News

Civil society groups call for significant tobacco tax increases to discourage youth from smoking

“The tobacco tax is primarily a health measure. Increasing the tobacco tax is recognized by the World Health Organization as one of the most effective ways of preventing the youth from starting to smoke. However, tobacco tax in the Philippines remains to be one of the lowest in the world. It should be increased significantly in order for it to have the most substantial impact on the health of our youth” the groups stated.

Eenvironment Chief Delivers on Closing Down Errant Mining Firms

The Green Thumb Coalition (GTC), representing various civil society and environmental organizations triumph as Secretary Regina Paz Lopez of the Department of Environment and Natural Resources (DENR) announced today the closure of 23 mining operations and suspension of 6 mining firms.

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Oh! Philippines: Your homesickness pill is here!

According to a recent survey from the Philippine Statistics Authority (PSA), there are already an estimated 2.4 million Filipinos working abroad.Earning money for the family has never been easy, especially if one is far away from home.

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Southco Announces New Managing Director for Asia Pacific

Southco, Inc., the global leader in engineered access hardware solutions, today announced the appointment of Jay Lu as Managing Director of Southco Asia Pacific. In his new position, Mr. Lu leads the entire Asia Pacific team to drive regional business to the next level with sustainable and profitable growth. Mr. Lu is based in Hong Kong, Southco’s Asia Pacific headquarters and reports to Thomas Mehler, President at Southco.

ZEN Rooms feted as one of Top 5 hotel players in the Philippines

ZEN Rooms, the disruptive budget accommodation company and now the fastest-growing Rocket Internet-backed startup in the Philippines announces it has entered the top 5 hotel business in the Philippines. Following a booming growth in Manila, Boracay and Angeles, ZEN now operates in 6 cities in the Philippines, with 600 rooms across 100 properties.

Convergence awards grant to ADM Capital and ADM Capital Foundation for design of financing facility for renewable energy

Convergence, the first and only platform exclusively focused on blended finance, announced it will award a grant to ADM Capital and ADM Capital Foundation (ADMCF) for the design of a Tropical Landscapes Finance Facility (TLFF) and Tropical Landscapes Bond (TLB), which in partnership with UNEP, ICRAF, and BNP Paribas, will provide long-term financing for projects that improve access to rural electricity, reduce greenhouse gas emissions, and enhance smallholder farmers’ livelihoods in Indonesia. The design grant is part of Convergence’s efforts to surface the next generation of blended finance models and foster market-wide learning to drive the field forward. Convergence will award a minimum of CAD 10M in design grants over the next five years, and this initial funding is provided by the Government of Canada.

ASEAN urged to decisively act on Rohingya plight

“If ASEAN is sincere to give life to its vision of establishing a “people oriented, people centered” region, it must do so by paying greater attention to peoples’ issues such as the dire plight of Rohingyas in Burma, currently one of the world’s most persecuted communities. Now that ASEAN is turning 50, it must take its golden celebration also as a golden opportunity to address issues that concretely matter to the ASEAN peoples.”