Market, peso, slump amid renewed tensions
Market sentiment turned cautious after fresh reports of military exchanges between the US and Iran near the Strait of Hormuz. The peso weakened slightly,…
· 2 min read
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Market sentiment turned cautious after fresh reports of military exchanges between the US and Iran near the Strait of Hormuz. The peso weakened slightly,…
· 2 min read

The summit focused heavily on three priorities: Energy security, food security and the safety of ASEAN nationals abroad.
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Across the region, governments should resist the temptation to simply subsidize their way through the crisis.
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MACTAN, Cebu — Trade Secretary Cristina Roque has urged economic ministers to take a timely and practical approach in the Middle East crisis, which has been…
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Department of Energy Secretary Sharon Garin said Thursday the country’s oil supply is nearing maximum storage capacity amid continued uncertainty in the global…
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MACTAN, Cebu — As the Middle East war continues, and tariff woes remain, investors in the ASEAN region are more cautious, Philippine Trade and Industry…
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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…
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‘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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Our energy security, food security, and the safety of ASEAN nationals have been brought out as the most urgent priorities for our region to address.
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If promises were indeed unkept, the current financial problems of the government militates against any attempt to squeeze money from the treasury.
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Vice President Sara Duterte on Tuesday expressed concern over the persistent inflation, the weakening peso and rising fuel prices, at the same time warning…
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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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For decades, the country has pinned its hopes on foreign investments and open markets to drive development. Record inflows of over $100 billion last year were…
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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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A youth organization has welcomed the Commission on Higher Education’s (CHEd) plan to impose a moratorium on tuition and other fee increases in private higher…
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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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