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…
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Philippines
Philippines’ foreign investments surge 220.7% YoY in Q2
Philippines total foreign investments (FI) reached PHP 189.50 billion in the second quarter, a significant 220.7…
Philippines in talks with JPMorgan for peso bonds inclusion
The Philippines is currently in discussions with JPMorgan Chase & Co. to include its peso bonds to the US…
Philippines inflation 4.4% up in July, casting doubt on rate cut
The Philippines' inflation rate unexpectedly climbed to 4.4 per cent in July, the Philippine Statistics Authority…
IFC, EU join forces to boost Philippines’ green transition
The IFC and EU are collaborating to speed up the Philippines' green transition by promoting private sector…
SE Asia likely to outpace China in economic growth, FDI
A study predicts that Southeast Asia will outpace China in economic growth and foreign direct investment (FDI) in…
US Equinix expands Philippine footprint with 3 data centre deal
The US-based company Equinix has announced on Tuesday the acquisition of three data centres in the Philippines from…
Philippines, China agree on resupply for beached ship
The Philippines and China have reached a "provisional arrangement" for resupplying a beached Philippine naval ship.
Philippines c. bank remains open to rate cuts
BSP Governor Eli Remolona is prepared to cut interest rates in August, despite recent inflation.
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…
