The World Bank (WB) cut its growth forecasts for the Philippines to below 6 percent, joining others in downgrading their outlook amid the unprecedented global trade uncertainty. In its Regional …
‘More financing support needed amid global risks’
The Philippines has called on multilateral institutions to step up financing support to developing nations amid rising global challenges and risks.
Philippines orders probe into alleged interference in elections despite China’s denial
Probe follows National Security Council’s remarks that ‘information operations are being conducted that are Chinese state-sponsored in the Philippines and are actually interfering in the forthcoming e …
Why the Philippines is unlikely to reach upper middle-income status by 2025
The Philippine government had been optimistic about reaching upper middle-income status by 2025—until global uncertainties emerged.
3 in 5 German firms in Philippines still optimistic
About three in every five, or 58 percent, of German companies operating in the Philippines are optimistic, saying their business situation is “better.” This was based on the results of the Spring 2025 …
Policies in place to combat money mules, digital vote-buying
Modern problems require modern solutions—this has never been truer in the face of cyber scams. In the Philippines, we are constantly confronted with different fraudulent …
Philippines condemns tourist massacre in India’s Kashmir
The Philippines has joined other nations in condemning the deadly attack that killed 26 people in India-administered Kashmir.
The new CEO of the Philippines’ largest telco says his Nigeria and India experience taught him to ‘never underestimate’ any market
Carl Raymond Cruz, the new CEO of Globe Telecom, also admits his “bias” for Indian companies, thanks to their “rigor” and “operational intensity.” …
Philippines 2nd biggest ADB recipient
The Philippines received the second biggest amount of financial assistance from the Asian Development Bank (ADB) last year, securing $6.02 billion.
Better biz outlook for German firms in PH amid headwinds
MANILA – German firms operating in the Philippines expect better business development over the next 12 months, the AHK World Business Outlook Survey Result Spring 2025 showed. In the latest survey, 65 …