Tuesday, September 25, 2018 - 4:53:41

Filipinos support Duterte’s war on drugs

World

Filipinos support Duterte’s war on drugs

Despite worldwide criticism, a majority of the Philippine people remained satisfied with the campaign against illegal drugs initiated by the administration of President Rodrigo Duterte, according to the second-quarter survey of the Social Weather Stations (SWS).

ADB approves 7.8 bln USD credit package for Philippines

World

ADB approves 7.8 bln USD credit package for Philippines

The Asian Development Bank (ADB)’s Board of Directors has approved a new six-year country partnership strategy with the Philippines, under which the bank will provide a credit package worth 7.8 billion USD to the Southeast Asian country until 2021 to support it in attaining sustained high and inclusive economic growth.

ADB loan helps Philippines expand financial services

World

ADB loan helps Philippines expand financial services

The Asian Development Bank (ADB) on September 19 announced that it had approved a 300 million USD loan to support the Philippine government's effort to expand financial services across the country, especially among entrepreneurs, small businesses, farmers, workers, and individuals, including women and vulnerable households.

Typhoon Mangkhut damages Philippine rice production

World

Typhoon Mangkhut damages Philippine rice production

Typhoon Mangkhut cost the Philippines a total of 250,730 tonnes of paddy rice after it hit across the nation’s northern provinces over the weekend, according to initial official estimates. The figure exceeded a previous forecast by 60 percent.

Three Indonesian hostages freed in Philippines

ASEAN

Three Indonesian hostages freed in Philippines

Three Indonesian fishermen abducted by members of an Islamist group have been freed 18 months after they were abducted in waters off the southern Philippines, the Philippine military said on September 16.

Philippines' external debt strongly drops

ASEAN

Philippines' external debt strongly drops

The Philippines' outstanding external debt stood at 72.2 billion USD by the end of June 2018, down by 997 million USD or 1.4 percent from the end of March 2018, the country’s central bank has announced.