The Asian Development Bank (ADB) has trimmed its growth forecast for the Philippines, underscoring mounting global uncertainty driven largely by the ongoing conflict in the Middle East.
In an aviation industry often driven by scale and speed, Sunlight Air is taking a more measured route. The boutique carrier is building its business around efficiency, discipline, and destination depth, convinced that smarter operations can deliver both commercial returns and environmental gains.
Pepsi-Cola Products Philippines, Inc. (PCPPI) is intensifying its efforts to support sari-sari stores, rolling out a technology-enabled distribution strategy aimed at directly empowering millions of Filipino micro-entrepreneurs.
The Bangko Sentral ng Pilipinas (BSP) on Thursday confirmed that the Philippines has held on to its investment-grade credit rating of “BBB+” with a stable outlook, as reaffirmed by S&P Global Ratings. The rating outlook was revised from “positive” to “stable” due to the ripple effects of the ongoing Middle East conflict on the global economy.
Scam Watch Pilipinas warns the public about a “fake rider” scheme abusing Lalamove bookings after an attempted incident involving co-founder Art Samaniego.
President Ferdinand R. Marcos Jr. has appointed Dita Angara-Mathay as secretary of the Department of Tourism, tapping a veteran economic diplomat to steer the sector toward a more investment-driven trajectory.
The government has stepped up its crackdown on alleged fuel hoarding and profiteering, issuing show-cause orders to nearly 100 gasoline stations following reports of irregular pricing nationwide, the Presidential Communications Office (PCO) said.
The Department of Transportation (DOTr) will roll out a P1 billion service contracting program to support public utility vehicle (PUV) drivers and operators starting April 15, 2026. The program will run for two weeks.
A major water infrastructure project has been completed in Barangay Silangan in Rizal province, delivering a significant boost to water supply for hundreds of residents.
The US has committed more than P639 million in fresh health assistance to the Philippines, deepening a multibillion-peso partnership aimed at strengthening the country’s response to infectious diseases and improving health system resilience.
Several things have changed over the past month. The global economy is now poised to face another severe slowdown and rising inflation as a result of the Middle East conflict. While the impact on countries may differ in magnitude, the oil supply shock will squeeze economic activity and raise prices significantly.
Airline executives were caught off guard when President Ferdinand Marcos Jr. warned that Philippine carriers may be forced to cut flights—or even ground planes—due to a possible jet fuel shortage tied to the escalating U.S.-Israeli conflict with Iran.
Food, not fuel, may prove the first and most immediate casualty of the Middle East conflict as disruption grips the Strait of Hormuz, a narrow sea lane with an outsized role in feeding the world.