The World Bank's Philippines Economic Update (PEU) said on June 7 that it expects the Philippines' gross domestic product (GDP) to grow 6% this year and 5.9% in 2024 due to solid domestic demand.
Another 80 Vietnamese citizens recently rescued from a casino in Pampanga province, near Manila capital of the Philippines, have been safely repatriated, raising the number of those returning home so far to 140, said Deputy Spokesman of the Ministry of Foreign Affairs (MoFA) Nguyen Duc Thang.
The World Bank (WB) on May 31 approved a 176-million-USD loan to fund a fisheries project that aims to improve fisheries management, enhance the value of fisheries production, and raise incomes for coastal communities in the Philippines.
Sixty of the Vietnamese citizens recently rescued from a gambling establishment in Pampanga province, near Manila capital of the Philippines, arrived in the homeland on early May 30.
A supportive ecosystem for startups has been established in the Philippines and it continues to evolve, providing a platform for the development of innovative enterprises, according to a new report of the Asian Development Bank (ADB).
The 10th meeting of the Vietnam-Philippines Joint Permanent Working Group on Maritime and Ocean Concerns (JPWG-MOC) took place in Ha Long City, the northern province of Quang Ninh on May 15-16.
Philippine President Ferdinand Marcos Jr on May 15 approved the import of up to 150,000 tonnes of sugar to stabilise local prices due to domestic shortfall.
At least 40 domestic flights have been canceled on May 1 due to a power failure at Ninoy Aquino Airport, the main airport in the capital city of Manila, the Philippines.
The Department of Trade and Industry (DTI) of the Philippines has initiated a safeguard investigation on imported liquefied petroleum gas (LPG) steel cylinders, according to the Trade Remedies Authority of Vietnam (TRAV) under the Vietnamese Ministry of Industry and Trade.
The massive oil leak from a tanker that sank off the Philippines' Oriental Mindoro province a month ago has affected at least 63 tourism sites and 1,000 workers in the field, the country's Department of Tourism (DOT) reported.
Malaysia’s Petroliam Nasional Bhd (PETRONAS) and the Philippines’ Phoenix Petroleum have inked a memorandum of understanding (MoU) to jointly explore a partnership in downstream marketing business and associated technology solutions in the Philippines.