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Tag: philippine

  • POGOs complicate Philippine effort to exit FATF’s ‘gray list’

    THE STRONG PRESENCE of offshore gambling operators complicates the Philippines’ efforts against dirty money and does not bode well for its ambition to become an investment hub, economists warned.

  • Capstone-Intel CEO Advocated for Adoption of Advances Forfeiture Strategies by Philippine Law Enforcement

    Capstone-Intel CEO Advocated for Adoption of Advances Forfeiture Strategies by Philippine Law Enforcement

    Manila, Philippines – June 12, 2024 – Capstone-Intel CEO Atty. Nicasio Conti has called on Philippine law enforcement agencies to adopt advanced legal strategies used internationally for the forfeiture of properties involved in crimes such as human trafficking, drug trafficking, illegal gambling, money laundering, illegal POGO (Philippine Offshore Gaming Operations),…

  • IMF cuts Philippine growth outlook

    THE INTERNATIONAL Monetary Fund (IMF) trimmed the Philippines’ growth outlook for this year, after a slower-than-expected first-quarter expansion. 

  • Philippine steel manufacturing firm eyes geothermal power offtake

    Philippine-based steel manufacturer SteelAsia Manufacturing is in early talks for geothermal power offtake with innovative geothermal company GreenFire Energy. The post Philippine steel manufacturing firm eyes geothermal power offtake first appeared on ThinkGeoEnergy – Geothermal Energy News.

  • Sofitel Philippine Plaza Manila to shut down for good in July

    Sofitel Philippine Plaza Manila will cease operations starting July 1, according to the hospitality group Accor. “The hotel has announced that it will close and cease operations starting July 1, 2024,” Accor told BusinessWorld in a Viber message on Friday. “This decision comes as part of our ongoing commitment to…

  • Philippine firms tackle wage hike conundrum

    Philippine firms tackle wage hike conundrum

    ALEXANDER V. SUYAT, 36, trained to become a security guard in 2016 after years of working as a janitor, thinks he could earn more  to support his wife and two kids.

  • A book fair of consequence: Why the Philippine Book Festival matters

    BOOK FAIRS have become a staple in the calendar of most Filipino bookworms over the last 10 years. Two major ones last for a week and attract buyers from all over the country who are hoping to snag the latest bestsellers at a fraction of the cost.

  • A decade’s worth of excitement: The 11th Philippine International Pyromusical Competition reignites at SM Mall of Asia

    Prepare to be swept away on a global journey of unparalleled pyrotechnic brilliance and musical harmony as the night sky ignites with the dazzling displays of nine powerhouse nations in the 11th Philippine International Pyromusical Competition (PIPC). This eagerly awaited event returns after four years, reclaiming its throne as the…