The country’s gross international reserves (GIR), an indicator of capacity to pay for trade and debt obligations, rose to $99.7 billion as of end-January 2023 from the end-December 2022 level of $96.1 billion.
The Philippine Competition Commission (PCC) is restoring the mandatory 30-day notification period for mergers and acquisitions, tightening the timetable for regulatory scrutiny of major deals.
Ernest John “EJ" Obiena defended his Asian Games pole vault title Tuesday, but the Filipino champion left Japan with something almost as intriguing as the gold medal: a six-meter question left unanswered.
The Philippine property market is slowing, but developers are not exactly heading for the exits. Instead, a weak economy, higher borrowing costs, and geopolitical uncertainty are prompting a more deliberate approach to launches, leasing, and expansion, according to Colliers Philippines.
The Philippines is pushing for a coordinated ASEAN approach to illicit tobacco trade, proposing that exporting countries require cigarette shipments to comply with the regulatory and tax requirements of their declared destination markets.