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Stories from Philippines

185 stories in this location, newest first.

economy 7d ago Manila

China Expands Financial Support For SMEs

A government initiative will provide assistance to farmers and small and medium-sized enterprises (SMEs) affected by high interest rates. The government plans to assist low-income farmers, small-scale farmers, SMEs, and industries directly affected by high interest rates. Measures include retaining people, reducing living costs, and lowering production costs, particularly in agriculture. A budget of over 50 million baht is being prepared to purchase pesticides for farmers, aiming to reduce costs from imports. The Thai government will provide comprehensive support to Small and Medium Enterprises (SMEs) through credit management, anti-monopoly measures, and financial reforms. These measures aim to increase funding, reduce initial costs, and enhance business competitiveness, thereby driving economic growth and long-term employment.
BCC News Taiwan
politics 7d ago Manila

Hero Lapu-Lapu Honored In Philippines

This recognition honors his historical role in resisting foreign influence. A budget of over 50 million baht is being prepared to purchase pesticides for farmers nationwide to reduce import costs from Russia.
AIR Urdu Service
other 7d ago Lapu-Lapu City

Lapu-Lapu Recognized As First Philippine Resistance Fighter

The Philippine national agency will recognize Lapu-Lapu as the first Filipino to resist colonization. Lapu-Lapu was a ruler of Mactan Island who killed Ferdinand Magellan, a Spanish captain. This recognition honors his role in resisting colonial forces.
MCOT FM 100.5 News
conflict 7d ago Manila

Secret Service And Armed Man Exchange Fire In Manila

A shootout occurred between the Secret Service and an armed man. The man involved in the shootout was injured and transported to a hospital, though the motive for the attack is currently unknown.
Shonan Beach FM
politics 7d ago Manila

Tokyo Plans Early Military Asset Transfer To Manila

Tokyo is planning an early transfer of warships and aircraft to Manila. The plan aims to bolster regional security through the transfer of naval and aerial equipment. A source stated that he and Chodoro are strongly opposed to any early transfer of military assets.
CNA938 Singapore
science 7d ago San Julian

Magnitude 6.2 Earthquake Strikes West Sumatra

An earthquake occurred in San Julian City, Eastern Samar Province, at a depth of 56 kilometers. The earthquake's epicenter was located 10 kilometers southwest of Pariaman. The tremor was felt in Padang and other areas of West Sumatra.
MCOT FM 100.5 News
economy 7d ago Manila

17 Billion Pesos Project Sees Single Bidder

A project valued at 17 billion pesos has received only one bid. The details of the project were proposed, and the agreement allocates the funds. This situation has also been described as 17 billion pesos in works proposed.
CRI News Radio
economy 7d ago Manila

Manila Establishes Direct Trade Link With Ilocos Norte

Manila has opened a direct trade link with farmers from Ilocos Norte to facilitate agricultural commerce.
Mastodon
other 8d ago Bataan

Misinformation Circulates About Bataan Flooding

A claim that a tsunami-like wave successfully cleared tourist sites in Bataan province is inaccurate. The broadcast discussed the use of budgets for flood control or infrastructure to solve problems, noting that the situation has been repeated before. The broadcast stated that efforts and prayers have not changed the situation. The broadcast stated that the system does not consider fair development of society, including education or quality of social life, which involves economy, income, security, comfort, and freedom. Information about flooding submerging urban centers within 10 meters was a hoax, according to RRI Pro 1 Jakarta. The media's critical thought and discussions are open, but sometimes those who participate are intimidated.
RRI Pro 1 Jakarta
economy 8d ago Manila

Philippines Inflation Hits 37-Month High

The Philippine Statistics Authority reported that the national inflation rate reached 7.2 percent last month. Higher fuel and transport costs were cited as the primary drivers for the increase. April inflation in the Philippines rose to 7.2%, marking a 37-month peak. The surge is attributed to economic pressures amid the ongoing conflict in the Middle East. The increase is attributed to rising prices for goods and services. This economic indicator is a concern for consumers.
Mastodon