Market snaps streak, peso slides
Philippine shares ended lower on Thursday as renewed concerns over the Middle East conflict and its impact on global oil prices dampened investor sentiment.
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Daily TribuneTopic
Philippine shares ended lower on Thursday as renewed concerns over the Middle East conflict and its impact on global oil prices dampened investor sentiment.
· 2 MIN READ
The country’s largest business group has expressed support for a proposed four-day workweek as a way to help reduce fuel use and ease transport costs for…
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Twenty-five overseas Filipino workers (OFWs) and one dependent from Dubai, United Arab Emirates, arrived on Emirates flight EK334 Wednesday evening at the…
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The International Energy Agency (IEA) on Wednesday said its member countries will unlock 400 million barrels of oil from their reserves, the biggest such…
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As the conflict in the Middle East rages and threatens to ripple through global markets, the Department of Human Settlements and Urban Development (DHSUD) is…
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The Department of Human Settlements and Urban Development (DHSUD) is stepping up preparations to shield the Philippine housing sector from economic fallout…
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The government is not considering borrowing funds from international lending institutions to support its crisis response measures amid rising global tensions…
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‘Every day, some can return home, but there have been delays.’
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Lawmakers received assurances on Wednesday that the government is financially prepared to assist overseas Filipino workers (OFWs) and support their…
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The ongoing tension in the Middle East is fueling fear and volatility in the local fuel market. The Philippines, which imports nearly all of its diesel and…
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The silver lining is that countries reliant on specific sectors may diversify their economies to make them more resilient to future shocks.
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The ongoing crisis cannot be separated from the coordinated attacks by militant group Hamas that Israel said were backed by Iran.
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For heavily import-dependent economies, like the Philippines, the effect is amplified.
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Overseas Filipino Workers (OFWs) caught abroad by the ongoing war are facing challenges returning home, according to Department of Migrant Workers (DMW)…
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‘The ongoing conflict in the Middle East has resulted in the disruption of liquefied natural gas shipments through the Strait of Hormuz.’
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The Manila Electric Company (Meralco) is mobilizing all resources to protect customers from potential electricity price spikes amid escalating tensions in the…
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Belligerent states tend to respond to power and direct national interest, not to appeals from capitals facing internal crises.
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While the immediate response is a show of ‘performative action,’ the gains are very small.
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