The Philippines’ central bank still has plenty of room to maneuver as the country’s economy faces a downturn amid the coronavirus pandemic, according to the institution’s chief.
Bankers group says Philippine financial system is sound amid Wirecard controversy
The Bankers Association of the Philippines on Tuesday said the Philippine financial system is stable despite the financial scandal involving German payments firm Wirecard, which dragged two of the …
Duterte presidency unravels as coronavirus ravages Philippines
Analysts say the pandemic has exposed the president’s ‘militarist’ approach and lack of a serious policy agenda.
‘War on drugs’ blamed for deaths of at least 122 children in Philippines
Activists claim young people are deliberately targeted and call for UN to investigate human rights record of Duterte regime …
122 children killed in Philippines drugs war: NGOs
At least 122 children have been killed in the Philippines’ war on drugs — often deliberately, two non-governmental organisations said Monday, urging the UN to take action. The NGOs fear that the true …
Philippines eyes JVs, PPPs with Qatar in various sectors, says official
The Philippines is intensifying its commitment in forging robust trade and investment ties with its partners in the Middle East, such as Qatar, especially in the field of Islamic finance, among other …
Philippines promises ‘thorough’ probe of Wirecard, looking at three local payment firms
The Philippines’ anti-money laundering agency on Monday said it would conduct a “swift and thorough” investigation into scandal-hit German payments firm Wirecard AG and that it has drawn up an initial …
Philippines promises ‘thorough’ probe of Wirecard
Business Philippines promises ‘thorough’ probe of Wirecard. Posted . The Philippines’ anti-money laundering agency on Monday said it would conduct a “swift and thorough” investiga …
Philippines’ COVID-19 tally tops 36,000 with 985 new cases
The Philippines’ tally of coronavirus disease 2019 (COVID-19) cases topped 36,000 on Monday after the Department of Health (DOH) reported 985 more infections—643 “fresh” or newly validated and 342 …
France loans Philippines P14 billion for infrastructure, financial inclusion
The latest loan agreements will help small entrepreneurs, farmers, and fisherfolk, as well as the Duterte administration’s Build, Build, Build program …