Peso nears P62, evades record low for now
The peso weakened 3 centavos or 0.05 percent to P61.815 per US dollar on Wednesday, briefly touching a new record intraday high of P61.995 as investors reacted…
· 2 MIN READ
Topic
The peso weakened 3 centavos or 0.05 percent to P61.815 per US dollar on Wednesday, briefly touching a new record intraday high of P61.995 as investors reacted…
· 2 MIN READ

The Philippines may be moving into a higher-income bracket, but rising household expenses remain a major source of financial anxiety, with 74 percent of…
· 2 MIN READ

Lower electricity costs could give Philippine manufacturers and exporters a stronger push to expand as the government seeks to make investment and industry…
· 2 MIN READ

WASHINGTON (AFP) — President Donald Trump threatened Monday to bomb Oman if it “gets in the way” of a US deal with Iran over the Strait of Hormuz, as he called…
· 2 MIN READ

Iranian officials condemned the incident.
· 1 MIN READ

TEL AVIV, Israel – Israel’s economy has remained resilient as a pivot toward defense-related technologies helped offset the effects of the war and what former…
· 4 MIN READ

A “self-made tech billionaire,” once hailed by the local business press as the next Philippine “Bill Gates,” is now a high-ranking state technology official…
· 2 MIN READ

The June figure, which marked a 10.7 percent rebound from the previous month’s 12-month low, rose 1.8 percent from $2.99 billion a year earlier, bringing total…
· 2 MIN READ

America’s confrontation with Iran has demonstrated something that military balance sheets tend to conceal: superpower status does not make war easy, cheap, or…
· 3 MIN READ

OLD JAFFA, Israel – Israeli envoys have thrown their support behind the Pax Silica initiative as a potential investment opportunity for the Philippines,…
· 3 MIN READ

An unnamed White House official later clarified that Trump was joking.
· 2 MIN READ

Iran has imposed an effective blockade of the strait, frequently attacking commercial ships.
· 2 MIN READ

The 2.3 percent gross domestic product (GDP) growth the country posted in the second quarter of 2026 may not be as low as initially reported, according to…
· 2 MIN READ

TEL AVIV, Israel – The status quo of the global economy as of 28 February, before the escalation of the Middle East conflict, is long gone, according to Danny…
· 3 MIN READ

The Philippine economy remains on a growth path despite its slower expansion, with economic officials dismissing concerns that the country is slipping into…
· 2 MIN READ

Inflation pressures are pushing the government to widen its response, with officials weighing fuel aid, supply measures and faster action on food and energy…
· 1 MIN READ

‘We have total control over the Hormuz Strait right now.’
· 1 MIN READ

WASHINGTON, United States (AFP) — President Donald Trump on Monday again extended a waiver that allows foreign ships to carry oil and other commodities between…
· 2 MIN READ