Oil markets jolted higher Thursday as geopolitical tensions in the Strait of Hormuz escalated, with Iran and the US both asserting control over one of the world’s most critical energy chokepoints.
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.
The Philippines is positioning itself for a larger role in the US’ critical minerals supply chain, with fresh details expected as both sides prepare for a bilateral strategic dialogue next week, Philippine Ambassador to the US Jose Manuel Romualdez said.
Global markets are bracing for turbulence after the US weekend strike in Venezuela, which resulted in the capture of President Nicolas Maduro and signals a temporary US administration of the country. Analysts warn the move could ripple across energy markets, with implications for the Philippine economy.
Philippine exports to the US—supercharged for months by aggressive front-loading—are expected to return to more typical levels soon as tariff pressures ease and the trade environment settles, according to Export Marketing Bureau Director Bianca Sykimte.
Senator-judge Raffy Tulfo asked a deceptively simple question during Vice President Sara Duterte’s impeachment trial: Why did no one in her legal orbit tell her to divest from her businesses before she took her oath?
Solviva Energy, the residential solar venture backed by Aboitiz Power Corporation, is expanding its service footprint across and beyond the Greater Manila area, riding growing public interest and streamlined government rules that make putting up rooftop solar systems simpler.
The Truck Manufacturers Association (TMA) and the Automotive Body Manufacturers Association of the Philippines (ABMAP) are teaming up to launch the first Philippine International Truck Show (PITS), providing a dedicated venue for the country’s commercial vehicle and body-building industries.
The Antipolo City Government, launched its second IEC Public School Caravan to arm youth against online harm—with sharp focus on emerging AI-powered risks.