Latest Philippines Headlines
All the headlines from our Philippines Topic Page, ordered by recency.
Typhoon Yutu Slams into Philippines, Traveling Path of Super Storm Mangkhut
Oct 30 2018 // Typhoon Yutu slammed into northern Philippines on Tuesday and is traveling a path similar to last month’s super storm Mangkhut that killed at least 82 people and damaged about $500 million of farm output in the...
Philippine Authorities Move People to Safer Grounds as Typhoon Approaches
Oct 29 2018 // Philippine authorities started to move people to safer grounds as Typhoon Yutu approaches, tracking a path similar to last month’s storm that devastated rice-producing provinces in the main island of Luzon. Yutu,...
Super Typhoon Yutu Threatens Philippines’ Most Populous Island
Oct 28 2018 // Super Typhoon Yutu could rip into eastern Luzon in the Philippines on Tuesday, extending the toll of destruction it left in the U.S. Northern Mariana Islands earlier this week. Yutu was about 731 miles (1,176 kilometers)...
Philippines Weighs Sponsorship of Catastrophe Bond Issue
Oct 15 2018 // The Philippines’ finance ministry said on Sunday it was exploring a plan to sponsor a catastrophe bond issue, similar to the one launched by the World Bank early this year covering Latin American earthquakes. The...
Super Typhoon Mangkhut Targets China After Killing More Than 50 in Philippines
Sep 16 2018 // A super typhoon made landfall in China’s Guangdong on Sunday, the country’s most populous province, after wreaking havoc in Hong Kong and Macau and killing potentially more than 50 people in the...
Powerful Typhoon Mangkhut Triggers Evacuations in Philippines
Sep 13 2018 // A powerful typhoon is expected to make a landfall in the Philippines’ main Luzon island on Saturday, prompting authorities to place 17 areas on alert and start evacuations. Classified by the Hong Kong Observatory as...
RMS Strengthens Asia-Pacific Capabilities in Version 18 of Modeling Software
Jul 17 2018 // RMS, the Newark, Calif.-based risk modeling and analytics firm, announced it has strengthened the Asia Pacific capabilities of its Version 18 catastrophe risk management software. The Asia Pacific model suit is being...
Bangladesh to File Suit Against Philippines Bank over $81M Cyber Heist
Feb 7 2018 // Bangladesh’s central bank will file a lawsuit against a Philippines bank for its role in one of the world’s biggest cyber-heists two years ago, a deputy governor said on Wednesday. Unidentified hackers stole...
Typhoon Tembin Leaves Trail of Death, Destruction in Philippines
Dec 27 2017 // A powerful storm that left a trail of death and destruction in the Philippines was downgraded to a tropical depression Tuesday [Dec. 26] and failed to make landfall in Vietnam. Hundreds of thousands of people in...
Starr Int’l Insurance Philippines Branch Names Ex-Ambassador Cuisia as Chairman
Dec 22 2017 // Starr Cos. announced the appointment of Ambassador Jose L. Cuisia Jr. as chairman of Starr International Insurance Philippines Branch, a branch of Starr International Insurance (Asia) Ltd., a company established and...
Heist of $81M from Bangladesh Bank Blamed on ‘State-Sponsored Attack’
Mar 30 2017 // The heist of $81 million from the Bangladesh central bank’s account at the New York Federal Reserve last year was “state-sponsored,” an FBI officer in the Philippines, who has been involved in the...
Fire at Huge Philippines Factory Complex Injures More Than 100
Feb 3 2017 // More than 100 workers, including three Japanese, were injured and at least three were missing in a fire that hit a huge factory south of Manila and sent thousands of employees running to safety, an official said...
JLT Re Appoints Pang as Philippines Managing Director
Feb 1 2017 // JLT Re, the global provider of reinsurance broking and consultancy, announced the appointment of William Pang as managing director for JLT Re Philippines, subject to regulatory approval. Pang will be relocating to Manila...
Bangladesh Police Detail How Insiders May Have Aided Cyber Bank Heist
Dec 30 2016 // A top investigator into the electronic theft of $81 million from the Bangladesh central bank is turning his attention to some IT technicians from the bank whom he suspects hooked up its transactions system to the public...
Philippines Hunts for Crew of Ship Sunk by Typhoon Nock-Ten; AIR Comments
Dec 28 2016 // The Philippine coast guard pressed its search Tuesday for 18 crewmen from a cargo ship that sank at the height of Typhoon Nock-Ten, which struck the country on Christmas Day. Coast guard spokesman Armand Balilo said 14...
Typhoon Haima Batters Philippines; Weakened Storm Heads to China
Oct 20 2016 // More than 90,000 people were evacuated after Typhoon Haima left vast areas of the Philippines flooded and without electricity as the strongest storm to hit the nation this year heads toward China. Haima, a Category 5 super...
Philippines Readies for Super Typhoon Haima – in 2nd Storm in a Week
Oct 19 2016 // The Philippines raised the storm alert for two northern provinces to its highest level as authorities moved people to safer ground, canceled work and suspended flights before Super Typhoon Haima is due to make landfall as...
Typhoon Sarika Hits Philippines, Killing at Least 2 People, Displacing Thousands
Oct 17 2016 // Typhoon Sarika made landfall in eastern Philippines on Sunday after leaving at least two people dead a day earlier, thousands of villagers displaced and hundreds of planes grounded. Locally named Karen, the typhoon...
Investigation of $81M Bangladesh Bank Heist Uncovers 3 Hacker Groups: Sources
May 11 2016 // Investigators examining the theft of $81 million from Bangladesh’s central bank have uncovered evidence of three hacking groups — including two nation states — inside the bank’s network but say it...
Hackers in Bangladesh Bank Cyber Heist Pocketed About $70M; NY Fed Criticized
Apr 29 2016 // Hackers are likely to get away with about $70 million of Bangladesh’s foreign reserves after a brazen cyber-attack against the South Asian nation, according to Finance Minister Abul Maal Abdul Muhith. The Philippines...
