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Tag:

Philippines

  • MIsc. News

    Philippines central bank may pause or hike rates at next meeting -governor

    by Reuters December 6, 2023
    by Reuters December 6, 2023

    MANILA (Reuters) – The governor of the Philippine central bank said on Wednesday it could either keep interest rates steady or raise them at its policy meeting next week. The …

  • MIsc. News

    Philippines VP says peace talks with communist rebels a pact ‘with the devil’

    by Reuters December 4, 2023
    by Reuters December 4, 2023

    MANILA (Reuters) – Philippines Vice President Sara Duterte on Monday opposed a government decision to restart peace negotiations with communist rebels, describing the move as an “agreement with the devil” …

  • MIsc. News

    Potential for remittance income to be cut by AI, says Philippines finance minister

    by Reuters November 9, 2023
    by Reuters November 9, 2023

    By Rodrigo Campos NEW YORK (Reuters) -Philippines Finance Minister Benjamin Diokno says there is potential that the remittances that help power the southeast Asian economy could be replaced by AI. …

  • US and World News

    China urges Philippines to end ‘provocations’ in South China Sea

    by Reuters October 9, 2023
    by Reuters October 9, 2023

    BEIJING (Reuters) -China on Monday warned the Philippines against further “provocations” at an atoll in the South China Sea, saying such acts had violated Chinese territorial sovereignty, contravened international law …

  • Business News

    Philippines has ‘done enough’ policy tightening, finance secretary says

    by Reuters October 8, 2023
    by Reuters October 8, 2023

    MANILA (Reuters) – Philippine Finance Secretary Benjamin Diokno believes the central bank has “done enough” policy tightening to tame inflation, but reiterated future interest rate moves would remain data dependent. …

  • US and World News

    Philippines says Marshall islands-registered vessel may have been involved in sea collision

    by Reuters October 4, 2023
    by Reuters October 4, 2023

    By Karen Lema and Mikhail Flores MANILA (Reuters) -An oil tanker registered under the flag of the Marshall Islands was suspected to have been involved in an ‘accidental collision’ with …

  • Business News

    Philippines eyes maiden sukuk issue in November

    by Reuters October 1, 2023
    by Reuters October 1, 2023

    MANILA (Reuters) – The Philippines plans to issue its maiden sukuk bonds by the end of November, its finance secretary said, as it seeks to develop alternative funding sources for …

  • US and World News

    US commends Philippines on removal of Chinese barrier in South China Sea

    by Reuters September 28, 2023
    by Reuters September 28, 2023

    By Michael Martina and David Brunnstrom WASHINGTON (Reuters) – The Philippines’ removal of a Chinese floating barrier near the Scarborough Shoal in a disputed part of the South China Sea …

  • US and World News

    In cat and mouse game, Philippines resupplies troops in South China Sea atoll

    by Reuters September 9, 2023
    by Reuters September 9, 2023

    By Jay Ereno SOUTH CHINA SEA (Reuters) – The Philippines has completed a supply mission for troops stationed in a rusty World War Two-era ship, but not without a usual …

  • Business News

    Philippines inflation unexpectedly quickens to 5.3% in August

    by Reuters September 4, 2023
    by Reuters September 4, 2023

    By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) – Philippine inflation proved stubborn after it unexpectedly quickened for the first time in seven months in August, due largely …

  • Business News

    Indonesian nickel smelters turn to Philippines for ore as local supply tightens

    by Reuters August 30, 2023
    by Reuters August 30, 2023

    By Mai Nguyen and Siyi Liu (Reuters) – Nickel smelters in top producer Indonesia are making rare purchases of ore from the Philippines to ease tight supplies, people familiar with …

  • US and World News

    Philippines to resupply South China Sea troops after Beijing’s block

    by Reuters August 19, 2023
    by Reuters August 19, 2023

    MANILA (Reuters) – The Philippine armed forces said on Saturday it would again seek to resupply troops stationed in a rusty World War 2-era ship on a reef in the …

  • Business News

    Philippines central bank keeps rates steady, but ready to resume hikes if needed

    by Reuters August 17, 2023
    by Reuters August 17, 2023

    By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) -The Philippine central bank left its benchmark interest rate steady at 6.25% for a third straight meeting on Thursday, saying …

