High fuel costs forcing Philippine farmers to abandon harvests
BENGUET — Filipino farmers like Romeo Wagayan have been left with little choice but to let their vegetables rot in the field rather than...
ADB launches $25 million fund for ASEAN power grid
MANILA — The Asian Development Bank said on Tuesday that it has launched Southeast Asia’s first multi-partner fund to accelerate the development of an...
Philippine inflation quickens to 4.1% in March, fastest in nearly 2 years
By Katherine K. Chan, Reporter
Faster price increases in fuel, electricity and food, including rice, pushed Philippine inflation past the Bangko Sentral ng Pilipinas’ (BSP)...
Middle East war threatens Philippine growth outlook
THE MIDDLE EAST conflict threatens the Philippines’ growth prospects but a rebound in private spending and robust exports could still position the country as the second fastest-growing economy in the region, the ASEAN+3 Macroeconomic Research Office (AMRO) said.
BSP may hike if inflation breaches 4%, says AMRO
THE Bangko Sentral ng Pilipinas’ (BSP) easing cycle has likely ended, with rate hikes now on the table as energy shocks amid the Middle East war could stoke inflation this year, the ASEAN+3 Macroeconomic Research Office (AMRO) said.
Pump prices continue to rise; diesel may top P170 per liter
PUMP PRICES are expected to continue to go up this week, with diesel likely to go above P170 per liter as the Iran war enters its second month.
Philippines at ‘high risk’ for political instability amid Middle East conflict
THE PHILIPPINES remains at “high risk” for political instability as the widening conflict in the Middle East threatens local supply chains and energy security, according to Washington‑based South Asia Foresight Network (SAFN).
Peso rises on ceasefire optimism
THE PESO climbed to a near two-week high against the dollar on Monday following a two-day trading break as players remain hopeful of a...
PSE index declines as markets eye US-Iran talks
PHILIPPINE STOCKS closed in the red again on Monday amid uncertainty over the conflict in the Middle East amid mixed signals from officials about...
Philippines still likely to be ASEAN’s second-fastest growing economy despite oil shocks
By Katherine K. Chan, Reporter
The Middle East conflict threatens the Philippines’ growth prospects but a rebound in private spending and robust exports could still...
Poll: Inflation likely hit 20-month high in March
SHARP OIL PRICE increases driven by supply disruptions from the Middle East war, along with pricier rice, may have pushed Philippine inflation to its fastest pace in nearly two years, analysts said.
Middle East war darkens outlook for Philippine economy — BMI
THE PHILIPPINE ECONOMY is likely to expand by 4.7% this year, amid sluggish government spending and oil supply disruptions arising from the ongoing war...