Two Filipino film projects are gaining international attention after earning recognition at the 30th Bucheon International Fantastic Film Festival (BIFAN) in South Korea. "My Missing Half," a Philippines-Japan co-production directed by Filipino filmmaker Rodiell Veloso, and "Ella Arcangel: Ballad...
The Washington-based International Monetary Fund (IMF) has further lowered its 2026 and 2027 economic growth forecasts for the Philippines on the assessment that the country sustained deeper wounds from the Middle East war. According to the July update of the IMF’s flagship World Economic Outlook...
Local equities rose for a sixth consecutive day as heavy buying in port operator International Container Terminal Services Inc. (ICTSI) countered afternoon profit-taking triggered by escalating tensions in the Middle East. The Philippine Stock Exchange index (PSEi) advanced 28.66 points, or 0.46...
Even as gold holdings thinned to an eight-month low, the Philippines’ gross international reserves (GIR) still rebounded in June, reaching $104.8 billion after hitting a 16-month low in May, as the government’s foreign-currency deposits with the Bangko Sentral ng Pilipinas (BSP) outpaced its...
Asiabest Group International Inc. (AGI), the shell company acquired by construction tycoon Francis Lloyd Chua, is seeking shareholder approval to fold in infrastructure and real estate assets at a valuation significantly lower than initially projected. In a statement, the investment company said it...
The Metro Manila International Film Festival will honor Lea Salonga with the Icon Award during its closing night gala on Sept. 6 at the Beverly Hilton in Beverly Hills, California. Lisa Lew, Executive Producer of the MIFF, said in a statement: "From sweeping major theater awards to voicing...
Razon-led International Container Terminal Services Inc. (ICTSI) is on track to become the first ₱2 trillion company listed on the Philippine Stock Exchange (PSE), rendering any speculative move to delist and seek an overseas debut unnecessary, according to the bourse’s top official. PSE...
The International Criminal Court (ICC) has partly granted prosecutors ' request to examine materials obtained from former president Rodrigo Duterte following his arrest and transfer to The Hague, while rejecting a separate bid to gain access to all keys seized from him. In a decision made...
International Finance Corp. (IFC), the World Bank Group’s (WBG) private-sector arm, is supporting a new initiative to expand lending to micro, small, and medium enterprises (MSMEs) in the Philippines, particularly in underserved areas outside Metro Manila, as part of efforts to improve...
Vietnam widened its lead over the Philippines in terms of gross national income (GNI) per capita as the Southeast Asian neighbors both aspire to attain the World Bank’s upper-middle-income-country (UMIC) status. A World Bank board report dated June 18 and disclosed last Monday, June 29, showed...
A decline in reserve assets and the national government’s (NG) debt servicing amid elevated borrowing costs widened the Philippines’ net external liability position to $54.9 billion in the first quarter of 2026. With the general government’s (GG) continued status as a net debtor, the...
The Philippines, still under a state of national energy emergency, has secured a record $1.02-billion World Bank Group (WBG) financing package to help lower electricity costs, accelerate renewable energy (RE) adoption, and strengthen water services nationwide. In a press release dated June 25 and...
