One receipt indicates that the OVP, in 2022, could have spent as high as P250,000 per day to rent a safe house, dwarfing the cost of an overnight stay in most five-star hotels in the Philippines …
GCash marks 20 years of pioneering digital financial inclusion in the Philippines and beyond
The Philippines’ top finance super app makes history as country’s only $5 billion unicorn MANILA, Philippines, Oct. 8, 2024 /PRNewswire/ — Rooted in its mission to democratize financial services …
Data-Driven Policy Decisions: Q&A With Philippines Central Bank Governor Eli Remolona
Eli Remolona: The BSP takes a data-driven approach to policymaking. The cut in rates in August was driven by our projections of inflation and growth based on the latest data on domestic conditions.
Billionaire Tan To Spend $261 Million On Project In Philippines’ North
Philippine spirits and property tycoon Andrew Tan will build a luxury resort and township in Laoag, a provincial capital 488 kilometers north of Manila, in …
Economists reject claim Philippines gold reserves sale means it is ‘running out of money’
Financial analysts in the Philippines have said the central bank’s recent sales of gold is part of a routine strategy to generate profits and manage the country’s foreign asset reserves, contrary to …
Apollo Quiboloy’s Senate bid tests ‘unholy’ grip of religion on Philippines politics
As his legal troubles mount, the Duterte-linked pastor’s candidacy blurs the lines between religious influence and political power Controversial Philippine evangelist Apollo Quiboloy’s bid for a …
Global trade at risk as tensions escalate in South China Sea
With China claiming almost all of the South China Sea, Beijing boats have been clashing with vessels of the Philippines and Vietnam, which have overlapping claims. These intensifying developments have …
DMCI Homes expands to Cebu City
DMCI Homes, the Philippines’ leader in resort-inspired developments, continues its expansion beyond Mega Manila and is now preparing to enter Cebu City’s …
Philippines condemns China’s attacks on Vietnamese fishermen amid rising tensions in South China Sea
The Philippines strongly condemned the violent actions of Chinese maritime authorities against Vietnamese fishermen near the Paracel Islands on September 29, which left 10 fishermen injured and …
Philippines’ lower house slashes vice president’s funding in proposed 2025 budget
The Philippines’ lower house of congress has slashed funding for Vice President Sara Duterte by nearly two-thirds in the proposed 2025 budget, as a deep split between Duterte and President Ferdinand …