by Teuvo Tuomi | Jan 4, 2024 | Business, News, Philippines
The Philippine Stock Exchange Index (PSEi) rebounded over 100 points on Thursday as domestic and foreign investors bought up blue-chip stocks a day after a glitch halted trading for a few hours due to an unexplained “technical issue.” By the closing bell, the PSEi...
by Teuvo Tuomi | Jan 1, 2024 | Health, News, Philippines
Chikungunya cases in the Philippines spiked by 382% in 2023, the Department of Health (DOH) says. Based on the DOH’s epidemic-prone disease case surveillance report, 2,889 cases of this mosquito-borne viral infection were recorded in 2023, up from only 600 in 2022....
by Teuvo Tuomi | Dec 15, 2023 | Economy, News, Philippines
The Philippines is expected to be the growth leader in Southeast Asia, the Asian Development Bank’s (ADB) update Asian Development Outlook predicts. The country’s growth forecast for 2023 is kept at 5.7%. This makes the Philippines the top performer as the...
by Teuvo Tuomi | Nov 25, 2023 | Crime, Philippines, Travel
A “cult scare” is driving tourists away from Socorro town in Surigao del Norte. Socorro municipal agriculturist Edelito Sangco, chair of the government’s Task Force Kapihan, said tourist arrivals in the town had nosedived since the cult-like activities of the Socorro...
by Teuvo Tuomi | Sep 20, 2023 | Philippines, Technology
The Philippines is the world’s first in terms of digital illiteracy, government officials disclose. “The last time that [the United Nations] asked for that report was [in] 2019,” the Department of Information and Communications Technology (DICT) Undersecretary for...
by Teuvo Tuomi | Sep 12, 2023 | ASEAN, Asia, Business, Malaysia, Philippines, Southeast Asia, Thailand, Vietnam
Asian countries dominate the new “Best Countries for Starting a Business in 2023” report. All top three are Asian, and six out of ten best are from the continent. The best Southeast Asian country on the list is Thailand, placed second. More than 17,000 people...
