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...

Philippines shuts media giant as lawmakers reject franchise bid

The Philippines shut down its largest broadcasting network by thumbing down the renewal of its franchise. Following 13 hearings, the majority of the lawmakers at...

The pandemic teaches us creativity and to appreciate life in a simpler way

The global pandemic did not just rob people to live life the way it used to be, but it also dampened global economies, shattered...

Philippines expects GDP to shrink further in second half

The Philippines was expecting its economy to slump further in the second half of the year as the government’s quarantine measures continued to take...

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Amid surging Covid-19 cases, second gen vaccines raise hopes across the Asia-Pacific

The United Nations High Commissioner for Refugees sounded the alarm at the beginning of this month on the rapidly deteriorating circumstances of refugees and...

Monde sets sight on alternative meats for expansion

Food maker Monde Nissin Corp. was looking to bank on the fast-growing alternative meats business following its successful initial public offering (IPO) that saw...

Duterte admin lowers Philippine growth projection on last year in office

The Philippine government has abandoned its goal to reach double-digit growth in the last year of the current administration amid the pandemic plaguing global...