Philippines

Philippines eyes rules for coin offerings as Bitcoin use surges

The Philippines is looking at regulating so-called initial coin offerings, as the use of cryptocurrencies gains ground in the Southeast Asian nation.Bangko Sentral ng Pilipinas Governor Nestor Espenilla said the central bank is in talks with the nation’s Securities and Exchange Commission on ways to oversee ICOs, in which companies raise funds through the sale of digital tokens.

4 December 2017
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Philippines to charge woman for recruiting siege fighters

The widow of a slain Islamist militant leader will be charged for allegedly using social media to recruit Islamic State sympathisers to join a five-month siege of a southern city, Philippine authorities said Friday.Hundreds of local and foreign gunmen who had pledged allegiance to IS rampaged through Marawi, the principal Islamic city in the mainly Catholic Philippines, starting in May -- sparking the nation's longest urban war that claimed more than 1,100 lives.

1 December 2017
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Philippines suspends world-first dengue vaccine

The Philippines said Friday it had suspended use of a landmark vaccine for the potentially deadly dengue virus after its manufacturer warned it could worsen the disease in some cases.French pharmaceutical giant Sanofi announced Wednesday that its world-first dengue vaccine could lead to more severe symptoms for people who had not previously been infected.The Philippines has vaccinated more than 733,000 children with Dengvaxia since 2016 when it became the first country to start using it on a

1 December 2017
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Muslims gather to boost stalled Philippine peace talks

The Philippines' main Muslim guerrilla group staged a huge rally Monday at its southern headquarters that attracted Christians and rival rebels, in a joint effort with the government to reignite a stalled peace process.President Rodrigo Duterte was scheduled to speak at the event at the main base of the 10,000-strong Moro Islamic Liberation Front on Monday afternoon, with both sides hoping peace will help quell the rising threat of the Islamic State group.Muslims have been waging a rebel

27 November 2017
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Slum mum woes as Philippines birth control plans fail

At age 33 and raising six children in a slum named "Paradise Village", Myrna Albos is Exhibit A for the Philippines' serial family planning failures.The plumber's wife already had four children by the time a family planning law was passed in December 2012, but she had two more after opponents blocked it and the government health centre near her shanty ran out of birth control pills."I don't want any more (children). Sending all of them to school is an effort.

24 November 2017
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Attacking terrorrists through their wallets

On 23 September, the Islamic State (IS) Al-Hayat media wing released a three-minute propaganda video featuring radicalised Singaporean, Megat Shahdan Abdul Samad. In the video, he urged Muslims to wage religious war – or jihad – in East Asia and bring upon “black days” on “crusaders” here.

23 November 2017
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Philippines' Duterte cancels communist peace talks

Philippine President Rodrigo Duterte has cancelled all future peace talks with communist rebels waging one of Asia's longest insurgencies, in a blow to efforts to end the half century-long conflict.In a speech Tuesday night, Duterte criticised the insurgents over deadly attacks against soldiers and police while threatening to categorise them as a "terrorist" group.

22 November 2017
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Philippine GDP growth exceeds 6% for a ninth consecutive quarter

The Philippine economy grew more than six percent for a ninth consecutive quarter, cementing its position as one of the fastest-expanding in the world.Key Points Gross domestic product increased 6.9 percent in the third quarter from a year earlier, the Philippine Statistics Authority said in Manila Thursday, after expanding a revised 6.7 percent in the previous three months.

16 November 2017
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Philippines' Duterte vows comfort for Russian drug suspects

Philippine President Rodrigo Duterte has pledged two accused Russian drug traffickers will be detained in a "comfortable house", rather than his nation's badly over-crowded jails.Duterte made the commitment at a meeting late Monday with Russian Prime Minister Dmitri Medvedev on the sidelines of a regional summit in Manila."I would just like to say that we have a working functional justice system here and they will get a fair trial and that they will be detained in a comfor

14 November 2017
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Philippines' Duterte all smiles as he met Trump

Donald Trump shook hands Monday with a smiling Philippine President Rodrigo Duterte, a man who boasts about personally killing people and who is waging a drug war that rights groups say involves mass murder.The US leader is in Manila with leaders of 18 other nations for two days of summits, the final leg of a headline-grabbing Asian tour dominated by the North Korean nuclear crisis.Allegations of Russian meddling in last year's US presidential elections have also hounded the second half

13 November 2017
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Duterte : 'I already killed someone at 16'

Philippine President Rodrigo Duterte has said he stabbed a person to death as a teenager, in a defiant speech to promote his drug war ahead of a summit of world leaders in Manila.Speaking to the local Filipino community in the Vietnamese city of Danang on Thursday, Duterte also threatened to slap a UN rights rapporteur if he met her, and used obscene language to hit back at critics of his deadly drugs crackdown."When I was a teenager, I would go in and out of jail.

10 November 2017
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Maritime dispute to take centre stage during ASEAN Summit

World leaders would be meeting in the Philippines from the 10th to the 14th of November for the 31st Association of Southeast Asian Nations (ASEAN) Summit and Related Meetings. One issue will definitely be on the agenda – the South China Sea dispute.ASEAN Summits have a dry, overused script when it comes to this maritime dispute.

9 November 2017
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