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More Than 1 Million Flee as Flooding Swamps Philippines Capital

Manila, Aug 13 (Prensa Latina) More than a million people were affected by the floods in the Philippines after the passage of Tropical Storm Yagi and the heavy rains that accompany it, authorities rep... read more

GT Cap income falls in H1 to P7.1 billion on weaker car sales

GT Capital Holdings Inc., the holding firm of tycoon George ... normalize by the fourth quarter and resume its growth momentum by 2019 due to Toyota Motor Philippines’s new model launches and sufficie... read more

GT Capital eyes mid-single digit growth

This brought GT Capital’s attributable profit one percent lower to P7.1 billion in the first half of 2018, after revenues slipped by six percent to P101.2 billion, reflecting the slowdown in the numbe... read more

Thousands Evacuated as Floods Strike Philippine Capital

The Philippines, among the world’s most disaster-prone countries, experiences an average of 20 cyclones a year that form over the Pacific Ocean. In September 2009, tropical storm Ketsana delivered mor... read more

The Philippines Is Building a Climate Change-Resilient City

Densely populated Manila, the capital, has notorious gridlock. In a race against climate change, the Philippines is developing a $14 billion metropolis larger than Manhattan called New Clark City desi... read more

Philippines Sets Rules for 'Virtual Monopolist' Grab After Uber Deal

Several local ride hailing firms have started operations in the Philippines' capital and in major provinces since March, but have yet to make a dent on Grab's market share. read more

Philippines to cancel Landing's $1.5 billion casino project: Duterte's spokesman

MANILA (Reuters) - Philippines President Rodrigo Duterte will cancel Landing International Development Ltd’s $1.5 billion integrated casino project in the capital, his spokesman said minutes after the ... read more

Philippines bride wades down flooded church aisle to reach groom after monsoon

As monsoon season continues to batter the Philippines, Jobel Delos Angeles, 24, took the heavy rains from Tropical Storm Yagi in stride during her wedding in the province of Bulacan, near the capital ... read more

AsianDate Chooses Soulful Manila in the Philippines as its City of the Month for August

AsianDate has chosen soulful Manila, the capital of the Philippines, as its city of the month for August. AsianDate, the international dating service connecting members with Asian singles, has chosen ... read more

SE Asia Stocks-Philippines, Indonesia extend falls on Turkey woes

"Most other emerging markets slowed over the past few sessions, and the Philippines is not an exception ... Indonesia has been struggling with extended capital outflows amid concerns over a weak rupia... read more

Dyal Capital Takes a Stake in Bridgepoint

Dyal Capital Partners is part of the Neuberger Berman Group ... The United States is not the only country raising interest rates. The Philippines, Argentina, Indonesia, India, Czech Republic, Ukraine ... read more

Philippines’ Duterte Cancels Casino—Just After Its Groundbreaking

Plans include a development consisting of a casino and other attractions, which was due to open in 2022 in a special casino zone on reclaimed land in the Philippines’ capital, Manila. Write to Jake Ma... read more