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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...

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.

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.

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.

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.

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)...

Peso stays at record low as war keeps market guarded 

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...

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.

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...

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.

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. 

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...
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