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PH’s 2018 dollar outflow blows through BSP’s worst-case forecast

  The amount of dollars spent by the Philippines will outstrip its total dollars earnings by a significantly higher gap this year than government planners' already pessimistic projections, the latest data from the Bangko Sentral ng Pilipinas revealed on Friday.   In a press briefing, BSP officials said that they expect the country's balance of payments ---the aggregate net value of all transactions between the local economy and the rest of the world---to end 2018 at a deficit of $5.5 billion.   This marks a 266-percent increase in the expected net dollar outflows from the $1.5-billion yearend deficit the central bank projected just six months ago which was, ...Keep on reading: PH’s 2018 dollar outflow blows through BSP’s worst-case forecast.....»»

Source: Inquirer InquirerCategory: 1 hr. 59 min. ago Related News

Neda: PH expected to weather 2019 woes

With the ambitious "Build, Build, Build" infrastructure program in full swing, the country's chief economist expects the Philippine economy to withstand looming global uncertainties.   "The government is making definite progress in its massive infrastructure program, we all know as 'Build, Build, Build.' We are certain that the government's efforts will pay off and we will see improvements in the state of the country's infrastructure over the medium-term," Socioeconomic Planning Secretary Ernesto M. Pernia said in a statement.   Pernia, who heads the state planning agency National Economic and Development Authority (Neda), said that as of November, 35 of the 75 flag...Keep on reading: Neda: PH expected to weather 2019 woes.....»»

Source: Inquirer InquirerCategory: 1 hr. 59 min. ago Related News

Separate cash subsidy program for farmers, fishermen sought

Farmers and fishermen were not on lists of villages as beneficiaries of a cash subsidy program for the poorest of the poor, according to the governor of Ilocos Norte province.   Gov. Imee Marcos, in a statement, said the farmers and fishermen did not make it to the list "even if they are the poorest of the poor."   The government distributes cash subsidies to the poor through its Pantawid Pamilyang Pilipino Program, or 4Ps.   Marcos, who is running for senator, said farmers and fishermen "are the most vulnerable" among the poor because of the effects of weather.   "No harvest, no catch, no income during storms," Marcos said.   "S...Keep on reading: Separate cash subsidy program for farmers, fishermen sought.....»»

Source: Inquirer InquirerCategory: 1 hr. 59 min. ago Related News

Cold front to bring clouds, rain over Southern Luzon, Visayas — Pagasa

  INQUIRER.net             MANILA, Philippines -- The tail-end of a cold front will affect the eastern section of Southern Luzon and the Visayas, the weather bureau said on Saturday.   The Bicol region and Eastern Visayas will experience cloudy skies with scattered rain and thunderstorms due to the said weather condition, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) said.   Pagasa noted that possible flashfloods and landlsides could be expected by residents from the affected areas.   Meanwhile, cloudy skies with light rain will prevail over the Caga...Keep on reading: Cold front to bring clouds, rain over Southern Luzon, Visayas — Pagasa.....»»

Source: Inquirer InquirerCategory: 1 hr. 59 min. ago Related News

CebGo announces canceled flights

      MANILA, Philippines--In anticipation of a bad weather condition across the country, CebGo announced on Saturday the cancelation of six local flights for three days. In an advisory, the airline company said that the following flights to and from Legazpi have been canceled starting Saturday until Monday, Dec. 17. Manila - Legazpi DG 6191 DG 6189 DG 6193 Legazpi - Manila DG 6190 DG 6194 DG 6192 "Passengers on these affected flights from Dec 15 to Dec 17 have been notified through the contact information provided upon booking their flights," the airline said. "Affected passengers may send us a message on our official FB and T...Keep on reading: CebGo announces canceled flights.....»»

Source: Inquirer InquirerCategory: 1 hr. 59 min. ago Related News

December 15, 2018 Visayas Weather Forecast

VALID BEGINNING: 6:00 AM today until 6:00 AM tomorrow SYNOPSIS: Northeast monsoon is affecting Luzon Forecast: Sunny periods & partly cloudy skies with isolated light to moderate rainshowers/thunderstorms Winds: 30-40 KPH NE Coastal Waters: Mod (1.25-2.5m) Temp: 25-31°C Maximum Heat index: 36°C PAGASA.....»»

Source: Metrocebu MetrocebuCategory: News2 hr. 25 min. ago Related News

Duterte to attend Balangiga bells’ turnover in Samar

President Duterte will witness today the turnover of the Balangiga bells to the local government in simple ceremonies in Eastern Samar......»»

