Showing 21 - 30 of 201
Philippines approves purchase of 40 patrol boats amid China spat
Bloomberg News, Published on 06/11/2024
» MANILA — The Philippines has approved the purchase of 40 fast patrol craft worth 25.8 billion pesos (US$441 million), seeking to bolster maritime security as tensions with Beijing in the South China Sea linger.
Philippines braces for another typhoon after storms swamp crops
Bloomberg News, Published on 05/11/2024
» MANILA — The Philippines is set to be drenched by its fourth storm in just over a month, which threatens to add to a growing tally of crop losses that total at least 11.5 billion pesos (US$197 million) this year.
Philippine death toll from Trami rises as storm may return
Published on 27/10/2024
» The death toll in the Philippines from Severe Tropical Storm Trami rose to at least 85, with the country bracing for a new cyclone and Trami’s possible return.
Philippines imposes 12% value-added tax on Netflix, HBO services
Bloomberg News, Published on 02/10/2024
» MANILA - Philippine President Ferdinand Marcos Jr. on Wednesday signed a law imposing a 12% value-added tax (VAT) on non-resident digital service providers including Netflix, HBO and Disney.
‘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.
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.
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.
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.
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.
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.