The Philippines’ debt-to-gross domestic product (GDP) ratio ballooned to a fresh 17-year high as of the third quarter of 2022, data from the Bureau of the Treasury (BTr) showed. As of end-September …
Marcos: Many businesses in Cambodia expressed interest in Philippines
Many businesses in Cambodia have already expressed interest in investing in the Philippines, according to President Ferdinand “Bongbong” Marcos Jr. In a video message filmed Thursday night, Marcos …
In Philippines, a push to preserve accounts of life under martial law
After the victory of Ferdinand Marcos Jr. in the Philippines, many are rushing to safeguard archives and promote public history.
Australian who sexually abused children in the Philippines given 129-year jail term
An Australian man already sentenced to life in prison in the Philippines for human trafficking and rape has been given an extra 129-year sentence for sexually abusing children as young as 18 months, …
Asia week ahead: Central banks in Indonesia and the Philippines to hike rates
Bank Indonesia will likely hike rates by 50bp to help steady the Indonesian rupiah, which has been under some pressure of late. The third-quarter GDP growth report was better than expected, giving the …
Marcos invites Cambodia business leaders to invest in Philippines
President Ferdinand “Bongbong” Marcos Jr. made a pitch to business leaders in Cambodia on Thursday to invest in the Philippines, saying the government needs partners from the private sector to …
Philippines saved P4.5B in fossil fuel costs through solar generation — report
The report said that while the increase in the solar capacity of the Philippines and Thailand is marginal, the avoided fuel cost is “still notable.” …
Beating expectations, Philippines posts faster Q3 growth despite inflation
The third quarter figures were a callback to the previous period’s outturn since inflation robbed consumers of what little spending power they had.
Philippines posts 7.6% GDP growth in Q3 2022, beating estimates
Following the surprising GDP figure for the third quarter of 2022, Socioeconomic Planning Secretary Arsenio Balisacan says the Philippines is likely to hit its full-year growth target …
Humble keeps excess inventory out of the Philippines’ landfills
Excess inventory, including returned items, from e-commerce, logistics and retail companies often end up being disposed. Manila-based Humble Sustainability is a circular economy startup that wants to …