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In this Feb. 14, 2020, file photo, Kristalina Georgieva, Managing Director of the International Monetary Fund, attends a session on the first day of the Munich Security Conference in Munich,…
The International Monetary Fund (IMF) has further downgraded its economic outlook for the Philippines, with the Washington-based multilateral lender projecting gross domestic product (GDP) to shrink by 3.6 percent this…
MANILA, Philippines — The Philippines has committed to sign an Asia-wide trade deal involving 15 countries by November. In a statement Wednesday, the Department of Trade and Industry (DTI) said…
MANILA, Philippines — Justice Secretary Menardo Guevarra on Wednesday ordered the National Bureau of Investigation (NBI) to identify certain individuals involved in alleged accounting irregularities in Wirecard AG, which reportedly…
The Philippines’ dollar reserves hit a historic high in May —at the peak of the COVID-19 lockdown—thanks to inflows from the government’s foreign borrowings, as well as foreign exchange earnings…
MANILA, Philippines — The Department of Labor and Employment (DOLE) is seeing a decrease in remittances from overseas Filipino workers (OFWs) by up to 40 percent or around $13 billion…
MANILA, Philippines — While backing moves to make transactions cashless amid the pandemic, Grab Philippines country manager Brian Cu said Wednesday that the policy needs to be reviewed as the…
MANILA, Philippines — The Department of Trade and Industry (DTI) has lifted limits in the purchase of essential items such as face masks, alcohol, and some food items as inventories…
Securities and Exchange Commission (SEC) logo The Securities and Exchange Commission (SEC) plans to require local exchanges and other organized markets to reserve at least a majority of the corporate…
TOKYO — In response to the coronavirus epidemic, small and medium-sized companies in Japan are developing new products one after another, using their established technologies and know-how to help prevent…
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