Philippines Financial News
15.11 / 10:21
markets
Google
Strategy
Experts
prevention
boating
Chinese, Philippine forces again avoid clash in fiercely disputed shoal under rare deal
South China Sea without any confrontation with Chinese forces guarding the disputed area, officials said Friday. The Philippine delivery of supplies and military personnel on Thursday to the Second Thomas Shoal was the third such trip that did not lead to any confrontation since July, when both sides signed a rare deal to stop an alarming spike in violent confrontations. «The Armed Forces of the Philippines continues to uphold its mandate of safeguarding Philippine sovereignty and ensuring the welfare of its stationed personnel in the West Philippine Sea,» military spokesperson Col Xerxes Trinidad said, using the Philippine name for the South China Sea. «There were no untoward incidents during the mission,» Trinidad said.
14.11 / 15:33
Progressive
Aware
Strategy
country
innovations
Pharmaceuticals
PMI’s Science-Led shift: Dr. Moira Gilchrist argues for Tobacco Harm Reduction at Technovation 2024
At Technovation, science takes centre stage, playing a crucial role in the evolving landscape of tobacco alternatives. Philip Morris International (PMI) recently hosted its ninth Technovation event ‘30 years of innovation, 10 years of progress at the Cube, its R&D centre in Neuchâtel, Switzerland. In this context, PMI’s Chief Communications Officer, Dr. Moira Gilchrist, shares her perspective on the critical role of science & technology in driving PMI's commitment to a smoke-free future.
14.11 / 02:23
markets
Digital
security
Election
reports
Who is Tulsi Gabbard, Donald Trump’s pick for director of national intelligence?
Donald Trump has appointed former Democratic Representative Tulsi Gabbard to be the next director of national intelligence, according to an AP report. This role sits at the top of the nation’s intelligence agencies and serves as the president’s main intelligence adviser. As per an AP report, Gabbard, who has over two decades of military experience, doesn’t have the traditional intelligence background of past directors. After leaving the Democratic Party in 2022, she endorsed Trump earlier this year, gaining popularity among his base. Here’s a closer look at Gabbard:
13.11 / 01:05
markets
COST
Provident
Trade
country
King coal is dirty, dangerous—and far from dead
Subscribe to enjoy similar stories. BRITAIN WAS the first country to generate electricity from coal. On September 30th that era came to an end when it closed its last coal-fired plant, amid much self-congratulation.
12.11 / 21:15
markets
Digital
CEO
PAM
Features
New Visa payment features launched in US. What does it mean for customers?
Visa said on Tuesday it was rolling out a flexible payments feature in the U.S. and the United Arab Emirates, as it looks to capitalize on the growing demand for a variety of transaction options. The «flexible credential» feature, already available in Hong Kong, Japan, the Philippines, Singapore, Thailand and Vietnam, lets customers use a single card to pay from different funding sources, the payments processor said. Customers are increasingly prioritizing convenience and flexibility in payments, especially as e-commerce flourishes, prompting companies to take proactive steps to maintain their edge in an industry being reshaped by digital disruptors.
12.11 / 14:03
security
Election
President
rights
Philippine defense secretary doesn't expect Trump will demand payment for protection
Philippine Defense Secretary Gilberto Teodoro says he doesn't expect U.S. President-elect Donald Trump’s next administration will demand the Philippines pay more for military protection because both allies face the shared threat of China
10.11 / 11:37
markets
Digital
Waters
PAM
exclusive
International
China delimits contested South China Sea shoal in dispute with Philippines
China has published baselines for a contested shoal in the South China Sea it had seized from the Philippines, a move that's likely to increase tensions over overlapping territorial claims. The Foreign Ministry on Sunday posted online geographic coordinates for the baselines around Scarborough Shoal. A nation's territorial waters and exclusive economic zone are typically defined as the distance from the baselines. Both China and the Philippines claim Scarborough Shoal and other outcroppings in the South China Sea. China seized the shoal, which lies west of the main Philippine island of Luzon, in 2012 and has since restricted access to Filipino fishermen there. A 2016 ruling by an international arbitration court found that most Chinese claims in the South China Sea were invalid but Beijing refuses to abide by it. Ships from China and the Philippines have collided several times as part of increased confrontations, and the Chinese coast guard has blasted Philippine vessels with water cannons.
