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Remittances rise in April 2026: OF inflows stay strong amid global economic challenges

Cash remittances from overseas  Filipinos (OFs) kept growing in April 2026, showing remarkable resilience even as global economic conditions remain difficult.

Strait of Hormuz reopening sends oil prices falling

Oil prices tumbled in early Asian trading on Monday after the US and Iran announced a breakthrough agreement that would reopen the Strait of Hormuz, easing fears of a prolonged disruption to one of the world's most critical energy corridors. 

DA pushes P300-million plan to turn Mapanas into Eastern Visayas agri-fishery hub

The Department of Agriculture (DA) is investing over P300 million to develop this coastal municipality into a leading fisheries and agricultural growth center in Eastern Visayas, aiming to boost local incomes, strengthen food security, and drive rural development.

External debt edges down, remains manageable and resilient

The country’s outstanding external debt eased slightly to US$147.35 billion as of end-March 2026, from US$147.65 billion in the previous quarter, keeping the overall debt burden well within manageable levels.

Steel group urges rebar rules after disaster

The Philippine iron and steel industry is pressing regulators to fast-track the implementation of tougher construction standards, arguing that recent tragedies have underscored the urgent need for earthquake-resistant building materials in one of the world’s most disaster-prone countries.

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