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Tag: Philippines

Posted on January 3, 2025

Philippine cbank says 2024 C/A deficit wider than expected

The Philippines current account deficit for 2024 will be much wider than previously expected, the central bank said on Friday, and the gap is projected to increase in 2025 due to geopolitical shocks …
Posted on January 2, 2025

DOF lauds state-run banks for strong financial standing

The Department of Finance (DOF) has commended the Land Bank of the Philippines (Landbank) and the Development Bank of the Philippines (DBP) for maintaining robust financial positions, despite their …
Posted on January 2, 2025

DOF lauds state-run banks for strong financial standing

The Department of Finance (DOF) has commended the Land Bank of the Philippines (Landbank) and the Development Bank of the Philippines (DBP) for maintaining robust financial positions, despite their …
Posted on January 2, 2025

LandBank, DBP on ‘solid financial footing’ – Finance chief

Land Bank of the Philippines (LandBank) and Development Bank of the Philippines (DBP) — remain financially sound, a Cabinet official said, amid concerns raised by the International Monetary Fund (IMF) …
Posted on January 2, 2025

Suspected Chinese underwater spy drone found by fishermen in waters off the Philippines

Officials said the drone was not armed, but the police report listed “potential national security implications” as one significance of its recovery.
Posted on January 2, 2025

Suspected Chinese underwater spy drone found by fishermen in waters off Philippines: “Potential national security implications”

Officials said the drone was not armed, but the police report listed “potential national security implications” as one significance of its recovery.
Posted on January 2, 2025

Man behind deadly ‘Goodbye Philippines’ incident in Talisay surrenders

The man who reportedly lit a powerful illegal firecracker called Goodbye Philippines that caused the death of a 10-year-old boy in Talisay City, Cebu has surrendered. Mayor Gerald Anthony “Samsam” …
Posted on January 2, 2025

Legal cases loom over Philippines’ allegedly unconstitutional 2025 budget

Civil society groups decry cuts in health and education allocations in the new budget. Read more at straitstimes.com.
Posted on January 2, 2025

Philippines recovers suspected Chinese submarine drone

MANILA: A submarine drone suspected to be from China was recovered in waters off the central Philippines, police said on Thursday (Jan 2), warning of “potential national security implications”. Three
Posted on January 1, 2025

IMF: Philippines faces challenges in business, demographics

The Philippines is grappling with critical gaps in its business environment, infrastructure and labor market, which threaten its potential to attract private investment and boost productivity growth, …

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