
Luzon Economic Corridor Investment Forum Sparks Protests Amidst Foreign Investment Push
A forum promoting investments in the Luzon Economic Corridor (LEC) in the Philippines has drawn protests from some groups concerned about economic and strategic benefits and social/environmental costs. President Marcos urged investors to translate commitments into tangible projects.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- 訴追:銀行記録が3件の弾劾訴追の取り下げを促した
マニラ、フィリピン – 検察は、サラ・Z・ドゥテルテ副大統領の弾劾裁判の開始時点で、原因不明の富のみに焦点を当てる決定を下すことはできなかったはずである。 なぜなら、検察が最終的に事件を絞り込むよう説得した財務書類が入手可能になったのは、長期にわたる法的紛争と裁判所発行の召喚状の順守を経てからである。
- DOTr Warns of Traffic Disruptions in Ortigas-Shaw Area Due to Subway Project
The Department of Transportation (DOTr) has issued a traffic alert for the Shaw-Ortigas area from November 4-7, anticipating severe gridlock due to the transport of a tunnel boring machine for the Metro Manila Subway Project. Residents are advised to use public transport.
- Philippine Banks Maintain Profit Growth in 9 Months Amid Forex Losses
Philippine banks posted a combined net income of P315.47 billion in the first nine months of 2023, a 4.2% increase year-on-year, driven by stronger interest earnings. However, foreign exchange losses and higher provisions for bad loans tempered the profit growth.
- EastWest Bank's Net Income Drops 24% Amid Tougher Economic Climate
EastWest Banking Corp. reported a 24.2% year-on-year decline in net income to P5 billion for the first nine months of 2026, primarily due to higher provisions for potential credit losses amidst a challenging economic environment. Despite revenue growth, heightened credit risks impacted earnings.