Tag: Philippine Economy

Peso breach of P60 threatens BSP’s easing path amid oil price risks

MANILA, Philippines — The Philippine peso’s slide past the P60-per-dollar mark is complicating the monetary policy outlook of the Bangko Sentral ng Pilipinas, raising...

DOE Assures 30-Day Oil Supply Amid Escalating Middle East Conflict

The Department of Energy (DOE) assured that the country's oil supply remains sufficient for the next 30 days despite intensifying tensions in the Middle...

President Marcos Returns from Japan, Seals Eco and Tech Partnerships

President Ferdinand “Bongbong” Marcos Jr. returned to the Philippines on Sunday evening after a four-day working visit to Osaka, Japan, according to an official...

Marcos Vows Honest Service and More Jobs in Labor Day 2025 Message

Marcos Labor Day 2025 message emphasized the government’s commitment to reward the sacrifices of Filipino workers with sincere public service and more employment opportunities. President...

Senator Tolentino Pushes for National Trade Commission to Address Impact of U.S. Tariff on Philippine Economy

National Trade Commission creation has been proposed by Senate Majority Leader Francis "Tol" Tolentino in response to the economic effects of new U.S. tariff...

NEDA Reorganized as Department of Economy, Planning, and Development

President Ferdinand Marcos Jr. has signed Republic Act No. 12145, officially reorganizing the National Economic and Development Authority (NEDA) into the Department of Economy,...

DOJ Confirms Unreported Kidnapping Cases Involving Filipino-Chinese Community

The Department of Justice (DOJ) has admitted that there are still unreported incidents of kidnapping involving members of the Filipino-Chinese community in the country. This...

February Inflation Rate Slows to 2.1% Amid Falling Food and Utility Costs

The February inflation rate in the Philippines slowed to 2.1% due to declining food and utility prices, according to the Philippine Statistics Authority (PSA). Deputy...

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Taiwan reports one death, 527 injuries as Typhoon Champi sweeps past

TAIPEI — Typhoon Champi left one person dead and...

Sen. Lacson alleges TESDA offered him P5-million ‘allocation fund’; agency denies claim

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Senate leaders say 2027 budget corrections can be made without recalling House bill

MANILA, Philippines — Senate President Sherwin Gatchalian and Sen....

DILG offers P50 million reward for information leading to Sen. Bato’s arrest

MANILA, Philippines - The Department of the Interior and...

OVP seeks P785.2 million for 2027, down 11.7% from current allocation

MANILA, Philippines — Vice President Sara Duterte was absent...