Philippines’ tobacco market declines in 2024 as smoking prevalence drops. Higher cigarette taxes raise retail prices, deterring consumption amid economic challenges. Economy brands thrive. The report …
Philippines biodiversity hotspot pushes back on mining
A nickel stockpile towers over farmer Moharen Tambiling’s rice paddy in the Philippines’ Palawan, evidence of a mining boom that locals hope a new moratorium will tame. For some in Palawan, the demand …
Alibaba Cloud announces new data centres in Malaysia, the Philippines
Alibaba Cloud, the cloud computing arm of Chinese tech giant Alibaba Group, announced the opening of its third data center in Malaysia on Tuesday and disclosed plans to launch a second data center in …
Alibaba Expands AI Cloud Services in Malaysia, Philippines
Alibaba Group Holding Ltd. is adding new data centers in Malaysia and the Philippines in pursuit of AI-driven growth.
Philippines’ net external liabilities rise to $69B
The Philippines’ international investment position (IIP) was pegged at a net external liability of $69.3 billion at the end of March this year. This was 5.8 percent higher than the $65.5 billion three …
Philippine factory activity recovered in June
MANILA, Philippines – Local factory activity came back to life in June after suffering from a notable loss in the preceding month, as resurgent demand revved up production and job creation in the …
Philippines net external liability widens in Q1
The country’s net external liability widened in the first quarter as foreign investments in the Philippines outpaced local investments abroad, data from the Bangko Sentral ng Pilipinas showed.
British Chamber presents economic outlook at the Philippine-British Investment Forum
The British Chamber of Commerce Philippines (BCCP) presented the Philippine economic outlook and an overview of the Philippine-UK trade relations at the Philippine-British Investment Forum on June 27, …
Philippines Economic Update, June 2025: Small Business, Big Impact – Catalyzing Philippine Growth
The Philippines economy posted robust growth in early 2010, in part due to large one-off factors. As did many countries in the region, the Philippines benefited from a strong rebound in global …
China sanctions former Filipino lawmaker who defended Philippines’ South China Sea claims
China has sanctioned a former Filipino lawmaker, Francis Tolentino, who sponsored legislation that marks out the Philippines’ territorial claims in the disputed South China Sea.