Dutch financial giant ING Bank expects a slower growth of 5.6 percent for the Philippines in the second quarter amid slowing growth momentum in tandem with mounting headwinds on the global front.
Tragedy in the Philippines: 21 dead as passenger boat capsizes in Laguna Lake amidst fierce winds
Tagedy struck Thursday as a passenger boat in the Philippines capsized in Laguna Lake, southeast of Manila, due to strong winds. At least 21 people lost their lives in the incident.
AirAsia pledges to invest $1B for expansion of operations in Philippines
Malaysia-based AirAsia has pledged to invest $1 billion to expand its operations in the Philippines. AirAsia’s Tony Fernandes made the pledge in a roundtable meeting with President Ferdinand “Bongbong …
Video shows Spanish navy vessel, not Philippines’ ‘first nuclear submarine’
A video has been viewed thousands of times alongside a false claim it shows the Philippines’ first nuclear submarine on a test dive in disputed waters in the South China Sea near the western island of Palawan.
PBBM’s Malaysia trip generates $235M in investment pledges
The Philippines secured about US$235 million worth of investment pledges from Malaysia’s business sector, President Ferdinand R. Marcos Jr. said Thursday.”The investment commitments that we have …
Typhoon Doksuri lashes China’s Fujian province after leaving 39 dead in the Philippines
Typhoon Doksuri made landfall in China’s southeastern coast on Friday, state weather agencies said, after the storm battered parts of the Philippines and killed at least 39 people, including dozens on …
PH-Malaysia partnership on halal to open jobs, biz opportunities
Speaker Ferdinand Martin G. Romualdez on Thursday said the partnership established between the Philippines and Malaysia in the halal industry would create more jobs and business opportunities for both …
Typhoon Doksuri kills at least five as Philippines battles floods and landslides
A powerful typhoon brought widespread flooding and landslides to the Philippines on Wednesday, killing at least one person, authorities in the country said.
Typhoon Heads for China After Hitting the Philippines and Grazing Taiwan
Typhoon Doksuri, which had packed winds equivalent to those of a Category 4 hurricane, is expected to hit China later this week. It also threatens Taiwan.
AIA Philippines expects volatile market until next year on US recession fears
AIA PHILIPPINES Life and General Insurance Co., Inc. is expecting the volatility of the stock market to last until next year amid lingering recession concerns and elevated borrowing costs in the …