Top News
Peso falls to record low vs USD as Iran retaliates, oil soars
The Philippine peso tumbled to a fresh record low on Thursday, breaching the P60-per-dollar mark, as escalating geopolitical tensions in the Middle East and surging oil prices rattled markets and drove investors toward the safety of the US dollar.
Filipinos prioritize lower food prices, jobs, and anti-corruption—survey
A recent survey commissioned by the Stratbase Institute found that Filipinos want the national government to focus on lowering food prices, creating jobs, and addressing corruption, amid rising fuel costs linked to tensions in the Middle East.
Malacanang orders surprise halt on transport fare hikes
The Department of Transportation (DOTr) has suspended the planned fare increases for public utility vehicles (PUVs) following a directive from President Ferdinand Marcos Jr., as global oil prices continue to rise due to tensions in the Middle East.
Philippines weighs looser fuel rules
Facing volatile oil prices and rising energy security risks, the Philippine government is considering a temporary loosening of fuel standards to widen supply sources and ease costs.
Oil surge rattles peso, tests policy
The Philippine peso is back under pressure as surging oil prices and geopolitical strains jolt global markets, sharpening the policy dilemma for the Bangko Sentral ng Pilipinas (BSP).
