ASEAN 2026 takes center stage at ´óÏó´«Ã½ Economic Forum 2026
THE PHILIPPINES’ chairmanship of the Association of Southeast Asian Nations (ASEAN) this year will be placed in the spotlight during the country’s premier business...
Political noise drags peso to new all-time low
THE PESO dropped to a new all-time low against the greenback on Thursday as political concerns at home and rising US Federal Reserve rate...
Luzon, Visayas grids on red alert for second day
THE Luzon and Visayas grids were again placed under red alert on Thursday after plant outages reduced available generating capacity below peak demand levels,...
Motorcycle sales surge as crisis drives shift to cheaper transport
MOTORCYCLE SALES rose nearly 20% to 178,557 units in March as rising fuel costs pushed commuters to find cheaper transport alternatives, according to a...
DA assures farm imports only during shortages, price spikes
AGRICULTURE Secretary Francisco P. Tiu Laurel, Jr. told legislators that food imports will be authorized only to fill in gaps in domestic supply and...
PHL deemed most vulnerable in ASEAN due to extreme temperatures, weather
THE PHILIPPINES is the Southeast Asian country most exposed to extreme temperatures and weather, putting the agriculture and food industries at risk, an industry...
Bargain hunting pushes PSEi back to 6,000 level
THE MAIN INDEX returned to the 6,000 level on Thursday for the first time in a week as bargain hunting after a two-day slump...
Luzon, Visayas grids on red alert
POWER CONSUMERS in Luzon and the Visayas experienced interruptions on Wednesday after red and yellow alerts were raised across the grids following the loss...
El Niño may strain economy
THE PHILIPPINE ECONOMY could face added pressure from a looming El Niño episode as it continues to grapple with the fallout from the flood control graft scandal and elevated energy costs linked to the Iran war, according to Nomura Holdings, Inc. Global Markets Research.
Meralco cuts power rates slightly after 3-mo. hikes
RESIDENTIAL CUSTOMERS of Manila Electric Co. (Meralco) will see a slight reduction in their electricity bills this month after three consecutive monthly increases, as regulatory interventions softened what could have been a bigger jump in power rates amid higher fuel prices linked to the Iran war.
DoF chief says EV incentive program to be released soon
THE DEPARTMENT of Finance (DoF) said the government expects the release of the Electric Vehicle Incentive Strategy (EVIS) soon as agencies continue to coordinate...
Peso gains on profit taking, possible intervention
THE PESO rebounded against the dollar on Wednesday despite touching new lows early in the session, supported by profit taking and likely intervention from...