The Business Times

The Philippines

International

Thousands rally in the Philippines as anger builds over flood graft

All transactions above 500,000 pesos, or their foreign currency equivalent, must be traceable through channels such as cheques, online fund transfers, direct credit to deposit accounts, or digital payments.
International

Philippines central bank tightens rules on large cash withdrawals amid graft crackdown

The US State Department approved the potential sale, valued at an estimated US$5.6 billion, earlier this year in what was seen as a significant capability boost for the Philippine Air Force amid rising regional tensions.
International

Philippines' potential purchase of F-16 jets on hold due to budget constraints

epa11709043 Philippine President Ferdinand Marcos Jr. delivers a speech after signing two new maritime laws during ceremonies at the Malacanang Presidential Palace in Manila, Philippines, 08 November 2024. The Maritime Zones Law identifies the archipelagic baselines and internal waters of the Philippines, while the Archipelagic Sea Lanes Law defines sea lanes that vessels may legitimately take within Philippine waters. The new laws come in the midst of the Philippines’ ongoing territorial dispute with China in several areas of the South China Sea. EPA-EFE/ROLEX DELA PENA
International

Philippines’ Marcos to remove flood control funding in 2026 budget

Economists are holding on to their growth projections for Indonesia for now, noting that recent protests rocked the political boat but are unlikely to result in major shifts in government policy.
ASEAN Business

Political turmoil hurting Thai growth; Jakarta riots leave Indonesia investors on edge

BDO reported a net income of 40.6 billion pesos (S$914.7illion) in the first half of the year, up 3 per cent from a year ago.
Banking & Finance

Top Philippine bank likely to sustain record profit, CEO says

Sara Duterte, Philippines' vice president, during a news conference in Mandaluyong, Metro Manila, the Philippines, on Friday, Feb. 7, 2025. Duterte said her lawyers are preparing to fight the impeachment case, signaling she’s ready to defend herself as her feud with President Ferdinand Marcos Jr. intensifies. Photographer: Lisa Marie David/Bloomberg
International

Philippines top court throws out impeachment complaint against VP Duterte

(FILES) Philippine President Rodrigo Duterte delivers his speech during the presentation ceremony of the signed document on the Organic Law for Bangsamoro Autonomous Region of Muslim Mindanao to officials of the Moro Islamic Liberation Front (MILF) at Malacanang palace in Manila on August 6, 2018. Former Philippines president Rodrigo Duterte was arrested on March 11, 2025 after landing at Manila's international airport by police acting on an International Criminal Court warrant over his deadly war on drugs, the presidential palace said. (Photo by TED ALJIBE / AFP)
International

Philippine ex-president Duterte wins mayoral race from cell in Hague

This photo shows a general view of cranes at the Port of Manila on July 2, 2024. (Photo by Ted ALJIBE / AFP)
International

Philippines GDP growth of 5.4% is a miss, even before tariff impact

An aerial view of Philippine scientists inspecting Sandy Cay reef in March 2024. News reports of China seizing Sandy Cay were false as a Philippine team had visited the sandbars on Sunday and found nobody there.
International

Philippines says China has not seized disputed South China Sea reef

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