Hong Kong is seeking closer economic and cultural engagement with the Philippines as both economies navigate a rapidly changing global landscape. At a Chinese New Year gathering in Taguig City, a Hong Kong official highlighted…
New Cebu Int’l Container Port to break ground…
The construction of the New Cebu International Container Port (NCICP), a long-delayed multibillion-peso project, is set to begin by the end of 2024, according to Department of Transportation (DOTr) Undersecretary for Maritime Sector Elmer Francisco…
S&P rating upgrade vote of confidence in Phl’s…
Finance Secretary Ralph Recto has highlighted that Standard & Poor’s (S&P) recent decision to affirm the Philippines' BBB+ credit rating and upgrade its outlook to "positive" is a strong endorsement of the government's economic and…
Phl faces labor challenges amid technological change, AI…
The Philippines, along with other countries in the East Asia and Pacific region, is set to experience rapid economic growth, projected at 4.8% in 2024. However, as the nation advances, the shift toward automation, artificial…
Booksale closes some branches, begins ‘new chapter’
Booksale Philippines is entering a "new chapter," with some of its branches closing, but CEO Josh Sison assures Filipino bookworms of "exciting plans" ahead. In a statement on Facebook on Tuesday, Sison thanked loyal customers…
Filipino trader recovers P560-K loss, earns P2.9-M from…
A Filipino trader has made a remarkable recovery after losing over P500,000 in a cryptocurrency scam, known as a rug pull, by turning a setback into a profitable opportunity through the memecoin Seal Dog on…
Gold prices surge globally; Phl sees production drop
Gold prices have been rising globally this year, with China’s gold market leading the charge in October, according to a recent report from the World Gold Council. The London Bullion Market Association (LBMA) gold price…
Jollibee acquires full ownership of Michelin-starred Tim Ho…
Jollibee Foods Corporation (JFC) announced it will acquire full ownership of the Tim Ho Wan brand, renowned for its Michelin-starred Cantonese cuisine. In a disclosure to the stock exchange, JFC said its subsidiary, Jollibee Worldwide…
Phl courts British investors
The Philippine government is actively courting British investors, urging them to take advantage of opportunities in the country's growing economy. Finance Secretary Ralph Recto emphasized the Philippines' potential for high returns during the Philippine Economic…