Weak peso drives Philippines debt to new high
External debt, meanwhile, jumped 4.81 percent to P5.95 trillion from P5.68 trillion, as the peso’s depreciation inflated the peso equivalent of foreign…
· 2 min read
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External debt, meanwhile, jumped 4.81 percent to P5.95 trillion from P5.68 trillion, as the peso’s depreciation inflated the peso equivalent of foreign…
· 2 min read

‘We’ve had very good talks over the last 24 hours, and it’s very possible that we’ll make a deal.’
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Amid the global energy problem brought about by the Middle East crisis, leaders of the Association of Southeast Asian Nations gather in Cebu tomorrow, May 8,…
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Petron Corp.’s first-quarter net income fell 56 percent to P1.8 billion from P4 billion a year earlier, dragged by refinery disruptions and a sharp surge in…
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President Ferdinand Marcos Jr. has ordered measures to bring down rice prices as inflation surged, with officials citing rising fuel costs — not supply…
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LAPU-LAPU CITY, Cebu — ASEAN leaders will convene this week to a scaled-down, “bare bones” setup as tensions in the Middle East have forced a shift in both the…
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Vice President Sara Duterte believes she is being increasingly abandoned by her political allies and only her family has remained her constant source of…
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Global oil prices remain at levels that continue to exert upward pressure on domestic fuel and transport costs.
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The Philippine Stock Exchange Index (PSEi) slipped to 5,898.08, down 0.74 percent, as investor sentiment turned cautious following a hotter-than-expected…
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The Marcos administration’s handling of the global energy shock — now colliding with the looming impeachment trial of Vice President Sara Duterte —could leave…
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Cebu’s beautiful beaches, vibrant festivals, and rich cultural history show we’re ready for business partnerships that can bring long-term economic benefits…
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‘The Philippines has the opportunity not only to participate in dialogue, but to lead by example in agricultural transformation, and the European Union can be…
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The seven countries are widely expected to increase their quotas by 188,000 barrels per day.
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A certain old-money holding firm has been found by Nosy Tarsee to be staring down a refinancing wall that could test even its most loyal bankers.
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The economic fallout from the Middle East crisis may pose risks to the local real estate sector for the remainder of the year, according to Joey Bondoc, head…
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The US being the world’s largest economy, decisions by the Federal Reserve have significant spillover effects on other central banks. While the Fed and the…
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The US Department of Agriculture said output for marketing year 2026 to 2027 may fall to 1.93 million metric tons, down from an estimated 1.95 million MT in…
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The lack of foresight and initiative on the part of the national government could worsen the already negative effects of the Middle East conflict in the long…
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