News

Despite the jitters, the Philippines remains one of the best performing economies in Asia, growing 6.9% in the first half of this year. And some economists say that will support the Philippine ...
President Donald Trump’s ever-changing tariff onslaught is overshadowing the Philippines’ sound economic fundamentals and will likely keep banks selective in deploying funds, according to the ...
The Philippines accumulated more dollar reserves in May, increasing the country’s buffer against shocks at a time when US President Donald Trump’s unpredictable trade policies are roiling markets.
Philippine prosecutors are seeking money laundering charges against a former town mayor over her alleged involvement in an online casino project. Prosecutors have recommended the filing of 62 ...
Philippine authorities on Friday filed several counts of money laundering against a fugitive former town mayor accused of links to Chinese criminal syndicates. Alice Guo, also known as Chinese ...
The Philippine peso depreciated by over 6 per cent in the last few weeks. ... Earlier this month, the Philippine currency hit an 18-year low against the US dollar and the UAE dirham on July 12.
Federal prosecutors have indicted a co-founder of the Smartmatic voting machine company, saying he and other executives took part in a bribery and money laundering scheme in the Philippines ...
Philippine cryptocurrency exchange Coins.ph and Australia’s Stables Money have partnered to use Coins.ph’s Philippine peso-pegged PHPC stablecoin for remittances. The Philippine peso already ...
Philippine President Rodrigo Duterte signed a law on Friday to strengthen anti-money laundering and terrorist financing regulations ahead of a Feb. 1 deadline set by a global financial watchdog.
MANILA—In 2013, an international anti-money-laundering watchdog warned the Philippines that there was a gaping hole in its defenses against people illegally moving money around its economy: the ...
MANILA: After more than three years, the Philippines has finally exited the "grey list" of Paris-based watchdog Financial Action Task Force (FATF), which commended the country for plugging all the ...
Philippine authorities celebrated the country’s removal last week from the money-laundering “grey list” of the Financial Action Task Force (FATF), but some civil society groups described it ...