Regulators in The Philippines think their country has a gambling problem that requires treatment. Unfortunately for gambling firms, they’re not bluffing. The Southeast Asian country said Monday that …
Vietnam braces for Typhoon Noru as Philippines cleans up in its wake
Vietnam urged more people on Tuesday to evacuate as an intensifying Typhoon Noru barrelled towards the southeast Asian nation, after causing at least eight deaths and widespread flooding in the …
Philippines invites US firms to Philippines
The Philippines is encouraging global companies based in the US to be partners of the government in boosting the country’s economic growth, according to the Department of Trade and Industry.
IMF slashes Philippines growth forecasts
The International Monetary Fund sees the Philippines’ real gross domestic product growing by 6.5 percent in 2022, but slowing to five percent in 2023 as global shocks weigh on the economy in the …
Homes in Philippines Flooded in Aftermath of Deadly Typhoon Noru
Typhoon Noru left swaths of farmland in the northern Philippines flooded, and at least five dead, as it moved west off the island chain on Monday, September 26.The country’s largest and most populous …
Philippines to shut 175 offshore gambling firms, deport 40,000 Chinese workers
The Philippines will stop operations of 175 offshore gambling firms and deport about 40,000 Chinese workers, a justice ministry official said on Monday, part of a crackdown on the notoriously opaque …
Typhoon Noru smashes into the Philippines, killing 5 and leaving villages in tatters
By Jessie Yeung and Jan Camenzind Broomby, CNN People in the northern Philippines were bracing for landslides on Monday after five rescue workers were killed in the aftermath of Typhoon Noru, which …
IMF Cuts 2022, 2023 Growth Forecast for Philippines
The IMF said economic growth in the Southeast Asian country this year would hit 6.5%, weaker than its previous forecast of 6.7%, while growth next year is seen at 5.0%, also slower than its earlier …
IMF Cuts 2022, 2023 Growth Forecast for Philippines
The IMF said economic growth in the Southeast Asian country this year would hit 6.5%, weaker than its previous forecast of 6.7%, while growth next year is seen at 5.0%, also slower than its earlier …
Philippines economy seen growing 6.5% in 2022, 5.0% in 2023 – IMF
Economic growth in the Philippines will likely hit 6.5% this year and 5.0% in 2023, the International Monetary Fund said on Monday.