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ASEAN cross-border remittance service to go live by 2026 – BSP
The Bangko Sentral ng Pilipinas along with other central banks in the region aims to operationalize multilateral cross-border fund transfers by July 2026......»»
Philippines bags $1.53B worth of investments in Australia
President Ferdinand Marcos Jr. has secured deals worth $1.53 billion or P86 billion in investments during the Philippine Business Forum at the ASEAN-Australia Special Summit in Melbourne, according to the Presidential Communications Office......»»
Marcos starts 4-day visit in Melbourne for Asean summit
MELBOURNE—President Ferdinand Marcos Jr. arrived in Australia at 7:15 p.m. (4:15 p.m. Manila time) on Sunday to start the four-day second part of his visit. He, along with the first lady Liza Araneta-Marcos and their official delegation, landed at Melbourne Airport aboard a chartered Philippine Airlines flight PR 001. He will be in Melbourne from.....»»
Philippines to achieve upper middle-income status by 2031
The Philippines is projected to be an upper middle-income economy by 2031, past the government’s target of reaching the status by 2025, amid a broader growth slowdown in the Association of Southeast Asian Nations (ASEAN) economy, ANZ Research said......»»
Cebu lampposts case: SC clears DPWH execs, contractor of graft
The Supreme Court acquitted three former officials of the Department of Public Works and Highways (DPWH) and a private contractor of graft charges in relation to the installation of allegedly overpriced lampposts during the 2007 Association of Southeast Asian Nations (Asean) summit held in Cebu. In a 22-page decision promulgated on Oct. 11, 2023, but made public only.....»»
‘Why we need to amend the restrictive economic provisions’ (Continued from last week)
Of the original five members of ASEAN – Indonesia, Malaysia, Philippines, Singapore and Thailand – we are unique in that some important economic sectors are singled out for specific protection under the Constitution, the fundamental law. All the other countries simply left all matters pertaining to economy and business to ordinary legislation......»»
Philippines leads Asean in vehicle output growth in 2023
The Philippines emerged as the fastest-growing country in Southeast Asia in terms of motor vehicle production in 2023 as it registered a 19.7 percent increase......»»
3 Northern Luzon cities named ‘Asean Clean Tourist Cities’
Three cities in Northern Luzon were recognized as “clean tourist cities” in Southeast Asia......»»
BDO raises record P63 billion from bond offer
BDO Unibank Inc. raised a record P63.3 billion from its bond issuance, as retail and institutional investors swarmed the bank’s second foray into the ASEAN sustainability bond market after almost two years......»»
Marcos’ two-day visit to Vietnam set on January 29-30
President Ferdinand Marcos Jr. is set to fly to Vietnam for a two-day state visit on January 29 where he will be discussing a range of regional affairs with leaders of the Philippines’ only strategic partner in the ASEAN bloc......»»
Philippines to lead ASEAN in growth this year
The Philippines is projected to be the fastest-growing economy in Southeast Asia this year, according to the Association of Southeast Asian Nations Plus 3 Macroeconomic Research Office......»»
TURNING POINT: K-12 Program: A Dismal Failure
NAAWAN, Misamis Oriental (MindaNews / 19 January) – The K-12 curriculum was adopted, supposedly to improve the quality of education in the country, mimicking the system in some countries in Europe and that of our ASEAN neighbors. Unfortunately, only the addition of two grade rungs, grade 11 and grade 12, otherwise known as the senior […].....»»
Diplomacy, soft power and education
Look through ASEAN development statistics and you will find that in the last 40 years, the Philippines has plummeted in most development indices as opposed to its neighbors......»»
ASEAN to remain among fastest growing regions
The Association of Southeast Asian Nations is likely to continue to see strong growth this year and remain among the fastest growing regions in the decade ahead, S&P Global Market Intelligence said. .....»»