The Philippines broke its streak of dollar deficit to post its largest balance of payments (BOP) surplus in five months in February, mainly due to inflows from the Marcos administration’s foray into …
Philippines nabs alleged Chinese spies amid South China Sea tensions
MANILA — The Philippines has made a flurry of arrests of Chinese nationals on suspicion of spy activity this year, with officials concerned that Beijing is working to collect government and military …
‘Philippines third most heat-impacted country in Asia’
MANILA, Philippines — The Philippines is the third most heat-impacted country in Asia, based on nonprofit Climate Central’s report. Thirty-seven of 51 Asian countries experienced abnormal warming, …
How infrastructure is reshaping housing choices in the Philippines
The way Filipinos choose where to live is changing, and infrastructure development is at the heart of this transformation. With an estimated P1.54 trillion allocated to major infrastructure projects …
Philippines eyes expansion of Squad to include India, South Korea
The Philippines and its allies are trying to expand the Squad grouping of nations to include India and South Korea to counter China in the Indo-Pacific region, the Philippines’ Armed Forces chief …
China fuels Philippines pineapple exports to record $787 million earnings in 2024
China’s growing appetite for pineapples pushed the Philippines’ export of the prized commodity to record earnings of almost $800 million last year, the Philippine Statistics Authority (PSA) said.
Rate cuts to help Philippines hit 7% growth, finance chief says
MANILA] The Philippine economy can grow as much as 7 per cent this year, aided by interest-rate cuts that will support investment and consumption, according to Finance Secretary Ralph Recto who also …
Household financial asset ownership rises in Philippines – survey
More Filipino households now own financial assets, with ownership rates improving significantly during the COVID-19 pandemic, according to the Bangko Sentral ng Pilipinas (BSP). Based on the latest …
Property sector ‘unfazed’ by political noise — Colliers
The Philippines’ property sector is not being distracted by the ongoing political noise in the country following the arrest of former president Rodrigo Duterte to face crimes against humanity before …
The arrest of the Philippines’ former president leaves the country’s drug war in disarray
Rodrigo Duterte was arrested by the International Criminal Court on March 11 on the charge of “murder as a crime against humanity.” But while the Philippines’ ex-president may face punishment for his …