Tags Posts tagged with "Philippines"

Philippines

New Philippine Space Agency Seen To Capture $1.5-billion Market

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The planned Philippine Space Agency, or PhilSA, which has been announced last month by the country’s science and technology secretary, is expected to capture...
Filipinos Spend More Than 10 Hours Online Per – World Record

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The Philippines are topping the global country ranking of Internet usage per day with an average ten hours and 2 minutes of screen time....
Corruption Is Getting Worse In Asia, Report Shows

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With an average score of just 44 out of 100 for three consecutive years, the Asia-Pacific region is making little progress in the fight...
Formula 1 Readies To Add Philippines To Race Circus

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The Philippines is set to become the fourth Southeast Asian country to stage Formula 1 races after Malaysia, Singapore and Vietnam. British newspaper Independent...
Philippines Gdp Growth Slowest In Three Years

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The Philippine economy grew 6.2 per cent in 2018, missing the government’s growth target as price increases slowed consumer spending as well as business...
Asean Countries Welcomed 129 Million Tourists Last Year, Up 7.6%

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Close to 129 million tourists visited the ten member countries of the Association of Southeast Asian Nations (ASEAN) in 2018, which translates into a...
Go-Jek denied entry to the Philippines

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Indonesia’s Go-Jek suffered a setback to its expansion plans on January 9 after the transport regulator in the Philippines rejected its application to launch...
Vietnam ride-hailing service expands to Myanmar

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Vietnam’s first homegrown ride-hailing service, FastGo, has kicked off operations in Myanmar as part of its Southeast Asia expansion plans. The firm partnered with...
Philippines to sign OFW pact with Russia

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The Philippine Department of Labor and Employment (DOLE) is set to sign a bilateral agreement with Russia on the deployment of overseas Filipino workers...
China to build $4.4-billion steel complex in the Philippines

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The Philippine government on December 14 signed a memorandum of understanding with Chinese companies for the joint implementation of the “Philippine Iron and Steel...
Philippine digital economy expected to grow to $10 billion by 2025

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The Philippine e-commerce industry is poised for exponential growth, with its share of the Southeast Asian market expected to be worth $10 billion by...
Philippine fintech receives $215 million in country’s largest-ever startup funding

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One of the year’s largest fintech investments in Southeast Asia and the largest-ever in the Philippines has closed after Metro Manila-based Voyager Innovations announced...
Chinese firm to create 50,000 jobs in Mindanao

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Panhua Group, a Chinese steel company, will set up a steel factory  for $3.5 billion in investment at the PHIVIDEC Industrial Estate of the...
Service robots to assist shoppers in Metro Manila mega mall

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In a country-wide's first, SM Megamall in Mandaluyong, the Philippines’ second-biggest shopping center behind SM City North EDSA, will deploy robots starting from next...
Thailand’s economy slows, foreign investors on the sidelines

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Thailand's economy slowed in the third quarter this year as the trade war and a slowdown in tourism started to bite, prompting the government...
Chinese to invest $2 billion to build industrial park in Clark, Philippines

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Chinese construction and engineering company China Gezhouba Group will invest $2 billion to establish an industrial park in New Clark City in Pampanga province...
Finally: Imelda Marcos found guilty of graft, sentenced to prison

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The Philippines’ anti-corruption court on November 9 ordered the arrest of former first lady Imelda Marcos (89) after finding her guilty on seven counts...
“Mislatel” chosen as third Philippine telecom operator

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A consortium led by Davao-based businessman Dennis Uy in partnership with China Telecom has been declared the country’s third major player, which is expected...