The Philippines will continue to use interest rates to mitigate against inflation and may step in to defend a depreciating peso, President Ferdinand Marcos Jr said on Tuesday.”We may have to defend …
Philippines looking at market intervention to defend peso – govt officials
The Philippines will continue to use interest rates to mitigate against inflation and may step in to defend a depreciating peso, President Ferdinand Marcos Jr said on Tuesday.”We may have to defend …
Philippines town gives taxis a lift as floods become norm
In a town in northern Philippines where floods have become a perennial problem, motorcycle taxi drivers have modified their vehicles to keep passengers dry and high above the floodwaters.
The best financial advice
There were many victims of the nearly two-year long Covid lockdowns. The proverbial “Poster Boy” in the Philippines might be Mr. Dennis Ang Uy, whose financial and business “empire” was thwarted by …
‘Not just a climate change statistic’: Derek Cabe on the frontline of the climate crisis in the Philippines
Fuelled by climate change, the outcome is a cycle of never-ending devastation, recovery, and rebuilding. I ask myself; how can we secure our lives and the future of our children when faced with this …
7 soldiers dead, 7 injured in truck accident in Philippines
Seven other soldiers were injured in the accident Sunday night in the coastal town of Uson in Masbate province while they were on their way back to their detachment after receiving food and other …
Dramatic flood rescues ensue in Philippines, Taiwan following astronomical rainfall
A powerful tropical cyclone brought flooding rainfall to the Philippines and Taiwan over the weekend. AccuWeather forecasters say some areas recorded staggering rainfall amounts in excess of several …
US to extend $100-M military financing to Philippines after Russia chopper deal nixed
The United States is set to extend $100 million in foreign military financing to the Philippines following the government’s cancellation of a billion-peso helicopter deal with Russia. In JP Soriano’s …
Work starts next year on Philippines’ North-South Commuter Railway
The Department of Transportation in the Philippines says that construction of the 142km North-South Commuter Railway (NSCR) will begin by February 2023.
BPO Philippines: A shrewd business decision
Since 1992, the proven money-saving measure of outsourcing to the Philippines has made one fact abundantly clear: Business Process Outsourcing (BPO) makes good business sense. “If it didn’t, heavy …