Gov’t eyes $1.5B ADB funding amid Gulf crisis
The Philippine government is seeking up to $1.5 billion in emergency financing from the Asian Development Bank’s Countercyclical Support Facility to shield the…
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The Philippine government is seeking up to $1.5 billion in emergency financing from the Asian Development Bank’s Countercyclical Support Facility to shield the…
The Philippine stock market and peso fell sharply as renewed Middle East tensions and concerns over domestic infrastructure spending fueled investor caution,…
The Department of Migrant Workers has received an additional P3 billion from the Marcos administration to strengthen repatriation and reintegration assistance…
President Donald Trump has delayed planned military strikes on Iran as Gulf leaders push for last-minute diplomacy to avoid escalation in the Strait of Hormuz,…
The US has also accused Iran of laying mines in the Strait of Hormuz.
The summit focused heavily on three priorities: Energy security, food security and the safety of ASEAN nationals abroad.
A total of 64 overseas Filipino workers (OFWs) and dependents were repatriated to the Philippines via Ninoy Aquino International Airport (NAIA) Terminal 3 amid…
Half of the Gulf countries are expecting a contraction this year.
The Department of Migrant Workers (DMW) reported that over 7,000 overseas Filipino workers and dependents have been repatriated from conflict-affected areas in…
ICTSI warns that disruptions in key shipping routes, particularly the Strait of Hormuz, are impacting Asian trade flows, with rising fuel costs and prolonged…
Intelligence suggests Iran may be using the lull to rebuild and rearm.
China reportedly influenced US-Iran ceasefire talks, urging de-escalation in the Middle East as Pakistan hosts negotiations to secure peace, shipping routes,…
‘We continue to monitor the situation, especially developments in the last 24 hours. Some countries in the Gulf states have issued alerts and even imposed…
The Philippine government is ramping up aid and monitoring for overseas Filipino workers in Gulf states amid rising Middle East tensions, with DMW Secretary…
Ukraine signs 10-year defense agreements with Qatar, UAE, and Saudi Arabia, focusing on missile and drone defense amid escalating Middle East tensions.
Unquestionably, our significant oil dependency places our country in a highly vulnerable and precarious situation.
Iran threatens to deploy naval mines in the Persian Gulf and target power plants in Israel and Gulf states if the US or Israel attacks its coasts, amid ongoing…
Over 300 OFWs from the Middle East arrive in the Philippines via a fourth chartered flight, as the government continues repatriation efforts amid ongoing…