Peso slide deepens on oil shock, trade gap
FPI chair Elizabeth Lee says geopolitical risks, higher oil prices and the Philippines' widening trade deficit are adding pressure on the peso.
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105,872 results for “oil price shock Philippines”
FPI chair Elizabeth Lee says geopolitical risks, higher oil prices and the Philippines' widening trade deficit are adding pressure on the peso.
Discover why the Philippines is among the hardest-hit economies by the Middle East oil shock, as BMI slashes GDP growth forecasts, raises inflation…
CALABARZON braces for an oil price shock as government agencies roll out fuel subsidies, transport efficiency programs, and consumer protection measures to…
Robinsons Land Corporation (RLC) stays on course with its growth plans despite oil shock risks, posting a 9% rise in Q1 net income to P4.4B. Learn how…
The Philippines’ Department of Energy steps up sustained interventions to shield consumers from oil price shocks, stabilize fuel supply, and accelerate the…
Philippine economic growth slowed to 2.8% in early 2026, as the Marcos Jr. administration battles a major flood control corruption scandal, delayed budget…
Petron Corp. reported a 56% drop in first-quarter net income to P1.8 billion, as refinery disruptions and surging global oil prices driven by Middle East…
A political economist warns that the Marcos administration’s response to the global energy shock and the looming impeachment trial of Vice President Sara…
Petron Corp.’s Q1 2026 net income plunged 56% to P1.8B as refinery shutdowns in the Philippines and Malaysia, plus a Middle East-driven oil price surge,…
Middle East tensions may weigh on the Philippine real estate sector as rising oil prices drive construction costs higher, remittances face uncertainty, and…
House to create a joint committee to address rising oil prices, with Rep. Romero Quimbo warning of inflation risks and impact on transport sector.
The Asian Development Bank now projects Philippine gross domestic product growth at 4.4 percent for 2026 — a 0.9-percentage-point downgrade from its December…
The Bangko Sentral ng Pilipinas warns that the Middle East conflict and rising oil prices are driving March inflation to 4.1%, raising risks of broader…
Bangko Sentral ng Pilipinas warns that the Middle East oil shock is driving March 2026 inflation to 4.1%, above its forecast, and could trigger broader price…
The Israel-Iran ceasefire brokered by U.S. President Trump offers hope for global oil stability, but the Philippines must still grapple with costly…
The Department of Agriculture has postponed the planned price cut on imported rice due to rising oil prices and global tensions, warning of potential ripple…