More foreign tourists are expected to visit the Philippines after the Tourism Promotions Board (TPB) generated a record ...

MANILA -- The Philippines' newly launched sovereign wealth fund will make its first investment, acquiring a 20% stake in a local grid operator, according to an announcement on Monday.

A driver of ride-hailing app Grab Philippines has been cleared and reinstated after the company found no conclusive evidence that he was engaged in a sexual act during a trip.

The Philippines' sovereign wealth fund Maharlika Investment Corp is buying a 20% stake in the operator of the country's power grid, the government said on Monday, a first major investment that ...