MANILA, Philippines — The Department of Finance (DoF) said the government stands to lose “less than P10 billion” in revenues by further reducing tariff rates on rice temporarily—an amount that the …
Growth in Philippine vehicle output, sales accelerated in April
The Philippines’ vehicle manufacturing output grew by more than a fifth in April, bouncing back from the decline recorded in the previous month as sales growth also rebounded to …
Philippines attempts to ‘ground’ vessels at Xianbin Jiao in South China Sea: source
Experts said the Philippines’ unilateral ambitions cannot be realized, as it must consider the determination and capability of China and regional countries to maintain the status quo and peace in the South China Sea. Two PCG vessels have been dispatched …
Rainy season starts in Philippines after ‘cruel summer’
In a statement, PAGASA said the recent scattered rain showers, frequent thunderstorms, Typhoon Aghon (international name: Ewiniar), and the southwest monsoon (habagat) marked the onset of the rainy season in the country.
UN Special Advocate Queen Máxima commends GCash for helping advance financial inclusion in the Philippines
H.M. Queen Máxima of the Netherlands, who is visiting the Philippines this week in her role as the United Nations Secretary-General’s Special Advocate for Inclusive Finance for Development (UNSGSA), …
Manila Hosts Successful Philippines Traders Fair 2024, Bringing Global Financial Leaders Together
The Philippines Traders Fair, hosted by FINEXPO, successfully wrapped up an inspiring event at the prestigious Edsa Shangri-La, Manila on May 25, 2024.
Accused child rapist allegedly fled to Philippines extradited back to Spokane
John Minor, 43, of Spokane, is accused of raping a child he knew multiple times and frequently molesting another. Minor never appeared for his arraignment, and during his first appearance on May 28, the prosecutor confirmed he was found in the Philippines. Minor was arrested and extradited to Spokane.
PBBM to OFWs: Things looking up at home, try doing business in PH
President Ferdinand R. Marcos Jr. on Tuesday urged overseas Filipino workers (OFWs) to try investing in the Philippines by putting up their own businesses at home, citing the country’s improved …
Queen Máxima of the Netherlands Seeks to Improve Financial Inclusion in the Philippines
Could the Philippines Really Become a Trillion-Dollar Economy in the Next Decade? Financial inclusion in the Philippines was only at 17 percent when Queen Máxima visited the country in 2015, which, as …
Philippines, Brunei sign deals on maritime, tourism, agri sectors
The Philippines on Tuesday signed three deals and a letter of intent during the two-day state visit of President Ferdinand Marcos Jr. here to generate more jobs and accelerate economic transformation.