Despite Congressional opposition, the State Department announced a determination this week to sell nearly $2.6 billion of defense material to the Philippines.
Malta, Philippines Placed on Terror-Financing Watch List
The Financial Action Task Force, a Paris-based organization that sets anti-money-laundering law standards, added Haiti, Malta, the Philippines and South Sudan to its list of jurisdictions under …
WB approves loan for financial sector
THE World Bank has approved a $400-million loan to help the Philippines achieve a resilient financial sector and help ensure a more inclusive recovery from the Covid-19 …
Taiwan food products export to Philippines slightly declined in 2020 to 44,940 MT–CPT database
DESPITE being one of the least affected countries by the ongoing Covid-19 pandemic, last year’s food export of Taiwan to the Philippines had slowed down a bit. According to the CPT Statistics Database …
World Bank lends $400 million to boost Philippines financial sector
The Philippines has secured funding of $400 million or more than P19 billion from the World Bank to upgrade the country’s financial sector. The Washington-based World Bank approved the $400 million …
Philippines gets approval for F-16, missile buy worth over $2 billion
The Philippines could also buy Raytheon Technologies AIM-9X Block II Sidewinder air-to-air missiles and Boeing AGM-84L-1 Harpoon Block II anti-ship missiles.
Philippines secures $400M World Bank loan for financial sector reforms
The World Bank approved a fresh $400-million loan for the Philippines which will be used to support financial sector reforms as the country recovers from the pandemic. The First Financial Sector …
Philippines, Germany see need to address internal migration in relation to climate change
PHILIPPINE STAR/ MICHAEL VARCASThe Philippines’ National Economic and Development Authority (NEDA) agreed to the findings of a 2020 study funded by the German development organization GIZ that the …
US approves possible sale of F-16s, missiles to the Philippines
The US State Department approved the potential sale of F-16 fighter jets as well as Sidewinder and Harpoon missiles to the Philippines in three separate deals with a combined value of more than $2.5bn …
World Bank Approves Program for Ensuring Inclusive Recovery in Philippines
The World Bank’s Board of Executive Directors has approved today a US$400 million loan to support reforms that will assist the Government of the Philippines.