philippines

Grab Under Investigation in the Philippines for Alleged Assault of Vietnamese Rider

4 months ago

Philippines authorities have launched an investigation into Grab, a popular ride-hailing app, following reports of an alleged assault on one of their Vietnamese drivers. The incident has sparked widespread discussion among social media users and has drawn the attention of law enforcement.

Philippine Inflation Cools, Paving the Way for Rate Cuts

5 months ago

Recent data on inflation in the Philippines revealed a notable decline, which was below the expectations of experts and analysts. This decrease creates a premise for potential cuts in interest rates in the future, which could positively impact the country's economy.

Philippines Shuts Schools and Cancels Flights Due to Approaching Storm

5 months ago

The Philippines has announced the closure of schools in the capital region of Manila, as well as the cancellation of numerous flights due to an impending storm expected in the coming days. Meteorologists are warning of possible heavy rains and storms that could significantly impact life in this densely populated area.

Philippine Authorities Detain Over 160 People for Suspected Cybercrime

5 months ago

In the Philippines, law enforcement has conducted a major operation in which over 160 individuals were detained on suspicion of engaging in cybercriminal activities. The operation took place in Manila and was aimed at combating internet fraud and other forms of cybercrime that harm citizens and businesses in the country.

Philippines Strengthen Ties with Vietnam Amid Ongoing China Tensions

5 months ago

Philippine President Ferdinand Marcos Jr. has initiated efforts to deepen cooperation with Vietnam amid rising tensions with China. At a meeting with Vietnamese Prime Minister Pham Minh Chinh, both sides discussed improving mutual trade, joint security efforts, and the possibility of expanding relations in energy and agriculture.

Philippines and the US: Missiles, Training, and China's Rising Influence

5 months ago

The Philippines has announced that a missile which was intercepted by the Chinese military will be used for training American troops. This statement highlights the growing close ties between Manila and Washington amidst increasing pressure from China in the region. In particular, this relates to events occurring in the South China Sea, where confrontations between Chinese and American military forces are becoming more frequent.

Philippines Aims to Increase Bond Market Liquidity to Attract Global Funds

5 months ago

The Philippine government has recently been concerned about the necessity of improving liquidity in its domestic bond market. This move is aimed at attracting international investors who are looking for more profitable investment opportunities. Officials stress that enhancing liquidity could significantly increase the appeal of Philippine government bonds for global financial institutions.

The Philippines: Call Centers Navigate the Impact of Artificial Intelligence on Jobs

5 months ago

The Philippines, known for its well-developed customer service centers, faces changes in the industry due to the implementation of artificial intelligence (AI) technologies. Numerous companies are beginning to adapt to current trends to maintain their market positions and secure employment for their workers. Artificial intelligence is not only changing the way call centers operate but also requires retraining and upskilling for employees.

China and Philippines Ships Clash Again, Highlighting Unresolved Disputes

5 months ago

Recent events in the South China Sea have once again drawn attention to the escalating tensions between China and the Philippines. Last week, a collision occurred between two ships: one belonging to the Philippines and the other to China. This incident served as another confirmation of the dissatisfaction of both sides and the complex situation they find themselves in.

Uncertainty Surrounding Philippine Central Bank's Rate Decision

5 months ago

The recent surge in inflation in the Philippines has put regulators in a difficult position as they consider adjusting interest rates during the upcoming monetary council meeting. Since mid-May 2024, inflation in the country has shown a sharp spike, which may require the central bank to tighten monetary policy. However, this decision is complicated by factors supporting economic growth.