Philippines

Philippine lawmakers advance impeachment of Vice-President Sara Duterte

This comes amid allegations of unexplained wealth, misuse of public funds and her threats against the president

The two leaders agreed to expand cooperation in new areas of growth, such as shipbuilding, nuclear power, supply chain and artificial intelligence.

South Korea, Philippines to deepen ties in defence, shipbuilding

HD Hyundai Heavy Industries started shipbuilding operations in the Philippines’ Subic Bay last year

Marks & Spencer’s exit reflects the shifting dynamics of the Philippine retail market, which remains attractive to international brands but is becoming increasingly competitive.

Marks & Spencer to exit the Philippines’ shifting retail market

The country has drawn global retailers seeking to tap into its young, consumption-driven population

Globe Telecom CEO Carl Cruz thinks the Philippine stock market could be poised for growth after a challenging 2025.

CEO of Philippine telco giant sees fibre and enterprise segments as key to near-term growth

Globe Telecom’s Carl Cruz eyeing opportunities from AI and the impending digitalisation of SMEs

The existing Malampaya gas field sits off the coast of Palawan within the Philippines’ exclusive economic zone, facing the contested South China Sea.

Malampaya’s new gas find may steady Philippines’ power supply, but cheaper bills remain elusive

Electricity tariffs in the country consistently rank among the region’s steepest

The Philippine central bank cut its key rate for a sixth straight time on Thursday to support growth.

Philippine central bank faces huge uncertainty in policymaking, says governor  

[MANILA] Philippine central bank Governor Eli Remolona on Friday reiterated that policymakers face a “large element of uncertainty” which could complicate decision-making. The Philippine central bank ...

The Bangko Sentral ng Pilipinas (BSP), the Philippine central bank, has reduced its target reverse repurchase rate by a quarter of a point to 4.25% on Thursday.

Philippines reduces rate as graft fallout continues to drag growth

Policymakers are banking on lower borrowing costs to help spur consumer and business confidence following a corruption scandal

Sara Duterte has apologised for helping Marcos win the 2022 election when she ran as his vice-presidential running mate and helped him tap into her family’s huge support base.

Philippine VP Sara Duterte to run for president in 2028 elections

Analysts say her government could turn the major US ally away from Washington in favour of Beijing

GoTyme took more than two years after its launch in October 2022 before introducing its first lending product, a buy now, pay later service.

Philippines’ digital banks chase profits as regulator ups the stakes

Both GoTyme and Tonik have said they aim to become net profitable in the next year

Filipino Vice-President Sara Duterte was successfully impeached by the House in 2025, but efforts to bring her to trial in the Senate fell through in July.

Philippines VP Duterte faces third impeachment complaint

A group of Filipino lawyers and priests are accusing her of graft and corruption over an alleged misuse of public funds