Philippines

Philippines Demands $1 Million Payment from China over June 17 Incident

Philippines Demands $1 Million Payment from China over June 17 Incident

The Philippines demanded a payment worth $1 million in damages from China following an altercation in the South China Sea on June 17.

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Sofitel Manila Closes Doors; Patrons Flock Restaurant's Last Day

Sofitel Manila Closes Doors; Patrons Flock Restaurant's Last Day

The Sofitel Philippine Plaza in Manila concluded its operations on June 30, 2024 after around half a century of hospitality in the Manila Bay area.

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World Bank Grants $1.25 Billion to Philippines for Safer Schools and Economic Recovery

World Bank Grants $1.25 Billion to Philippines for Safer Schools and Economic Recovery

The World Bank's board of directors has approved $1.25 billion in loans to support two Philippine government projects focused on ensuring safe and resilient schools and bolstering economic recovery.

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PHILIPPINES-CHINA-DIPLOMACY-MARITIME

Philippine Business Groups Release Rare Statement Amid South China Sea Tensions

Philippine business groups condemned the recent harassment faced by the country's military amid South China Sea tensions.

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Philippine Media Giant ABS-CBN Cancels Sky Cable Sale to PLDT

Solar Philippines Founder Leandro Leviste Acquires 8.5% Stake in ABS-CBN Worth P76.5M

Renewable energy entrepreneur Leandro Leviste expands into media, acquiring an 8.5% stake in ABS-CBN Corp., with personal ties to former anchor Loren Legarda.

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China Damages Philippine Vessel in Disputed South China Sea Shoal

Report: China Damages Philippine Vessel in Disputed South China Sea Shoal

The incident, which damaged a canopy on the Philippine Coastguard BRP Bagacay, occurred just outside Scarborough Shoal.

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Philippines Raises 2024 Borrowing to P2.57 Trillion Amid Fiscal Concerns

Philippines Ramps Up 2024 Borrowing to P2.57 Trillion Amid Fiscal Concerns

Philippines ramps up borrowing to P2.57 trillion, a 4% increase, addressing fiscal needs amid economic challenges. Economists raise concerns about implications on deficit, debt, and interest rates.

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China Becomes More Aggressive in West Philippine Sea, US Commander Expresses Deep Concern

China Becomes More Aggressive in West Philippine Sea, US Commander Expresses Deep Concern

The US Indo-Pacific Command commander has raised alarm about what he considers China's "aggressive behavior" in the South China Sea and Taiwan Strait.

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Binance Labs Becomes Separate Company After Separating From Binance

Philippine SEC Cracks Down on Binance, Requesting Removal From Google and Apple App Stores

Philippine SEC ordered the removal of Binance apps from Google and Apple stores, citing unregistered securities and unlicensed brokerage, prompting investor warnings and investigations.

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Philippines Wants US, Japan to Fund Freight Railway Project After It Drops Funding Talks With China

Philippines Wants US, Japan to Fund Freight Railway Project After It Drops Funding Talks With China

The Philippines is seeking alternative financing deals for a freight railway project after funding talks with China were dropped.

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New Lalamove Philippines Program to Empower Aspiring Women Entrepreneurs: Here's What You Need to Know

Lalamove Philippines, an on-demand delivery platform, has launched a new program that aims to empower aspiring businesswomen. Here's what you need to know about it.

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New Microsoft-TESDA Partnership to Equip More Than 100,000 Philippine Women With AI, Cybersecurity Skills

The new Microsoft-TESDA partnership will enable more than 100,000 women in the Philippines to gain artificial intelligence (AI) and cybersecurity skills.

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BPO Firm in Philippines Acquired by US Company MCI—Should Filipino Employees Worry?

MCI has announced that the acquisition will result in a seamless expansion of services by combining its leadership with the resources of EastWest BPO.

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Resort in the Heart of Philippines' Chocolate Hills: Is It Yay or Nay? – Netizens Share Mixed Reactions

A resort in the heart of the Chocolate Hills in Bohol, Philippines, is going viral on Facebook and other social media platforms.

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Philippines Could Receive $1 Billion From US Firms! Where Will Investments Be Used For?

The U.S. Commerce Secretary announced that the Philippines is expected to receive $1 billion from U.S. firms.

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