MANILA – The country’s digital economy, valued at P2.08 trillion, contributed 9.4 percent of the Philippines’ total gross domestic product (GDP) growth in 2022, according to the data from the state statistics bureau. The total value of the digital economy last year grew 11 percent from the P1.87 trillion recorded in 2021, the Philippine Statistics […]
Read MoreViệt Nam’s economic recovery remains challenged with exports being hit hard by weakening global demand, experts said. HCM CITY — Việt Nam’s economic recovery remains challenged with exports being hit hard by weakening global demand, experts said. Speaking at a meeting in HCM City on Tuesday, Minister of Industry and Trade Nguyễn Hồng Diên said exports have […]
Read MoreJapan International Cooperation Agency (JICA) has become the biggest infra supporter in the Kingdom as it constituted 13 per cent of infrastructural spending support offered by the foreign entities, a study by leading global accounting and auditing firm Pricewaterhouse Coopers has revealed. JICA is followed by ADB (10 per cent), Exim Bank Solution of China […]
Read MoreTHE peso and stock market both fell on Wednesday as an earnings report by a troubled US bank reignited investor fears. The currency weakened by 8 centavos to close at P55.62 against the dollar while the benchmark Philippine Stock Exchange index (PSEi) lost 53.15 points, or 0.81 percent, to end the day at 6,540.24. The […]
Read MoreDairy firm Vinamilk (VNM) is co-operting with a partner in the Philippines and will export products to this country. When the market is large enough, VNM plans to build factories and cow farms in the Philippines. HÀ NỘI Dairy firm Vinamilk (VNM) plans total revenue in 2023 reaching VNĐ63.38 trillion (US$2.7 million), up 5.5 per cent compared […]
Read MoreFuel consumption in the first quarter of this year exceeded its pre-Covid average level, according to the Department of Energy Business (DOEB). The department reported that in the first quarter the country consumed the equivalent of 160.85 million litres a day, compared with an average 157.7 MLD in 2019, 133.15 MLD in 2021 and 151.16 MLD […]
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