MANILA (Reuters) – Philippine President Ferdinand Marcos Jr has approved the recommendation of the economic ministry to extend up to the end of next year lower tariff rates on rice…
MANILA (Reuters) – Philippine President Ferdinand Marcos Jr on Friday signed into law the 2023 budget bill which authorises a record 5.27 trillion pesos ($94.78 billion) spending to support his…
MANILA (Reuters) – The Philippines central bank will likely have to continue raising rates at its next two meetings to ensure inflation returns to within its 2-4% target range next…
MANILA (Reuters) – The Philippines’ defence chief on Wednesday said the reported presence of dozens of Chinese vessels in disputed waters in the South China Sea was an “unacceptable” action…
MANILA (Reuters) – The Philippine central bank on Friday revised its current account projections for 2022 and 2023 to take into account the weaker global growth outlook, elevated inflation and…
MANILA (Reuters) – The Philippine economy is expected to lose momentum in 2023 with the pace of expansion set to slow to 5.7% as soaring inflation and higher interest rates…
MANILA (Reuters) – The Philippine central bank will hike interest rates this month, though the monetary board is likely to be split over whether to raise the policy rate by…
MANILA (Reuters) – The Philippines central bank expects November annual inflation to be in a range of 7.4% to 8.2%, reflecting upward price pressures from electricity and agricultural products, it…
MANILA (Reuters) – A Philippine inter-agency panel chaired by President Ferdinand Marcos Jr on Thursday approved removing tariffs on electric vehicles (EVs) to spur demand amid high fuel costs. Marcos…
PUERTO PRINCESA, Philippines (Reuters) – U.S. Vice President Kamala Harris said on Tuesday that her trip to the Philippine island of Palawan in the contested South China Sea underscored a…
MANILA (Reuters) – U.S. Vice President Kamala Harris said on Monday after meeting Philippines President Ferdinand Marcos Jr that the relationship between the two countries was long and enduring and…
By David Brunnstrom and Karen Lema WASHINGTON/MANILA (Reuters) – U.S. Vice President Kamala Harris visits the Philippines this week in the Biden administration’s latest high-level engagement with America’s oldest Asian…
LOS ANGELES – A Filipino man who fatally stabbed a fellow crewmember on a container ship en route from Shanghai to Los Angeles was sentenced today to 240 months…
MANILA (Reuters) – The Philippines’ central bank said on Friday it is prepared to take all further monetary policy actions necessary to bring inflation back to the target path. Risks…
MANILA (Reuters) – The death toll from flooding and rain-induced landslides in the Philippines has climbed to 48, the country’s disaster agency said on Sunday, with 22 others recorded missing…
MANILA (Reuters) – Extreme weather events and rising temperatures could see 13.6% of the Philippines’ economic output lost by 2040, inflicting a heavy toll on the country’s poorest if it…
ALEXANDRIA, Va. – A former Department of State employee pleaded guilty today to two counts of engaging in illicit sexual conduct in a foreign place. According to court documents, Dean…
MANILA (Reuters) – The Philippines central bank’s monetary policy settings remain accommodative, its governor said on Wednesday. Bangko Sentral ng Pilipinas Governor Felipe Medalla also told a banking forum bringing…
MANILA (Reuters) – Philippine Nobel laureate Maria Ressa plans to appeal her cyber libel conviction at the country’s Supreme Court, her lawyer said on Tuesday, after losing her legal battle…
By Neil Jerome Morales MANILA (Reuters) – Philippine annual inflation quickened to 6.9% in September, hitting its fastest pace in four years, firming up expectations the central bank will hike…
MANILA (Reuters) – The Philippine central bank is prepared to take further policy actions to bring inflation toward a target-consistent path over the medium term, it said on Wednesday, following…
MANILA (Reuters) – Philippine inflation could rise further in October, with food prices likely to remain the main source of pressure, the statistics authority said on Wednesday. Annual inflation quickened…
MANILA (Reuters) – The armed forces of the United States and Philippines launched two weeks of joint naval exercises on Monday, reinforcing a close military alliance at a time of…
MANILA (Reuters) – Philippines’ Globe Telecom Inc said on Tuesday it has signed a deal to sell more than a thousand telecoms towers for 20 billion pesos ($340 million) to…
MANILA (Reuters) – The Philippines will stop operations of 175 offshore gambling firms and deport about 40,000 Chinese workers, a justice ministry official said on Monday, part of a crackdown…