The Philippines’ central bank governor has predicted solid rebound for pandemic-hit economy in 2021. The worst is over for the pandemic-hit Philippine economy, and a ‘remarkable rebound’ is expected …
Bangko Sentral ng Pilipinas: Philippines continues to defy global trend of credit rating downgrades
International debt watcher Fitch Ratings has kept the Philippines’ investment grade credit rating of “BBB” with a “stable” outlook, citing the manageable fiscal situation despite the COVID-19 crisis …
Moody’s: Philippines to grow by 7%
The Philippines is likely to recover from the pandemic-induced recession with a seven percent gross domestic product growth this year, according to Moody’s Investors Service.
Philippines includes China, 4 others in travel ban
The Philippines has issued travel restrictions to all foreigners coming from China, Pakistan, Jamaica, Luxembourg and Oman after these countries reported cases of the new strain of COVID-19, …
Nickel prices boosted by Philippines ban for mining island
Nickel prices jumped on Tuesday after major producer the Philippines ordered a halt on mining on an island that is home to some projects. Philippine President Rodrigo Duterte banned mining on Tumbagan …
Foreign tourist arrivals in Philippines plunge 83.7% in 2020 amid COVID-19 pandemic
The Department of Tourism (DOT) on Tuesday said the Philippines saw a dramatic decline in international arrivals last year amid the COVID-19 pandemic. At a virtual press conference, Tourism Secretary …
Ipsos hires Philippines head
Global research company Ipsos has appointed Vicky Abad as country manager in the Philippines. Abad (pictured) will replace Marie Lee, who retired last month after leading Ipsos’ Philippines business …
MMDA chief Abalos mulls more roads, elevated bus ramps to change Philippines’ traffic reputation
“I am thinking of asking our research and planning team if we could move the motorcycles on the right side and study if bike lanes are feasible along EDSA,” he said. “For the past several days, you’ve …
For Covid Vaccine Storage, Philippines May Tap Meat and Fish Freezers for Help
The Philippines is preparing cold storage for Covid-19 vaccines, with government telling industry groups with facilities for storing meat and fish to be ready to help in keeping and distributing the …
Philippines bars foreign travelers from China, 4 other countries over new coronavirus variant
Foreign travelers from China and four other countries will not be allowed to enter the Philippines starting January 13 as a precautionary measure against the new coronavirus variant, Malacañang …