Source: Philstar PhilstarCategory: News4 hr. 59 min. ago Related News

Economy to weather next year’s challenges

The National Economic and Development Authority (NEDA) is optimistic the Philippines will hurdle whatever challenges await it next year. “If 2018 has not been easy for us, 2019 will not…READ The post Economy to weather next year’s challenges appeared first on The Manila Times Online......»»

Source: Manilatimes_net Manilatimes_netCategory: News5 hr. 12 min. ago Related News

Petron, F2 kick off best-of-3 for Superliga’s crown jewel

Volleyball superpowers Petron and F2 Logistics seek to draw first blood as they fire the opening salvo in their battle for the Philippine Superliga All-Filipino Conference crown today at the Mall of Asia Arena......»»

Source: Philstar PhilstarCategory: Sports8 hr. 38 min. ago Related News

POC rushes to finalize SEAG events

The POC is determined to finalize by today the list of events in the 56 sports set for the Southeast Asian (SEA) Games on Nov. 30-Dec. 10 next year as the National Olympic Committees (NOCs) of the participating countries await confirmation on the number of gold medals that will be at stake when the competitions reel off at the New Clark City, Subic, Manila and Tagaytay......»»

Source: Philstar PhilstarCategory: Sports8 hr. 38 min. ago Related News

UAAP: Winning Maroons join rainy UP Lantern Parade

The rain did not bother the UAAP Season 81 men's basketball runners-up as the Fighting Maroons participated in the annual Lantern Parade Friday at the University of the Philippines in Diliman. Seven members of the history-making team namely UAAP Season 81 MVP Bright Akhuetie, Jun Manzo, Javi Gomez de Liano, Janjan Jaboneta, Gelo Vito, Diego Dario, and Will Gozum rode a truck that slowly went around the campus' massive academic oval. During the ride, they took selfies with fans along the road. Happening now: #UAAPSeason81 silver medalists UP MBT participating in the annual Lantern Parade. Players are riding a truck as they take selfies with fans around the academic oval. @abscbnsports pic.twitter.com/cIQ5wXJ3Fr — Danine Cruz (@the9cruz) December 14, 2018 UP MBT's turn to be introduced in the Quezon Hall. Several fans still showed up to witness the team despite the rainy weather. @abscbnsports pic.twitter.com/VuaNR1MjSl — Danine Cruz (@the9cruz) December 14, 2018 It was drizzling the whole afternoon but the players and fans still continued the parade. The crowd chanted 'Atin 'To!' and 'UP Fight' while the drummers kept hitting their signature beats just a few vehicles away from the basketball team's truck. The participation of the team in the yearly tradition of the community is in celebration of the men's basketball program ending a 32-year medal drought in men's basketball. "Sobrang sarap ng feeling. At least for one last time lalo na ngayong Pasko na nakita namin yung buong community, na kahit umuulan andito pa rin para sa amin, todo suporta pa rin. We are really blessed as a team and as individuals to have this opportunity and probably this is the best UP experience for me if you're gonna ask me," said graduating player Gelo Vito. "It's really a blessing, may mga naririnig pa nga ako na may dumayo pa from UP Baguio to be here," added Vito. Akhuetie was thrilled to see the warm reception from UP supporters. "It's awesome. I can't wait to make these guys proud by getting the championship. Look at the hearts these people are pouring out. There is nothing you can do for them that can be too much. Despite the weather, the rain and all, they still showed up." However, Akhuetie expressed that despite the love they have been getting from the community, a bridesmaid finish is not enough. "I just couldn't get it in my head that 'Oh okay, for them to be this happy, I've done enough' I still feel we have to do more so I like it, it's okay but I'm not carried away by it," he said. Aside from the basketball team, the men's track and feld team, which ended a 36-year title drought, also had their own truck to celebrate the achievement. Aside from the UP MBT, the track and field team also has a truck of their own in the Lantern Parade. The team ended a 36 year title drought in the #UAAPSeason81. @abscbnsports pic.twitter.com/Rx2S2noGH0 — Danine Cruz (@the9cruz) December 14, 2018.....»»

