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Tag: Philippines

Posted on March 14, 2024

Philippines gets $5 bln in investment pledges from German, US companies

The Philippines secured about $5 billion worth of investment pledges from German and American firms this week in sectors such as healthcare and energy, potentially big wins for the country as it …
Posted on March 14, 2024

Philippines gets $5 bln in investment pledges from German, US companies

The Philippines secured about $5 billion worth of investment pledges from German and American firms this week in sectors such as healthcare and energy, potentially big wins for the country as it …
Posted on March 14, 2024

Hundreds rescued from love scam centre in the Philippines

Hundreds of people have been rescued from a scam centre in the Philippines that made them pose as lovers online. Police said they raided the centre on Thursday and rescued 383 Filipinos, 202 Chinese …
Posted on March 14, 2024

Unprogrammed appropriations boosted 2023 budget of Philippines

The government has included a P374-billion additional program, on top of the P5.268 trillion national budget in 2023, the bulk of which were unprogrammed appropriations. Latest data from the …
Posted on March 14, 2024

Philippines’ pre-need industry premiums surge 7.3% YoY in 2023

The industry witnessed a 385% rise in net income. The Philippines’ total premium income collected by pre-need companies reached ₱22.7b by the end of 2023, marking a 7.3% year-on-year (YoY), data from …
Posted on March 14, 2024

ICC Has No Authority to Probe Philippines, Marcos Tells Germany’s Scholz

MANILA (Reuters) – Philippine President Ferdinand Marcos Jr. told German Chancellor Olaf Scholz the Hague-based International Criminal Court (ICC) has no authority to probe his predecessor’s deadly …
Posted on March 13, 2024

Recto says Philippines to be 14th biggest economy by 2050

Finance chief Ralph Recto sees the Philippines’ potential to be the 14th biggest economy in the world by 2050. In a press conference on Wednesday, Recto said the country is, in fact, on track to …
Posted on March 13, 2024

Philippines gets $5 billion in investment pledges from German, US companies

The Philippines secured about $5 billion worth of investment pledges from German and American firms this week in sectors such as healthcare and energy, potentially big wins for the country as it …
Posted on March 13, 2024

Nearly 8 in 10 in Philippines Would Fight Over China-Claimed Territory

Manila is stepping up patrols in disputed waters and embarking on a decade-long military modernization campaign as tensions in the South China Sea escalate.
Posted on March 13, 2024

KKR to invest $400 million in Philippine telecoms tower business

Private equity firm KKR & Co will invest $400 million in telecoms tower operations and expansion in the Philippines, the U.S. Department of Commerce said on Wednesday, among a slew of deals in a $1 …

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