The Philippines is once again facing growing energy security concerns as global oil market disruptions, driven by tensions between the United States and Iran, push fuel prices and inflation higher. The situation mirrors the 1973 and 1979 oil crises, which exposed the country’s heavy dependence on imported fuel and caused widespread economic hardship.
TP in the Philippines is accelerating investments in artificial intelligence-driven capabilities, regional expansion, and workforce transformation as it positions itself for the next phase of growth amid rising demand for higher-value and technology-enabled services in the country’s IT-BPM sector.
Public utility vehicle (PUV) operators using the Parañaque Integrated Terminal Exchange (PITX) are expected to save more than P5 million after President Ferdinand Marcos Jr. ordered the suspension of terminal fees for three months starting May 18, 2026.
Broadcast giant GMA Network reported an 87 percent drop in first-quarter 2026 profit after missing the boost from election-related advertising seen last year.
The Bank of the Philippine Islands strengthened its financial inclusion efforts through “Basta Babae, Wais!,” a one-day financial literacy program attended by more than 300 women in Barangay 176F, Caloocan City on March 25.
Philippine financial markets are heading into the week on a cautious footing as renewed threats by Iran to potentially close the Strait of Hormuz inject fresh volatility into global oil supply expectations and inflation outlooks, according to Rizal Commercial Banking Corp. chief economist Michael Ricafort.
Diana Edralin operates at the intersection of business and healthcare with a rare fluency that turns policy rooms into working tables and competing interests into shared agendas.
The Department of Agriculture (DA) has mandated a comprehensive structural assessment of the General Santos fish port complex, one of the country’s most important fisheries facilities. This follows a strong earthquake that led to the temporary closure of several areas.