Philippines secures $60-M grant from MCC

PHL signs P124B in Canada energy, critical-mineral investment pledges

THE PHILIPPINES took in about P124 billion in critical- mineral and energy-security investment pledges from Canadian companies, the Department of Trade and Industry (DTI) said. The pledges were made by seven Canadian firms, the DTI said in a statement on Thursday. Trade Secretary Maria Cristina A. Roque said the Philippines is ready to partner with []

Philippines gross foreign reserves edge up to $104.8 billion at end-June

MANILA — The Philippines’ gross foreign reserves PHFXR=ECI rose slightly to 104.8 billion at the end of June, from a revised 104 billion a month earlier, the central bank said on Tuesday, citing preliminary data. The latest forex reserves provide a “sufficient” external liquidity buffer equivalent to 6.8 months worth of imports of goods and payments of services and primary income, it said in a statement. —Reporting by [] The post Philippines gross foreign reserves edge up to 104.8 billion at end-June appeared first on Interaksyon.

Taiwan donates US$200,000 to support Philippines earthquake recovery

Taipei, July 3 (CNA) Taiwan donated US200,000 to the Philippines on Friday to support recovery efforts following a devastating magnitude 7.8 earthquake that caused widespread destruction in Mindanao early last month.

Philippines gets economic upgrade, yet many Filipinos feel it’s no ‘big deal’

The World Bank recently upgraded the Philippines to an upper-middle-income country, but that classification makes little difference to many Filipinos grappling with rising cost of living, debt and stagnant wages. Manila resident Ann Michelle Federez-Abato, 35, said her entire salary goes towards her parents’ mortgage, while she and her two-year-old daughter subsist on a monthly remittance of 20,000 pesos (US324) from her husband, who works abroad as a production officer at a factory. Much of...

US builds naval presence in Asia-Pacific region to deter China — State Department

According to Assistant Secretary of the United States for East Asian and Pacific Affairs Michael DeSombre, two US Coast Guard patrol ships were sent to the Subic Bay military base in the Philippines

General : Government Approved RM15.77 Mln Grant To SUHAKAM In 2025, To Cover Operational Costs

KUALA LUMPUR, July 8 (Bernama) -- The government, through the Ministry of Finance (MOF), approved a grant of RM15.77 million to the Malaysian Human Rights Commission (SUHAKAM) in 2025 to cover operational expenses, an increase of RM2.2 million compared to RM13.55 million in 2024.

Tax payers put on hook for $105m guarantees

Bahamian taxpayers have quietly been placed on the hook for a further 105m in government borrowing guarantees needed to underwrite new debt, refinance existing liabilties and pay-off prior defaults by the Bahamas Mortgage Corporation and Education Loan Authority (ELA).

Government Strengthens Small Home Repairs Programme with Renewed Focus on Accountability and Quality

Press Release More than 400 Bahamian contractors gathered for the Ministry of Urban Renewal and Community Relations’ Contractors Small Home Repairs Workshop as Prime Minister the Hon. Philip Davis, KC, reaffirmed the Government’s commitment to improving the lives of Bahamians through stronger partnerships, greater accountability and quality workmanship. Describing the initiative as a partnership between [] The post Government Strengthens Small Home Repairs Programme with Renewed Focus on Accountability and Quality appeared first on ZNS BAHAMAS.

Dana pelaburan hijau Singapura tambah saham Jentayu Sustainables

PETALING JAYA: Dana pelaburan hijau yang berpangkalan di Singapura meningkatkan pegangan sahamnya kepada kira-kira 13.06 peratus dalam Jentayu Sustainables Berhad, menjelang pembangunan projek hidroelektrik aliran sungai bernilai RM2.8 bilion di Sipitang, Sabah. Dalam makluman di Bursa Malaysia, Jentayu Sustainables berkata, memperoleh tambahan sebanyak 22 juta saham biasa dalam Jentayu Sustainables pada 7 Julai 2026, menjadikan ... Read more The post Dana pelaburan hijau Singapura tambah saham Jentayu Sustainables appeared first on Utusan Malaysia.

The Philippines is now upper-middle income. Really?

