Philippine financial system resources climb in Q1
THE PHILIPPINE financial system’s total resources rose to P37.45 trillion in the first quarter of 2026 as the sector’s assets ballooned despite headwinds stemming from the Middle East war, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.
InstaPay, PESONet transactions top P10 trillion at end-April
DIGITAL PAYMENTS continued to expand in the Philippines as transactions made via InstaPay and PESONet reached a total value of over P10 trillion as...
Peso strengthens as markets stay hopeful on US-Iran deal
THE PESO appreciated against the dollar on Thursday after the United States again signaled a possible end to the Middle East conflict.
The currency closed...
PSEi halts losing streak on Iran peace deal hopes
THE benchmark index bounced back from a four-day losing run on bargain hunting and also lifted by renewed optimism over peace talks between the...
ADB urges PHL to maximize PPPs
THE PHILIPPINE government should maximize public-private partnerships (PPP) to help narrow the country’s infrastructure gap while easing fiscal pressure from rising debt levels, the Asian Development Bank (ADB) said.
El Niño, rising costs to weigh on rice production
SINGAPORE — Soaring fuel and fertilizer costs linked to the Middle East conflict, coupled with drier-than-usual conditions, are putting increasing pressure on domestic rice production and threatening the Philippines’ food security, according to the International Rice Research Institute (IRRI).
ERC yet to decide on extension of GEA-All suspension
ELECTRICITY CONSUMERS may face higher power costs, as the Energy Regulatory Commission (ERC) has yet to decide whether to extend the suspension of the...
Peso edges up as Mideast caution lingers
THE PESO inched higher versus the dollar on Wednesday after moving in a tight range as the market stayed on edge while waiting for...
Global bond selloff threatens turmoil in weakest Asian economies
THREE OF ASIA’S most vulnerable economies are showing rising strains as their central banks come under pressure to tighten policy even as the economic...
Stocks extend losses as market weighs war risks
PHILIPPINE STOCKS declined for the fourth straight day on Wednesday as concerns over the economic impact of the Middle East war kept investors gloomy.
The...
Marcos says Philippines would be involved in any Taiwan conflict
The Philippines would likely be involved in any conflict over Taiwan due to its proximity to the island democracy claimed by China, President Ferdinand...
BoP deficit narrows to $2.1B in April
STEADY INFLOWS from remittances and the services sector despite emerging external pressures helped narrow the Philippines’ balance of payments (BoP) gap to a three-month low in April, Bangko Sentral ng Pilipinas (BSP) data showed.Â