PH Economy Grows 6.2% In Q3

PH Economy Grows 6.2% In Q3

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Save The Children Philippines Launches “E-Regalo Sa Mga Bata”

For every Php 10,000 raised through E-Regalo sa mga Bata, Save the Children will provide learning kits and life-saving essentials to 20 children.

DOTr Sec. Tugade Urges Drivers Of PUV To Participate In Gov’t’s Service Contract Program

Sa ilalim ng Service Contracting Program ng LTFRB, maaaring makatanggap ng karagdagang kita ang mga drayber na lubos na naapektuhan ang pangkabuhayan dahil sa COVID-19 pandemic.

In New Education Normal, Volunteers Help Fill Crucial Learning Gaps

“I volunteered because I didn’t want these kids to waste their time learning nothing,” says Emy Tarnate, one of the hundreds of volunteers helping children survive an education system altered by a global health crisis.

ECHO, OXFAM, World Vision, And ADRA Partner To Support Goni-Displaced Families In Bicol

World Vision, along with several of its partners, vows to provide immediate aid to the most affected communities in the hard-hit areas of the Bicol region.

The Philippine economy expanded by 6.2 percent in July to September period this year after two quarters of deceleration, making it still one of Asia’s fastest, the government reported.

In a press briefing, Socioeconomic Planning Secretary Ernesto Pernia said the Philippines likely ranked second behind Vietnam’s 7.3 percent but higher than China’s 6 percent during the period.

“The stronger growth in public spending in the third quarter contributed significantly to our third-quarter performance,” Pernia said. “Government is committed to speeding up the implementation of its programs and projects that were affected by the budget impasse and the election ban earlier this year.”

The third-quarter figure brought gross domestic product (GDP) of the last nine months to 5.8 percent, slightly below the lower-end of the government’s 6 to 7 percent target for the year.

“This means that the Philippine economy will have to expand by at least 6.7 percent in the last quarter of the year to meet the low-end of the full-year target of 6.0-7.0 percent for 2019 — a challenge that we are confidently taking on,” Pernia added.

Among the major economic sectors, the Philippine Statistics Authority (PSA) reported that services posted the fastest growth with 6.9 percent in the third quarter.

Industry followed, which grew by 5.6 percent, while agriculture, hunting, forestry and fishing all registered a growth of 3.1 percent.

The economy grew by 5.5 percent in the second quarter of 2019. (PNA)

World-Class Multi-Purpose Sports Arena Soon To Rise In Tarlac

A 5,000-seat world-class sports facility will soon rise in Tarlac!

Guidelines On Covid-19 Test Price Cap To Be Released This Week

The guidelines for the implementation of a price cap for coronavirus disease 2019 (Covid-19) testing and test kits will be released within the week, Malacañang announced.

PH Logs 183 New Covid-19 Recoveries

Total number of recoveries in the Philippines is now at 386,955.

21 Negrense Centenarians Receive Cash Incentives

At least 21 centenarians in Negros Occidental received cash incentives amounting to PHP100,000.

POEA Awaits IATF Decision Over 5K Cap On Med Workers Deployment

POEA assures that although there’s no official IATF resolution yet, they have started processing the applications of medical workers.

P40-M Sports Complex To Rise In Bulacan Town

A PHP40-million sports complex with state-of-the-art amenities will soon rise in Bulacan!

Need A Fast Connection? No Worries, Grab And Globe At Home Have Got You Covered!

Starting November 24, 2020, customers can conveniently purchase Globe At Home Prepaid WiFi and Xtreme Home Prepaid WiFi devices on GrabMart.

DOLE Orders Release Of Deferred Holiday Pay For Private Workers

May holiday pay ka pa bang hindi pa binibigay?

SMC To Open 100 Add’l RFID Installation Sites In North And South To Meet Surge In Demand

To accomodate the increased number of motorists wanting to avail of the free RFID stickers, SMC is putting up 100 additional RFID installation sites!

The Spirit Of Sharing Love On Christmas Through Food Continues With Lemon Grass

Specializing in home-cooked meals, Lemon Grass offers gourmet-style Filipino favorites such as beef caldereta and pork barbeque that can be enjoyed by the whole family.