Philippines gets much-awaited ‘A’ credit grade

The Philippines has nabbed the much-coveted “A” credit grade, with the Japan Credit Rating Agency (JCR) upgrading the country’s rating to “A-” with a...

Philippines turns to online sellers for revenues

The Philippine government has set its sights on online sellers as the country scrambled for revenues amid the global pandemic. In a memorandum posted on...

Intensified alert needed to fight online fraud during virus outbreak

Internet penetration has significantly grown over the past six months as a result of the governments’ confinement measures to keep the coronavirus outbreak at...

Philippines transitions to online schooling amid coronavirus

The upcoming school year in the Philippines will push through as planned but the government was still not keen on allowing face-to-face classes. The Office...

ASEAN to focus on virus outbreak; set aside visa talks ‘for now’

Members of the Association of Southeast Asian Nations (ASEAN) are not yet keen on bringing to the table any talks about visa exemptions and...

Philippine economy to slow to 2% — ADB

The growth of the Philippine economy is likely to be sharply tempered this year, weighed by the effects of the enhanced community quarantine to...

Philippines to gain from global oil price drop: Oxford Economics

Lower global oil prices would partially offset the adverse impact of the COVID-19 pandemic on the Philippine economy, UK-based Oxford Economics said. “Under the current period of...

New US-Philippines defense pact ‘in the works’

The United States and the Philippines are crafting a new defense pact that could replace the Visiting Forces Agreement (VFA) that was proposed for...

US-Asean Summit postponed over virus fears

A long-scheduled summit between the Association of Southeast Asian Nations (ASEAN) and the United States will no longer push through as planned. According to a...

Philippine Airlines lets go of 300 workers

Flag carrier Philippine Airlines has laid off some 300 employees as part of its retrenchment program as the coronavirus disease 2019 (Covid-19) continues to...

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Ellipse Projects, EU and the UK: Foreign Direct Investment puts Indonesia on track for...

Indonesia has seen a sharp uptick in Foreign Direct Investment (FDI) to the tune of 14% in the first three months of 2021. FDI...

Thailand GDP lowered to 2.3% as COVID further dents tourism

Thailand’s Finance Ministry on Thursday slashed for the second time around its economic growth forecast for the year as the global pandemic continues to...

When will Vietnam’s victims of abuse be vindicated?

When news broke of two separate crimes in Southern Vietnam within days of one another - the rape and murder of a five-year old...