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.
Tags: Philippines
Philippines GDP Growth Slows to 5.9% in 2024 Due to Typhoons, Says World Bank
The World Bank lowered the Philippines' 2024 growth forecast to 5.9% due to typhoon impacts but sees recovery potential with 6.1% growth projected for 2025.
US to Announce Additional $500 Million Defense Boost to Philippines
US Secretary of State Antony Blinken and Defense Secretary Lloyd Austin are in Manila this week to announce a $500 million defense funding to help the Philippines in its deterrence against China.
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.
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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The incident, which damaged a canopy on the Philippine Coastguard BRP Bagacay, occurred just outside Scarborough Shoal.
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.
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.
Philippine SEC ordered the removal of Binance apps from Google and Apple stores, citing unregistered securities and unlicensed brokerage, prompting investor warnings and investigations.
The Philippines is seeking alternative financing deals for a freight railway project after funding talks with China were dropped.
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.
The new Microsoft-TESDA partnership will enable more than 100,000 women in the Philippines to gain artificial intelligence (AI) and cybersecurity skills.
MCI has announced that the acquisition will result in a seamless expansion of services by combining its leadership with the resources of EastWest BPO.
A resort in the heart of the Chocolate Hills in Bohol, Philippines, is going viral on Facebook and other social media platforms.
