Companies in the Philippines are stepping up efforts to limit foreign exchange risks as global uncertainty fuels sharp swings in the peso, according to Bank of America Corp.
Companies in the Philippines are stepping up efforts to limit foreign exchange risks as global uncertainty fuels sharp swings in the peso, according to Bank of America Corp.
Shipments of nickel ore from the Philippines to Indonesia could as much as double to hit 30 million tons this year, a leading miner said, after Jakarta introduced drastic production curbs in an effort to revive the price of the metal.
Shipments of nickel ore from the Philippines to Indonesia could as much as double to hit 30 million tons this year, a leading miner said, after Jakarta introduced drastic production curbs in an effort to revive the price of the metal.
Many prospective investors who won contracts for renewable energy projects in the Philippines had no plans of building them. They were only waiting to sell those rights to someone else for the right price.
Many prospective investors who won contracts for renewable energy projects in the Philippines had no plans of building them. They were only waiting to sell those rights to someone else for the right price.
Impeachment efforts against Philippine President Ferdinand Marcos Jr. and his archrival, Vice President Sara Duterte, advanced Monday in a sign their feud is again set to dominate the country’s politics.
Impeachment efforts against Philippine President Ferdinand Marcos Jr. and his archrival, Vice President Sara Duterte, advanced Monday in a sign their feud is again set to dominate the country’s politics.
Sara Duterte Photographer: Lisa Marie David/Bloomberg
Philippine President Ferdinand Marcos Jr. said Thursday that he’s recovering from a condition in the digestive system, and assured the public that it’s not life-threatening.
Philippine President Ferdinand Marcos Jr. said Thursday that he’s recovering from a condition in the digestive system, and assured the public that it’s not life-threatening.
Ferdinand Marcos Jr. Photographer: Veejay Villafranca/Bloomberg
A ship with 23 containers of radioactive zinc dust that was stuck off the coast of the Philippines has unloaded the cargo, an official said, more than two months after the material was sent back from Indonesia.
A ship with 23 containers of radioactive zinc dust that was stuck off the coast of the Philippines has unloaded the cargo, an official said, more than two months after the material was sent back from Indonesia.
A Cosco Shipping Holdings Co. container sits stacked at a shipping terminal. Photographer: Akio Kon/Bloomberg
In early January, the Philippine peso slid to 59.38 per dollar — its weakest level on record. While it has since recouped some losses, officials have signaled a tolerance for further depreciation and traders are watching closely for any signs of central bank intervention.
In early January, the Philippine peso slid to 59.38 per dollar — its weakest level on record. While it has since recouped some losses, officials have signaled a tolerance for further depreciation and traders are watching closely for any signs of central bank intervention.
The Philippines plans to raise the amount of funds it gets from selling international bonds by more than 60% to $5.3 billion next year, as the government seeks to finance an economy stunted by a graft scandal.
The Philippines plans to raise the amount of funds it gets from selling international bonds by more than 60% to $5.3 billion next year, as the government seeks to finance an economy stunted by a graft scandal.
The Philippines plans to raise the amount of funds it gets from selling international bonds by more than 60% to $5.3 billion next year, as the government seeks to finance an economy stunted by a graft scandal.
The Philippines plans to raise the amount of funds it gets from selling international bonds by more than 60% to $5.3 billion next year, as the government seeks to finance an economy stunted by a graft scandal.
The Philippines plans to raise the amount of funds it gets from selling international bonds by more than 60% to $5.3 billion next year, as the government seeks to finance an economy stunted by a graft scandal.
The Philippines plans to raise the amount of funds it gets from selling international bonds by more than 60% to $5.3 billion next year, as the government seeks to finance an economy stunted by a graft scandal.
The International Criminal Court rejected former Philippine President Rodrigo Duterte’s appeal for interim release, in a further setback for the ex-leader who’s charged with crimes against humanity.
The International Criminal Court rejected former Philippine President Rodrigo Duterte’s appeal for interim release, in a further setback for the ex-leader who’s charged with crimes against humanity.
Senator Imee Marcos, the estranged sister of Philippine President Ferdinand Marcos Jr., said there’s a void in the nation’s leadership as politicians grapple with a growing corruption scandal and instead is backing his deputy as a potential replacement.
Senator Imee Marcos, the estranged sister of Philippine President Ferdinand Marcos Jr., said there’s a void in the nation’s leadership as politicians grapple with a growing corruption scandal and instead is backing his deputy as a potential replacement.
Philippine President Ferdinand Marcos Jr. said a resigned lawmaker who accused him of pocketing funds meant for flood infrastructure should return home, prove the allegations and face his own charges.
Philippine President Ferdinand Marcos Jr. said a resigned lawmaker who accused him of pocketing funds meant for flood infrastructure should return home, prove the allegations and face his own charges.