Kidnap conviction seen lifting investor confidence and tourism
The conviction of seven kidnappers in the abduction of a 78-year-old businesswoman has strengthened the Philippines' reputation as a safer place to invest and visit, according to the Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII), which said swift justice can be as important as economic incentives in attracting business.
PEZA finds greener home, strengthens investor advantage
The Philippine Economic Zone Authority has a new address, but the bigger story is how the move could sharpen its investment promotion efforts while trimming costs and modernizing public service.
Taiwan sends P12M quake aid to Mindanao communities
Taiwan has extended USD200,000 (about P12 million) in humanitarian assistance to support relief and recovery efforts for communities devastated by the magnitude 7.8 earthquake that struck Mindanao on June 8, reinforcing its long-standing partnership with the Philippines in disaster response.
Upper-middle income, yet many Filipinos still feel left behind
The Philippines has earned an economic promotion. The World Bank now classifies it as an upper-middle-income economy, a milestone reached after years of growth and a steady post-pandemic recovery under President Ferdinand Marcos Jr.
Philippines steps up regional dengue defense drive together
Dengue does not stop at national borders, and neither should the fight against it. That was the message as the Philippines joined Southeast Asian health leaders in renewing regional cooperation against one of the region's most stubborn public health threats.