Source: Abscbn AbscbnCategory: Sports9 hr. 38 min. ago Related News

Faeldon’s son nabbed in drug bust | Evening wRap

Today on Rappler: Cops arrest son of Nicanor Faeldon , 3 others in Naga drug operation 4 Chinese sentenced to life in prison for operating floating shabu lab DICT orders NTC to make phones unlockable after initial lock-in period Trump's son-in-law Kushner possible next chief of staff – U.S. media Miss USA apologizes over 'xenophobic' remarks vs Miss Cambodia, Miss Vietnam {module ........»»

Source: Rappler RapplerCategory: News10 hr. 12 min. ago Related News

IN PHOTOS: Despite the rain, UP Lantern Parade 2018 shines on

MANILA, Philippines – From strong calls to end all forms of violence to heartwarming messages, the 2018 University of the Philippines (UP) lantern parade shone a light on various issues through floats despite the rainy weather Friday, December 14, at the Quezon Hall Amphitheater. Following UP’s Christmas theme, “Paglaot, Pagdaong” (sailing ........»»

Source: Rappler RapplerCategory: News10 hr. 12 min. ago Related News

Time for penance

By: Lance Patrick Enad Together with the loss of the sense of sin would be the loss of the sense of penance. The idea of penance stands on the idea of sin. It is rather tragic that penance is rarely brought up in many catholic circles today. We rush to dispense ourselves from the penitential […] The post Time for penance appeared first on The Daily Guardian......»»

Source: Thedailyguardian ThedailyguardianCategory: News10 hr. 38 min. ago Related News

Light to moderate rains expected in Metro Manila – GMA News

Light to moderate rains expected in Metro Manila  GMA News The northeast monsoon will continue to affect most of Luzon on Friday, reported Chris Perez, Senior Weather Specialist of PAGASA. Current latest trending … Source link link: Light to moderate rains expected in Metro Manila – GMA News.....»»

Source: Manilainformer ManilainformerCategory: 13 hr. 12 min. ago Related News

(ADVISORY) Canceled flights due to bad weather (December 14, 2018)

ADVISORY: Several domestic flights were canceled on Friday, December 14, 2018, due to bad weather in their destinations. (ADVISORY) Canceled flights due to bad weather (December 14, 2018) Source link: (ADVISORY) Canceled flights due to bad weather (December 14, 2018).....»»

Source: Manilainformer ManilainformerCategory: 13 hr. 12 min. ago Related News

More investments to come in Negros Occ—Gov. Marañon

        BACOLOD CITY---The Ayala Malls Capitol Central located behind the provincial Capitol in Bacolod City, which officially opened to the public on Thursday, will be a catalyst for progress and change in Negros Occidental, Gov. Alfredo Maraon Jr., said today.   Maraon and Bacolod Mayor Evelio Leonardia, along with AyalaLand Inc. Senior Vice President Jose Emmanuel "Junie" Jalandoni and Makati Development Corp. president Rodelito "Dodo" Ocampo merged two halves of the "Heart of Bacolod" at the opening rites to officially declare the P5.2-billion mall open.   The Capitol Central is expected to trigger more investments in Negros O...Keep on reading: More investments to come in Negros Occ—Gov. Marañon.....»»

Source: Inquirer InquirerCategory: 14 hr. 59 min. ago Related News

BSP sees wider current account gap in 2018, 2019

The Philippines continued to invest more than what it earned in the last three quarters of 2018, the Bangko Sentral ng Pilipinas reported Friday, adding that the country’s current account gap is forecast to further widen but won’t swell to “unsustainable levels.”.....»»

Source: Philstar PhilstarCategory: News16 hr. 59 min. ago Related News

‘Amihan’ brings rain to Metro Manila, parts of Luzon — Pagasa

PARTS of Luzon will experience light to moderate rains as the northeast monsoon or “amihan” continues to affect these areas, the state-run weather bureau said on Friday morning. According to…READ The post ‘Amihan’ brings rain to Metro Manila, parts of Luzon — Pagasa appeared first on The Manila Times Online......»»

Source: Manilatimes_net Manilatimes_netCategory: News17 hr. 25 min. ago Related News

Northeast monsoon bringing rain to Luzon on December 14

What's the weather like in your area? Report the situation through Rappler's  Agos  or tweet us at  @rapplerdotcom . MANILA, Philippines – The northeast monsoon or hanging amihan is affecting Luzon on Friday, December 14. In a bulletin issued 4 am on Friday, the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA) warned that ........»»

Source: Rappler RapplerCategory: News22 hr. 38 min. ago Related News