The timing of any declaration would depend on security conditions in the region, the South China Morning Post reports.
Philippine Finance Secretary Cesar Purisima says tax reforms will increase the country's revenue collection and even lower companies' tax bill.
"The Chinese people do not want to have war, so we will be opposed to [the] U.S. if it stirs up any conflict," Liu Zhenmin tells CNBC..
Standard Chartered's Jeff Ng gives a breakdown of Philippine's Q1 GDP figures, which he says are largely driven by domestic consumption.
Nomura's Euben Paracuelles says there has been a lot of momentum in government's infrastructure spending which will boost the Philippine's growth.
Philippines' economic growth halved in the first quarter from the previous three-month period, the statistics agency said on Thursday.
The Philippines is about to make a left turn, but it's not yet clear whether it will be a hard left or a gradual, sweeping arc.
Vietnam's Tien Phong Bank said that it interrupted an attempted cyber heist that involved the use of fraudulent SWIFT messages.
Amando Tetangco expects Duterte to continue adopting economic policies that in recent years have driven high growth while keeping inflation low.
Manila's police force is so underfunded that hearses give officers a lift to murder scenes. Cops hope the incoming president will change that.
The central bank wanted to retain policy flexibility ahead of global uncertainty, says Amando Tetangco, governor of Bangko Sentral ng Pilipinas (BSP).
Unicapital Securities' Lexter Azurin says the new president's measures to curb corruption and crime will have a positive effect on the economy.
The Philippines is set to usher in regional mayor Rodrigo Duterte as its next president but his shaky policy agenda is likely to worry investors.
CLSA's Alfred Dy sees potential in Philippine's banking sector, because the country is still in the early stages of infrastructure-building.
Firebrand mayor Rodrigo Duterte was set to become the Philippines' next president as results from Monday's election poured in.
Federation of Philippine Industries president George Chua says the business community will be able to work with whoever wins the election.
Infrastructure spending in the Philippines needs to rise to make up for plateauing overseas remittances, says Mizuho Bank's senior economist Vishnu Varathan.
Market volatility in the last two weeks was not due to politics but the external environment, says Philippine Stock Exchange CEO Hans Sicat.
A flood of demand from local and foreign businesses is boosting real-estate in the Philippines, points out Rick Santos, chairman, founder and managing partner of CBRE Philippines.
Fidel V. Ramos, former President of the Philippines, believes the controversial statements by front-runner Roddy Duterte are simply part of his campaign strategy to win attention.