Cash remittances from overseas Filipino workers (OFWs) reached US$2.87 billion in March 2026, helping sustain the steady flow of foreign exchange into the Philippine economy.
The Asian Development Bank (ADB) on Friday said it is ready to provide up to $1.75 billion in additional financing to help the Philippines deal with the economic effects of the ongoing conflict in the Middle East.
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.