Rising fuel prices pinch Filipino households and businesses
ON A HUMID Thursday afternoon in Las Piñas City near the Philippine capital, jeepney driver Michael I. Resuello, 48, watched the diesel pump at the RedStar Fuel station in Pilar Village tick past P70 per liter, up from P48 just weeks ago.
Oil shock may prompt BSP rate hike
OIL PRICE SHOCKS may prompt the Bangko Sentral ng Pilipinas (BSP) to hike its policy rate as early as its next meeting in April amid the risk of inflation breaching the central bank’s target band in March, an economist said.
ASEAN must strengthen resilience against shocks from Middle East crisis, Philippine trade secretary says
MANILA — Philippine Trade Secretary Cristina Roque said on Friday the conflict in the Middle East underscores how deeply interconnected the global economy has...
Philippines seeks oil law review as high prices threaten nation
The Philippines is looking to review a nearly 30-year old law that liberalized its oil industry, as the government aims to have a better...
Manila Water, Maynilad to raise water rates in April
By Sheldeen Joy Talavera, Reporter
Customers in Metro Manila and nearby areas will have to brace for higher water bills starting April as the regulator...
Philippines jobless rate jumps to over three-year high of 5.8% in January
By Erika Mae P. Sinaking, Reporter
The Philippines' unemployment rate climbed to 5.8% in January 2026, marking its highest level in more than three years,...
Philippines looks to regulate power market as LNG prices surge
SINGAPORE/MANILA - The Philippines plans to rein in power bills as Middle East shipping disruptions drive up LNG prices, its energy secretary told Reuters...
PSEi may continue dip as Middle East war drags on
PHILIPPINE SHARES are likely to trend lower this week as investors weigh the impact of escalating Middle East tensions and rising oil prices on the domestic economy.
Peso may hit P60 a dollar this week amid escalating Iran war
THE PHILIPPINE PESO may weaken to the P60-per-dollar level this week as surging oil prices and escalating war between the US and Iran drive demand for the greenback.
PHL bank asset growth eases in Q4 as lending momentum weakens
THE PHILIPPINES’ largest banks saw asset growth ease in the fourth quarter of 2025 as lending expanded at its slowest pace in nine quarters, reflecting the broader economic slowdown.
NG debt service bill hits P2.1 trillion in 2025
THE NATIONAL GOVERNMENT (NG) debt service payments jumped to P2.1 trillion in 2025, surpassing the government’s own program which signals mounting fiscal pressures.
Philippines’ current account gap narrows to $16.3B in 2025
STRONG EXPORTS growth and remittance inflows led the Philippines’ current account deficit to narrow at end-2025, the Bangko Sentral ng Pilipinas (BSP) reported.
Central bank...