With territorial disputes involving Southeast Asia having dominated global headlines for weeks, now might seem like an opportune moment for the Philippines to revive its quarrel with Malaysia over the …
Philippines’ 50 Richest 2020: More Than Half Of The Listees See Fortunes Decline Amid Pandemic
The country’s benchmark stock index, the PSEi, reflected the economic challenges the pandemic poses, falling 26% since fortunes were measured a year ago. The collective wealth of the Philippines’ 50 …
Philippines’ 50 Richest: Betting On IPOs Amid A Market Slump And Pandemic
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 …
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, 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 …
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 …