Foreign investors in the Philippines will be able to lease private land for up to 99 years under a law signed this week, as the country looks to be more competitive in attracting offshore funding for …
Philippines News
The Philippines and China agreed to seek common ground and find ways to cooperate despite their disagreements i …
Royina Garma back in the Philippines
Retired police colonel Royina Garma, the former general manager of the Philippine Charity Sweepstakes Office (PCSO) sought for her alleged ties to the Duterte drug war and the murder of a senior …
Business groups seek probe into ‘excessive corruption’ in gov’t projects
More than 30 of the Philippines’ most influential business and civic organizations are calling for an independent investigation into what they describe as “excessive corruption” in government …
Leading digital bank leads launch of open finance for PERA pilot
Union Bank of the Philippines (UnionBank) became the first bank to go live during the ceremonial launch of the Open Finance for PERA (OFxPERA) Pilot led …
Customs faces P150 billion loss due to smuggling, says Philippines’ finance chief
THE Bureau of Customs (BOC) could lose around P150 billion in revenues this year due to smuggling, a Cabinet official said on Tuesday. “The estimate of the leakage for the year will be roughly P150 …
Customs faces P150 billion loss due to smuggling, says Philippines’ finance chief
THE Bureau of Customs (BOC) could lose around P150 billion in revenues this year due to smuggling, a Cabinet official said on Tuesday. “The estimate of the leakage for the year will be roughly P150 …
Unionbank pilots open finance for PERA accounts
ABOITIZ-LED Union Bank of the Philippines (Unionbank) was the first bank to officially go live at the launch of the Open Finance for Personal Equity and Retirement Account (OFxPERA) initiative. In a …
Philippines approves 99-year land leases for foreigners
The Philippines has allowed foreigners to lease land for up to 99 years, as the Southeast Asian nation seeks to lure investors with longer-term property contracts.
Philippines lets foreigners lease land for 99 years to boost investment
MANILA: The Philippines has allowed foreigners to lease land for up to 99 years, as the Southeast Asian nation seeks to lure investors with longer-term property contracts.