For these to materialize, Secretary Recto reported that the Philippines is now aggressively addressing various bottlenecks. Game-changing reforms are being put on stream to address the issues of red …
US-China meeting, Marcos speech in spotlight at security summit
The Shangri-La Dialogue summit began on Friday with the U.S. and China defence chiefs holding their first face-to-face meeting in two years and the Philippines’ president set to give a speech expected …
Solar Company IPO Shows Growing Bets on Philippines Green Energy
Citicore Renewable Energy Corp. aims to build more solar power plants to secure over half of the Philippines’ total capacity in five years, its chief executive said, as the company joins a growing …
Philippines’ non-life sector resurfaces to ‘stable’ outlook: AM Best
Higher domestic interest rates are expected to accelerate investment yields. The Philippines’ non-life insurance market has gotten out of the negative waters and into a safer shore amidst high …
Philippines eyes four key investment sectors for Brunei business leaders
The Philippines is looking at four key sectors in investment opportunities for Brunei’s business leaders in agribusiness and food processing, renewable energy, Islamic finance and halal industry, …
Philippines Faces Cybersecurity Talent Crisis Amid Rising Hacking Incidents
The Philippines is experiencing a severe shortage of cybersecurity professionals as hacking incidents rise, driven by tensions with China. Despite the launch of a national cybersecurity strategy, …
DOF: Rice tariff cut to cost Philippines ‘less than P10B’
MANILA, Philippines — The Department of Finance (DoF) said the government stands to lose “less than P10 billion” in revenues by further reducing tariff rates on rice temporarily—an amount that the …
Growth in Philippine vehicle output, sales accelerated in April
The Philippines’ vehicle manufacturing output grew by more than a fifth in April, bouncing back from the decline recorded in the previous month as sales growth also rebounded to …
Philippines attempts to ‘ground’ vessels at Xianbin Jiao in South China Sea: source
Experts said the Philippines’ unilateral ambitions cannot be realized, as it must consider the determination and capability of China and regional countries to maintain the status quo and peace in the South China Sea. Two PCG vessels have been dispatched …
Rainy season starts in Philippines after ‘cruel summer’
In a statement, PAGASA said the recent scattered rain showers, frequent thunderstorms, Typhoon Aghon (international name: Ewiniar), and the southwest monsoon (habagat) marked the onset of the rainy season in the country.