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).
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)...
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...
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...
PSEi up in cautious trade before Trump deadline
PHILIPPINE STOCKS inched up on Tuesday as the market maintained a cautious stance while awaiting developments in the Middle East conflict.
The benchmark Philippine Stock...
Peso tumbles as dollar gains before Trump’s Iran deadline
THE PESO tumbled against the dollar on Tuesday due to renewed market uncertainty as markets monitor developments in the Middle East conflict amid a...
Budget deficit narrows to P171.2 billion in February
THE NATIONAL Government’s (NG) budget deficit narrowed to P171.2 billion in February after revenue growth outpaced expenditures, the Bureau of Treasury said.
DoE: Oil prices unlikely to drop anytime soon
THE COUNTRY’S Energy chief does not expect oil prices to immediately rebound from recent sharp increases, citing extensive damage to energy infrastructure in the Middle East.
Oil shock brings inflation to 4.1%
FASTER PRICE INCREASES in fuel, electricity and food including rice, drove Philippine inflation past the Bangko Sentral ng Pilipinas’ (BSP) target for the first time in nearly two years, the Philippine Statistics Authority (PSA) reported.
Record-low fertility rate puts Philippines’ growth window at risk
THE PHILIPPINES must act fast to harness its demographic dividend and reach high-income status, analysts said, as a record-low fertility rate raises the risk of falling into the “aging before becoming rich” trap, analysts said.
Trump agrees to two-week ceasefire with Iran, dropping threat to destroy ‘whole civilization’
DUBAI/JERUSALEM/WASHINGTON - US President Donald Trump on Tuesday agreed to a two-week ceasefire with Iran, less than two hours before his deadline for Tehran...
Inflation risks rise after target breach in March — BSP
The Bangko Sentral ng Pilipinas (BSP) said inflation risks have “significantly” grown after consumer prices rose faster than expected in March amid the oil...