Philippine

Philippine central bank tightens dirty money risk reporting rule
Philippine central bank tightens dirty money risk reporting rule
THE Philippines central bank will require financial institutions to submit a report within 24 hours of discovering risks linked to money laundering and terrorist financing, as the South-east Asian...
What is Golden Rice? Philippine Court Blocks Commercial Production of Genetically Modified Rice Over Safety Concerns
What is Golden Rice? Philippine Court Blocks Commercial Production of Genetically Modified Rice Over Safety Concerns
A recent court ruling in the Philippines has halted the production of genetically modified (GM) golden rice for commercial use, citing safety concerns. The decision also applies to GM...
Philippine central bank’s deputy governor sees upside risks to inflation
Philippine central bank’s deputy governor sees upside risks to inflation
THE Philippine central bank is committed to maintaining price stability as risks to inflation remain on the upside, according to its deputy governor.Inflation may breach Bangko Sentral ng Pilipinas’...
Philippine Airlines sets US0 million of spending as tourism rebounds
Philippine Airlines sets US$450 million of spending as tourism rebounds
PHILIPPINE Airlines has set a spending budget of US$450 million for this year, more than double the US$170 million allotted in 2023, as it gears up for the continued...
Philippine central bank says its policy decisions not dependent on Fed’s
Philippine central bank says its policy decisions not dependent on Fed’s
THE Philippine central bank said on Wednesday (Mar 20) it is “closely” watching the US Federal Reserve’s actions, but its own monetary policy decisions are not dependent on what...
KKR to invest US0 million in Philippine telecoms tower business
KKR to invest US$400 million in Philippine telecoms tower business
PRIVATE equity firm KKR & Co will invest US$400 million in telecoms tower operations and expansion in the Philippines, the United States Department of Commerce said on Wednesday (Mar...
Philippine central bank governor rules out easing rates ‘soon’
Philippine central bank governor rules out easing rates ‘soon’
THE Philippines’ central bank governor on Wednesday (Mar 6) ruled out rate cuts anytime soon due to upside inflation risks and signalled that borrowing costs will remain higher for...
Philippine central bank keeps benchmark rate unchanged at 6.50%
Philippine central bank keeps benchmark rate unchanged at 6.50%
THE Philippine central bank kept its benchmark interest rate steady at 6.50 per cent for a third straight meeting on Thursday (Feb 15), as price pressures have further eased....