Philippines
GIC, Macquarie explore US$2 billion stake sale in Philippines’ EDC: sources
SINGAPORE’S GIC and Australia’s Macquarie are looking at selling their stake of roughly 30 per cent in Philippine renewable energy firm Energy Development Corp (EDC), a deal that could...
Bank of America eyes share in US$300 billion Philippines FX market
BANK of America on Thursday (Oct 17) started its foreign-exchange (FX) service in the Philippines, with officials saying they are looking to get a share of the annual onshore...
Tanker capsizes off Philippines, one crew missing, battle to contain oil spill
A MARINE tanker carrying industrial fuel sank in rough seas off the Philippines on Thursday (Jul 25), causing a large oil spill as coast guard rescuers search for a...
Data centre firm Equinix enters the Philippines, eyes on South-east Asia
Most South-east Asian countries present a conducive environment for data centre establishmentsEquinix has acquired three data centres in the Philippines from Total Information Management to expand its presence in...
Philippines rate cut likely after fed, finance chief says
THE Philippine central bank will “most probably” lower its key interest rate after the Federal Reserve’s own policy easing, according to Finance Secretary Ralph Recto who sees more than...
Philippines’ top fintech GCash eyes 2025 IPO, chairman says
GLOBE Telecom’s popular fintech app GCash may go public in the Philippines next year as it keeps the door open for new investors and an overseas listing.
Philippines says US, China eyeing mining opportunities, especially in nickel
NUMEROUS countries including the United States and China have expressed interest in collaborating with the Philippines for mining opportunities particularly in nickel, its environment minister said on Friday.Maria Antonia...
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