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Tag: Philippines

Posted on October 6, 2024

Philippines’ lower house slashes vice president’s funding in proposed 2025 budget

The Philippines’ lower house of congress has slashed funding for Vice President Sara Duterte by nearly two-thirds in the proposed 2025 budget, as a deep split between Duterte and President Ferdinand …

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Posted on October 6, 2024

In the Philippines, costly marriage annulments spur calls to allow divorce

Bill to legalise divorce offers hope to Filipino women currently relying on expensive and lengthy annulment process.
Posted on October 6, 2024

Minding the Gap: A High Schooler’s Mission to Simplify Finance for Filipinos

Discover how Erich Paredes is revolutionising financial education in the Philippines with her platforms Cash Compass and Health Finder. Learn more!
Posted on October 6, 2024

Philippines levies 12% VAT tax on digital services by tech giants

The Philippines will impose a 12% value-added tax (VAT) on digital services offered by tech giants such as Amazon , Netflix , Disney , and Alphabet , in a move that will level the playing field with …
Posted on October 6, 2024

Philippines levies 12% VAT tax on digital services by tech giants

The Philippines will impose a 12% value-added tax (VAT) on digital services offered by tech giants such as Amazon , Netflix , Disney , and Alphabet , in a move that will level the playing field with …
Posted on October 6, 2024

IFC invests in PH tech firm to expand financial services for SMEs

The International Finance Corporation (IFC) has invested USD7 million into First Circle to expand digital financial services for small and medium-sized enterprises (SMEs) in the Philippines. Aside …
Posted on October 6, 2024

IFC invests in PH tech firm to expand financial services for SMEs

The International Finance Corporation (IFC) has invested USD7 million into First Circle to expand digital financial services for small and medium-sized enterprises (SMEs) in the Philippines. Aside …
Posted on October 6, 2024

PH financial assets posted fastest growth of 13.2% in 2023—global report

The Philippines, among the less affluent economies in Asia, posted a 13.2-percent growth in net financial assets to 1,940 euros per capita in 2023, based on the 15th edition of the “Global Wealth …
Posted on October 4, 2024

Philippines Accuses China of Assaulting Vietnamese Fishermen in South China Sea

MANILA (Reuters) – The Philippines accused Chinese maritime officials on Friday of carrying out an “unjustified assault” on Vietnamese fishermen in the contested waters of the South China Sea, adding …
Posted on October 4, 2024

IMF Staff Concludes Visit to the Philippines

An International Monetary Fund team led by Ms. Elif Arbatli Saxegaard held meetings in Manila during June 4-10, 2024, to discuss recent economic and financial developments and the outlook for the Phil …

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