THE new Bureau of Customs (BoC) commissioner said digitizing the bureau’s process is his main priority, with the aim of making governance more data-driven. “I aspire to foster a healthier trade environment, which will contribute to the expansion and economic recovery, by equipping the Bureau of Customs with better and modernized mechanisms for trade facilitation, […]
Tag: target
PHL growth seen to fall short of target this year
THE PHILIPPINE economy’s growth may fall short of the government target this year, as interest rates may continue to rise amid sticky inflation. In a note dated Feb. 8, ING Bank N.V. Manila Senior Economist Nicholas Antonio T. Mapa said the bank expects the country’s gross domestic product (GDP) to grow by 5% this year, […]
P29B needed for total electrification target
A P29-billion budget is needed to deliver electricity in all households nationwide in the next five years, the National Electrification Administration (NEA) said on Thursday. NEA Administrator Antonio Mariano C. Almeda said in a media briefing that to date, 600,000 households in the main grid are still without power supply and another 23,000 households in […]
BoC exceeds January collection target
THE Bureau of Customs (BoC) said it surpassed its collection target for January with revenue of P65.801 billion in the Jan. 1-27 period. Collections had exceeded the target by 11% four days before the end of the month, it said in a statement. The total was also 13.2% higher than the year-earlier collection. For 2023, […]
Converge hits target of 2M fiber ports, continues expansion
BROADBAND provider Converge ICT Solutions Inc. has hit its two million fiber port rollout target for 2022, indicating high availability of its service to meet the country’s increasing demand for high-speed connectivity. As of Dec. 31, 2022, Converge has already deployed more than two million fiber ports in Luzon, Visayas and Mindanao, further cementing its […]
Analysts’ Q4 and full-year 2022 GDP growth estimates
THE PHILIPPINE ECONOMY may have slowed in the fourth quarter of 2022, but still likely hit the upper end of the government’s full-year growth target, according to analysts. Read the full story.
HSBC Maintains Sirnaomics (2257.HK) at Buy Rating with Target Price of HKD90.00; 61% Upside
EQS Newswire / 16/01/2023 / 17:53 UTC+8 HSBC initiates coverage of Sirnaomics, lowers the target price to HKD90.00 (from HKD118.00) as HKSC raises its discount rate to 9% from 7% for clinical-stage biotechs, considering they are riskier than biopharmas under the current financing environment and as their commercialisation capabilities have not yet been validated. […]
Customs exceeds 2022 collection target
THE Bureau of Customs (BoC) said on Tuesday that it has surpassed its 2022 revenue collection target, based on preliminary estimates. As of Nov. 11, the bureau collected a record P745.5 billion, exceeding its 2022 target by 3.32%. All 17 collection districts hit their respective collection targets, the bureau said. The BoC exceeded its target […]
Customs exceeds Oct. target
THE BUREAU of Customs (BoC) said Wednesday that it exceeded its collection target for a tenth straight month in October. In a statement, the BoC reported collections of P75.5 billion in October, exceeding its target for the month by 18.6%. Year on year, October collections were up 35%. In the 10 months to October, collections […]
Customs exceeds August collection target by 34.1%
THE Bureau of Customs (BoC) said on Sunday that it exceeded its August collection target by 34.1%, which it credited to the digitalizing and streamlining of its processes, and as imports rose following the reopening of the economy. In a statement, the BoC said August collections hit P78.902 billion, exceeding the target of P58.849 billion. This […]
Customs exceeds August collection goal by 2.8%
THE Bureau of Customs (BoC) on Thursday said it exceeded its August collection target by 2.8% even before the month’s end. Customs Commissioner Yogi Filemon L. Ruiz said revenues have reached P60.524 billion, surpassing the P58.849-billion target for August by P1.675 billion. This comes after a record single-month collection of P84.43 billion in July, which […]
Commerzbank sees growth ‘clouds’ after Q2 income beats expectations
FRANKFURT — Germany’s Commerzbank swung on Wednesday to a bigger-than-expected second-quarter net profit, helped by higher interest rates and commission income, and confirmed it was on track to meet its profit target despite “clouds” on the horizon. The return to profit at Germany’s No. 2 bank is a victory for chief executive officer Manfred Knof, […]
EQS-News: CICC Initiates Sirnaomics (2257.HK) at Outperform Rating with Target Price of HKD106.00
EQS-News / 04/07/2022 / 17:56 UTC+8 CICC Initiates Sirnaomics (2257.HK) at Outperform Rating with Target Price of HKD106.00 China International Capital Corporation (CICC) initiates coverage of Sirnaomics at “Outperform” rating, with a target price of HKD106.00. CICC said, Sirnaomics is an RNA therapeutics pioneer in China. RNA therapeutics is a rapidly growing field with potential […]
‘Retail apocalypse’: Wall Street shaken by inflation-induced earnings hits
NEW YORK — Walmart, Target, and Kohl’s were among major retailers that reported earnings this week that missed Wall Street expectations by the widest margin in at least five years, underscoring the wallop four-decade-high inflation is bringing to US shoppers’ wallets and retailers’ bottom lines. Among 145 retailers that have reported first-quarter earnings so far, […]
Cabaero: Safety at the polls
Voters will have two questions to consider when they go to their precincts on May 9, 2022. Who to vote for? Is it safe to go out with thousands of voters with the coronavirus disease (Covid-19) is still around?The answer to the first question depends on the voter. It is a candidate-selection process that is […]
75k Pfizer doses to arrive in Cebu
ANOTHER batch of 75,000 doses of Pfizer vaccines intended for children ages five to 11 years old is expected to arrive in Central Visayas on Friday, March 4, 2022.Dr. Mary Jean Loreche, chief pathologist of the Department of Health Central Visayas (DOH 7) and spokesperson of the Visayas Vaccination Operations Center (VVOC), assured the arrival […]
4th National Vax Days in Cebu set In March
THE Department of Health Central Visayas (DOH 7) will initiate a fourth round of the National Vaccination Days (NVD) against coronavirus disease (Covid-19) in March this year.Dr. Mary Jean Loreche, DOH 7 chief pathologist and spokesperson for the Visayas Vaccination Operations Center (VVOC), said they will use the fourth round of the NVD to improve […]
Cebu City surpasses NVD3 vax target; CV lags
CEBU City has surpassed the target individuals to vaccinate amid the extended third round of the National Vaccination Days (NVD) with a turnout of 56,314 vaccinated individuals.Dr….
Very Important to Determine Their Target Audience Before Publishing Their Press Release
Hong Kong – Some people may not understand how important it is to determine the target audience before publishing a press release. There is a lot to prepare for when writing a news release, (like who to quote from their company, all the points to cover, who the contact will be, collateral to be included), […]
DoF confident 2021 GDP goal ‘doable’ with 7% fourth quarter
THE Department of Finance (DoF) said it is confident that the economy’s performance in the fourth quarter will be sufficient to help achieve the government’s growth target for 2021. DoF Chief Economist Gil S. Beltran said the 7% fourth-quarter growth needed to hit the revised 5%-5.5% full-year gross domestic product (GDP) target is “doable” and “within […]