AIIB funds $500M flood control The Asian Infrastructure Investment Bank (AIIB) has approved funding part of the $500-million Metro Manila Flood Management Project, the first to be approved for the Philippines by the new multilateral […]
World Bank report highlights education underspending in past 10 years Despite efforts to increase its budget in the past 10 years, the education sector in the Philippines still suffers from lack of funding due to […]
PH climbs a notch in competitiveness The Philippines climbed one place to rank 56th among 137 countries in the World Economic Forum’s Global Competitiveness Report 2017-2018. — Manilastandard.net Stocks slip as investors continue to cash […]
PDEA fights big drug problem with a measly P1.4-B budget How can you fight a P12-billion monthly drug problem with a measly P1.4-billion budget for the entire year? — Philippine Daily Inquirer Three more Maute […]
$200-M loan eyed for Customs rehab The World Bank is firming up a $200-million loan for a project aimed at modernizing the graft-laden Bureau of Customs. — Philippine Daily Inquirer Philippines third worst polluter of […]
Philippines worst in impunity in global index The Philippines is seen as the worst in terms of impunity in 2017, according to results from the latest Global Impunity Index (GII) of the University of the […]
Foreign Investors Shun Philippines for 4th Straight Quarter Foreign investors are sending an increasingly strong message to Philippine President Rodrigo Duterte over his ‘war on drugs’ and at times outrageous and crude comments. And it […]
Philippines ranked 8th most vulnerable to malware attacks in Asia Experts in information technology security discovered that the Philippines is the 8th most vulnerable to attacks by malicious software or malware. — Inquirer.net Economy seen […]
Philippines tops Asia on financial inclusion list THE PHILIPPINES remains Asia’s leader in financial inclusion due to policies supportive of wider banking access, the Brookings Institution said in a report, even as the country slipped […]
PH external debt drops by 1.8% to $72.5 billion in Q2 2017 The country’s total debt owed to foreign creditors dropped in the 2nd quarter of 2017, according to the Bangko Sentral ng Pilipinas (BSP). […]
PSE sets P2.5-B follow-on offering The Philippine Stock Exchange has firmed up a plan to offer about P2.5 billion in fresh capital through a follow-on equity offering, mandating BDO Capital & Investment Corp. to arrange […]
PH slips 1 notch in human capital index The Philippines has slipped in an annual ranking of how countries are developing their human capital but overall its performance remains above the global average. — The […]