Philippines

How Ali's 'Thrilla' left its mark on Manila

A bustling shopping mall forms an unlikely monument to the "Thrilla in Manila", but Muhammad Ali's most brutal fight made its biggest impression on the minds of those who witnessed it and still speak of it with awe.
6 June 2016, 08:59 AM

US vows 'action' if China builds new S China Sea structures

Chinese construction on a South China Sea islet claimed by the Philippines would prompt "actions being taken" by the United States and other nations, US Defense Secretary Ashton Carter warns.
4 June 2016, 04:52 AM

BB heist linked to Philippines attack, Sony hack: Symantec

Hackers who stole $81 million from Bangladesh's central bank have been linked to another cyber attack, this time on a bank in the Philippines, in addition to the 2014 hack on Sony Pictures Entertainment, cyber security company Symantec Corp says.
27 May 2016, 06:01 AM

Bangladesh Bank heist trail goes cold in Manila as probes falter

More than three months have passed since $81 million was stolen in a brazen cyber-heist from Bangladesh's central bank and sent to Manila - yet authorities in the Philippines appear no closer to nabbing those who laundered most of the money through a bank and casinos.
24 May 2016, 04:54 AM

$38m still missing from stolen Bangladesh funds, says Philippine agency

Almost half or a total of $38 million of the $81 million funds allegedly stolen from Bangladesh are still missing, an official of the Anti-Money Laundering Council (AMLC) tells a Philippine Senate hearing.
19 May 2016, 07:02 AM

Abu Sayyaf releases Canadian hostage beheading video

Abu Sayyaf of the Philippines has releases a video of Canadian hostage John Ridsdell being beheaded by their militants. The harrowing 52-second video shows four militants and Ridsdell in jungle surroundings.
4 May 2016, 13:57 PM

Abu Sayyaf hostages in Philippines make video plea

Three hostages being held by militants in the Philippines have appeared in a video pleading for their governments to meet the captors' demands.
4 May 2016, 04:31 AM

Philippine banks seen to address vulnerabilities vs fraud

Philippine banks are seen to reexamine vulnerabilities to potential fraudsters in order to avoid a repeat of the $81-million money-laundering scandal that has now become a global spectacle.
26 April 2016, 06:57 AM

Editorial: Return Bangladesh Bank money now

The globally publicized US$81-million money-laundering scandal is enough international embarrassment for the Philippines. The least the Philippine Government can do now is to return the money as fast as the legal process will allow.
26 April 2016, 04:22 AM

Trudeau outrage at Philippines murder

The Canadian Prime Minister Justin Trudeau condemns the killing of a Canadian hostage kidnapped by Islamist militants in the Philippines.
26 April 2016, 04:19 AM

Philippines court starts process to return money to Dhaka

Bangladesh Bank may have to wait longer before it gets the amount turned over by casino junket operator Kim Wong to the Anti-Money Laundering Council of the Philippines for safekeeping, although the court has already asked authorities to preserve the money.
21 April 2016, 03:51 AM

Storm over Philippines president candidate's rape comment

A video of leading Philippines presidential candidate Rodrigo Duterte joking about a murdered Australian rape victim provokes a storm of protest.
17 April 2016, 15:45 PM

BB heist: WB for including casinos in Philippines dirty money law

The Philippines must make sure casinos are covered by anti-money laundering legislation, the World Bank says, joining calls for the government to better regulate its gambling industry after stolen millions from Bangladesh found their way to Manila.
11 April 2016, 11:38 AM

Philippines clash kills 18 soldiers

The Philippines military says 18 soldiers have been killed in fierce fighting with Islamist militants in the south of the country.
10 April 2016, 05:19 AM

Handover of BB missing millions to take a little time: Ambassador

It will "take a little time" before Bangladesh central bank gets back a portion of its missing millions.
6 April 2016, 13:16 PM

BB hackers ‘possibly Chinese,’ says Philippines senator

Chinese hackers are possibly behind one of the world's biggest cyber heists, the theft of $81 million from the Bangladesh central bank, a senator in the Philippines says.
6 April 2016, 05:53 AM

BB fund heist: CID team to visit Philippines tomorrow

A three-member team of Criminal Investigation Department (CID) will visit Philippines tomorrow night to coordinate with Philippine authorities on the money-laundering case over heist at Bangladesh Bank reserve account.
4 April 2016, 16:02 PM

Don't ask where money came from, says Manila casino boss in heist probe

For Kim Wong, the Chinese casino owner in the Philippines entangled in one of the world's largest bank heists, there are two golden rules for dealing with wealthy punters: always demand to see their money, but never ask where it came from.
2 April 2016, 05:45 AM

Philippines businessman to return BB $10.8m

Businessman Kim Wong admitted during a Senate hearing that US$21.6 million of the funds allegedly stolen from the Bank of Bangladesh went to his company but said he is willing to return half of the amount.
29 March 2016, 13:35 PM

BB fund heist: 2 Chinese traders sued in Philippines

The Anti-Money Laundering Council (AMLC) files a criminal complaint against two Chinese businessmen allegedly involved in the laundering through the Philippine financial system of $81 million stolen by mysterious computer hackers from the central bank of Bangladesh last month.
23 March 2016, 09:27 AM