Despite rising global inflation and mounting geopolitical risks, Jollibee Foods Corp. is determined not to compromise on product quality or portion sizes, even as it navigates higher operating costs.
Philippine inflation surged to a three-year high in April, exceeding expectations and strengthening the case for further monetary tightening, according to data released by the Philippine Statistics Authority.
Philippine Treasury bill yields moved higher at Monday’s auction, as markets adjusted to the Bangko Sentral ng Pilipinas’ shift toward tighter monetary policy amid rising inflation risks.
Headline inflation in the Philippines accelerated to 4.1 percent in March, the fastest pace since July 2024 when inflation hit 4.4 percent, driven by higher food prices and surging fuel costs, according to data released Tuesday by the Philippine Statistics Authority.
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.
Japanese Ambassador Endo Kazuya joined diplomats, government officials, and maritime experts yesterday to mark a decade since a landmark legal ruling on the South China Sea.
Ambassador Endo attended the special symposium on July 10, which was hosted by the Stratbase ADR Institute for Strategic and International Studies. The event allowed leaders and analysts to discuss the current state of regional waters exactly ten years after an international tribunal issued its decision in the case between the Philippines and China.
When Hidilyn Diaz won the Philippines' first Olympic gold medal in Tokyo in 2021, most of the country's newest weightlifting sensations were still in grade school, some not even teenagers. Five years later, they are no longer just watching their hero. They are following her footsteps, one lift at a time.