Read the latest news from regional and global sources, presenting different voices and perspectives.
Philippines Manufacturing Sector Picks Up Steam In June - S&P Global
RTTNews
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July 1, 2025
The manufacturing sector in the Philippines accelerated in June, the latest survey from S&P Global showed on Tuesday with a manufacturing PMI score of 50.7. That's up from 50.1, and it moves further above the boom-or-bust line of 50 that separates...
Philippines faces rice price instability amid global unrest
FoodNavigator-Asia
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Rice is the major food commodity in most Asian countries, including the Philippines which is also one of the world’s major importers. Rice prices in this market have however been anything but stable over the past year, due to the effects of El...
Manila Water to buy bulk water supply company from Razon’s PrimeInfra for P37.8-B
Philstar
·
July 1, 2025
Manila Water [MWC 39.50, up 0.3%; 111% avgVol] [link] disclosed that it purchased 100% of the outstanding shares of WawaJVCo, Inc. (WawaJVCo) from PrimeInfrastructure Inc. (PII) for P37.8 billion. WawaJVCo owns bulk water supply contracts for 518...
Philippines: Merchandise exports gain steam in May
FocusEconomics
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June 30, 2025
Latest reading: Merchandise exports soared 15.1% annually in May, on the heels of April’s 7.6% rise. May’s result marked the most robust increase since April 2024. Meanwhile, merchandise imports fell 4.4% in annual terms in May (April: -2.5% yoy),...
Asian currencies: Taiwan dollar drops sharply
Business Recorder
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July 1, 2025
BENGALURU: Taiwan dollar fell sharply on Monday after a month of strong gains, stoking market talk about intervention by the central bank, while other regional peers edged higher, topping off a June shaped by geopolitical uncertainty and a softer...
Philippines ranks 79th in Climate Finance Vulnerability Index
Business World
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June 30, 2025
Home Infographics Philippines ranks 79th in Climate Finance Vulnerability Index July 1, 2025 | 12:00 am The Philippines ranked 79th out of 188 countries in the inaugural Climate Finance Vulnerability Index (CliF-VI) by the Columbia Climate...
Stock market dips, peso strengthens
Manila Standard
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June 30, 2025
Philippine shares traded lower Monday as investors booked gains ahead of key data releases. The peso, however, continued to strengthen against the U.S. dollar, closing at 56.33 from 56.57 on June 27. The 30-company Philippine Stock Exchange index...
Philippine corporate governance hindered by highly concentrated ownership, OECD says
Business World
·
June 30, 2025
CONCENTRATED corporate ownership, particularly among family owned listed firms, undermines corporate governance, the Organisation for Economic Co-operation and Development (OECD) said. “Concentrated ownership… can undermine corporate governance,”...
SmarTrade leads the way in financial literacy, trading opportunities for all Filipinos
The Manila Times
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July 1, 2025
SMARTRADE has been at the forefront of empowering Filipinos to thrive in today’s complex and evolving financial landscape. As a key player in advocating for financial literacy and economic inclusion across the Philippines, SmarTrade has remained...
P1000 monthly allowance to every Filipino student pushed in Congress
Cebu Daily News
·
July 1, 2025
MANILA, Philippines — A monthly allowance of P1,000 to every Filipino student is being pushed in Congress by Batangas 1st District Representative Leandro Legarda Leviste. This is the first bill that Leviste has submitted on the first day of his...
Qatar Airways and Philippine Airlines Commence Daily Flights from Manila to Doha
Travel Daily Media
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July 1, 2025
The new partnership allows passengers flying from Manila to Doha to perfectly connect to the airline’s unparalleled global network of over 170 destinations via Hamad International Airport. Qatar Airways and Philippine Airlines celebrate the new...
China sanctions former Philippine senator on maritime claims
The Straits Times
·
July 1, 2025
FILE PHOTO: A Chinese flag flutters outside the Chinese foreign ministry in Beijing, China February 24, 2022. REUTERS/Carlos Garcia Rawlins/File photo BEIJING/MANILA - China sanctioned former Philippine senator Francis Tolentino on Tuesday and...
Lithuania and the Philippines sign security pact
Saudi Gazette
·
July 1, 2025
MAKATI — Lithuania and the Philippines signed an agreement on Monday to build a security alliance resulting from their mutual alarm over what they perceive as growing aggression threatening their regions by countries such as China. The memorandum...
BSP expects BOP deficit of $6.3b amid global trade uncertainty
Manila Standard
·
June 30, 2025
The Bangko Sentral ng Pilipinas (BSP) revised its 2025 balance of payments (BOP) outlook to a deficit of $6.3 billion from the previous estimate of $4-billion shortfall amid global trade uncertainty. It said the revised outlook reflects a...
China Sanctions Former Philippine Senator as Tensions Swell
Yahoo Finance
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(Bloomberg) -- China has sanctioned former Philippine Senator Francis Tolentino, prohibiting him from entering mainland China, Hong Kong and Macau, in a rare move as tensions with Manila rise. Most Read from Bloomberg The move was announced by...
China bans ex-Philippine senator over South China Sea stance, Tolentino calls it a ‘badge of honour’
Malay Mail
·
July 1, 2025
BEIJING, July 1 — China sanctioned former Philippine senator Francis Tolentino on Tuesday and barred him entry, citing “egregious conduct” on matters such as the disputed South China Sea a day after the end of his six-year term. Tolentino, who...
Ayala Land Buys Philippine Hotel From Cash-Strapped New World
Forbes
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The 578-room New World hotel in the Makati business district.Courtesy of New World Ayala Land—controlled by tycoon Jaime Zobel de Ayala and his family—has acquired Hong Kong-listed New World Development’s hotel in the heart of the Makati business...
AP Business SummaryBrief at 12:42 a.m. EDT
Voice of Alexandria - Minnesota
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Trump vents online about service provider after conference call marred by glitch WASHINGTON (AP) — President Donald Trump is complaining about technical difficulties he experienced while trying to hold a conference call with faith leaders across...
The Philippines: DICT Builds Digital Leadership in Public Sector
OpenGov Asia
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June 30, 2025
As the Philippines accelerates its digital transformation, the Department of Information and Communications Technology (DICT) is intensifying its efforts to equip public sector leaders with the tools, knowledge and strategies required to embrace...
Marcos to SEC: Cut red tape, help Filipino investors
Politiko
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July 1, 2025
President Ferdinand Marcos Jr. on Tuesday ordered the Securities and Exchange Commission (SEC) to ensure the successful implementation of Republic Act 12214 or the Capital Markets Efficiency Promotion Act by cutting back on red tape and...