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Tag: Philippines

Posted on October 18, 2024

Philippines’ insurance sector smaller than other financial services

The industry generated total revenues of $8.14b in 2022. Preliminary results showed that there are 1,830 insurance establishments operating in the Philippines, representing 4.3% of the total financial …
Posted on October 18, 2024

Paedophile paid poor women in Philippines to livestream sex abuse of kids as young as two

Cesar Cordero Conejo, 39, from Ilford, was investigated by National Crime Agency officers, after being identified by international law enforcement agencies as a UK-based offender obtaining child …
Posted on October 17, 2024

House probe: Sara Duterte-led OVP’s expensive rental of safe houses flagged

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 …

( read original story …)



Posted on October 17, 2024

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 …
Posted on October 17, 2024

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.
Posted on October 14, 2024

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 …

( read original story …)



Posted on October 13, 2024

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 …
Posted on October 13, 2024

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 …

( read original story …)



Posted on October 11, 2024

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 …
Posted on October 7, 2024

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 …

( read original story …)



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