After the national government allowed the reopening of food establishments early this week, fast food chains in the Philippines intensified the implementation of safety measures in their operations …
Philippines’ current account swings to a surplus in Q1
The Philippines’ current account swung to a surplus in the first quarter of 2020, on the back of a slimmer trade deficit caused by disruptions due to the coronavirus pandemic and falling oil prices.
Through THIN and THICK: Shakey’s 45-year strong in the Philippines
The restaurant industry worldwide is currently facing the worst crisis ever. Never in history have people seen businesses being disrupted in a way that can make many brands irrelevant and at risk …
Almost four out of ten of Philippines’ poorest towns have no doctors -DOH
Almost four out of ten of the country’s poorest towns have no doctors, an official of the Department of Health told a Senate inquiry on Friday. Health Undersecretary Roger Tong-An added that 36 …
Wirecard slumps 40% as search for missing billions turns to Philippines
Wirecard shares fell by more than 40% as two Philippine banks said the German payments company, which is scrambling to find $2.1 billion missing from its accounts, was not a client and alleged that …
The BTS edition of the Samsung Galaxy S20+ is coming to the Philippines
Samsung Philippines is bringing to the Philippines the special BTS Edition of the SAMSUNG Galaxy S20+, as well as a BTS version of the Galaxy Buds+. The BTS Galaxy 20+ features a purple exterior and …
Philippines climbs one spot to 45th in world competitiveness report despite pandemic
The Philippines has climbed a notch in Swiss business school International Institute for Management and Development’s (IMD) World Competitiveness Yearbook this year, despite the challenges brought by …
The Guardian view on the Philippines and Maria Ressa: an attack on democracy
The conviction of the veteran journalist is a frightening indication of the country’s direction under Rodrigo Duterte …
Search for Wirecard’s missing $2.1B in Philippines comes up empty
Two Philippine banks that were said to be holding $2.1B for Wirecard (OTCPK:WRCDF) (OTCPK:WCAGY) say they don’t have the money and that documents claiming the existence of accounts at the banks …
Philippines’ external debt down 2.6% in Q1 to $81.4 billion — BSP
The country’s external debt or the combined foreign currency-denominated obligations of both public and private entities in the Philippines saw a 2.6% decline in the first three months of 2020, the …