China has approved the establishment of a national nature reserve at Scarborough Shoal, a disputed territory also claimed by the Philippines in the South China Sea.
Finance dept says no South Korean loan meant for Philippine bridges
The DOF said the Philippines does not have a loan from South Korea meant to fund bridges. This was after South Korea’s President allegedly suspended the loan amid corruption concerns.
Philippines stopped seeking South Korean funding for bridge project in 2024 — officials
There was never any active loan agreement from South Korea to fund a multi-billion-peso bridge project in the Philippines, according to two departments, which say the Philippines had only agreed to …
Union Bank of the Philippines
The latest news and top stories on Union Bank of the Philippines. A leading entity in the finance sector, Pasig City-based Union Bank of the Philippines specialises in a comprehensive range of banking …
China approves nature reserve at South China Sea shoal claimed by Philippines
China has approved the construction of a national nature reserve at Scarborough Shoal, a disputed territory also claimed by the Philippines in the South China Sea …
South Korea scraps proposed Philippine loan; DoF denies existence of loan
The Department of Finance (DoF) on Wednesday categorically denied the existence of a P28-billion loan from South Korea to fund hundreds of bridges in the Philippines. The DoF issued the statement …
US to continue sending financial aid to Philippines
A senior State Department official underscored that funding assistance from the United States government should be spent with the highest degree of integrity and accountability. At a media roundtable …
A Gen Zer from the Philippines studied overseas, hustled through side gigs, and built a tiny house she now runs as an Airbnb
She designed the house to be Instagrammable, but soon found most guests hardly used their phones while staying there.
Philippines extends land leases to 99 years to attract foreign investors
Foreign investors in the Philippines will be able to lease private land for up to 99 years under a law signed this week, as the country looks to be more competitive in attracting offshore funding for …
Philippines News
The Philippines and China agreed to seek common ground and find ways to cooperate despite their disagreements i …