Philippine opposition leader accuses Marcos of spreading hate, lies
... need to accept the majority's decision. Ms. Robredo then criticized the massive machinery to spread hate and lies, without elaborating. She said that this stole the truth, as it also stole our history and future. Disinformation isn't unique to the Philippines, but it has flourished in recent campaigns. The outcome of the election shows how well the Marcos family has been at least in part successful in rebranding its legacy. It has warned Filipinos to move on from its sordid past and emphasized ...
Updated: 05/13/2022
RBI may have used NDF markets to save rupee
... for currency stability in India, despite the fact that transactions in the futures and NDF markets are not entirely new for Mint Road. The rupee was close to 77.33 Tuesday, up 0.19%. The local unit was the third best performer in Asia - behind the Philippine peso and Thai baht. The RBI may have sold some dollars in the spot market Tuesday via two state-owned banks. A veteran currency dealer from a large state-owned bank said that the spot market dollar sales could be in the region of $500 million ...
Updated: 05/13/2022
China, Philippines have a clear direction to strengthen ties
Over the past few years, China and the Philippines have made joint efforts to consolidate and enhance their bilateral relations, which has not only brought benefits to the people of both countries, but also contributed to regional peace and stability at large. Over the past few years, China ...
Updated: 05/13/2022
Philippines tycoon, associates of Duterte consider selling assets
A tycoon and close associate of outgoing Philippine President Rodrigo Duterte is considering selling businesses worth several billion dollars, including a South China Sea gas field and a commercial land lease firm at the site of a former U.S. military base, two sources familiar with the matter ...
Updated: 05/12/2022
Chinese President Xi congratulates Marcos on his election as Philippines president
... virtual session in Beijing on January 17, 2022, on January 17, 2022. PHOTO XINHUA BEIJING - Chinese President Xi Jinping sent a congratulatory message to Ferdinand Romualdez Marcos on Wednesday regarding his election as president of the Republic of the Philippines. China and the Philippines are neighbors facing each other across the sea and partners through thick and thin, Xi said. Xi said that both China and the Philippines are at a critical stage of development, and their relations face important ...
Updated: 05/12/2022
Biden congratulates Marcos Jr over Philippine election
U.S. President Joe Biden called Ferdinand Marcos Jr. on Thursday to congratulate him over his apparent victory in the Philippine presidential election, Manila's ambassador to Washington said. MANILA, Philippines - U.S. President Joe Biden called Ferdinand Marcos Jr. on Thursday to congratulate him over his apparent victory in the Philippine presidential election,...
Updated: 05/12/2022
Philippines' Marcos Jr shares soar on expectations of incoming government
Share prices of Philippine companies linked to presidential election winner Ferdinand Marcos Jr have gone up this week, on what analysts said were expectations that they would benefit under the incoming administration. Share prices of Philippine companies linked to ...
Updated: 05/11/2022
Rising fuel prices likely to increase civil unrest in middle income countries
... protection during the epidemic, but now struggle to maintain high social spending that is vital to the living standards of large sections of their populations, the report found. In the next six months, the authors said that Argentina, Tunisia, Pakistan and Philippines were among the countries to watch, due to their high dependency on food and energy imports. Food prices hit a new all-time record in February and again in March. Energy prices went up sharply. ALSO READ: Insect invasion adds to strains on ...
Updated: 05/11/2022
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