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Tag: Philippines

Posted on November 8, 2024

Typhoon floods villages and damages two airports

Typhoon Yinxing batte­red northern Philippines with floods and landslides before blowing away from the nation, leaving two airports damaged and aggravating a calamity caused by back-to-back storms …

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Posted on November 6, 2024

Central Figure in Philippines COVID Corruption Scandal Spent $20M on Dubai Property

Two men with close connections to the administration of former Philippine President Rodrigo Duterte show up in leaked Dubai real estate data.

( read original story …)



Posted on November 6, 2024

EXPLAINER: How Will U.S. Election Results Affect the Philippines?

A WR Numero survey revealed Trump has a slight edge at 18.2% over Harris at 13.9% among Filipinos—but most respondents are still on the fence. Meanwhile, 51.9% said they weren’t familiar enough with …
Posted on November 3, 2024

Philippines RRR Cut Frees $7 Billion Into Economy in Loans Push

The Philippines unleashed nearly $7 billion into the financial system with the cut in banks’ reserve requirement taking effect Friday, funds that could further spur one of Asia’s fastest-growing …
Posted on November 3, 2024

London to support Philippines AI, climate finance goals

Manila has secured support from London in boosting the country’s artificial intelligence (AI) and climate financing. On the sidelines of the Philippine Economic Briefing in London, Finance Secretary …
Posted on November 3, 2024

U.S. Investment in the Philippines: More Than Meets the Eye

Though U.S.-Philippine economic ties are well documented, the day-to-day impact of the relationship in the Philippines is often underreported. The United States must enhance public awareness and …
Posted on November 3, 2024

Philippines could exit FATF grey list in early 2025

With big changes to its AML/CTF safeguards, the Philippines could be removed from the Financial Action Task Force grey list by February 2025.
Posted on November 3, 2024

Private investors drive blended climate finance to record $18.3 billion

A blended finance vehicle from the Asian Development Bank is paying to retire coal plants in Indonesia and the Philippines years ahead of …
Posted on November 2, 2024

Philippines reformed junket AML, site visit in 2025: FATF

On Friday the country’s Anti-Money Laundering Council (AMLC) issued a statement heralding the FATF’s update. It said the FATF’s Asia/Pacific Joint Group will visit the Philippines early next year, …
Posted on November 2, 2024

Philippines’ efforts to exit FATF grey list: A significant milestone in financial security

The Philippines is a step closer to exiting the Financial Action Task Force (FATF) grey list, the global anti-money laundering watchdog, according to the Anti-Money Laundering Council (AMLC). In a …

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