OFW cash remittances rise 1.9% in August
OFW cash remittances rose 1.9 percent to $3.03 billion in August 2026, bringing eight-month inflows to $23.42 billion, although growth remains slow amid global…
· 2 MIN READ
Topic
Middle East conflict economic impact
Latest Daily Tribune news and analysis on Middle East conflict economic impact.
PAL incentivizes Middle East bookings with free rebooking
Philippine Airlines offers free first rebooking for flights from Manila to Dubai, Doha, and Riyadh, giving passengers added flexibility to adjust travel dates…
· 1 MIN READ
Iran awaits U.S.’ Hormuz plan RESPONSE
Iran is demanding a seven-day ceasefire across the Middle East.
· 1 MIN READ
Iran proposes reopening Hormuz within week
The latest plan calls for a cessation of all hostilities in the Middle East for seven days.
· 2 MIN READ
When energy security becomes a household concern, solar takes on a different role
The Middle East conflict highlights the Philippines’ energy vulnerability, driving interest in solar power as a way to reduce electricity costs and strengthen…
· 3 MIN READ
BSP: Businesses turn pessimistic in July
In its latest Business Expectations Survey, the BSP said “renewed concerns over tensions in the Middle East, higher oil prices, and persistent inflationary…
· 2 MIN READ
Iran retaliates after first U.S. strikes in a month
The US had attacked Iranian rocket launchers on the small island of Larak.
· 2 MIN READ
Gov’t spending accelerates nearly 20 percent in July – BTr
National Government spending accelerated by 19.82 percent in July to P588.6 billion, widening the monthly budget deficit to P106.3 billion as disbursements for…
· 2 MIN READ
Weak peso, inflation weigh on property market
The broader economic downturn the Philippines is currently experiencing may trigger spillover effects in the real estate market, according to property…
· 2 MIN READ
AFP unfazed by USS George Washington shift to Middle East
The AFP says the USS George Washington’s redeployment from the Indo-Pacific to the Middle East will not affect Philippine-U.S. defense activities, stressing…
· 2 MIN READ
Remolona says Q2 growth may be higher
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
Hormuz disruption could reshape global economy for years — Israeli analyst
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
More than 800,000 displaced Lebanese returning home after war
More than 800,000 displaced people have started returning home in Lebanon as fighting between Israel and Hezbollah eases, while US-backed talks continue to…
· 1 MIN READ
Get ready to ship out of Gulf, Americans warned
US embassies across the Middle East have urged American citizens to prepare for possible evacuation as tensions with Iran escalate, amid renewed missile…
· 2 MIN READ
Iraq to strengthen air defense after strikes
Iraq has ordered heightened military readiness and stronger air defenses following US-Saudi strikes on pro-Iran armed groups, as regional tensions continue to…
· 2 MIN READ
2Q Philippine GDP growth may slow to 1.42%
Philippine economic growth could slow to as low as 1.4 percent in the second quarter as the Gulf conflict continues to weigh on the domestic economy, according…
· 2 MIN READ
U.S., Saudi strike Iran-backed militants
The US-Saudi strikes came after Riyadh said its forces had intercepted drones targeting oil facilities.
· 2 MIN READ