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Total Gross Revenue Index of Industries Up by 12.7 percent in Q4 2010
Total Gross Revenue Index of industries went up by 12.7 percent in the fourth quarter of 2010, from a level of 8.0 percent growth in the previous year. Real Estate registered the highest growth at 24.1 percent due to increased revenues from real estate projects, renting and leasing operations. This was followed by Trade, which grew by 13.9 percent and Finance, up by 12.7 percent.
PHILIPPINE ECONOMY POST A MODEST 4.9 PERCENT GDP GROWTH
Underspending by the government and the slowdown in global trade constricted the economy to a lower growth in the now 2000-based GDP of 4.9 percent in the first quarter from the election stimulated 8.4 percent last year. The industry driven growth benefited from the sustained growth of Manufacturing supported by Other Services, Real Estate, Renting and Business Activities, and the recovery of Agriculture but tempered by the lackluster trading activities and the second consecutive quarter of decline in Public Administration and Defense and Compulsory Social Security which used to be referred to as Government Services.
One Barangay Created in the First Quarter of 2011
ne barangay was created and added in the Philippine Standard Geographic Code (PSGC) masterlist during the period January to March 2011. Thus, the number of barangays increased, from 42,025 as of December 31, 2010 to 42,026 as of March 31, 2011.
Spending Holy Week in the City
I guess almost a hundred percent of the people in the Metro Manila went out of town for the Holy Week break. To unwind probably, to go swimming, to commemorate the holy days. Or simply to getaway the from the city. I would also do the same the past several years, but this time I [...]
Official maternal mortality ratio estimates for 1990 and 2000-2010 now available
The National Statistical Coordination Board Executive Board (NSCB) approved for adoption the interim estimation methodology on maternal mortality ratios (MMR), including the resulting national-level estimates for 1990 and 2000-2010, through NSCB Board Resolution No. 11-10.
Cebu Pacific seat sale from Clark at Php799
The Philippines’ largest national flag carrier, Cebu Pacific (CEB) slashes fares from Clark to Hong Kong, Singapore, Macau and Bangkok in a seat sale from now until May 9, 2011 or until seats last. This is for travel from July 1 to September 30, 2011. Guests from North Luzon or outside Metro Manila can travel [...]
Approved FDI plunges by 52.8 percentin Q1 2011
Total foreign direct investments (FDI) approved in the first quarter of 2011 by the four major investment promotion agencies amounted to PhP 22.0 billion, 52.8 percent lower than the FDI approved in Q1 2010. Except for the Board of Investments, the other IPAs namely Clark Development Corporation (CDC), Philippine Economic Zone Authority, and Subic Bay Metropolitan Authority (SBMA) suffered setbacks in FDI applications with SBMA and CDC registering the highest declines of 93.7 and 92.0 percent, respectively.
Lunch Break at Antonio’s Grill with Ford Fiesta S
Last Friday, on a suppose to be busy day for the Metro the guys at Ford Philippines invited us for a Lunch Break to Tagaytay to get a hands-on experience on the all-new Ford Fiesta S. We all converged to Ford at Fort Bonifacio at 10:00AM, five of us bloggers were greeted by five different [...]
US Brand Motor Oil launches Recycled Motor Oil in the Philippines
Travelling does not only involve travel by plane, but for most us who would like to to getaway in the nearby tourist destination like Subic, Ilocos, Bicol Region, we might want to take our car with us. And travelling by car entails a lot of preparations. The used to be BLOWBAG which means Brakes, Lights, [...]
Mind Museum Philippines Soon To Open at The Fort
There is a educational center opening up at The Fort in two weeks time. The Mind Museum at Taguig was just an idea in 2006 but it was immediately started in 2007. The 12.5ksqM land area of thrilling exploration is a PhP1B project that is fully funded by private & corporate donors from sponsors, family [...]
Leading Economic Indicatorrises for 5th consecutive quarter
The composite leading economic indicator (LEI) rose for the fifth consecutive quarter but the upswing in the fourth quarter of 2010 continued the slowdown that started in the third quarter. The fourth quarter 2010 LEI increased to 0.026 from a revised 0.022 in the third quarter of 2010, the slimmest rise in the composite LEI since the fourth quarter of 2009 when the index started to shift direction after five quarters of a downward streak.
Happy 16th Anniversary Enchanted Kingdom!
Enchanted Kingdom, the country’s first and only world-class theme park is celebrating its 16th year of bringing MAGIC to families and friends. Happy 16th Birthday EK! Check out this month’s activities for EK’s 16th Anniversary celebration. Sweet 16 Birthday Celebrants Promo (Wednesdays to Fridays from October 1 to 31) A birthday treat for you! Free [...]
South West Air Corporation opens flights to Masbate, Virac & Legazpi
I was casually browsing Facebook for some streaming updates from different pages I am subscribed when I stumble upon this very familiar Bicolano terminology – Bicol Air Express. No,  I am not talking about the favorite chili-rich dish in Bicol, it is a local airline which was launched in December. BICOL AIR EXPRESS now can [...]

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