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    Tag: Philippines

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    Philippine GDP remains one of Asia’s fastest growing in 2Q; growth 5.5%

    The Philippine economy expanded by 5.5 percent year-on-year in the second quarter of 2025, the Philippine Statistics Authority reported, reflecting sustained domestic activity across sectors.

    Philippines stuns Iran, wins 2025 Women’s Ice Hockey Asia Cup

    It was bound to happen—a rematch a year in the making, and this time, the ending was different. The Philippines and Iran—undefeated and dominant all tournament long—clashed in a high-stakes finale Friday at the 2025 Women’s Ice Hockey Asia Cup in Al Ain, United Arab Emirates. 

    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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    Megaworld, Accor team up to rebrand Manila Bay Hotel

    Megaworld Hotels and Resorts has partnered with global hospitality group Accor to rebrand the 1,530-room Grand Westside Hotel in Parañaque as Mövenpick Manila Bay Westside, set to become the world’s largest Mövenpick property.

    PH keeps strong credit score as S&P affirms “BBB+” rating

    The Philippines scored a major vote of confidence as S&P Global Ratings affirmed the country’s investment-grade credit rating, saying the economy remains one of Asia’s strongest despite a temporary slowdown.

    Batu Ampar Port to get single operator in 2025 as modernization push speeds up

    Batu Ampar Container Terminal (BACT) and Batam Terminal Petikemas (BTP), together with Interport Mandiri Utama, will take over as the single operator of the North Pier at Batu Ampar Port beginning December this year. The move is part of a major effort to modernize operations and boost Batam’s position as a regional logistics hub.

    GCash IPO feature draws strong demand, expands access for small investors

    GCash’s new in-app feature for buying shares in initial public offerings (IPOs) and follow-on offerings (FOOs) is gaining traction, opening fresh growth opportunities for listed companies while making the stock market more accessible to everyday Filipinos.

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