Business

Philippines and European Union Rekindle Discussions for Free Trade Agreement

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A fresh start to bilateral negotiations promises renewed opportunities for businesses and economic growth in the Philippines and the European Union. As the dawn breaks on another day of diplomacy, the Philippines and the European Union have returned to the negotiation table, determined to forge a Free Trade Agreement (FTA). This move, renewing dormant discussions […]

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In Response to Rising Prices, Philippines Boosts Agricultural Import for 2023

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A strategic move by the Philippines to import more agricultural commodities in 2023 could be a game changer in the nation’s ongoing battle with inflation. MANILA – Amid the current economic pressure from rising commodity prices, the Philippines government has decided to increase its agricultural imports for 2023 to quell inflation. This strategic move, announced

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A Year of Trials: The Philippine Agricultural Sector under Marcos’ Reign

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An assessment of the growing challenges and upheavals in the agricultural industry in the first year of Marcos’ administration. MANILA – As President Marcos completes his first year in office, the country’s agricultural sector presents a panorama of upheaval. Marked by an escalation in commodity prices and a surge of high-profile resignations, it reflects an

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Philippines and Brunei Explore Opportunities for Agricultural Trade

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In a significant move, the Philippines and Brunei engage in discussions to expand agri-trade relationships, eyeing a prosperous future for both nations. MANILA, PHILIPPINES – In a landmark move that signals a strengthening of bilateral relationships, the Philippines and Brunei have entered into extensive discussions to boost agricultural trade prospects between the two nations. The

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PAGCOR Set to Unveil Virtual Reality Casino in 2024: A Game-Changer for the Gambling Industry

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[Manila, Philippines] – The Philippine Amusement and Gaming Corporation (PAGCOR), the governmental organization responsible for overseeing the country’s gaming industry, is slated to launch a first-of-its-kind online Virtual Reality (VR) casino in 2024. The announcement of this groundbreaking initiative is indicative of PAGCOR’s commitment to leveraging cutting-edge technology to enhance and diversify the nation’s gaming

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Philippines Targets Top-Tier Investment Grade for Sovereign Debt by 2028

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In an ambitious pursuit of financial credibility, the Philippines sets its sights on acquiring an “A” investment grade rating for sovereign debt within the next five years. MANILA, 12th July 2023 – The Philippine government announced today its ambitious plan to secure an “A” investment grade rating for its sovereign debt by 2028. This move

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The Culinary Adventure East of Metro: Unearthing the Gastronomic Gems of Robinsons Antipolo

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From the streets to the chic restaurants, Robinsons Antipolo emerges as a must-visit food paradise, resonating with its distinctive culinary culture. On the crest of the Sierra Madre mountain range, nestling amidst the verdant landscape of Antipolo lies a foodie’s delight – Robinsons Antipolo. A growing culinary hub, this bustling gastronomic locale attracts an increasing

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Labor Disputes and Wage Concerns Deter Foreign Investment in Philippines, According to Zubiri

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Senator Juan Miguel Zubiri underscores the increasing caution of foreign investors towards the Philippines, citing persistent labor issues and wage concerns. MANILA – In a recent statement, Senator Juan Miguel Zubiri expressed concern over foreign investors’ growing hesitation towards investing in the Philippines due to persistent labor disputes and wage issues. Zubiri, a veteran lawmaker

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Philippine Economy Sees Sustained Drop in Inflation for 5th Consecutive Month

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The Philippine economy breathes a sigh of relief as inflation rates continue to decrease, reflecting improved stability and the robustness of economic policies. MANILA – In a heartening development for the Philippine economy, the inflation rate has recorded a sustained drop for the fifth straight month, according to data released by the Philippine Statistics Authority

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Marcos’ First Year in Office Overshadowed by Inflation Woes and Filipinos’ Struggling Wages

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Despite earning ‘starvation wages,’ Filipinos grapple with the escalating inflation that marked the first year of Marcos’ tenure. MANILA – President Marcos’ first year in office has been marked by inflationary challenges that have hit the country hard, leading to an economic downturn and an increasingly difficult living situation for Filipinos. This has led to

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