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Philippine government

Duterte’s fatigue opens avenues for Marcos as new Philippine president

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Philippine President Rodrigo Duterte, who is 73, could step down if the son of former dictator Ferdinand Marcos succeeds in overturning his 2016 vice...
Bank secrecy is dead – also for the Philippines?

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The Organisation for Economic Cooperation and Development (OECD), an international economic grouping of 34 countries, has urged the Philippines to lift its bank secrecy...
Slowing remittance growth from Filipino workers cause for concern

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Slowing growth of remittances sent by Overseas Filipino Workers (OFWs) to their home country have alerted economists that there might be a sustained weakness...
Philippine indigenous tribe approves solar power project

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The Philippines’ indigenous Ayta community has signed an agreement that paves the way for the construction of a pioneering renewable energy facility on their...
Toyota sees Philippine car market expanding to 300,000 units by 2015

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Toyota Motor Philippines Corp. (TMP) said it expects sales of all automakers in the Philippines to hit 300,000 units by the end of 2015...
Philippines to spend nearly $4 billion on rebuilding after typhoon Haiyan

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The Philippine government plans to spend nearly $4 billion to rehabilitate areas devastated by super typhoon Haiyan last year, a senior adviser to President...
World Bank, IFC commit $4.2 billion to Philippines

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The World Bank said on July 15 that it and its private sector arm have committed concessional loans of up to $4.2 billion to...
Philippines sets third quarter domestic borrowing plan at $3b

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The Philippine government plans to raise as much as 135 billion pesos ($3.1) billion from the domestic debt market in the third quarter, up...
Philippines, Hong Kong settle 2010 hostage row

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Hong Kong on April 23 scrapped travel sanctions against the Philippines after Manila offered an apology and compensation for a hostage tragedy almost four...
Philippines announces plan to fight poverty

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The Philippine government on April 14 announced plans to spend more on infrastructure and introduce other reforms to try to lift millions out of...
World Bank lauds Philippine peace deal

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The World Bank joined the global community in congratulating the Philippine government and the Moro Islamic Liberation Front for their signing of a peace...
Philippines plans to upgrade 12 airports

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The Philippine government plans to upgrade 12 airports, including Manila's dilapidated main international airport, as it seeks to attract 10 million foreign tourists by...
Illicit money flows cost Philippines dearly

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A study by US-based anti-graft watchdog Global Financial Integrity (GFI) said a record high of $25.8 billion came into the Philippines illegally in 2011,...
Hong Kong declares sanctions against the Philippines

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The Hong Kong government, backed by Beijing, on January 29 declared sanctions against the Philippines since Manila failed to make a formal apology and...
Filipinos in Thailand told to prepare for possible evacuation

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The Philippine government has told its approximately 16,000 citizens in Thailand to restrict their movements and prepare for possible evacuation amid intensified anti-government demonstrations....
Arab development fund targets the Philippines

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The Arab Gulf Programme for Development (AGFUND) has decided to expand its programme to Southeast Asia and will launch first activities in the Philippines...
Philippines launches $8.17b Haiyan rebuilding plan

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The Philippine government launched an $8.17 billion plan on December 18 to rebuild the lives of millions battered by Super Typhoon Haiyan, AFP reported. President...
Philippines bans workers from going to Yemen

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The Philippine government on December 9 banned its workers from going to Yemen after an attack by militants there killed more than 50 people,...