Manila – Fitch Ratings has affirmed the Philippines’ investment grade credit rating at ‘BBB’, reflecting the nation’s robust medium-term growth prospects and macroeconomic stability. This decision was influenced by the country’s declining liabilities a…
Manila – In the Philippines, the unexpected expansion of the economy in the third quarter of 2023 has led to a significant uptick in the local stock market and a strengthening of the peso. The Philippine Stock Exchange index (PSEi) witnessed a notable …
Iloilo City – In a significant anti-drug operation, authorities in Iloilo City seized approximately 3 kilograms of suspected shabu, valued at an estimated PHP20.4 million. The operation, which took place in Barangay Camalig in the Jaro district on Thur…
Manila – A significant drug bust in Cavite province resulted in the arrest of four suspects and the seizure of illegal drugs worth PHP23.8 million. The operation, conducted by agents of the Philippine Drug Enforcement Agency (PDEA), took place on Thurs…
Taguig City – Ireland has initiated its first high-level trade mission to the Philippines, recognizing the country as a significant market in Southeast Asia. The two-day Irish trade mission, led by the Bord Bia (Irish Food Board), is focused on enhanci…
SEOUL – Coway Co., a leading South Korean company, has reported a significant increase in its net income for the third quarter. The company’s net income rose to 137 billion won (US$104.5 million), marking a 20.2 percent increase from the same period la…
