Record lows sweep Asian currencies as oil spike revives risks
Oil’s renewed surge above $120 a barrel is dealing a heavy blow across Asia’s currency markets, pulling some of the region’s most vulnerable currencies...
ASEAN to ratify petroleum security deal, Philippine minister says
MANILA — ASEAN is pushing forward the ratification of a framework agreement on petroleum security, the Philippine trade minister said on Thursday.
“APSA, or the...
PSEi sinks as Iran war fuels economic uncertainty
PHILIPPINE SHARES sank to an over five-month low again on Thursday as concerns over quickening inflation, slowing growth, and a weak peso due to...
Peso rebounds from record low on profit taking, rate hike hopes
THE PESO rebounded against the dollar on Thursday despite touching a new record low during the session on profit taking and expectations of more...
Infrastructure spending declines in February
INFRASTRUCTURE SPENDING slumped by nearly 30% year on year in February amid delays in billing claims, the Department of Budget and Management (DBM) said.
In...
Philippines’ March trade gap widest in 6 months
THE PHILIPPINES’ trade deficit in goods widened slightly in March as a record-high import bill driven by rising global energy prices offset the fastest export growth since late last year, the Philippine Statistics Authority (PSA) reported on Thursday.
Agricultural output likely shrank in Q1
THE PHILIPPINES’ agricultural output likely contracted in the first quarter of 2026, weighed down by a drop in major crops such as rice, and continued weakness in fisheries and livestock subsectors, analysts said.
April inflation may hit 3-year high
PHILIPPINE INFLATION likely accelerated to as high as 6.4% in April, driven by higher prices of fuel, electricity and food amid the war in...
PHL shares may decline further before key data
PHILIPPINE SHARES may continue to move lower this week before the release of key data that could show the impact of the Middle East...
Peso weakness may persist as war-driven risks cloud outlook
THE PESO may continue to weaken this week and possibly hit new lows against the dollar due to renewed global oil price concerns as...
Middle East war, US tariffs cloud Philippine export growth outlook
PHILIPPINE EXPORTS may fall short of the government’s projections this year amid the ongoing war in the Middle East and uncertainty over the United States’ tariff policies.
NG borrowings drop nearly 40% in March
NATIONAL GOVERNMENT (NG) gross borrowings declined by nearly 40% in March as domestic debt plunged, the Bureau of the Treasury (BTr) said.
Data from...