If a US$6-8 per hour rate for call center outsourcing work in the Philippines sounds too good to be true, well, that”s because it simply is. It”s an attractive figure, for sure, but a promise of 70% …
China’s illegal businesses along Myanmar-Thai border prosper following coup
Chinese-funded Yatai International Holding Group (IHG) accused of running illegal casinos in Cambodia and the Philippines, has been recruiting a manager for a five-star hotel, human resources manager, …
Philippines Finance Secretary Sees Room to Cut Reserve Ratio
The Philippines has room to cut banks’ reserve requirement ratio as the economy recovers from the effects of the pandemic, Finance Secretary Carlos Dominguez said Wednesday. “There’s certainly room in …
Philippine drug war dead exhumed as grave leases expire
Rodzon Enriquez’s skeletal remains are pulled out of a coffin-sized tomb in Manila and placed in a body bag. Five years after the 21-year-old was killed in the Philippines’ drug war, the lease on his …
BSP gives Philippines a fourth digital bank player: UnionBank
Aboitiz-led Union Bank of the Philippines received a green light from the Bangko Sentral ng Pilipinas to establish its own digital bank, joining other players in the emerging industry.
Journalist Maria Ressa: ‘We’re Losing the Battle for Our Rights’ in Philippines
Under pressure but remaining defiant, award-winning journalist Maria Ressa has had a turbulent few years. Since 2018, the co-founder of the Philippines’ media site Rappler has faced a slew of charges …
Masungi Georeserve in Philippines: natural ecologically clean spot
Built in a rainforest in the Philippines, Masungi Georeserve is one such place that offers visitors an opportunity to experience pristine nature, according to the Philippine Department of Tourism …
Del Monte Philippines secures PSE nod on initial listing
THE Philippine Stock Exchange (PSE) on Monday evening approved the application of Del Monte Philippines, Inc. for the initial listing of about 2.8 billion common shares under the main board of the …
Del Monte Philippines secures PSE nod on initial listing
THE Philippine Stock Exchange (PSE) on Monday evening approved the application of Del Monte Philippines, Inc. for the initial listing of about 2.8 billion common shares under the main board of the …
Fitch cuts rating outlook on six Philippine banks to ‘negative’
FITCH RATINGS on Monday cut its outlook on rated local lenders to reflect the revision done for the Philippines, which could mean a rating downgrade in the next 12 to 18 months. The debt watcher …