MANILA, July 11 (Reuters) – The Philippines posted a trade deficit of $4.39 billion for May, preliminary official data showed on Tuesday.
Philippines and World Bank sign US$600mil loan to enhance agriculture and fisheries sectors
The Philippines’ Department of Finance (DOF) and the World Bank (WB) have signed a loan agreement of US$600 million to fund a rural development project that will modernise agriculture and improve …
Philippines’ young population set to meet global workforce needs — economist
The Philippines is positioned to provide the world with the much-needed workforce in the coming decades, an economist from the World Bank said.
Philippines aims for “A” investment grade rating for sovereign debt by 2028
The Philippines is aiming for a solid A investment grade rating for its debt score before the end of President Ferdinand Marcos Jr.’s term, his finance secretary said.
Young Population Gives Philippines Edge on Global Workers Supply
Unlike its wealthier neighbors like Japan and South Korea, an aging society is likely to be the least of the Philippines’ problems in the next decades, making it capable of supplying the world with …
The Struggle to Save the Philippines’ Architectural Heritage
The recent blaze at the Manila Central Post Office highlighted the challenges in keeping the depredations of time and private commercial interests at bay.
Video Shows Building on Fire in the Philippines, Not Sweden or France
A video showing a huge building on fire is going viral on social media with two misleading claims. The first claim: It states that Alcazar Library in Marseille, France was set ablaze during the recent …
New Agrarian Emancipation law hailed: Philippines
The new law condoned all loans incurred by ARBs, including interests, penalties and surcharges. Up to 610,054 ARBs owed the Land Bank of the Philippines a total of P57.56 billion in loans. This covers …
Philippines signs fresh $600-M loan with World Bank
The Philippines has inked a new $600-million loan agreement with the World Bank to bring the country’s total loan and grant commitments from the multilateral lender to an estimated $7.94 billion, the …
Philippines signs fresh $600-M loan with World Bank
The Philippines has inked a new $600-million loan agreement with the World Bank to bring the country’s total loan and grant commitments from the multilateral lender to an estimated $7.94 billion, the …