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…
Browsing Tag
Philippines
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…
US urges China to revise policies impacting new industries
US Treasury Secretary Janet Yellen warned China that the US will not tolerate new industries being harmed by…
Philippines’ foreign reserves surge to $104b in March
The Philippines' gross international reserves (GIR) increased to $104 billion at the end of March from $102 billion…
Philippines considers $10.4b borrowings in Q2
The Philippines plans to raise up to 585 billion Philippine pesos ($10.4 billion) through treasury bills and bonds…
US firms plan to invest up to $1b in Philippines
US companies plan to invest over $1 billion in the Philippines, focusing on solar energy, electric vehicles, and…