Philippines

Philippines mulls rate cut to spur demand after scandal hit
[MANILA] The Philippine central bank will consider another reduction in the benchmark interest rate next month to help spur demand, its top official said, after the economy was hit...
Ex-CIMB Singapore chief Victor Lee to join Security Bank in the Philippines as CEO
[SINGAPORE] Victor Lee, the former chief executive officer of CIMB Singapore, has been appointed president and CEO of the Philippine-listed Security Bank Corp, reported the Philippine Daily Inquirer on...
Del Monte Philippines’ FY2025 Ebitda rises 40%, as exports growth drives sales
[SINGAPORE] Del Monte Philippines said earnings for the year ended May 2025 rose, powered by higher domestic and international sales.The subsidiary of Philippine and Singapore-listed Del Monte Pacific said...
Alibaba Cloud launches global AI innovation hub in Singapore, two data centres in Malaysia, Philippines
[SINGAPORE] Alibaba’s cloud computing arm on Wednesday (Jul 2) launched a global artificial intelligence (AI) innovation hub in Singapore, which will support over 5,000 businesses and 100,000 developers globally....
Alibaba expands AI cloud services in Malaysia, Philippines
The company will accelerate the buildout of its global cloud network in China, Japan, South Korea, South-east Asia, the Middle East, Europe and Americas over the next three years,...
Philippines cuts key rate again as inflation stays below target
The Bangko Sentral ng Pilipinas reduced its overnight target reverse repurchase rate to 5.25% on Thursday Published Thu, Jun 19, 2025 · 04:03 PM[MANILA] The Philippine central bank lowered...
Philippines eyes India, Thailand rice to cut Vietnam reliance
[MANILA] The Philippines, the world’s top rice importer, plans to look beyond its dominant supplier, Vietnam, to ensure steady supplies and competitive prices at home.The agriculture department is in...
StarHub, Trends and Technologies ink MOU to boost digital transformation in the Philippines
[SINGAPORE] StarHub signed a memorandum of understanding on Monday (May 19) with Trends and Technologies, a systems integrator and enterprise ICT solutions provider headquartered in the Philippines, to bring...
Exclusive-Fake accounts drove praise of Duterte and now target Philippine election
By Poppy McPhersonBANGKOK (Reuters) - A sophisticated network of fake social media accounts sprang to the impassioned defence of former Philippine President Rodrigo Duterte after he was sent to...
Trump’s Tariffs Will Pummel Asia. But One Country Sees Opportunity.
For just about everyone in Asia, President Trump’s latest round of severe tariffs is a disaster. Everyone but Liu Gang, who sees this moment as a chance to double...
Nay Palad is the ultimate White Lotus swap in the Philippines
White Lotus may have Thailand on all our minds, but I just returned from my first trip to the Philippines, and I think I found the perfect place to...
Sembcorp to enter the Philippines’ renewable energy market via acquisition
The proposed deal’s total consideration is about S$105 million and is expected to be completed in H2 2025SEMBCORP Industries announced in a bourse filing on Friday (Jan 31) that...