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 […]
Tag: total
Fisheries output rises 2.2% in 2022
FISHERIES output rose 2.2% led by the marine municipal fisheries and aquaculture segments, the Philippine Statistics Authority (PSA) said. In its fisheries situation report, the PSA said production volume in 2022 was 4.34 million metric tons (MMT), up from 4.25 MMT a year earlier. “Increases in production were noted in marine municipal fisheries and aquaculture, […]
PSA: Exports up 13.2%, imports down 1.9% in November
THE country’s total external trade in goods in November 2022 amounted to US$17.88 billion, up 3.6 percent in the same period of 2021, the Philippine Statistics Authority said Tuesday, Jan. 10, 2023. Of the total external trade for the month, 60.3 percent were imported goods, while the rest were exported goods. Export sales in November […]
GALA Sports sets sail to the world with its IPO and its latest mobile simulation game Total Football
EQS Newswire / 04/01/2023 / 16:15 UTC+8 GALA Sports sets sail to the world with its IPO and its latest mobile simulation game Total Football GALA Sports has announced its initial public offering on the Stock Exchange of Hong Kong, with a global offering period from 30 December 2022 to 6 January 2023, becoming […]
DTI: Business name registration reaches all-time high in 2022
THE Department of Trade and Industry (DTI) reported that a total of 932,097 business names (BNs) were registered this year, surpassing the highest record reported in 2020. “The rising number of sole proprietors registering their business names is indeed a positive sign that the Filipino entrepreneurial spirit is alive and recovering from the pandemic. We […]
Sari-Sari stores dominate new business-name registrations in 2022
THE DEPARTMENT of Trade and Industry (DTI) said Wednesday that it registered 827,491 new business names this year, accounting for 88.8% of new registrations. “The business activity of most of the BN (business name) registrations, based on the Philippine Standard Industrial Classification, is retail selling in sari-sari stores with 180,406 processed applications,” the DTI said […]
Coronavirus pandemic blamed for closure of over 5K businesses in CV
A TOTAL of 5,607 business establishments closed in Central Visayas in 2020. This translates to a drop of 21.3 percent from 26,333 businesses in 2019 to 20,726 in 2020, according to the preliminary results of the 2020 Annual Survey of Philippine Business and Industry (ASPBI) of the Philippine Statistics Authority (PSA) 7. PSA 7 Director […]
GALA Sports’ Total Football takes mobile game entertainment to the next level to maximize the fun of World Cup Qatar 2022
EQS Newswire / 05/12/2022 / 17:27 UTC+8 GALA Sports’ Total Football takes mobile game entertainment to the next level to maximize the fun of World Cup Qatar 2022 Total Football, a genuine football simulation game for smartphones, launched just before the start of the World Cup 2022 to ride the momentum Innovative breakthroughs in AI, […]
Farmers, fisherfolk oppose EO 171 extension
FIFTEEN farmers and fisherfolk organizations released a joint statement Wednesday, Nov. 30, 2022, expressing their opposition to the extension of Executive Order (EO) 171, saying the reduced import tariff did not benefit consumers. The group instead wants the Marcos administration to protect local agriculture, through various programs and interventions to ensure food security. EO 171 […]
Foreign investments approved in 3rd quarter reached P13.05B
TOTAL foreign investments (FI) approved in the third quarter of 2022 has amounted to P13.05 billion, down by 24 percent from P16.82 billion reported in the same quarter in 2021. These investments were pledges from four Investment Promotion Agencies (IPAs), namely: Board of Investments, Clark Development Corp., Philippine Economic Zone Authority and Subic Bay Metropolitan […]
EC Healthcare Announces FY2022/23 Interim Results, Revenue Increased 31.1% YoY Mainly Driven by Medical Services
HONG KONG, Nov 24, 2022 – (ACN Newswire via SEAPRWire.com) – EC Healthcare (the “Company”, which together with its subsidiaries is referred to as the “Group”, SEHK stock code: 2138), the largest non-hospital medical group in Hong Kong, announces today its unaudited interim results for the six months ended 30 September 2022 (the “Period”). Business […]
Trade deficit balloons to $29.8B in first half
The Philippines’ balance of trade deficit in the first half widened slightly more than initially reported due to higher import bill, latest data from the Philippine Statistics Authority (PSA) showed. The trade deficit stood at $29.819 billion in the first semester, slightly higher than the $29.793 billion the agency reported previously. This deficit was also […]
POGOs’ exit seen to bring 650,000 sq.m. of office space
THE exit of Philippine offshore gaming operators (POGOs) will contribute 650,000 square meters (sq.m.) of vacant office space but can be offset by transaction activity and demand take up, Colliers Philippines said. “We need to move on from POGOs for the office sector. I think half of them have already left the country. The current […]
July trade deficit widens to record $5.9 billion
The demand for locally made products contracted for the first time in over a year in July while imports eased, bringing the trade deficit widening to another record, the Philippine Statistics Authority (PSA) reported on Friday. Preliminary data from the agency showed the value of outbound shipment of goods amounted to $6.212 billion in July, […]
Jan.-April births, deaths fall
The number of registered births, deaths, and marriages fell in the first four months of the year versus the same period in 2021, preliminary data from the Philippine Statistics Authority (PSA) showed. Preliminary vital statistics data from the PSA said births registered in the January to April period this year fell 34.7% to 250,866 from […]
Jobs rise, unions dip in 2020 — PSA
Employment in enterprises employing at least 20 workers rose as of June 2020, while unionized establishments decreased, the Philippine Statistics Authority reported on Friday. Data from the 2019/2020 Integrated Survey on Labor and Employment (ISLE) released on Friday showed total jobs went up by 4.8% to 5.322 million in establishments with 20 or more employees […]
Pilmico celebrates 24 years of providing total solutions for animal nutrition
IN its 24th year, Pilmico Animal Nutrition Corporation (Pilmico) looks back on its beginnings as a hog-raising business and how it has transformed into a total solutions provider for farmers.Pilmico started its first commercial swine farm in 1998 with 1,500 pigs flown from the United States. As business grew, Pilmico ventured into other areas in […]
PH total debt slightly declines to P12.50 trillion in May
THE Philippine government’s total outstanding debt settled at P12.50 trillion as of the end of May, 2.1 percent lower compared to the previous month, the Bureau of Treasury (BTr) reported Friday.BTr said the decrease was due to the repayment of provisional advances from the central bank.Out of the total debt stock, 30.7 percent was sourced […]
Environment protection spending dips by 4.6% in 2021 — PSA
Expenditures for environmental protection declined by 4.6% year on year in 2021, data from the Philippine Statistics Authority (PSA) showed. The statistics agency’s Compendium of Philippine Environment Statistics (CPES) Component 6 showed annual government environmental protection expenditures went down to P25.4 billion last year from P26.6 billion in 2020. The CPES, an adoption of the […]
PH online stock market accounts top 1M in 2021
ONLINE stock market accounts in the Philippines breached the one million mark in 2021.The Philippine Stock Exchange (PSE) announced this on Friday, June 10, 2022, in its annual stock market investor profile (SMIP) report, noting that online investor accounts grew by 23.8 percent year-on-year to 1,159,034 from 936,200 in 2020.Online accounts comprised 71.5 percent of […]