Category: Philippines
Locsin, Bautista take oath as new Cabinet members
President Rodrigo Duterte presided over the oath taking of two new members of his Cabinet at Malacanan Palace on Wednesday (October 17). Philippine Ambassador to the UN Teddy [...]
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Fintech innovations to push financial inclusion across the Philippines
E-wallets, blockchain and other innovations in finance technology (fintech) will continue to grow in significance and become key drivers in pushing forward financial [...]
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Philippines’ total fertility rate is highest in Asean: UN
The Philippines, the second biggest country among members of the Association of Southeast Asian Nations, has the highest total fertility rate (TFR) in the region, according [...]
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Ayala invests in Philippines-based home healthcare services app AIDE
The AIDE app enables patients to book doctors, nurses, and other medical professionals to render healthcare services in their homes Ayala Healthcare Holdings (AC Health), a [...]
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Asean, Philippines leaders urged to re-assess climate targets
Former senator and Climate Change Commission head Heherson Alvarez has called on policymakers in Southeast Asia to reassess their commitments to address the threat of climate [...]
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Duterte signs admin’s first oil exploration service contract with Israeli firm
President Rodrigo Duterte signed on Wednesday (October 17) an oil and petroleum exploration deal with an Israel firm in line with the government’s “effort to [...]
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P3.4-M shabu seized in Manila mall drug bust
A man was arrested by agents of the Philippine Drug Enforcement Agency (PDEA) for selling drugs inside a mall in Manila. The suspect who hails from Cotabato was identified as [...]
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Philippines’ high inflation also good, says Bangko Sentral official
Felipe Medalla says the high inflation figure reflects the elevated prices of cigarettes and sugary drinks, which were planned by the government under the TRAIN law Despite [...]
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Philippine watchdog fines Grab, Uber for rushed merger, drop in service quality
The Philippines’ competition watchdog fined ride-hailing firms Grab and Uber Technologies on Wednesday, saying they consummated their merger too soon and that the [...]
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Global competitiveness report: Philippines ranks 56th
The Philippines ranked 56th out of 140 countries in the latest Global Competitiveness Report of the World Economic Forum. WEF’s Global Competitiveness Index 2018 [...]
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New car sales in Philippines likely to suffer first drop in 7 years
New car sales this year in the Philippines are likely to sustain the first decline in seven years due largely to newly implemented higher excise taxes on automobiles. New [...]
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HSBC appoints new CEO for Philippine operations
HSBC Bank on Monday said it has appointed Graham FitzGerald as president and Chief Executive Officer for HSBC Philippines subject to regulatory approval. FitzGerald will [...]
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Philippines deports alleged ISIS commander
Egyptian Fehmi Lassoued is also placed on the Bureau of Immigration’s blacklist to prevent him from reentering the Philippines The Bureau of Immigration (BI) deported [...]
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Philippines island Boracay reopens for test run following huge cleanup
Boracay, one of the world’s most famous beach destinations, has reopened for a limited-numbers test run almost six months after closing for a cleanup operation to [...]
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Philippines cuts 2018 GDP growth goal, raises inflation targets
The Philippine government has shaved its economic growth target for this year and raised inflation forecasts for 2018 and 2019, reflecting caution as soaring consumer prices [...]
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