City Manila Financial News

13.02 / 13:28

UPS Strategy travelers Department International GMR group among favorites to win $3 billion Manilla airport project

redevelopment bid of Ninoy Aquino International Airport at Manilla. The other two bidders are San Miguel Corporation- conglomerate from the Philippines and the Manila International Airport Consortium (MIAC). GMR’s consortium also includes Cavitex Infrastructure Corporation- an infrastructure company from the Philippines and House of Investments which is the Yuchengo family office which operates Rizal Commercial Banking Corporation- one of the largest banks in Philippines. The bid results will be announced on February 14.

24.01 / 05:43

COST UPS Target wellness Headlines Philippine inflation remains an 'urgent' concern -Finance Minister

MANILA (Reuters) -Philippine Finance Secretary Ralph Recto said on Wednesday inflation remains a «most urgent concern» and must be kept under control.

21.01 / 20:11

FIVE Election President electronic reports NDA allies, SAD and a few regional players back '1 Nation, 1 Poll'

parties, including NDA allies and erstwhile BJP partner SAD, have responded favourably to the idea of 'one nation, one election', sources said. Former president Ram Nath Kovind-led high-level committee is likely to hold deliberations with chief election commissioner and Bar Council of India representatives in its next meeting on Saturday, sources said. Several parties, including BJP, are yet to get back to the panel and have sought more time. Lok Janshakti Party, Sikkim Krantikari Morcha, Tamil Manila Congress, PMK and SAD are among the parties that have backed the idea, sources said. The panel had sought views from 46 parties; only 17 have replied so far.

19.01 / 13:09

security country innovations reports International India and US plan development projects in the Philippines

Mint had earlier reported that this cooperation will now extend to the Pacific Islands as well. The Philippines, a key political and security ally of the US, has recently increased its defence procurement from India, including the BrahMos missile, amid strained relations with China over maritime disputes. Manila has accused China of using aggressive tactics and condemned the actions.

11.01 / 01:31

Man security Police track Investigations Police Catch South Korea’s ‘$3.5m Nursing Care Fund Crypto Thief’

Police in the Philippines have arrested a South Korean man suspected of stealing some $3.5 million from a nursing care fund – and spending the money on crypto.

05.01 / 04:11

Target Reuters Action Sustainability Food Low Philippine inflation at near 2-year low but rates likely to stay elevated

By Neil Jerome Morales and Mikhail Flores

03.01 / 15:25

Waters Aware security Southern President country rights China announces 'routine' military patrols in disputed South China Sea

China on Wednesday announced «routine» military patrols in the South China Sea, following recent clashes between countries in the disputed waterway. The People's Liberation Army's Southern Theater Command said it had «organised naval and air forces to conduct routine patrols» in the sea from January 3 to 4. The statement did not mention where exactly the patrols would take place or give specific details of their aims. Beijing claims almost the entire South China Sea and has ignored an international tribunal ruling that its assertions have no legal basis.

28.12 / 16:24

Cooper Waters Extreme Action country reports Chinese military irked by Indian naval ship's drills with Philippines navy

India and the Philippines in the disputed South China Sea, the Chinese military on Thursday said defence cooperation between different countries should not harm the interests of third countries and regional peace. Answering a question from Chinese official media about naval exercises between an Indian naval ship and the Philippines naval vessel besides plans by France to hold naval and air drills with the Philippine Navy, Spokesman of the Chinese Defence Ministry Senior Col Wu Qian said China has taken note of the reports.

26.12 / 04:20

Target Fighting Corning President Philippines extends tariff cuts on imported rice, other food items to fight inflation

MANILA (Reuters) — Philippine President Ferdinand Marcos Jr. has approved the extension of reduced tariffs on rice and other food items until the end-2024 to keep prices stable amid a threat of dry weather in the coming months, his office said on Tuesday.

25.12 / 09:18

Waters Extreme Action information reports Philippine actions in South China Sea 'extremely dangerous' - Chinese state media

Chinese state media accused the Philippines on Monday of repeatedly infringing on China's territory in the South China Sea, spreading false information and colluding with extraterritorial forces to cause trouble. The Philippines has relied on U.S. support to continually provoke China, with such "extremely dangerous" behaviour seriously harming regional peace and stability, China's Communist Party mouthpiece, the People's Daily, wrote in a commentary on Monday.

05.12 / 02:01

Target Reuters Philippines annual inflation at 4.1% in November

MANILA(Reuters) — Philippine annual inflation came in at 4.1% in November from the previous month's 4.9%, the statistics agency said on Tuesday, reflecting slower increases in food prices.

