China, Philippines worst affected countries due to natural disasters

Manila, Philippines – China and the Philippines are among the worst affected countries in the world due to the natural disasters. As in previous years, Asian countries were worst-affected by displacement associated with disasters. In the last year 18.8 million new internal displacements Read More …

Philippines to borrow more from foreign lenders

Manila, Philippines – The Philippine government is borrowing more than it initially expected from countries like China, Japan, and South Korea, citing “good” interest rates for major infrastructure deals, said the Development Budget Coordination Committee (DBCC). Budget Secretary Benjamin Diokno said Read More …