Inflation slowed down further in May: Philippine central bank
The midpoint of the forecast range — 6.2 per cent — suggests that the authorities expects inflation to have eased further from the 6.6 per cent print in April.
Philippines
Vietnam opposes forced labour, as hundreds rescued from Philippines’ illegal casino
These individuals were reportedly deceived and trafficked to the Philippines, where they were held captive and made to participate in online scams.
Philippines, US, Japan coast guards start milestone drills
The weeklong exercise is the first major security engagement involving the three countries since President Marcos’ visits to Tokyo in February and Washington in May.
Controversial Maharlika fund a litmus test for Marcos admin
The key to making this sovereign wealth fund a success is to have it run by professional managers and insulate them from the vagaries of politics, notes the paper.
Metro Manila’s Covid-19 positive cases rate drops even further
Metro Manila’s positivity rate decreased to 21.2 percent in the week ending May 28, 2023, down from 25.2 percent the previous week.
Controversial Maharlika fund like “gambling with parents’ money”
Representative France Castro made the statement, voicing opposition to the chamber’s adoption of the Senate version of the Maharlika bill.
Controversial Maharlika fund bill clinches final Senate approval
The Maharlika Investment Fund bill got 19 votes in the affirmative, one negative, and one abstention.
Sixty of Vietnamese rescued from forced labour in Philippines return home
Local authorities rescued more than 1,000 people who were forced to work at a gambling establishment in Pampanga Province.
Fewer Filipinos feel life quality improved last year: Social Weather Stations survey
On the other hand, 25 percent said their quality of life worsened, while the majority, or 46 percent, said it remained unchanged.
US, Japan, Philippine Coast Guards to hold drills amid China tensions
Four Philippine vessels and one each from the United States and Japan will participate in exercises designed to improve search and rescue collaboration and law enforcement.