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 …
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 …
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 …
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 …
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 …
US Ally Mounts Fresh Challenge to China at Disputed Territory
The Philippines’ coast guard chief said withdrawal of the BRP Teresa Magbanua was unrelated to a recent round of talks with China.
One of China’s neighbors says it’s pulled a key patrol vessel out of the South China Sea after a 5-month standoff
The Philippines says it’s withdrawn one of its key patrol vessels from waters around the disputed Sabina Shoal, where tensions have risen with China.
Conflict between China, Philippines could involve U.S. and lead to a clash of superpowers
The U.S. could be drawn into a conflict between China and the Philippines that’s been roiling the South China Sea.
Philippines says had ‘frank, candid’ talks with China on South China Sea
The Philippines reaffirmed its position on Sabina Shoal in the South China Sea even as it agreed with China to explore ways to lower the tension in area, its foreign ministry said on Thursday.
Fugitive Televangelist Wanted by F.B.I. Is Caught in the Philippines
Weeks of tense standoff in the Philippines have ended in the capture of a pastor accused of leading an international ring of sex abuse and trafficking of young women and girls.