Peso still Asia’s ‘weakest link’ despite BSP policy tightening
THE PHILIPPINE PESO will likely remain the weakest Asian currency despite further monetary policy tightening by the central bank as the economy remains vulnerable to volatile global oil prices amid the ongoing Middle East war, analysts said.
Marcos raises concern over stagflation risk
PRESIDENT Ferdinand R. Marcos, Jr. warned of a possible stagflation scenario, citing the threat of slowing economic growth alongside persistent inflation, while signaling that...
Political violence possible if Duterte removed — GeoQuant
THE IMPEACHMENT proceedings against Vice-President Sara Duterte-Carpio have raised the possibility of further instability and political violence in the country, according to an assessment by a unit of Fitch Solutions.
Peso stays at record low as war keeps market guardedÂ
THE PESO closed flat at its all-time low against the dollar on Tuesday as uncertainty over the Middle East war kept the market cautious.
The...
PSE index sinks to 5,800 range on oil, peso woes
PHILIPPINE SHARES slid further on Tuesday as elevated oil prices and a weak peso continued to cloud market sentiment.
The Philippine Stock Exchange index (PSEi)...
PHL loses P141B to illicit tobacco trade
THE PHILIPPINES lost about P141 billion in government revenue to illicit tobacco trade in 2024 and 2025, with illegal vape products emerging as a major source of tax leakages, according to a report by the EU-ASEAN Business Council (EU-ABC) and Euromonitor International Ltd.
WB: Businesses key to PHL becoming ASEAN growth engine
THE PHILIPPINES’ ambition to become Southeast Asia’s next economic growth engine depends on the private sector’s ability to invest, expand and innovate with confidence, the World Bank (WB) said.
Philippines among most exposed to Gulf labor slowdown — ILO
THE MIDDLE EAST WAR is rippling through Asian labor markets, cutting overseas deployments from the Philippines, weakening remittances and adding inflation pressure at home, the International Labour Organization (ILO) said.
AI adoption urgency rises as Philippines risks missing growth gains — DICT chief
THE PHILIPPINES should accelerate artificial intelligence (AI) adoption by upgrading infrastructure and boosting regulation, as slow uptake could prevent the country from fully capturing productivity gains, government and industry leaders said.
Peso sinks to new record low for third straight day as war drags on
THE PESO dropped to new record low on Monday as the Strait of Hormuz’s continued closure due to the standoff between the United States...
PHL stocks drop further as global oil prices rise
PHILIPPINE SHARES sank to a near two-week low on Monday as the conflict in the Middle East, high global oil prices, and weak buying...
Banks’ NPL ratio improves in March
THE PHILIPPINE BANKING sector’s nonperforming loan (NPL) ratio declined in March, data from the Bangko Sentral ng Pilipinas (BSP) showed, reflecting borrowers’ strong repayment capacity despite the Middle East war.