New Destinations for Philippine Workers Are Russia, China

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Source: Philippine Overseas Employment Administration Note: Latest available data as of 2016 With exports faltering and stocks suffering outflows, officials are banking on remittances to help stabilize the peso, Asia’s worst-performing currency this year. The peso has lost more than 4 percent against the dollar in 2018. The Middle East remains the largest destination for […]

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Chinas Vast Intercontinental Building Plan Is Gaining Momentum

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Here’s a Quicktake on what Xi describes as the ‘project of the century’ The program isn’t without controversy: debt began operations last year, allowing crude supplies from the Middle East and Africa to reach China faster as shipments no longer need to be transported through the Straits of Malacca and the South China Sea. The […]

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