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Despite deals, US tariffs pose a challenge to export-oriented Asian economies

Despite deals, US tariffs pose a challenge to export-oriented Asian economies

A container is loaded onto a cargo ship while docked at a port under the Port Authority of Thailand, following the announcement that US President Donald Trump would impose tariffs of 36% on goods from Thailand starting on August 1, in Bangkok,...

Philippines ‘least safe’ to travel to? Sorry, Canadian firm says

Philippines ‘least safe’ to travel to? Sorry, Canadian firm says

A Canadian travel insurance comparison firm has issued a formal apology and withdrawn a controversial ranking that labelled the Philippines as the least safe country in the world – a designation that provoked sharp condemnation from the Philippine...

Filipino director pushes back after Beijing tries to censor West PH Sea film

Filipino director pushes back after Beijing tries to censor West PH Sea film

MANILA, Philippines – A Filipino documentary chronicling military resupply missions and fishermen’s daily struggles in the West Philippine Sea has sparked diplomatic tension after China attempted to halt the film’s initial screening. Directed by...

Over 2,000 Indonesian retail stores operating in Philippines

Over 2,000 Indonesian retail stores operating in Philippines

Jakarta (ANTARA) - More than 2,000 Indonesian retail stores are now operating in the Philippines, with further expansion planned in Bangladesh and Malaysia, according to Trade Minister Budi Santoso. He said that the 2,400 stores, opened by members...

Philippine Population Officially Tops 112.7 Million in 2024

Philippine Population Officially Tops 112.7 Million in 2024

Share Post Viber icon Viber Email The 2024 census marks a 3.4% increase since 2020, with the data now serving as the basis for budget allocations, policy planning, and local development programs. MANILA, Philippines – The Philippine population has...

Explainer: 20% tax on interest income from bank deposits under CMEPA

Explainer: 20% tax on interest income from bank deposits under CMEPA

MANILA, Philippines — Public backlash is growing over parts of the Capital Market Efficiency Promotion Act (CMEPA), particularly provisions on taxing interest from bank deposits. And the Department of Finance (DOF) has pushed back, blaming “fake...

I love the Philippines, my country

I love the Philippines, my country

Share Post Viber icon Viber Email Even though I spent half of my life in government press and public information work, I had already been exposed to writing and editing jobs before daily news and feature deadlines—especially when there were daily...

Business : US Tariffs Could Drag ASEAN-5 GDP Growth To 1.5 Pct In 2026 -- Economist

Business : US Tariffs Could Drag ASEAN-5 GDP Growth To 1.5 Pct In 2026 -- Economist

KUALA LUMPUR, July 17 (Bernama) -- ASEAN-5 gross domestic product (GDP) growth is projected to fall to just three per cent in 2025 and as low as 1.5 per cent in 2026 if knock-on effects from the United States (US) tariffs continue, said Bloomberg...

Philippines lawmaker pushes Marcos to tackle online gambling in upcoming SONA

Philippines lawmaker pushes Marcos to tackle online gambling in upcoming SONA

Philippine President Ferdinand Marcos Jr. is reviewing mounting calls for a total ban on online gambling in the nation, with lawmakers hoping he will announce his position during his State of the Nation Address on July 28th. Palace Press Officer...

Singapore to Roll Out Business Adaptation Grant in October

Singapore to Roll Out Business Adaptation Grant in October

Amid intensifying global trade pressures, Singapore is taking decisive steps to shield its economy from external shocks. One of the most significant developments is the upcoming launch of the Business Adaptation Grant in October 2025. This new...

CMEPA and the 20% tax: What it means for your bank savings

CMEPA and the 20% tax: What it means for your bank savings

MANILA, Philippines — Netizens were in an uproar when banks implemented new tax rates on savings interest, prompting many to ask: “What’s going to happen to my savings?” The changes stem from the Capital Markets Efficiency Promotion Act (CMEPA), a...

Trade wars threaten Asia-Pacific sovereign ratings

Trade wars threaten Asia-Pacific sovereign ratings

By Luisa Maria Jacinta C. Jocson, Senior Reporter TRADE WARS and geopolitical risks could threaten Asian economies’ credit rating, including the Philippines, S&P Global Ratings said. “Tariffs and wars pose increased risks to Asia-Pacific sovereign...

GoTyme Bank Surpasses 6.5 Million Users and PHP 30 Billion in Deposits

GoTyme Bank Surpasses 6.5 Million Users and PHP 30 Billion in Deposits

Free Newsletter Get the hottest Fintech Philippines News once a month in your Inbox GoTyme Bank has announced that it has acquired over 6.5 million users and holds more than PHP 30 billion in customer deposits in under three years. This growth...

Marcos seen to back Blue Economy Act, says Palace

Marcos seen to back Blue Economy Act, says Palace

MANILA, Philippines — President Ferdinand Marcos Jr. is likely to give his green light to the proposed Blue Economy Act, which seeks to enrich the country’s marine resources and protect the rights and welfare of fisherfolk, a Palace official said...

Chinese carmakers take the wheel in Malaysia’s fast-charging EV market

Chinese carmakers take the wheel in Malaysia’s fast-charging EV market

[KUALA LUMPUR] Chinese electric vehicle (EV) brands have quietly overtaken European, American and even local competitors to dominate Malaysia’s emerging EV market, riding a wave of shifting consumer perception, favourable pricing and aggressive...

Palace advances the Philippines’ archipelagic identity with MC87

Palace advances the Philippines’ archipelagic identity with MC87

Malacañang has issued Memorandum Circular No. 87 (MC87), instructing all government agencies to actively promote the Philippines as a “maritime and archipelagic nation.” Executive Secretary Lucas Bersamin signed the memo last Friday, July 11, but...

Philippines DMW Advisory for the Red Sea and Gulf of Aden

As reported by Manila law office Del Rosario and Del Rosario, the advisory provides: “Ship Rerouting and Compliance with Existing Orders All licensed manning agencies (LMAs) and their principals/shipowners must reroute or divert their ships manned...

Carla Abellana calls out alleged tax corruption in the Philippines

Carla Abellana calls out alleged tax corruption in the Philippines

Carla Abellana has taken to social media to express her frustration over what she claims is “blatant corruption” in the property tax declaration process in the Philippines. In a series of Instagram Stories, Abellana shared screenshots of a...

Canada announces steel tariffs on some trade partners to protect domestic industry

Canada announces steel tariffs on some trade partners to protect domestic industry

Prime Minister Mark Carney on Wednesday said Canada will introduce a tariff rate quota for countries with which it has free trade agreements, excluding the United States, to protect the domestic steel industry. A 50% tariff will apply to imports...

Global Wellness Tourism Market Revenue To Worth USDUSD 954.11 Billion By 2030, Driven By Holistic Health Demand  Focus Report Store

Global Wellness Tourism Market Revenue To Worth USDUSD 954.11 Billion By 2030, Driven By Holistic Health Demand Focus Report Store

(MENAFN- GetNews) "Global Wellness Tourism Market Research by Focus Report store"Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2025–2030.According to recent research by Focus...

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