Philippines Morning News For August 22

Philippines Morning News For August 22

Credit Suisse upgrades Philippine GDP 2017 outlook on Q2 results Credit Suisse upgraded its 2017 economic growth forecast for the Philippines on the back of stronger-than-expected gross domestic product (GDP) expansion in the 2nd quarter […]

Philippines Morning News For August 21

Philippines Morning News For August 21

Monetary stance to remain flexible amid low inflation, ample liquidity Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla Jr. said monetary policy stance remains flexible and will adjust when necessary, enhanced by an arsenal […]

Philippines Morning News For August 18

Philippines Morning News For August 18

Net ‘hot money’ inflow hit six-month high of $206.47M in July The Bangko Sentral ng Pilipinas yesterday reported a net “hot money” inflow of $206.47 million in July, the highest in six months, partly on […]

Philippines Morning News For August 17

Philippines Morning News For August 17

Uber charged with violating Public Service Act Several transport groups on Wednesday charged transport network company Uber with violation of the Public Service Act before the Quezon City Prosecutors’ Office, the first case filed against […]

Philippines Morning News For August 16

Philippines Morning News For August 16

Remittances hit 3-month high of $2.47B in June Filipinos working and living abroad sent more money home in June, a three-month high of $2.47 billion, partly as the peso slid to nearly 11-year lows and […]

Philippines Morning News For August 15

Philippines Morning News For August 15

World Bank arranges $206m catastrophe swap for the Philippines The World Bank has been involved in another risk-linked transaction with the completion of a catastrophe swap transaction that benefits the Philippines, providing the government with […]

Philippines Morning News For August 14

Philippines Morning News For August 14

Duterte’s China policy shift: strategy or serendipity? Departing from the previous government’s opposition to Chinese assertiveness in the South China Sea, Philippine President Rodrigo Duterte has downplayed maritime disputes in favour of pursuing close economic […]

Philippines Morning News For August 11

Philippines Morning News For August 11

Paolo Duterte a ‘smuggler’? Trillanes releases documents anew After presidential son and Davao City Vice Mayor Paolo Duterte was implicated in drug smuggling, opposition Senator Antonio Trillanes IV released documents anew linking the former to […]

Philippines Morning News For August 10

Philippines Morning News For August 10

Duterte vows to resign if son proven corrupt PRESIDENT RODRIGO R. Duterte on Wednesday vowed to resign if one of his children, particularly his vice-mayor son, is found involved in a corruption scandal hounding the […]

Indonesia Morning News For August 9

Indonesia Morning News For August 9

Indonesian Immigration launches WhatsApp booking system for passport application and renewal Any Indonesian who’s had to apply for a passport or renew at an immigration office in Jakarta know the hassle of waking up really […]