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 …
The U.S. Must Maintain Its Defense Agreement with the Philippines
Filipino president Rodrigo Duterte has just breathed new life into his nation’s Visiting Forces Agreement (VFA) with the United States. That’s excellent news, because you don’t have to believe that Ch …
ADB revises Philippine DGP growth forecast to shrink 3.8 pct in 2020
The forecast for 2021 is maintained at 6.5 percent, supported by public infrastructure spending and anticipated recovery in consumer and business confidence, adds the report. The Philippines …
New Taxes Are a Double-Edged Sword as Frugal Philippines Eyes Stimulus
The Philippines is weighing a bevy of new taxes to fund anti-virus economic stimulus — with the risk that these levies could slow activity even further.
China Just Botched a Monumental Opportunity With the Philippines
Philippines President Rodrigo Duterte’s announcement on February 11 that Manila planned to terminate the U.S.-Philippines Visiting Forces Agreement (VFA) in six months, per the VFA terms, was hailed …
Lacson: Anti-terror bill would prevent terrorist financing in Philippines
“Kaya tayo nalagay sa partially compliant ng FATF (Financial Action Task Force), kasi napakahina ng ating batas o pagtugon sa terrorist financing. Sa Marawi lang ilang bilyon ang pumasok na pera roon …
Philippines eyes to raise P400B from loans for COVID-19 recovery efforts
The Philippines will borrow at least P400 billion to support the COVID-19 economic recovery efforts, an official of the Department of Finance said Tuesday. Finance Assistant Secretary Antonio Lambino …
What Maria Ressa’s Conviction Means For Press Freedom In The Philippines
At the time, she was the only reporter in the group who was not already dead or imprisoned, according to former Secretary of State Madeleine Albright who wrote Ressa’s feature for Time. The government …
Maria Ressa, Crusading Journalist, Is Convicted in Philippines Libel Case
The conviction of Ms. Ressa, a critic of President Rodrigo Duterte and his violent drug war, is the latest blow to press freedoms in the country.
As economy slumps, Philippines lets eateries reopen to recoup job losses
The Philippines is getting back to business after one of the world’s strictest coronavirus lockdowns spanning nearly three months, allowing restaurants to reopen this week for dine-in customers in an …