Read the latest news from regional and global sources, presenting different voices and perspectives.
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),...
Manila Water to buy bulk water supply company from Razon’s PrimeInfra for P37.8-B
Philstar
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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 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...
Philippine corporate governance hindered by highly concentrated ownership, OECD says
Business World
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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,”...
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...
Banks and telecom giants overtake tech in H-1B visa hiring, data shows
The American Bazaar
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June 30, 2025
The H1B visa is now sought by other fields more than tech. Major banks and telecom firms have emerged as top recruiters of new H-1B visa workers in recent years, surpassing some of Silicon Valley’s biggest names, according to newly released...
Prime Infra consolidates Wawa water project under Manila Water
Business World
·
June 30, 2025
MANILA WATER Co., Inc. has acquired full ownership of WawaJVCo, Inc., consolidating the Wawa Bulk Water Supply Project under its operations in a P37.8-billion transaction with parent firm Prime Infrastructure Capital, Inc. (Prime Infra). In a...
Walang tulugan uli! Isko Moreno patrols streets of Manila
Politiko
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July 1, 2025
Manila Mayor Isko Moreno Domagoso hit the ground running on his first day in office, working the city’s streets way beyond office hours. Domagoso patrolled the city’s streets overnight to ensure compliance to the curfew ordinance and cleanliness...
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...
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...
Beijing sanctions Manila’s South China Sea legal claim architect Francis Tolentino
South China Morning Post
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July 1, 2025
China has announced sanctions on former Philippine Senate leader Francis Tolentino, a key ally of the Southeast Asian country’s President Ferdinand Marcos Jnr on South China Sea issues. Beijing accused Tolentino of “egregious conduct on...
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...
Evolution’s first live casino studio in Asia now operational in the Philippines
GGRAsia
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July 1, 2025
Evolution AB, a business-to-business provider of online casino products to gaming operators, says it has opened its first-ever live casino studio in Asia. “Located in Cebu, the Philippines, the studio marks a significant milestone in Evolution’s...
Understanding the evolving trade dynamics and financial implications
Business World
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June 30, 2025
The global trade landscape in 2025 is poised for significant shifts, particularly as protectionist measures, national interests, and multi-lateral alliances converge. Tools, like game theory, offer a robust framework for assessing the strategies...
Vietnam’s homegrown technologies power its rise on global innovation map
VietnamPlus
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June 30, 2025
Hanoi (VNA) - A growing number of "Make in Vietnam" technological products have successfully built reputable brands both domestically and internationally, gradually asserting Vietnam’s position on the global tech map. Showcasing domestic R&D...
Central bank revises BoP forecasts for 2025, 2026
Business World
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June 30, 2025
THE BANGKO SENTRAL ng Pilipinas (BSP) revised its balance of payments (BoP) forecasts for this year and 2026 amid heightened global uncertainty. In a statement, the BSP said the overall BoP position is projected to end 2025 at a $6.3-billion...
Cargill Philippines strengthens feed production in Mindanao
nutriNews
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July 1, 2025
From left: Erwin Saballa, Biotech COO; Rey Chiang, Biotech CEO; Sonny Catacutan, Cargill Senior Managing Director; and Carlito Fernando, Cargill Director for Manufacturing and Supply Chain. 01 Jul 2025 Cargill is further strengthening its presence...
An ancient village in the Himalayas ran out of water. Then, it moved and started over
Associated Press
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July 1, 2025
SAMJUNG, Nepal (AP) — The Himalayan village of Samjung did not die in a day. Perched in a wind-carved valley in Nepal’s Upper Mustang, more than 13,000 feet (3,962 meters) above sea level, the Buddhist village lived by slow, deliberate rhythms —...
World Associated Press An ancient village in the Himalayas ran out of water. Then, it moved and started over
Yahoo News
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SAMJUNG, Nepal (AP) — The Himalayan village of Samjung did not die in a day. Perched in a wind-carved valley in Nepal's Upper Mustang, more than 13,000 feet (3,962 meters) above sea level, the Buddhist village lived by slow, deliberate rhythms —...
Philippine consumers more resilient than expected, leading retailers say
Nikkei Asia
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MANILA -- Philippine consumers are proving more resilient than expected but remain cautious in how they spend, according to two of the country's leading retailers, as slowing inflation and healthy remittances compensate for sluggish economic...