Debt-watcher S&P Global’s affirmation of the Philippines’ investment grade status is a vote of confidence in the country’s medium-term growth prospects despite challenges posed by COVID-19, the government’s chief economic manager and central bank governor said. Finance Secretary Carlos...
Debt watcher S&P Global has affirmed the Philippines’ investment grade credit rating as the nation’s growth prospects remain strong despite the unprecedented economic shock from the pandemic. 8682 S&P Global maintained the country’s “BBB+” credit score with a “stable” outlook,...
The Philippines has opposed any potential "vaccine apartheid" in international travel and called for global pact recognizing the coronavirus jabs approved by World Health Organization (WHO) sufficient for the entry of travelers. A health worker prepares to administer a coronavirus vaccine at a...
International organizations Global Environment Facility (GEF) and the United Nations Environment Program (UNEP) are now helping the Philippine government to stop the use of highly toxic mercury in mining in compliance with its commitment under the Minamata Convention. According to a statement, the...
As some countries plan to reopen borders to fully vaccinated travelers, the government is hoping the brand of the coronavirus vaccine would not matter in global travel. A health worker prepares to administer a coronavirus vaccine at a vaccination site in Paranaque City on May 18, 2021. (Ali...
President Duterte has reiterated his call for greater global solidarity as the world continued to grapple with the coronavirus disease (COVID-19) pandemic. President Duterte speaks at the 2021 Nikkei Future of Asia Conference on Friday, May 21, 2021. (RTVM Screenshot from PCOO-OGMPA) Duterte made...
A waste-to-energy consortium is investing $200 million for its state of the art waste-to-energy (WTE) project in Clark. In a statement, of Metro Clark Waste Management Corp (MCWM) and Plambeck-Emirates Global Renewable Energy LLC said the project will pave the way for waste-to-energy...
Alliance Global Group, Inc. (AGI) registered a 20 percent drop in net profit to P3.2 billion in the first quarter of 2021 from the P4 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its profits declined as the global pandemic continues to...
Transport advocacy group Move As One Coalition has joined the global community in pushing for a 30-kilometer per hour (kph) speed limit on urban roads. (Photo from Dinna Louise C. Dayao / Move As One Coalition) The call--aimed at reducing air pollution, fighting climate change, and saving...
The country gets a chance to be "globally recognized as a maritime power" after Philippine Ports Authority (PPA) General Manager Jay Daniel R. Santiago was recently elected Vice President for Asia, South East and Oceania of the International Association of Ports and Harbors (IAPH). The global...
PEACE-MAKER Jose de Venecia Jr. Former Speaker of the House The United States and other world powers as well as the United Nations have called for “de-escalation” of deadly confrontation between the Israeli military and Palestinian forces in a bid to avoid a “full-scale war” between the two...
Megaworld subsidiary Global-Estate Resorts, Inc. (GERI), the Philippines’ leading developer of master-planned integrated tourism estates, reported a 21 percent improvement in attributable net income to P300 million in the first quarter of 2021. In a disclosure to the Philippine Stock Exchange,...
