
Palace: Local currency slide driven by Middle East tensions
‘This is not what we want (the government intervening with peso slide against the US dollar). This is truly having an impact, and the weakening of the peso…
· 2 min read
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‘This is not what we want (the government intervening with peso slide against the US dollar). This is truly having an impact, and the weakening of the peso…
· 2 min read

The peso has slumped to a new record low on Monday, closing at 60.69 against the US dollar, as rising oil imports and escalating geopolitical tensions…
· 2 min read

At a time of hardship, such controversies deepen public distrust and sharpen the sense that the sacrifice is not equally shared.
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Skal International Makati recently honored key figures in the tourism industry during its 32nd Tourism Personality Awards held at Okada Manila, in celebration…
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The private sector has stepped in, but it cannot substitute for coherent policy from the government.
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At any rate, it now seems the emergency declaration somewhat preempted or blunted criticisms of this administration’s credibility and competence.
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The global oil crisis is no longer a distant economic forecast; it is now at the doorstep of every Filipino athlete.
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For some families, however, traditions remain unchanged despite the financial strain. One parent said their family will continue their annual ‘Visita Iglesia,’…
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The EU-ASEAN Business Council (EU-ABC) has called on the European Commission to intensify engagement with Southeast Asia and strengthen support for European…
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The Jetour T1 has secured a five-star safety rating from the ASEAN New Car Assessment Program, based on results under the 2021 to 2025 test protocol.
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Small Asean states are leveraging cooperation to amplify influence, with the Philippines and Cambodia using trade, education and security ties to navigate…
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The Philippine peso sank to a new record low of P60.55 per US dollar on Friday afternoon as the crisis in the Middle East continued to weigh on the currency…
· 3 min read

The World Bank Group announced on Thursday (Friday, 27 March, Philippine time) that it will provide financial assistance to member countries — including the…
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This action follows nationwide protests since mid-March, as drivers face diesel prices nearing P120/liter and gasoline over P100, eroding profits despite…
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The strongest measure taken by the government thus far — the suspension of the excise tax on fuel — will have little effect in easing Filipinos’ suffering,…
· 4 min read

Sara Duterte warned that Filipino households should brace for worsening economic and climate-related conditions throughout 2026, saying the country is entering…
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President Ferdinand R. Marcos Jr. said the Philippines will proceed with hosting the ASEAN Summit and related meetings this year despite rising costs and the…
· 3 min read

Business leaders with the EU-ASEAN Business Council (EU-ABC), during high-level meetings over a three-day visit (23 March to 26 March) in Brussels, are calling…
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