NEDA hopeful on PH’s economic growth expansion in 2024
April 24, 2024
The White House deleted a tweet on Wednesday that gave President Joe Biden credit for Social Security increases after it was fact-checked by Twitter. “Seniors are getting the biggest increase in their Social Security checks in 10 years through President Biden’s leadership,” said the tweet posted Tuesday. Twitter later added context below the tweet, clarifying that the large increase is “due to the annual cost of living adjustment, which is based on the inflation rate” as part of a law in 1972. White House spokeswoman Karine Jean-Pierre was asked why the presidential mansion deleted the tweet at
The Philippines has won the second Intercontinental Online Chess Championship for Prisoners in the men’s category, defeating Colombia in the finals. In a statement Friday, the Department of Foreign Affairs (DFA) said the Philippine team is from the General Santos City Jail. “Placing only fifth last year, the male team prepared well and was even trained by some of the country’s strong chess masters, including Winston Silva, Shrihaan Poddar, and Cedrix Cabangal,” the DFA said. The team members watched chess tutorial videos and analyzed chess games in preparation for the tournament, it added. Mongolia was declared
The Bangko Sentral ng Pilipinas (BSP) is set to increase its key rates by 75 basis points on Nov. 17 to ensure interest rate differential following the same decision by the Federal Reserve on its own rates on Thursday. In a Viber message to reporters, BSP Governor Felipe Medalla said the Fed’s decision is widely expected and supports the BSP’s stance to hike its policy rate by the same amount in its next policy meeting. “The BSP deems it necessary to maintain the interest rate differential prevailing before the most recent Fed rate hike, in line with its
Senator Imee Marcos on Thursday asked owners of barges and tugboats to assist local government units to ferry vehicles and individuals who lost bridge access following the onslaught of Severe Tropical Storm Paeng. In a statement, Marcos urged Philippine Ports Authority General Manager Jay Daniel Santiago to seek the help of barge and tugboat owners and operators who could help LGUS with the crossing in areas that have recently lost access. Marcos made the call after sending a tugboat for residents crossing the damaged bridge connecting San Juan, Batangas, and Sariaya, and Candelaria in Quezon. The senator
Ten short videos have won awards in the “Green World – Sino-Philippine Future” Short Video Competition, jointly hosted by the Embassy of the People’s Republic of China in the Philippines, Global Times Online and China Energy Engineering Group Co. Ltd. The event, which is also the Philippines Sub-competition Zone of the 4th Belt and Road Short Video Competition, kicked off on Aug. 29 and received nearly 200 entries from participants in China and the Philippines, especially Gen Zers from both countries. Short videos under a hashtag denoting the Philippines Sub-competition Zone of the 4th Belt and Road Short
Crime incidents in this city decreased by 34.48 percent in October compared to the volume recorded during the same month in 2021, data from the Bacolod City Police Office (BCPO) on Thursday showed. From Oct. 1 to 31 this year, 76 incidents were reported, lower by 40 compared to the 116 incidents in the previous year. In its report, the BCPO said the decline is a result of intensified police-initiated operations, focused police operations and crime prevention measures. Conduct of enhanced managing police operations allowed for target-specific interventions in the reduction of crime incidents, especially the eight