Development isn't measured by average income alone

Kudzu: Another "Gift" to America from the USDA

Kudzu: Another "Gift" to America from the USDA

United States gives Philippines four underwater vehicles worth $13 million

United States gives Philippines four underwater vehicles worth $13 million

Bong Go distributes aid to poor residents in Mati City

SENATOR Christopher Lawrence “Bong” Go handed out assistance to 981 indigent residents in Mati City, Davao Oriental, on Friday, July 10, as part of continuing efforts to help vulnerable sectors

$400,000 equipment and vehicle handover by the US Northern Command to the Ministry of Health and Wellness

NASSAU, The Bahamas — The Ministry of Health and Wellness (MoHW) received a donation from the US Northern Command of equipment and vehicles approximating almost 400,000. The donation was received by the Minister of Health and Wellness, the Hon. Dr. Michael Darville, joined by the Minister of State for the ministry, the Hon. Owen Wells on []

Philippines attains upper-middle-income status

Philippines attains upper-middle-income status

UAE Doubles Retail Sukuk After Orders Reach Nine Times the Offering Size

The UAE Finance Ministry received Dh445 million in orders on its first Dh50 million sovereign retail sukuk, nine times what was offered, and doubled the issuance. Nearly half of subscribers were women or investors under 25, writing new demographics into the Gulf's Islamic bond market.

4th Direct Cash Relief Since 2021 Targets 13,000 TCI Citizens

TURKS CAICOS ISLANDS - About 13,000 Turks and Caicos Islands citizens are set to receive a one-time 500 cost of living relief payment - a 6.5 million package government says is intended to provide immediate relief to households struggling with higher fuel costs and the cost of living.

Board offers $3-billion settlement to restructure Puerto Rico power company debt

SAN JUAN, Puerto Rico — A federal control board that oversees Puerto Rico’s finances announced Tuesday that it has offered a 3-billion settlement to bondholders in a new push to finally restructure more than 10 billion in debt held by the U.S. territory’s power company. The board is proposing paying cash and offering the issuance of new []

Avoid the parking nightmare: Penang rolls out free hospital shuttle, now serves 600 people a day

GEORGE TOWN, July 4 — The Penang Island City Council (MBPP) has allocated RM900,000 annually for the free Central...

Oye Bampoe Addo leads presidential staffers to present ₵6.1m cheque to Ghana Medical Trust Fund

Senior presidential staff and advisers at the Jubilee House have donated GH¢6.1 million to the National Medical Trust Fund, popularly known as Mahama Cares.

FYNOR Partners with Singapore and Dubai Digital Asset Funds to Launch 20M USDT Support for FYC Ecosystem

Recently, FYNOR, a global digital finance ecosystem platform, officially announced that the company has reached a strategic partnership with international digital asset funds from Singapore and Dubai. According to the cooperation plan, the strategic partnership fund will invest 20 million USDT, dedicated to the ecosystem development, global market promotion, liquidity support, and market value management []

NWC Amnesty realised nearly $800 million for State-owned utility

KINGSTON, Jamaica — The customer amnesty and relief programme granted by the National Water Commission (NWC) in January 2025 generated 769.0 million in collections for the State-owned utility company.It also processed over 15,000 customer requests and resolved approximately 1.9 billion in legacy debt.The information is contained in the 2025 edition of the Economic and Social Survey Jamaica, a publication of the Planning Institute of Jamaica.The amnesty also provided targeted relief to pensioners and beneficiaries under the Programme of Advancement Through Health and Education (PATH), to support reconnections, reduce arrears, and protect access to essential water services.Following the general amnesty, there was a focused Micro, Small Medium Enterprise amnesty executed between September and December 2025, yielding 17.5 million in collections and addressing a further 18.2 million in arrears.The PIOJ said this reflected a balanced approach to revenue recovery, social protection, and financial sustainability.

U.S. Second Fleet Commander visits B.A.P. Tacna in Norfolk

As part of the cooperation and professional exchange activities being carried out by the Peruvian Navy during the international deployment of the vessel B.A.P. Tacna, Vice Admiral Douglas Perry, Commander of the United States Second Fleet, paid an official visit aboard the ship.