News Philippines Finance: The Philippines Just Passed a Bill to Create a Sovereign Wealth Fund. Here’s Why It’s Controversial
As 2022 draws to a close, lawmakers in the Philippines are pushing for the establishment of a sovereign wealth fund to purportedly help the country finance future economic development. President ...
News Philippines Finance: OneConnect partners with UnionBank's fintech subsidiary UBX to co-create Philippines' first blockchain-enabled platform for MSMEs
These solutions will solve the struggle to access adequate financing and digital innovation, bringing MSMEs into modern financial and digital ecosystems SHENZHEN, China , July 22, 2019 /PRNewswire/ -- ...
News Philippines Finance: Philippine official seeks strong protest over boat sinking
(AP) -- The Philippine defense chief will recommend Manila file a strongly worded diplomatic protest after a fishing boat was hit in the disputed South China Sea by a suspected Chinese vessel that th
News Philippines Finance: Davao City LGU provides financial assistance to Paracelis
The Philippine Red Cross is urged to expedite the administration and disbursement of the financial assistance so that the basic needs of the affected farmers and families will be immediately ...
News Philippines Finance: Philippines slams sinking of boat by suspected China vessel
He revealed the incident after about 300 protesters burned a mock Chinese flag and yelled anti-China slogans in a rally outside the Chinese Consulate in Manila's Makati financial district. The mostly ...
News Philippines Finance: The Philippines' Marawi City Remains Wrecked Nearly 2 Years After ISIS War
Locals are concerned about corruption siphoning off aid money. Last year, Finance Secretary Carlos Dominguez said the government had budgeted 62 billion Philippine pesos (nearly $1.2 billion) over ...
News Philippines Finance: Philippines Central Bank Warns on Risks of Growing Cryptocurrency Use
to ensure consumer protection and financial stability. To date, 10 exchanges in the Philippines have been registered with the central bank. ...
News Philippines Finance: Philippines May inflation at 3.2% y/y
MANILA, June 5 (Reuters) - Philippine annual inflation quickened in May for the ... Inflation on a month-on-month basis was 0.2%. Financial markets were closed on Wednesday for the Eid-Al-Fitr holiday ...
News Philippines Finance: Philippine inflation picks up in May, but more policy easing seen
Financial markets were closed on Wednesday for the Eid-Al ... of an interest rate cut in the face of rising risks to trade and global growth. The Philippine central bank, which would next meet on June ...
News Philippines Finance: UPDATE 1-U.N. rights experts seek inquiry into Philippines killings
The top enforcer of the war on drugs in the Philippines last month dared prosecutors to go after him for the deaths of thousands of people, after activists warned that his election to the Senate ...
News Philippines Finance: Philippines Central Bank Governor Survives Rocky Start as Peso Rebounds
The peso is up 1.5% this quarter, the biggest advance in emerging markets, while Philippine local-currency bonds handed investors almost 4% in the same period. Financial markets were closed on ...