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More articles about: Philippine economy
Economists and experts say the government should fast-track RE development
Now that Israel and Iran have declared war and launched missiles at each other and as tensions in the Middle East reach new levels, questions remain on how all this will affect the Philippine economy and what Manila's next steps are ...
The Philippines struggles to create stable jobs and decent incomes, with minimum wages in 16 out of the 17 regions being lower than those from 35 years ago.
Hearing the gripes of our kababayans struggling to land a quality job has been a familiar narrative. It's a persistent problem even as reports indicate that the number of unemployed Filipinos continue to decline.The Philippine Statistics Authority (PSA)'s July ...
Full closure is slated for 2025.
Gokongwei-run Universal Robina Corporation (URC) is ceasing the manufacturing and sales of its products in China, as it is set to bid farewell to the Chinese market next year.In its stock exchange disclosure, the listed food manufacturer did not specify ...
This is expected within the next two years.
The Philippine economy is seen to be picking up pace in the next two years. Figures from the latest World Economic Outlook report by the International Monetary Fund (IMF) showed the Philippines' gross domestic product (GDP) could hit up to more than ...
Your Citi-branded cards will remain valid until you receive and activate their replacements.
The UnionBank of the Philippines (UnionBank) has started the process of migrating Citi accounts to its system. This means credit card holders could expect their existing Citi cards to be replaced with UnionBank-branded cards. But it appears consumers are experiencing delays ...
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The feature may be launched next year.
Trust us, once you go cashless, there's no turning back. We've always prioritized comfort and convenience. When you start using your mobile wallet or card, you'll rarely need to withdraw cash-unless absolutely necessary.Case in point: public transport. ...
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Uncovering the best of Southeast Asia.
More airlines are going out of their way to bring the Philippines closer to popular tourist destinations around the world. From Taiwan to Malaysia, Japan, and South Korea, all these neighbors can expect to cater to more trips from the country, but ...
John Paul Ang was recently appointed president and COO of San Miguel Corporation.
More than two decades have passed since billionaire Ramon Ang essentially took over San Miguel Corporation. From sitting as vice chairman of the company in 1999 to becoming president and CEO three years after, he has grown what was originally a brewery ...
A total of 38 Philippine firms were included in the roster.
Thirty-eight Philippine companies are included in Fortune Magazine's inaugural Southeast Asia 500, a list of revenue-generating firms that have made significant contributions to the region, even in the face of economic challenges.Leading the pack is billionaire Ramon Ang' ...
Across the Asia-Pacific region, the country ranks second to the lowest.
With rising inflation and tensions in Ukraine and the Middle East, economies from all over the world have faced immense challenges in recent years. The Philippines is no exception-seemingly showing no sign of improvement compared to its neighbors. The country ranked ...
With 200 rooms, Citadines Bacolod City is now the "largest" international hotel in the city.
On track to push through with its expansion plans, developer Cebu Landmasters, Inc. (CLI) has opened its first-ever hotel outside of Cebu City. Citadines Bacolod City, a 200-room property, is now dubbed the biggest international hotel in the city. The ...
The company hopes to raise $200 million in processed payments globally this year.
BayaniPay, a financial technology startup, is looking to increase its processed payments tenfold, from $20 million in 2023 to $200 million within the year. This comes after the company secured an additional $3 million in fresh capital from investors Wavemaker Partners, PTGB, ...
Filipinos just wanna have fun.
Let's admit it. We tend to splurge on ourselves when times get tough. Some like to call it retail therapy, while others may just be looking for a way to motivate themselves to keep going. This explains why there was a ...
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