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Philippines' rice imports drop nearly 21%

Philippines' rice imports drop nearly 21%

The Philippines imported 1.7 million tons of rice in the first five months of 2025, down 20.9% from a year ago.
VinFast to set up over 100 EV service centers in the Philippines

VinFast to set up over 100 EV service centers in the Philippines

Filipino billionaire Sy family’s SM Prime to spend $9B on 5-year expansion plan

Filipino billionaire Sy family’s SM Prime to spend $9B on 5-year expansion plan

Who is Teresita Sy-Coson, the Philippines’ richest woman?

Who is Teresita Sy-Coson, the Philippines’ richest woman?

Teresita Sy-Coson, the Philippines’ wealthiest woman with US$1.8 billion in net worth, is one of the country’s most respected business leaders.
March 16, 2025 | 03:15 pm PT
Philippines ships first batch of frozen durians to China

Philippines ships first batch of frozen durians to China

The Philippines has exported a batch of frozen durian worth PHP8.2 million (US$142,000) to China, marking its first shipment to the world’s largest market for the fruit.
February 24, 2025 | 03:10 am PT
From shoe store to Philippines’ largest conglomerate: how Sy family builds, sustains empire

From shoe store to Philippines’ largest conglomerate: how Sy family builds, sustains empire

The Philippines’ Sy family empire began with a shoe store founded by late billionaire Henry Sy Sr. and is carried on by his children, whose net worths total US$11.7 billion.
January 14, 2025 | 03:17 pm PT
24,000 foreign workers exit Philippines after online gambling ban

24,000 foreign workers exit Philippines after online gambling ban

Around 24,000 foreign workers have left the Philippines after online casinos, which mostly cater to overseas customers, shut down per government’s policy shift.
December 31, 2024 | 11:35 pm PT
Philippines arrests suspected depleted uranium traders

Philippines arrests suspected depleted uranium traders

The Philippine government said Monday it has arrested three suspected illegal traders of depleted uranium, seizing about 100 kilograms (220 pounds) of radioactive materials in a three-week nationwide sting operation.
December 9, 2024 | 05:14 pm PT
Super Typhoon Man-yi batters Philippines' most populous island

Super Typhoon Man-yi batters Philippines' most populous island

Super Typhoon Man-yi slammed into the Philippines' most populous island on Sunday, with the national weather service warning of flooding, landslides and huge waves as the storm sweeps across the archipelago nation.
November 17, 2024 | 02:16 am PT
Viettel signs $2M contract to supply firearm training simulation system in Philippines

Viettel signs $2M contract to supply firearm training simulation system in Philippines

Viettel High Technology Industries Corporation (VHT) has signed a contract worth nearly US$2 million with technology firm ContactPoint Inc. to provide a firearm training simulation system to the Philippine police.
August 29, 2024 | 04:09 pm PT
Quiz: What does Filipino gymnast Carlos Yulo get for winning two gold medals at Paris Olympics?

Quiz: What does Filipino gymnast Carlos Yulo get for winning two gold medals at Paris Olympics?

The Filipino gymnast Carlos Yulo’s historic double gold medal win at the Paris Olympics has been celebrated across the Philippines, with businesses lavishing him with various gifts.
August 11, 2024 | 04:10 pm PT
Filipino gymnast Carlos Yulo to receive $560K condo after winning two Olympic golds

Filipino gymnast Carlos Yulo to receive $560K condo after winning two Olympic golds

Filipino gymnast Carlos Yulo has received a fully-furnished three-bedroom condo worth 32 million Philippine pesos (US$558,000) from developer MegaWorld after winning two gold Olympic medals at the Paris 2024 Olympics.
August 8, 2024 | 12:02 am PT
Five dead, 38 injured in Philippines firecracker depot blast

Five dead, 38 injured in Philippines firecracker depot blast

Five people, including a four-year-old child, were killed in a massive explosion at a pyrotechnics warehouse in the southern Philippines, emergency services said Sunday.
June 29, 2024 | 11:47 pm PT
Philippines lowers rice import tax to 15%

Philippines lowers rice import tax to 15%

The Philippines, one of the world's largest rice buyers, has announced a reduction in rice import taxes from 35% to 15%, effective from early this August through 2028.
June 24, 2024 | 09:50 pm PT
Heat wave in Southeast Asia closes schools, triggers health alerts

Heat wave in Southeast Asia closes schools, triggers health alerts

The Philippines has closed schools down and warned of overloading on its power grid, as authorities across Southeast Asia issued a series of health alerts for a crushing and deadly heat wave.
April 29, 2024 | 03:33 pm PT
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