
Peso slumps down to new low at P60.55; bourse finishes week under 6,000
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
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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…
· 2 min read

This action follows nationwide protests since mid-March, as drivers face diesel prices nearing P120/liter and gasoline over P100, eroding profits despite…
· 1 min read

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…
· 1 min read

Batangas 1st District Rep. Leandro Legarda Leviste warned that the Philippines may face a debt crisis worse than the ongoing oil shock if the government fails…
· 2 min read

The World Bank Group announced on Thursday (Friday Philippine time) that it will provide financial assistance to member countries — including the Philippines —…
· 2 min read

WASHINGTON, United States (AFP) — US President Donald Trump said Wednesday he will meet his Chinese counterpart Xi Jinping in Beijing in May after delaying an…
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‘Some temporary visa holders may be unable or unlikely to depart Australia when their visas expire.’
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Iran would target shipping in the Red Sea in the event of a ground invasion.
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An unmanned surface vehicle is suspected of targeting the engine room.
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The Monetary Board has decided to maintain the target reverse repurchase rate at 4.25 percent, with BSP Governor Eli M. Remolona Jr. noting that monetary…
· 3 min read

There are those who think this kind of talk is fear-mongering, pointing out that inflation rates have not hit double digits for a long time.
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Filipino business groups hailed the President’s recent signing of an executive order granting him temporary authority to reduce or suspend excise taxes on oil…
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Trump has not yet revealed who the US is negotiating with in Tehran.
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Ferry operators have committed not to increase fares this Holy Week amid the huge spikes in fuel price caused by the war in the Middle East, President…
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The benchmark Philippine Stock Exchange index (PSEi) closed Wednesday at 6,044.17, rising 1.82 percent, as the local market rallied on optimism that a…
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Philippine Airlines (PAL) has locked in sufficient jet fuel reserves to sustain its full flight schedule, including long-haul operations, as global market…
· 2 min read

