Citing improvements in the country's macroeconomic fundamentals, international credit rating firm Standard and Poor's has followed the lead of its competitor, Fitch Ratings, and gave the Philippines an investment grade.

Rice producers and traders in the Philippines are to export rice in May, the first time the commodity would be exported in large volumes in 40 years, a high official of the Department of Agriculture announced here on Saturday.

The Philippines has failed to make headway in cutting rampant poverty, with more than one in four citizens deemed poor despite the country's economic growth, according to census figures released Tuesday.

Besting more than a hundred other tourism organizations from more than 46 countries, El Nido Resorts won a prestigious Tourism for Tomorrow Award (TTA) during the recent 13th annual World Travel and Tourism Council (WTTC) Global Summit held in Abu Dhabi.

Besting more than a hundred other tourism organizations from more than 46 countries, El Nido Resorts won a prestigious Tourism for Tomorrow Award (TTA) during the recent 13th annual World Travel and Tourism Council (WTTC) Global Summit held in Abu Dhabi.

Fitch Ratings said Wednesday that it had promoted the Philippines credit rating to investment grade, citing the nation's resilient economy and improved fiscal management.

The Philippines' growing momentum in economic growth is due to a large degree to the Aquino administration, whose policies have given local and foreign businessmen fresh impetus to invest in the country, according to the head of one of the world's biggest and most influential financial news organisation.

Now is the best time to go job hunting in the Philippines because most local companies are planning to expand their businesses this year, according to JobStreet.com.

Metro Manila this year is expected to boost its residential and office inventory at a faster pace than most other Asian cities as demand is seen to remain strong on the back of a growing economy, property consultant Jones Lang LaSalle (JLL) said.

A self-imposed moratorium by a group of Philippine-based licensed recruiters might deprive some 35,000 Filipinos of jobs as household service workers (HSWs) in Hong Kong.