Today in History: April 27, Magellan killed in the Philippines
Today is Saturday, April 27, the 118th day of 2024. There are 248 days left in the year.
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Today is Saturday, April 27, the 118th day of 2024. There are 248 days left in the year.
China’s overseas investment is heading for an eight-year high as its dominant firms build more factories abroad, a shift that could soften criticism of Beijing’s export drive.
DESPITE the tight monetary policy of the central bank, local firms are expected to have the same, if not more, appetite for loans in the second quarter, according to data from the Bangko Sentral ng Pilipinas (BSP).
THE Philippines and Germany have strengthened their ties through the 3rd Asean Purchasing Initiative, by far the largest one initiated by German firms as they seek new suppliers in the Asean region.
THE National Economic and Development Authority (Neda) has approved the new guidelines for its Investment Coordination Committee (ICC) in the review and approval of public-private partnership (PPP) projects.
PRESIDENT Ferdinand R. Marcos Jr., said the launch of the new Passenger Terminal Building (PTB) of the Batangas Port will help unlock the greater economic potential of the Calabarzon, Mimaropa and Bicol regions.
THE Chinese Embassy in Manila has filed a diplomatic protest over comments allegedly by the Armed Forces chief and a congressman which they deemed “racist.”
THE Philippine economy may have posted a growth of 6.2 percent in the first quarter of this year on the back of better jobs generation and higher manufacturing output, according to a local think tank.
BUTUAN CITY—Dinagat Island Governor Nilo Demerey Jr. hopes to anchor the island province to the popularity of Siargao and gain a much-needed tourism boost as a new shorter route connecting the two islands launched earlier this week.
PARTICIPATING naval vessels from the Philippines, United States, and France have successfully conducted the exercises tasked to them during the second day of the multilateral maritime exercise (MME) in Palawan waters which are among the highlights of this year’s “Balikatan.”
SOUTH Korea is emerging as a closely watched weak link in the $63-trillion world of shadow banking.
THE National Grid Corporation of the Philippines (NGCP) placed the Visayas grid on red alert on Friday afternoon and issued yellow alert for Luzon and Mindanao grids.
THE Department of National Defense [DND] announced on Friday that Lithuanian Minister of Foreign Affairs Gabrielius Landbergis paid a visit to the Philippines’s defense establishment for the first time.
THE Consunji Group has signed a purchase agreement with Cemex Asia B.V. to acquire its entire stake of 42.14 million common shares in Cemex Asian South East Corp. (CASEC) for $305.6 million.
FILINVEST Development Corp. (FDC) on Friday said it registered a 58-percent hike in both earnings per share and dividends per share, in line with its net income increase in 2023.
Worries about a potentially toxic cocktail combining stubbornly high inflation with a flagging economy dragged U.S. stocks lower on Thursday. A sharp drop for Facebook’s parent company, one of Wall Street’s most influential stocks, also hurt the market.
IF the conflict in the Middle East escalates, the World Bank expects natural gas, fertilizers, and food to become even more expensive than they are today.
DIGITAL transactions including electronic commerce and online content contributed nearly a tenth of the country’s GDP in 2023, according to the Philippine Statistics Authority (PSA).
IMPORTS remain necessary as local production is still unable to meet demand for key commodities like rice and pork, according to the National Economic and Development Authority (Neda).
FILIPINO families living in Metro Manila believe they need to earn P25,000 to keep them from being considered poor, according to the latest survey results of the Social Weather Station (SWS).
THE Senate will definitely look into the latest spate of rotating brownouts, triggered by simultaneous breakdowns in power plants, even as the Energy Committee’s vice chairman said all indications point to neglect by some generating companies (gencos) this time around.
THE Department of Energy (DOE) said Thursday the issuance of yellow alerts, and possibly red alerts, will continue until next month as the heat index remains extremely high in most areas of the country, resulting in an increase in demand for electricity.
THE four participating naval vessels in the so-called “multilateral maritime exercise” (MME) of this year’s “Balikatan” departed from Puerto Princesa, Palawan on Thursday for their training event scheduled until April 29.
The United States Trade Representative (USTR) kept the Philippines out of its watch list of countries with intellectual property (IP) concerns for the 11th consecutive year.
THE Philippines and United States are set to finalize a new defense agreement that could allow both militaries to share top-secret intelligence and for the US to export defense equipment and share defense technology data to the Philippines.
THE Move As One Coalition is opposing the proposal of the Metropolitan Manila Development Authority (MMDA) to eliminate bicycle lanes along Edsa.
AMID the surge in incidents of online sexual abuse and exploitation of children (OSAEC) and child sexual abuse and exploitation materials (CSAEM), President Ferdinand R. Marcos, Jr. has ordered concerned agencies to launch a “merciless” campaign against those engaged in the illegal activities.
THE Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) has warned that some parts of the country may experience a “dangerous” heat index classification in the coming days, especially in May.
Based on its computed two-day forecast for Friday and Saturday — issued as of 5 p.m. on Thursday (April 25) — Pagasa said extreme heat measured at 42 to 47 degrees Celsius in almost 40 areas in the country.
Pagasa said that 47°C will be felt in Dagupan City, Pangasinan for two consecutive days (April 26 and April 27).
Also Aparri, Cagayan will experience 46 °C on April 26 and April 27.
Meanwhile, over 7, 000 schools nationwide opted to suspend face-to-face classes and implemented Alternative Delivery Mode (ADM) due to the extreme summer heat on Thursday, the Department of Education said.
Of the 47, 678 schools nationwide,DepEd said that 7,188 public and private schools have suspended in-person classes.
Based on the data, Central Luzon has the highest number of schools that resorted to alternative delivery mode with 1, 765, followed by 1, 389 in Western Visayas, 759 in the Ilocos region, 525 in Calabarzon, 456 in Mimaropa, 430 in Metro Manila, 413 in Bicol, 407 in Central Visayas, 335 in Soccksargen, and 246 in Cordillera Administrative Region.
At least 164 schools implemented ADM in Zamboanga Peninsula, 109 in Cagayan Valley, 102 in Eastern Visayas, and 84 in the Davao region.
Three schools in Region 10 or Northern Mindanao and one in Region 13 or Caraga have suspended face-to-face classes.
The League of Corporate Foundations (LCF) is gearing up for the 2024 CSR Conference and Expo, a highly anticipated annual event scheduled for July 3 to 4 at Dusit Thani Manila, Makati City.
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