The Philippines is the only emerging economy in Asia that is still facing elevated inflation risks amid the country’s vulnerability to supply-side shocks, according to economists. In a report, Nomura …
Exclusive-U.S military in talks to develop port in Philippines facing Taiwan
The U.S. military is in talks to develop a civilian port in the remote northernmost islands of the Philippines, the local governor and two other officials told Reuters, a move that would boost …
US In Talks To Build Port In Philippines Facing Taiwan To Counter China
The US military is in talks to develop a civilian port in the remote northernmost islands of the Philippines, the local governor and two other officials told Reuters, a move that would boost American …
Indonesian Nickel Smelters Turn to Philippines for Ore as Local Supply Tightens
(Reuters) – Nickel smelters in top producer Indonesia are making rare purchases of ore from the Philippines to ease tight supplies, people familiar with the matter said, upending trade flows of the …
Super typhoon Saola affects nearly 200,000 in Philippines
MANILA, Aug. 30 (Xinhua) — Super typhoon Saola has triggered floods and landslides in seven regions in the Philippines, affecting nearly 200,000 people, the government said on Wednesday. The National …
Mabuhay, Hallyu fans! Asia Artist Awards 2023 to be held in Philippines
MANILA, Philippines – It’s going to be a very merry Christmas for Filipino Hallyu fans! This year’s Asia Artist Awards (AAA) will be held in the Philippines on December 14 at the Philippine Arena in …
Coastguard rescues family with baby as Super Typhoon Saola floods homes in the Philippines
The coastguard rescued a family of seven, including a six-month-old baby, as Super Typhoon Saola flooded their home in the Philippines. Footage shows the rescue crew assisting the distressed villagers …
Super Typhoon Slams Philippines, Threatens Taiwan and Hong Kong
Taiwan shut offices and canceled flights across parts of the south on Wednesday as Super Typhoon Saola sweeps past the island’s southern tip, heading toward the Chinese coast after battering northern …
Think tank cuts Philippines growth forecasts
New York-based GlobalSource Partners lowered its economic growth forecasts for the Philippines for this year and next year amid elevated inflation, tight financial conditions and constrained monetary …
Rising rice and energy prices in the Philippines fuel inflation concerns
Philippine inflation hit a peak of 8.7% year-on-year in January 2023, driven by a mix of resurgent domestic demand and elevated global commodity prices. Inflation has since moderated to 4.7%YoY as of …