The Philippines is expected to become the fastest growing economy this year among countries in the Association of Southeast Asian Nations (ASEAN)-5, according to First Metro Investment Corporation, the investment banking arm of Metrobank Group. According to First Metro president Rabboni Francis Arjonillo, the Philippines gross domestic product (GDP) is expected increase from 7% to… (0 comment)

The Department of Foreign Affairs announced on Wednesday, January 03, 2018, the issuance of passports with 10-year validity. “Since January 1 and 2 were holidays, passport applications made starting today, January 3, shall be 10-year valid, provided the applicant is not a minor,” said Director Geronimo Suliguin, Officer-in- Charge for DFA-Office of Public Diplomacy. The… (0 comment)

PH-led group to host 2023 FIBA World Cup, tops highlights in Asia’s basketball industry
2017 witnessed the festive moments of basketball fanatics from the region as the Philippine-led Asian consortium successfully secured the right to host the most awaited International Basketball Federation (FIBA) World Cup in 2023. Philippines, along with Japan and Indonesia, braved the bidding held last year against Argentina and Uruguay that also offer to host the… (0 comment)

PH-Indonesia maritime cooperation to “intensify” to fight extremism
In the light of the recent Marawi City crisis in Mindanao, Philippines, Rodrigo Duterte the President of the Republic of the Philippines seeks to intensify maritime cooperation with Indonesia especially for preventing the spread of extremism in the country. Indonesia Foreign Minister Retno Marsudi paid President Duterte a courtesy call at the Presidential guest house… (0 comment)

Stocks hit new high as 2018 starts
The Philippine stock market is off to a good start for the year 2018 as it tallied a main index reaching the 8,700 mark – a new all-time high. The Philippine stock market index (PSEi) recorded a finish of 8,724.13 resulting to a high 165.71 points equivalent to 1.94 percent, with regional markets playing a… (0 comment)

Here’s why the U.S. envoy said that the Philippine economy ‘can do so much better’
Before being assigned to be the new United States Ambassador to the Philippines, Sung Kim said that he saw a “tremendous” potential” towards the Philippine economy through the 4 million Filipinos working in the U.S. “There is a tremendous potential here in the Philippines. It’s a very young population, a hardworking population. There is a… (0 comment)