Finance Secretary Frederick Go cited the need to sustain gains after the Philippines became an upper-middle-income country. The transition “is an …
Fintech Unicorn GCash To Raise $1.5 Billion In What Could Be The Philippines’ Biggest IPO
GCash was originally launched by Globe Telecom in 2004 as a text messaging-based payments platform before becoming one of the Philippines’ biggest fintech playets.
South Korean Marines join KAMANDAG 10 in Philippines
South Korean Marines joined KAMANDAG 10 in the Philippines for amphibious, jungle and live-fire drills and exchanges on KAAV maintenance skills.
Timelapse shows ‘minor eruption’ of Philippines volcano
Observers at the Taal Volcano in the Philippines called this a “minor phreatomagmatic eruption,” but spectacular footage showed a pretty major impact on the crater lake.
Philippines reaches upper-middle income status — World Bank
The World Bank upgrade marks a long-sought economic milestone for the Philippines, but high prices, underemployment, and income inequality continue to plague millions of Filipinos …
Go welcomes Philippines’ upper middle-income status
MANILA, Philippines – Finance Secretary Frederick Go welcomed the Philippines’ attainment of upper middle-income status, saying the milestone reflects the country’s strong economic fundamentals. “The …
Philippines Sees Slower Growth, Weak Peso Beyond Marcos’ Term
The Philippines has cut its economic growth targets and sees a weaker peso beyond the end of the term of President Ferdinand Marcos Jr. in 2028 amid headwinds such as the Middle East tensions and an …
LIXIL celebrates Philippine real estate excellence at the exclusive IPA Thanksgiving Dinner
MANILA, PHILIPPINES – Global water technology pioneer LIXIL, the headline sponsor of the prestigious International Property Awards (IPA), successfully hosted an exclusive local thanksgiving dinner and …
Philippines leads the world in rush to solar as power prices soar
By Sudarshan Varadhan, Ruth Chai and Adrian Portugal SINGAPORE/MANILA, June 29 (Reuters) – People in the Philippines are flocking to install solar power on rooftops and escape the burden of soaring …
Ant International-Backed Fintech Unicorn Files for Philippines’ Largest-Ever IPO
A Philippine fintech unicorn backed by Ant International is planning to raise up to $1.5 billion in an initial public offering that, if successful, would be the country’s largest-ever listing.