This story is part of Forbes’ coverage of Philippines’ Richest 2020. See the full list here. Despite the benchmark PSEi declining 26% over the past year, some of the Philippines’ wealthiest remain …
Philippine reserves rise to $98.95B in August
The Philippines’ foreign exchange reserves continued to grow to a record high in August, buoyed by the inflows from foreign exchange operations and investments abroad, the central bank reported …
Despite pandemic, poll says small businesses in the Philippines bullish of growth
Majority of small businesses in the Philippines remain confident that they will continue … SAP offered two solutions for local SMEs to help improve their businesses—the SAP Business One and the SAP …
Philippines says engaging Western pharma firms, despite Duterte anger
The Philippines continues to negotiate supply deals with a wide range of COVID-19 vaccine makers, its health ministry said on Wednesday, despite its president scolding Western firms and saying he …
ADB further downgrades economic outlook for Philippines
MANILA, Philippines — The Asian Development Bank (ADB) has recast its forecast for the Philippine economy to a deeper decline of 7.3 percent this year, citing subdued private consumption and …
Philippines, Japan sign ¥50-B standby loan for post-disaster response
The Philippines and Japan on Tuesday inked a JP¥50-billion (roughly P23 billion) loan agreement to support the government’s immediate budgetary needs for post-disaster response upon the declaration of …
3,544 new cases bring Philippines’ COVID-19 tally to 269,407
The Philippines’ coronavirus disease 2019 (COVID-19) caseload increased to 269,407 on Tuesday after the Department of Health (DOH) announced 3,544 new infections, marking the eighth consecutive day in …
Philippines reports 3,544 novel coronavirus cases, 34 more deaths
The Philippines’ health ministry on Tuesday confirmed 3,544 additional novel coronavirus infections and 34 more deaths. In a bulletin, the ministry said total infections had increased to 269,407, the …
Duterte asks Malaysia to help 3,000 Filipinos in Sabah awaiting repatriation
Despite the “ticklish” issue of the Philippines’ claim to Sabah, President Rodrigo Duterte appealed to Malaysia’s “humanitarian sense” in helping Filipinos in that disputed area.
Philippines reports another record spike in daily coronavirus deaths
The Philippines on Monday reported a record daily increase in new coronavirus deaths for the second time in three days, adding 259 more fatalities to bring the total to 4,630. In a bulletin, the …