Philippine GDP grows 5.2% in Q4 of ’24
The Philippine gross domestic product (GDP) grew 5.2 in the fourth quarter of 2024, resulting in a full-year growth…
Browsing Tag
Philippine
Philippines’ foreign reserves hit $112b in Sep. ’24
The Philippine foreign exchange reserves reached a new all-time high of $112.0 billion at the end of September…
ADB maintains 6% growth forecast for Philippines in ’24
The Asian Development Bank (ADB) kept its growth forecast for the Philippine economy at six per cent for 2024 and…
Philippines’ total outstanding debt surges to 15.69t pesos in July ’24
Philippines' debt has surged to 15.69 trillion pesos ($276.84 billion) in July 2024, marking a 1.3 percent increase…
Philippine budget deficit narrows to $512m in July
The Philippine government's budget deficit in July 2024 decreased to 28.8 billion pesos ($512.22 million) from 47.6…
Philippines poverty rate drops to 10.9% in ’23 – report
The Philippine Statistics Authority (PSA) has reported on Thursday that the national poverty rate among families…
Philippine c. bank amends FX regulations
The Philippine central bank approved amendments to FX regulations, to facilitate timely reporting by banks for…
Philippines’ JFC to acquire S. Korea’s Compose Coffee for $340m
Philippine Jollibee Foods Corporation (JFC) is acquiring a 70 per cent stake in South Korea's Compose Coffee, for…
Japan’s MUFG to invest $195m in Thai fintech firm
Japan's Mitsubishi UFJ Financial Group will invest $195 million in Ascend Money to grow its footprint in Southeast…
IMF praises Philippine economic resilience despite challenges
The International Monetary Fund (IMF) praised on Monday the Philippine economy’s resilience despite global…
Philippine peso weakens as c. bank signals policy shift
The Philippine peso dipped to its lowest level against the US dollar since November 2022, reflecting a shift in the…
Philippine police say 13 killed in one day of drug busts
Philippine police killed 13 suspected drug dealers and arrested more than 100 people in dozens of anti-narcotics…
Philippines Tropical Storm Tembin kills more than 100 on Mindanao
More than 100 people are reported to have been killed as a tropical storm swept through the southern Philippines,…
Philippine president declares Marawi liberated as battle goes on
Philippine President Rodrigo Duterte declared the southern city of Marawi liberated from pro-Islamic State…
Philippines’ Duterte asks head of human rights agency: ‘Are you a…
Philippine President Rodrigo Duterte taunted the head of the Commission on Human Rights (CHR) on Saturday, asking…
Philippines says will lift Uber suspension if hefty fine paid
The Philippine transport regulator said on Friday it would lift a one-month suspension on Uber Technologies Inc…
Philippine churches to ring bells to protest drug killings
A Philippine Catholic leader said Sunday that church bells would be rung every night for three months across his…
Singapore offers cargo plane, drones to help Philippines fight militancy
Singapore has offered a military transport airplane, drone surveillance aircraft and use of combat training…
Philippines is aiming for an energy boom with Duterte’s latest reform
Philippine President Rodrigo Duterte's latest attempt to reform the Philippine economy is a major change for the…
Philippine top cop says police try to save lives of drugs war victims
The Philippines' police chief on Friday stood by anti-narcotics officers and rejected a Reuters investigation…
Philippines says bodies of beheaded civilians found in rebel-held town
The decapitated bodies of five civilians have been found in a Philippine city occupied by Islamist rebels, the…
Philippines says Islamist fighters trapped in corner of besieged town
Islamist militants holed up in a southern Philippines town have been cornered and their firepower is flagging,…
Philippines says Islamist militants withdraw from school, no casualties
The Philippines military said Islamist militants who had holed up in a primary school in the south early on…
Philippines launches offensive in hope of recapturing Marawi by weekend festival
Philippine aircraft and troops launched a renewed push against Islamist militants in a southern city on Tuesday,…
Philippines says arrests senior member of ISIS-backed Maute group
The Philippines military said it arrested one of the Maute brothers on Thursday, a senior member of the Islamic…
U.S. joins battle as Philippines takes losses in besieged city
U.S. special forces have joined the battle to crush Islamist militants holed up in a southern Philippines town,…
Philippines says militants had planned much larger-scale attack
Philippines troops thwarted an original plan drawn up by the Islamist militants now holed up in Marawi City to…
Police identify lone gunman behind Philippine casino attack as a robber, not a terrorist
The lone gunman behind Friday's deadly attack on a casino in the Philippine capital has been identified as Jessie…
Philippines air strike on rebel positions kills 10 government troops
An air strike during Philippine military operations to drive Islamist rebels out of a southern city has killed 10…
Philippines puts city on lockdown over fears of militant infiltration
The Philippine city of Iligan was overflowing with evacuees and on lockdown on Monday over fears Islamist…
Blast in Philippine capital Manila kills two
An explosion in the Philippine capital on Saturday killed two people, police said, the second blast in the area in…
White House defends Trump invitation to Duterte despite human rights criticism
The White House on Sunday defended President Donald Trump's decision to invite Philippines President Rodrigo…
Philippine military says high-ranking Abu Sayyaf member killed
Philippine government troops have killed a senior member of the Abu Sayyaf rebel group instrumental in a spree…
Philippines’ president cancels visit to disputed South China Sea island
Philippines' President Rodrigo Duterte has canceled a planned visit to an island the Philippines claims in the…
Philippine court upholds guilty verdict on U.S. Marine in transgender woman’s…
The Philippine Court of Appeals has upheld a guilty verdict on a U.S. Marine for killing a transgender woman nearly…
Philippines urges Bangladesh to share results of heist investigation
The Philippine government wants Bangladesh to share the findings of its investigation into how unknown hackers…
Gunman shot influential Saudi preacher Qarni in Philippines
An influential Saudi Arabian preacher was shot and wounded in a southern Philippine city on Tuesday, police said,…
China warns Philippine military planes away from disputed sea area: Manila
China has warned Philippine air force and navy planes at least six times to leave areas around the disputed South…
Generators To Light Streets Of Philippine Typhoon Zone
Philippine engineers have salvaged generators from a flooded IT park to bring light back to some streets of…