Thursday, 28 August 2025, 4:14 am

    Tag: Philippines

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    Philippine debt edges higher, still controlled

    Outstanding Philippine government debt ticked up slightly to P16.684 trillion by end-March 2025, a 0.31 percent month-on-month increase, signaling stability rather than strain.

    ADB forecasts strong Philippine growth, ‘Blue Economy” opportunities

    The Asian Development Bank (ADB) has forecast that the Philippine economy will grow at a robust pace of 6.0 percent in 2025 and 6.1 percent in 2026, driven by strengthened domestic demand and sustained public investment. This growth follows a 5.6 percent expansion in 2024.

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    GCash launches ‘Tap to Pay’ for contactless global payments

    Philippine fintech firm GCash has launched Tap to Pay, a new contactless payment feature that allows users to make transactions by simply tapping their NFC-enabled Android phones on Mastercard-accepting terminals worldwide.

    VICT secures long-term enterprise agreement with Aussie unions

    Victoria International Container Terminal (VICT), the Australian subsidiary of International Container Terminal Services, Inc. (ICTSI), has signed a comprehensive enterprise agreement with local unions, securing labor conditions across its operations until March 2029.

    Cebu Pacific adds direct Cebu–El Nido Flights, expands domestic reach

    Cebu Pacific will launch daily direct flights between Cebu and El Nido beginning 26 October, further strengthening its domestic network and enhancing inter-island connectivity in the Philippines.

    SMC, Quezon City in pact expanding flood control, river rehab efforts

    San Miguel Corp. (SMC) has formalized a partnership with the Quezon City government in a newly signed memorandum of agreement (MOA) to scale up flood control and river rehabilitation efforts under its Better Rivers PH program.

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