Rising geopolitical tensions in the Middle East and the looming effects of El Niño are emerging as twin headwinds to Philippine growth, with remittances and inflation pressures forming a potentially volatile mix.
Economic Planning Secretary Arsenio Balisacan cautioned lawmakers that a prolonged Middle East conflict could trigger a severe economic shock in the Philippines, with surging oil prices threatening to reverse gains in poverty reduction.
Treasury bill yields continued to ease at Monday’s auction as investors positioned for a possible shift toward monetary easing by the Bangko Sentral ng Pilipinas (BSP) amid weakening economic momentum.
Philippine equities held their footing above the 6,000 level as caution continued to dominate trading, with analysts balancing global headwinds against pockets of domestic resilience.
The Philippines has emerged as ASEAN’s top tourism economy, leading the region in tourism’s contribution to gross domestic product and ranking among the strongest job creators, according to the 2025 World Travel and Tourism Council (WTTC) Economic Impact Report.
At long last, the public can sleep soundly. The National Capital Region Police Office has announced the arrest of a 43-year-old man accused of attempting to make off with 26 forks and seven silver spoons from a Manila hotel—the estimated value of the alleged loot is P12,658.14.
Salmon, one of the country’s leading fintech applications, has strengthened its security infrastructure to address the growing complexity of fraud threats in the Philippines.
The Department of Agriculture (DA) has partnered with Denmark to introduce a pilot project aimed at modernizing the Philippines’ offshore fishing sector. Signed through the Bureau of Fisheries and Aquatic Resources (BFAR) and the Danish Fishing Technology Cluster, this cooperation marks a new milestone as both countries celebrate 80 years of diplomatic relations.
The Department of Information and Communications Technology (DICT) reported Thursday that complaints against courier services have fallen by nearly 88 percent over six months, thanks to its Oplan Bantay Padala initiative.