DoTr invests in high-tech infrastructure for greater accessibility

By Genivi Verdejo January 23, 2023 Retrieved from: https://www.manilatimes.net/2023/01/23/supplements/dotr-invests-in-high-tech-infrastructure-for-greater-accessibility/1875392/amp The Department of Transportation (DoTr) is building more infrastructure projects that include flagship projects, aimed at making the country a regional hub. Transportation Secretary Jaime Bautista leads the DOTr in celebrating its 124th anniversary with excitement on the projects that will modernize […]

What we learned at Davos: Signs of Hope Emerge from the Pessimism

Larry Elliot – Economics editor January 22, 2023 Retrieved from: https://amp.theguardian.com/business/2023/jan/22/what-we-learned-at-davos-global-economy The world has become hard-wired for pessimism, and there was plenty of it on display in Davos last week. Much has changed in the 52 years since the World Economic Forum was first held in the Swiss ski resort. At that original […]

ECONOMY | The Global Economy Needs a New Powerhouse. India Is Stepping Up

By Kai Schultz and Vrishti Beniwal January 23, 2023  Retrieved by: https://www.bloomberg.com/news/features/2023-01-23/india-s-1-4-billion-population-could-become-world-economy-s-new-growth-engine Prime Minister Narendra Modi wants to make India a developed nation. How soon can a country once synonymous with red tape become a $10 trillion economy? India’s economic transformation is kicking into high gear. Global manufacturers are looking beyond […]

OFW remittances rose by 5.8% in Nov 2022

Ronnel W. Domingo – 1 week ago Retrieved from: https://business.inquirer.net/382489/ofw-remittances-rose-by-5-8-in-nov-2022/amp Personal remittances to the Philippines sent by Filipinos abroad grew by 5.8 percent to $2.93 billion in November 2022 from $2.77 billion in the same month of 2021, according to the Bangko Sentral ng Pilipinas. This was the fastest yearly growth for any […]

Philippines looking to double tourist arrivals to 5 million in 2023

By Newsdesk – January 20, 2023 Retrieved from: https://www.asgam.com/index.php/2023/01/20/philippines-looking-to-double-tourist-arrivals-to-5-million-in-2023/ The Philippines Department of Tourism (DOT) revealed Thursday it is aiming to attract 5 million foreign visitors in 2023, almost doubling the 2.6 million visitors who arrived last year. Tourism Secretary Christina Frasco said the DOT was looking to attract a minimum […]