on Monday, the DoT said that of the 2.65 million international arrivals in 2022, 2.02 million were foreigners while 628,445 […]
BSP reports $489M capital inflows in Nov
FOREIGN investment transactions registered with the Bangko Sentral ng Pilipinas (BSP) through banks in November 2022 recorded net inflows of $489 million or more than five times larger compared to the $83 million net inflows recorded a year ago. The gain resulted from the $1.1 billion gross inflows and $566 million gross outflows for the […]
Carcar treasurer: Councilor did not get P22M check
CARCAR City treasurer Nenet Abellana has defended City Councilor Harold Nacua from accusations allegedly made by Association of Barangay Councils president Anthony John Apura that he got a P22 million check intended for a contractor from the treasurer’s office. The issue stems from the release of an audio recording allegedly of Carcar Mayor Patrick Barcenas […]
Digital national ID issuances hit 10 million, behind target
THE Philippine Statistics Authority (PSA) announced on Wednesday that issuances of the digital version of the national ID, known as the ePhilID, have topped 10 million, about half of the target for the year. The PSA said in a statement that the number of ePhilIDs that have been claimed at Philippine Identification System (PhilSys) registration centers […]
SNS Network Technology Posts 35.5% Rise in PAT to RM11.94 Million
IPOH, Malaysia, Dec 13, 2022 – (ACN Newswire via SEAPRWire.com) – SNS Network Technology Berhad, an ICT system and solutions provider, today reported a 35.5% rise in profit after tax (PAT) to RM11.94 million for the third quarter ended 31 October 2022 (3Q FY2023) compared with PAT of RM8.81 million in the immediately preceding quarter […]
Jobless rate in PH slowed down to 4.5% in October
THE country’s unemployment rate dropped to 4.5 percent in October 2022 from 7.4 percent in the same period last year. This translates to 2.24 million jobless Filipinos in October, the Philippine Statistics Authority said Wednesday, Dec. 7, 2022. Employment rate, on the other hand, increased to 95.5 percent, the highest record since the start of […]
OCTA: COVID positivity rate rose a bit in Philippine capital region
By Kyle Aristophere T. Atienza, Reporter THE CORONAVIRUS disease 2019 (COVID-19) seven-day positivity rate in the Philippine capital region has increased slightly, according to a pandemic monitoring group. The National Capital Region (NCR) posted a positivity rate of 12.4% for Nov. 27 to Dec. 3, up from 11.1% a week earlier, the OCTA Research Group […]
44M doses of Covid-19 vax expired, damaged
FORTY-FOUR million doses of coronavirus disease (Covid-19) vaccines in the country are now considered wastage, based on the latest numbers from the Department of Health (DOH). A special audit of the country’s Covid-19 vaccination program has been set and the DOH committed to cooperate. In a press conference, Health Undersecretary Maria Rosario Vergeire said the […]
SCIB Posts 14.5% Increase in Revenue to RM30.3 Million in 1Q FY2023
KUCHING, MALAYSIA, Nov 30, 2022 – (ACN Newswire via SEAPRWire.com) – Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) today announced that the Company registered a 14.5% increase in revenue to RM30.3 million for the first quarter ended 30 September 2022 (1Q FY2023) compared with RM26.5 million in the corresponding quarter of the previous financial […]
Yew Lee Posts RM6.1 Million Revenue in 3Q
KUALA LUMPUR, Nov 30, 2022 – (ACN Newswire via SEAPRWire.com) – Yew Lee Pacific Group Berhad, a manufacturer of industrial brushes as well as trading of industrial hardware and machinery parts, today announced that the Group recorded revenue of RM6.10 million for the third quarter ended 30 September 2022 (3Q FY2022). Managing Director of Yew […]
DBM releases P5.2 billion for cash transfer program
THE Department of Budget and Management (DBM) said on Tuesday that it released P5.2 billion to fund cash transfers for 9.8 million beneficiaries. “The DBM fully supports the projects and programs that provide social assistance to our fellow Filipinos,” Budget Secretary Amenah F. Pangandaman said in a statement. The funds cover one month worth of […]