05.11 / 20:43
05.11 / 17:53
05.11 / 17:53
04.11 / 17:19
03.11 / 09:41
economy
Sustainability
Fitch
country
reports
International
When will global credit rating agencies get their assessments of India right?
Subscribe to enjoy similar stories. India’s 2020-21 Economic Survey had observed, “Never in the history of sovereign credit ratings has the fifth largest economy in the world been rated as the lowest rung of the investment grade (BBB-/Baa3). Reflecting the economic size and thereby the ability to repay debt, the fifth largest economy has been predominantly rated AAA.
31.10 / 17:21
UPS
economy
ICE
Death
country
reports
Asia needs to spend much more to adapt to climate change and limit its damage, bank study says
A study by the Asian Development Bank shows that countries in Asia will suffer worse damage from the climate crisis than other regions and they are not spending enough to limit the damage and adapt to changing weather patterns and natural disasters
30.10 / 14:37
29.10 / 02:25
markets
security
SPY
Experts
social
information
China warns of deep-sea spying devices, underwater 'lighthouses' that guide foreign submarines
China's Ministry of State Security said on Tuesday that it had retrieved spying devices both on the ocean surface and in the depths of the sea, including underwater «lighthouses» that could guide the transit of foreign submarines. The ministry said it had uncovered devices that had been hidden on the ocean floor and were sending back information that could «pre-set the field for battle,» in an article on its official WeChat account, China's most popular social media app. Recent sea and air confrontations in the South China Sea between China and the Philippines over competing territorial claims in the highly strategic waterway have raised the risk of an escalation that could eventually involve the U.S., which is treaty-bound to defend the Philippines if it is attacked.
27.10 / 21:07
26.10 / 20:13
markets
Netflix
Sony
film
Experts
country
rights
Harold and the Purple Crayon: What we know about streaming release date in US and other regions
Harold and the Purple Crayon, which is based on the beloved book by Crocket Johnson, will soon be available for streaming on Netflix. The film follows Harold, a young boy who creates magical adventures with his purple crayon.
23.10 / 19:57
20.10 / 15:47
UPS
War
show
rights
Arsenal
Scatter and survive: Inside US military shift to deny China ‘big, juicy’ targets
Subscribe to enjoy similar stories. The remote Pacific airfield used to launch the atomic bombings of Japan during World War II is being revived with a different foe in mind: China. Runways emerging from the encroaching jungles on the tiny island of Tinian, a U.S.
18.10 / 16:39
Blockchain
FIVE
Pool
awards
community
Features
GAM3 Awards 2024: Finalists Announced for $5M Prize Pool
Mao is the Editor for Partnerships and Sponsored Content at Cryptonews. With five years in the crypto industry, she collaborates with partners to bring the latest updates and insights to our readers.
17.10 / 18:09
markets
FIVE
economy
PAM
country
reports
India to be 3rd-largest economy by 2030, but population poses challenges: S&P
global economy by 2030, but its rising population presents mounting challenges in basic service coverage, S&P Global Ratings said on Thursday. «India is poised to be the fastest-growing major economy over the next three years and the third largest globally by 2030,» the ratings firm said in a report titled 'Look forward Emerging Markets: A decisive decade'. Emerging markets will play a crucial role in shaping the global economy over the next decade, averaging 4.06% GDP growth through 2035 compared with 1.59% for advanced economies, it said.
what's happening in Philippines
What is the current situation in Philippines?
In Philippines, the spotlight is on socially significant developments that impact the interests of residents.
Where can I find reliable news about Philippines?
We publish in-depth coverage about the situation in Philippines, based on information from trusted sources.
What shapes the media agenda in Philippines?
The news landscape of Philippines is shaped by key decisions by local authorities, reflecting its local way of life.