Tag: Global Trade
-
Philippines Triumphs Over ‘Dirty Money’ Label: A New Era of Global Trade and Investment
In a significant victory for the Marcos administration, the Philippines has been removed from the Financial Action Task Force’s (FATF) grey list, a move that promises to accelerate and reduce the cost of international transactions. This achievement, celebrated by Malacañang, is seen as a major step forward in attracting foreign direct investments that foster job…
Written by
-
Senator Legarda Emphasizes Manila’s Crucial Role in Crafting Filipino Identity
Senator Loren Legarda recently highlighted Manila’s significant influence on the formation of modern Filipino identity during the relaunch of the ‘Manila: Nexus of Empire’ exhibition at the Philippine Normal University’s Maceda Building. The exhibit, a joint effort between the National Archives of the Philippines and the university, delves into Manila’s historical role as a central…
Written by
-
January’s Steady Inflation Boosts Philippine Stock Market and Peso
In Manila, the consistent inflation rate recorded in January bolstered investor confidence, leading to a positive performance in both the Philippine Stock Exchange and the local currency on Wednesday. The Philippine Stock Exchange index (PSEi) saw a significant rise of 3.15 percent, closing at 6,281.08, while the All Shares index also advanced by 2.18 percent…
Written by