Category Archives: Politics

Duterte: China Should Temper Its Behavior in Disputed Waters

MANILA, PHILIPPINES The Philippine president said Tuesday that China’s claim to airspace above newly built islands and surrounding waters in the disputed South China Sea is wrong and Beijing should not tell others to leave those areas to avoid possible… Read More

Malaysia PM on China, Rohingya, Singapore, Graft and Sea Row

PUTRAJAYA, MALAYSIA Malaysian Prime Minister Mahathir Mohamad commented on lopsided China-backed projects, treatment of Myanmar’s Rohingya Muslims, the South China Sea furor, a water treaty with Singapore and the country’s financial mess in an interview Monday with The Associated Press.Here… Read More

SINGAPORE TO ENSURE NO SINGLE ISSUE DOMINATES TIES WITH MALAYSIA – REPORT

SINGAPORE, Despite a recent spate of back-and-forth over the water agreement and a “game-changing” rail project, Singapore and Malaysia share more common interests than differences, and the Republic will work to ensure no single issue will dominate bilateral ties, TODAYOnline… Read More

FDI Net Inflows Grow by 142.9 Percent in May 2018; First Five Months’ Level Reaches US$4.8 Billion

Foreign direct investments (FDI) net inflows rose more than twice in May 2018 to US$1.6 billion from US$677 million recorded last year.1,2 This reflects continued investor confidence in the Philippine economy’s strong macroeconomic fundamentals and growth prospects. All FDI components… Read More

Bangko Sentral ng Pilipinas Honors its Stakeholders in Region VII

The Awards and Appreciation Ceremony for Stakeholders of the Bangko Sentral ng Pilipinas (BSP) in Region VII was held at the Banking Hall, BSP Cebu Regional Office, Cebu City on 7 August 2018. First Consolidated Bank, Inc. was chosen as… Read More

Bangko Sentral ng Pilipinas Honors its Stakeholders in Region VII

The Awards and Appreciation Ceremony for Stakeholders of the Bangko Sentral ng Pilipinas (BSP) in Region VII was held at the Banking Hall, BSP Cebu Regional Office, Cebu City on 7 August 2018. First Consolidated Bank, Inc. was chosen as… Read More

End-July 2018 GIR Level Settles at US$76.89 Billion

Preliminary data showed that the country’s gross international reserves (GIR) level stood at US$76.89 billion as of end-July 2018, Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla, Jr. announced today.1 This was lower than the US$77.53 billion level recorded… Read More