03.12 / 11:29

Waters show exclusive Philippines says more than 135 Chinese boats 'swarming' reef off its coast

MANILA: The Philippines said Sunday more than 135 Chinese vessels were «swarming» a reef off its coast, describing the boats' growing presence as «alarming». The Chinese boats were «dispersed and scattered» within the boomerang-shaped Whitsun Reef, which the Philippines calls Julian Felipe Reef, around 320 kilometres (200 miles) west of Palawan Island, the coast guard said. Whitsun Reef is more than 1,000 kilometres from the nearest major Chinese landmass of Hainan island. The Philippines said it counted 111 «Chinese maritime militia vessels» (CMM) on November 13.

03.12 / 09:55

Citi FIVE Southern President show country prevention 'Foreign terrorists' behind deadly Philippine bombing - officials

By Karen Lema and Neil Jerome Morales

01.12 / 08:57

BLOCK Waters Action Strategy President reports evacuation Philippines opens coast guard surveillance base in South China Sea to watch Chinese vessels

coast guard inaugurated a new monitoring base Friday on a remote island occupied by Filipino forces in the disputed South China Sea as Manila ramps up efforts to counter China's increasingly aggressive actions in the strategic waterway. Confrontations between Chinese and Philippine ships have intensified this year in the contested waters, resulting in minor but alarming collisions near the disputed Second Thomas Shoal occupied by a Filipino marine contingent in October.

30.11 / 08:23

China rejects Philippine claim of fighter jet fly-by

China's defence ministry on Thursday rejected a Philippine claim that Chinese fighter jets flew past joint patrols being conducted by the Philippines and Australia. What the Philippines said is «groundless» and «not true», said a ministry spokesperson at a monthly press conference. Manila said on Sunday that two Chinese fighter jets were seen «orbiting» a Philippine aircraft participating in patrols with Australia in the South China Sea but did not cause any untoward incident. What the Philippines said is sheer «malicious» hype, the spokesperson said.

29.11 / 16:45

BBC Death Patrick Corona pandemic President stars Philippines: World's 'saddest' elephant dies in Manila zoo. Know what Sir Paul McCartney, PETA said about Mali

Elephant Mali, who was the star attraction at Manila Zoo for four decades, died on Tuesday. Tributes have poured in for the elephant christened by activists as one of the world's «saddest». Announcing Mali's death in a Facebook video, Manila Mayor Honey Lacuna said visits to the zoo to see Mali were among her happiest childhood memories. She was seen last Friday constantly rubbing her trunk against a wall. Manila Zoo's Chief Veterinarian Dr Heinrich Patrick Peaa-Domingo said that it indicated that the Asian elephant was in pain.

27.11 / 07:27

Citi Digital Citizens Progressive Metro innovations Land Value Capture: A self-financing and sustainable model for infrastructure development

The World Bank estimates that India will need to invest approximately $ 840 billion in urban infrastructure over the next 15 years. The Union Budget 2023-24 has already allocated ₹10 trillion towards capital investment and has identified one hundred critical transport projects for first and last mile connectivity.

26.11 / 04:11

Action Southern social Department China, US exchange accusations over US vessel in South China Sea

China and the United States exchanged accusations at the weekend over the disputed South China Sea, after China's military said it had driven away a U.S. warship that the U.S.

16.11 / 09:11

Target Reuters Fighting economy Nov show country Philippine central bank stays on hold, maintains hawkish tone

By Neil Jerome Morales and Mikhail Flores

02.11 / 20:37

Target Cooper Action economy President country gatherings rights Yellen says the US economic relationship with China must consider human rights and national security

Treasury Secretary Janet Yellen says Washington wants to build an economic relationship with Beijing that takes into account national security and human rights and is fair to both sides

25.10 / 02:55

show Philippines posts budget deficit of $4.42 billion in September

MANILA (Reuters) — The Philippine government posted a budget deficit of 250.9 billion pesos ($4.42 billion) for September, 39% higher than the deficit in the same period last year, the Bureau of the Treasury said on Wednesday.

breaking news about city Manila

What is the current situation in city Manila?

In city Manila, the spotlight is on local government initiatives that affect the region’s daily life.

Where can I find reliable news about city Manila?

We publish verified updates about the situation in city Manila, based on information from official representatives.

What shapes the media agenda in city Manila?

The news landscape of city Manila is shaped by key decisions by local authorities, reflecting its specific characteristics.