According to the BSP, over 50% of retail payments in the Philippines are now digitised, reflecting the rapid adoption of digital finance. The digital financial sector contributed 8.4% to the …
Philippines farm output declines in Q3, could weigh on growth
Farm output in the Philippines declined by the most in nearly four years in the third quarter, the statistics agency said on Wednesday, a reading which does not bode well for economic growth in the …
Philippines farm output declines in Q3, could weigh on growth
Farm output in the Philippines declined by the most in nearly four years in the third quarter, the statistics agency said on Wednesday, a reading which does not bode well for economic growth in the …
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 …
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.
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 …
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 …
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 …
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 …
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.