MANILA – The United States has announced plans to establish a partnership with the Philippine government aimed at expanding the country’s semiconductor industry. This initiative is part of the US’s strategy to diversify the global semiconductor ecosyst…
CATBALOGAN CITY, SAMAR – The provincial government of Samar distributed PHP2.93 million in cash assistance to former rebels on Friday, under its Local Social Integration Program (LSIP). This initiative is part of the government’s effort to support the …
MANILA – The World Bank is set to bolster the Philippines’ efforts in climate disaster preparedness and response with a newly approved USD500 million credit line. This financial support is designed to provide rapid assistance to the country in the wake…
SAN FRANCISCO, CALIFORNIA – The Philippines, along with 13 Indo-Pacific partners, has signed an agreement to bolster supply chain resilience and reached a substantial conclusion on negotiations for agreements promoting a clean and fair economy under th…
MANILA – The Philippine stock market and currency both ended the week on a stronger note following the Bangko Sentral ng Pilipinas’ (BSP) decision to maintain its policy rates. The Philippine Stock Exchange index (PSEi) closed significantly higher on F…
LANAO DEL SUR/SULU – Philippine authorities arrested six suspected drug dealers and confiscated PHP3.6 million worth of ‘shabu’ in separate anti-drug operations conducted in Lanao del Sur and Sulu. The successful operations, as reported on Friday, sign…
MANILA – The Philippine mining industry has become significantly safer due to the implementation of additional policies aimed at improving the sector, according to an executive of the Mines and Geosciences Bureau (MGB). Marcial Mateo, chief of MGB’s Mi…
MANILA – Digital wallet providers GCash and Maya are currently assessing the feasibility of waiving fees on micropayments, as per an announcement by a top Bangko Sentral ng Pilipinas (BSP) official on Friday. This evaluation aligns with the BSP’s initi…
Manila: In a significant step towards enhancing its presence in the global financial technology landscape, the Philippines showcased its growing fintech sector at the Singapore FinTech Festival 2023 (SFF). Trade Attache to Singapore, Carla Grepo, empha…
MANILA – The Department of Environment and Natural Resources (DENR) of the Philippines and the United States Environmental Protection Agency (US EPA) have agreed to enhance their collaborative efforts in addressing climate change and environmental chal…