Philippines Aims for Garments and Textile Industry Revival

Philippines Aims for Garments and Textile Industry Revival

The Philippine government recently rolled out a Garments and Textile Industry Roadmap with the aim of jumpstarting the industry’s resurgence and gain back its reputation as a competitive player in the domestic and international markets. The plan covering the...
Philippines Evaluating Swedish and US Planes for Multi-Role Fighter

Philippines Evaluating Swedish and US Planes for Multi-Role Fighter

The Department of National Defense (DND) announced that the Philippine Air Force (PAF) is evaluating 2 aircraft types for its multi-role fighter (MRF) project. One of the aircraft types is the Saab JAS 39 Gripen from Sweden. It is a light single-engine MRF with speeds...
Regulator Approves First Digital-Only Bank in the Philippines

Regulator Approves First Digital-Only Bank in the Philippines

The Central Bank of the Philippines (BSP) has granted a banking license to TONIK Digital Bank (TONIK), the local subsidiary of Singapore-based fintech start-up, TONIK Financial Pte Ltd. The license will enable TONIK to provide a full range of retail digital banking...