Visitor arrivals expected to approach pre-pandemic levels in 2023

THE Philippine Travel Agencies Association (PTAA) is expecting international visitor arrivals in 2023 to approach pre-pandemic levels if no further global disruptions materialize. Michelle G. Taylan, chair of the PTAA 30th Travel Tour Expo 2023, told BusinessWorld on the sidelines of a briefing in Quezon City on Tuesday that the group projects international visitor arrivals of […]

Chiron Investigations Releases State-of-the-art Cryptocurrency Extraction Recovery Software

Dartford, UK, January 08, 2023 – (SEAPRWire) – Recently, Chiron Investigations has released their state-of-the-art cryptocurrency extraction recovery software. If someone has been the victim of cryptocurrency theft, they know firsthand the devastating financial and emotional toll it can take. As the leading website for recovering lost digital currency, Chiron has a range of new services to assist traders, investors, […]

Chiron Investigations Unveils Revolutionary Cryptocurrency Recovery System

Dart ford, UK, January 05, 2023 – (SEAPRWire) – Chiron Investigations is proud to announce the launch of their revolutionary cryptocurrency recovery system. If someone has been the victim of cryptocurrency theft, they know firsthand the devastating financial and emotional toll it can take. As the leading website for recovering lost digital currency, Chiron has a range of […]

Philippine economy at a glance: Looking back on 2022

The Philippine economy continued its recovery from the coronavirus pandemic this year, as evidenced by the improvement in economic indicators. However, elevated inflation and the Russia-Ukraine war may have dented the Philippines’ recovery momentum. The infographic shows the Philippines’ economic performance based on select indicators obtained from latest government data.

Exclusive: Geisler opens up on healing, hope, and hit movie ‘Doll House’

It is challenging to create a singularly exceptional story that stands out against the shelves of Philippine cinema, especially since family-centered themes are common in Filipino movies. However, despite utilizing a family-centered narrative, Netflix’s “Doll House” has managed to shine bright by weaving various themes that tugged on everyone’s heartstrings. It added a humane element […]

Sugar industry says yields increasing, mill downtime reduced

THE Philippine Sugar Millers Association (PSMA) said the modernization of milling operations is currently ongoing, adding that the sugar recovery rate has risen to more than 81% in the last three years, from 78% in the 1990s, while fewer mills are reporting unscheduled breakdowns. “Industry reports published by the Sugar Regulatory Administration show that sugar […]

BSP: Moody’s credit rating affirmation to support economic recovery

MOODY’S affirmation of the Philippines’ investment-grade credit rating of “Baa2” with a “stable” outlook will support the sustained recovery of the domestic economy, Bangko Sentral ng Pilipinas (BSP) Gov. Felipe Medalla said.In a statement on Saturday, Sept. 17, 2022, Medalla welcomed Moody’s recognition of the country’s well-capitalized banking system, which continues to provide the funding […]

Curbs on plastics output seen needed

By Alyssa Nicole O. Tan LEGISLATION that will hold plastics producers accountable for managing the life cycle of their products will make companies conscious of the possible legal fallout from acting irresponsibly, but curbs on imports and production may ultimately be needed, environmental advocates said. “If properly and fully implemented the law has significant potential […]

BSP: Green investments to spur economic recovery

GREEN investments are seen as crucial in the post-pandemic recovery, a top official of the central bank said.Citing data from World Bank’s International Finance Corp., Bangko Sentral ng Pilipinas (BSP) Gov. Benjamin Diokno, during the Asia-Pacific Environmental, Social and Governance (ESG) Investors Summit, noted that investments in the Philippines and in three other big emerging […]

Myanmar Government Prioritizes Economic Recovery as Pandemic Infections Decline Amid Return of National Stability Ahead of Preparations for Multi-Party National Elections

Nay Pyi Taw, Dec 7, 2021 – (ACN Newswire via – The Myanmar Government said today that it has largely restored national stability after recent civil unrest and is now focused on increasing vaccination rates to reduce COVID-19 infections and attracting local and foreign investments to jump-start economic growth and job creation. The Ministry […]

Myanmar Government to Re-Open Land Borders, Resume International Travel in Early 2022 After Achieving Vaccination Targets Amid Clear Signs of Economic Recovery

Nay Pyi Taw, Myanmar, Nov 16, 2021 – (ACN Newswire) – The Myanmar Government announced today it will reopen land border crossings with China and Thailand next month ahead of a planned resumption of international air travel by the end of the first quarter of 2022, as vaccination rates have improved significantly amid clear signs of economic recovery from […]

Gokongwei group sees recovery in consumer demand as restrictions ease

DIVERSIFIED conglomerate JG Summit Holdings Inc. (JGS) registered revenues of P50.4 billion for the third quarter of 2021, a nine percent growth year-on-year. The firm’s core net income for the first nine months of 2021, however, declined to P948 million, albeit still in positive territory. The topline growth was mainly driven by expanded capacity and […]

BSP vows to back economy with accommodative stance

The Philippine central bank will keep a supportive monetary policy amid a slower-than-anticipated economic recovery, its governor said on Friday.  “High-frequency indicators suggest that the economy is gradually recovering from the adverse effects of the pandemic, but it would appear that the recovery is slower than anticipated,” Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. […]