Poor Filipinos are more vulnerable to income decline than the rich due to the COVID-19 pandemic-induced economic fallout, reflecting a wider income disparity between the lower and higher income …
China Dynamics to Provide Not Less Than 500 Electric Vehicles in Philippines and Malaysia
The electric vehicles will be mainly used in the Philippines and in Malaysia. In addition, GET Worldwide is already looking to expand to Africa and Latin America within the year. Mr. Freddie Tinga, …
Philippines Holds Rates as Recovery Concerns Trump Inflation
(Bloomberg) –The Philippines’ central bank held its key interest rate … to ensure that the monetary policy stance continues to support the BSP’s price and financial stability objectives.” Trading …
Philippines deploys more navy ships to disputed sea amid row with China
A spokesman for the Armed Forces of the Philippines said the additional navy ships would carry out “sovereignty patrols” in the waterway. He did not say if the ships would go near the reef or what …
The Philippines’ deadliest killers. And it’s not COVID
MACROVECTOR / FREEPIKThere’s a palpable sense of panic engulfing the Metro. Or at least panic amongst the political ruling class. The reason is the increase in COVID-19 cases the past few weeks, …
Coronavirus barriers break rise of foreign workers in Philippines
Foreigners permitted to work in the Philippines dropped for the first time in 11 years last year, but remained elevated as those employed in the controversial offshore gaming industry stayed despite …
Philippines to Hold Rates as Inflation in Focus: Decision Guide
The Philippines’ central bank is set to leave its key rate unchanged as it waits for previous easing to filter through an economy in recession, while watching for any spillover effects from faster …
‘Successful REIT listings show investor confidence in Philippines’
MANILA, Philippines — Successful listings of real estate investment trusts (REIT) since last year indicate strong investor confidence in the country’s prospects of recovery from the pandemic-induced …
Philippines must have courage to stand up against China —Locsin
Foreign Affairs Secretary Teodoro Locsin Jr. on Wednesday said the country should stand up against China or else there will be continued “trenching” on the Philippines’ territory. Based on Chino …
Philippines’ COVID-19 active cases climb to over 90,000 with 6,666 new infections
The Philippines on Wednesday reported 6,666 new coronavirus disease 2019 (COVID-19) infections, bringing the total tally to 684,311, as seven laboratories failed to submit data on time. According to …