Wirecard shares fell by more than 40% as two Philippine banks said the German payments company, which is scrambling to find $2.1 billion missing from its accounts, was not a client and alleged that …
Almost four out of ten of Philippines’ poorest towns have no doctors -DOH
Almost four out of ten of the country’s poorest towns have no doctors, an official of the Department of Health told a Senate inquiry on Friday. Health Undersecretary Roger Tong-An added that 36 …
The BTS edition of the Samsung Galaxy S20+ is coming to the Philippines
Samsung Philippines is bringing to the Philippines the special BTS Edition of the SAMSUNG Galaxy S20+, as well as a BTS version of the Galaxy Buds+. The BTS Galaxy 20+ features a purple exterior and …
Philippines climbs one spot to 45th in world competitiveness report despite pandemic
The Philippines has climbed a notch in Swiss business school International Institute for Management and Development’s (IMD) World Competitiveness Yearbook this year, despite the challenges brought by …
The Guardian view on the Philippines and Maria Ressa: an attack on democracy
The conviction of the veteran journalist is a frightening indication of the country’s direction under Rodrigo Duterte …
Search for Wirecard’s missing $2.1B in Philippines comes up empty
Two Philippine banks that were said to be holding $2.1B for Wirecard (OTCPK:WRCDF) (OTCPK:WCAGY) say they don’t have the money and that documents claiming the existence of accounts at the banks …
Philippines’ external debt down 2.6% in Q1 to $81.4 billion — BSP
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.