  • Business News

    Philippines casino revenue seen doubling by 2028 as tourists flock in

    by Reuters August 16, 2023
    by Reuters August 16, 2023

    By Neil Jerome Morales MANILA (Reuters) – The Philippines’ gambling industry is set to double its gross gaming revenue by 2028, as the country attracts more tourists such as wealthy …

  • Business News

    Philippines risks investment grade rating if it can’t reform military pensions – finance chief

    by Reuters August 16, 2023
    by Reuters August 16, 2023

    MANILA (Reuters) – The Philippines risks losing its investment grade rating if it fails to reform an “unsustainable” military and uniformed personnel (MUP) pension system because it will constrain its …

  • US and World News

    Philippines tells China it will not abandon post in disputed reef

    by Reuters August 7, 2023
    by Reuters August 7, 2023

    By Neil Jerome Morales and Albee Zhang BEIJING/MANILA (Reuters) -The Philippines told China it will not abandon a disputed shoal in the South China Sea after it accused China’s coast …

  • Business News

    Philippines central bank sees July inflation easing for sixth month

    by Reuters July 31, 2023
    by Reuters July 31, 2023

    MANILA (Reuters) – Philippine headline inflation was expected to ease for a sixth straight month with the central bank on Monday projecting the rate in July to come in between …

  • Business News

    Philippines need not match Fed’s 25 bps hike – finance minister

    by Reuters July 30, 2023
    by Reuters July 30, 2023

    MANILA (Reuters) – The Philippines’ finance minister said monetary authorities have room to pause on rate hikes in August despite a recent policy tightening by the U.S. Federal Reserve. “I …

  • US and World News

    Philippines will not cooperate with ICC in drugs war probe – Marcos

    by Reuters July 21, 2023
    by Reuters July 21, 2023

    MANILA (Reuters) – Philippines President Ferdinand Marcos Jr said on Friday his government will not cooperate with the International Criminal Court’s (ICC) investigation into the thousands of killings committed during …

  • US and World News

    Philippines closely monitors threat of invasion of Taiwan – defence chief

    by Reuters July 20, 2023
    by Reuters July 20, 2023

    MANILA (Reuters) – The threat of China invading Taiwan is something U.S. military ally the Philippines is monitoring on a daily basis as part of Manila’s contingency plans for possible …

  • US and World News

    Philippines’ investigation into drugs war will be “fair” – Dept of Justice

    by Reuters July 19, 2023
    by Reuters July 19, 2023

    MANILA (Reuters) – The Philippines has said its investigation into killings during former President Rodrigo Duterte’s war on drugs will be “impartial”, a day after its attempt to block a …

  • Business News

    Philippines agrees $1.14 billion loans with World Bank for environment, farming

    by Reuters June 26, 2023
    by Reuters June 26, 2023

    MANILA (Reuters) – The Philippines on Monday said it had signed four loan agreements with the World Bank totalling $1.14 billion, including $750 million of budgetary support for policy reforms …

  • US and World News

    U.S., Japan, Philippines discuss S China sea, North Korea

    by Reuters June 16, 2023
    by Reuters June 16, 2023

    WASHINGTON (Reuters) – The national security advisers of the United States, Japan and the Philippines on Friday discussed regional security issues and ways to strengthen the trilateral alliance, they said …

  • US and World News

    Philippines, U.S., Japan to hold first-ever joint coast guard exercise

    by Reuters May 29, 2023
    by Reuters May 29, 2023

    By Karen Lema MANILA (Reuters) – The coast guard of the United States, Japan and the Philippines will hold trilateral maritime exercise in the South China Sea this week, the …

  • US and World News

    Taiwan speaker hails Japan, South Korea and Philippines for ‘crescent of defense’

    by Reuters May 16, 2023
    by Reuters May 16, 2023

    By David Brunnstrom and Michael Martina WASHINGTON (Reuters) – The speaker of Taiwan’s parliament praised Japan, South Korea and the Philippines on Tuesday for helping to create a “crescent of …

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