Philippines’ loan to ADB to reach $9.4 billion by 2023

The Philippine government’s loan to the Asian Development Bank (ADB) was expected to reach $9.4 billion over the next four years with funds sought...

‘More carriers in the doldrums amid low travel demand’

More airlines were expected to go bankrupt this year as sales remained severely dampened by the weak travel volume. According to a report by The...

Philippines lifts travel ban on medical workers

The Philippine government has finally allowed the deployment of healthcare workers outside the country. Philippine Labor Secretary Silvestre Bello was quoted as saying in a...

RCEP—world’s largest free-trade pact—’signed’

Fifteen countries spanning the Asia Pacific region have officially inked the Regional Comprehensive Economic Partnership (RCEP) which promises to create a vast free trade...

Twin typhoon smashes into the Philippines

The Philippines was hit by a twin typhoon on Sunday--one of which considered the strongest for the year--claiming the lives of seven people amid...

Moody’s: Borrowers to face debt shock next year

Governments and corporations accumulating a significant amount of debt to combat the effects of the coronavirus disease 2019 (COVID-19) are bound to shell out...

Philippines allows travel-related businesses to reopen

Businesses related to travel and tours are now allowed to open in the Philippines to complement non-essential travels that have been permitted by the...

Lopez steps down as chairman emeritus of Philippines’ media giant

Eugenio “Gabby” Lopez III has stepped down from his position as chairman emeritus of embattled Philippine media giant ABS-CBN Corp., months after the latter...

Pilipinas Shell shuts down refinery amid global pandemic

One of the largest fuel producers in the Philippines is shutting down its sole refinery as the coronavirus pandemic continued to take its toll...

Philippines’ largest media firm lays off thousands following shutdown

The Philippines’ largest media network was forced to lay off thousands of employees after it was shut down by the government by not being...

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Hundreds tried for treason in Cambodia

One hundred thirty-seven Cambodians are facing treason charges allegedly for plotting an attack against the government in 2019. A report by Al Jazeera on Thursday...

Indonesia mass vaccination begins; younger generation first in line

Indonesia began with its mass vaccination program on Wednesday which focused on the younger working-age population and not the elderly. According to reports, Indonesian President...

Indonesia frees militant leader Abu Bakar Bashir

Indonesia freed from prison the spiritual leader of al-Qaeda-linked group Jemaah Islamiyah (JI) after serving two-thirds of his 15-year sentence. Abu Bakar Bashir, 82, was...