
Widening BOP deficit pushes peso down to P58.94:$1
The peso on Thursday opened at 58.92, slumped to 59.00, bounced back to 58.92, and closed at 58.94, with a trading volume totaling $707.45.
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The peso on Thursday opened at 58.92, slumped to 59.00, bounced back to 58.92, and closed at 58.94, with a trading volume totaling $707.45.
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Chinese Ambassador Huang Xilian said China maintains its confidence in the Philippines even as Asian economies face headwinds from the war in Ukraine, rising…
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'The country is on its way to recovering from the COVID-19 pandemic, with the economy displaying a rebound gross domestic product growth rate of 5.7-percent in…
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'No one should be left behind; everyone should think that poverty, hunger, and food security concern us all'
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As China's leaders gather for a crucial party congress, the country is expected on Tuesday to announce some of its weakest quarterly growth figures since 2020,…
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As part of a province with a rich historical tradition, Tanza in Cavite is the place where Emilio Aguinaldo was sworn in as President of the revolutionary…
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Philippine Airlines said on Thursday afternoon that starting 9 December this year, the airline will reintroduce its direct flights between Cebu City and…
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Senate President Juan Miguel "Migz" Zubiri on Wednesday said he was surprised by the "turnaround" in Chinese Ambassador Huang Xillian's…
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The World Trade Organization on Wednesday dramatically lowered its global trade forecast for 2023, as Russia's war in Ukraine and other shocks take their toll…
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Philippine police have rescued 29 Myanmar and Chinese nationals who were allegedly trafficked and forced to work as "online scammers" for a gaming…
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Vietnam's economy grew more than 13 percent in the third quarter, compared to a year earlier, as manufacturing and exports surged following the end of strict…
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President Ferdinand "Bongbong" Marcos Jr. is closely monitoring the continued weakening of the Philippine peso against the US dollar, Malacañang said…
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With the country's leading tycoons making up the delegation, President Ferdinand Marcos Jr.'s recently concluded six-day working visit to the US stirred…
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The world economy will take a bigger hit than previously forecast next year due to the effects of Russia's war in Ukraine, the Organization for Economic…
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Southeast Asian tech startup StoreHub has raised $13.5 million in new funding to ramp up support to restaurants and retailers in the Philippines and the rest…
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Rising levels of obesity are set to cost the world economy 3.3 percent of GDP by 2060, slowing development in lower-income countries and making it hard for…
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China's "inflexible" and "inconsistent" zero-Covid policy is crippling European business operations in the country, a major business lobby…
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The Commission on Appointments on Tuesday confirmed the ad interim appointment of lawyer Bienvenido Laguesma as Secretary of the Department of Labor and…
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