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WORLD

‘Chinese spy mayor’ faces grilling in Philippines

Published on 07/09/2024

» A Philippine court has allowed a former small-town mayor to attend a Senate hearing on Monday about her alleged illegal activities linked to online casinos serving Chinese bettors, days after she was arrested in Indonesia.

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WORLD

Philippines seeks offers in procurement of 40 multi-role fighter jets

Reuters, Published on 29/08/2024

» MANILA - The Philippines has started soliciting offers as it plans to procure 40 new multi-role fighter aircraft to boost its territorial defence, the defence minister said on Thursday.

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WORLD

Philippines pushes bigger defence spending as China spat lingers

Published on 10/07/2024

» The Philippines will continue increasing defence spending as it seeks private sector’s support in safeguarding the nation’s claims in the disputed South China Sea.

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GENERAL

Philippines moves closer to taxing Netflix, HBO subscriptions

Published on 28/06/2024

» Philippine lawmakers have approved a joint bill seeking to tax foreign digital services including Netflix, HBO and Disney, aiming to secure a fresh source of state revenue to bankroll additional spending.

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Philippines cracks down on illegal gambling firms

Published on 13/06/2024

» MANILA - Philippine authorities have launched a crackdown on illegal offshore gambling operators, several run by Chinese firms, as calls to ban their activities mount due to their alleged links to criminal syndicates.

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KKP wary on baht outlook despite uptick

Business, Published on 07/06/2024

» The baht has posted a short-term gain, rising to a two-week high of stronger than 36.5 to the dollar on Thursday, but Kiatnakin Phatra Financial Group (KKP) warns the Thai currency could depreciate because of Thailand's structural problems.

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CIMB targets $1.28bn of lending in 2024

Reuters, Published on 06/06/2024

» MANILA - The Philippine unit of Malaysia's CIMB Group Holdings Bhd is targeting lending of more than 75 billion pesos (US$1.28 billion) to Filipino clients this year, up 23% from 2023, its chief executive officer said on Thursday.

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Philippines seeks Asia logistics hub status, banking on US ties

Published on 21/05/2024

» The Philippines is setting its sights on becoming the next manufacturing and logistics hub in Asia, President Ferdinand Marcos Jr said, as Manila capitalises on its growing ties with Washington.

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WORLD

Philippines to buy patrol boats from Japan amid sea tension

Published on 18/05/2024

» MANILA - The Philippines will purchase five patrol vessels from Japan amid growing tensions in the South China Sea.