Ben Arnold de Vera

Duterte-Marcos ICC drama shows political instability a hindrance to Philippine development - think tank

The deepening rift between the Marcoses and the Dutertes reflects deep-rooted political instability in the Philippines, which ultimately hinders the country from achieving its full economic potential, according to the think tank Capital Economics.

Peso strength won't last long - UOB

The peso's recent relative strength against the US dollar would unlikely last for long amid external and domestic threats, according to Singapore-based United Overseas Bank (UOB).

'Fee-free' myth: Filipinos pay ₱8.37 billion in hidden remittance costs in 2023

Filipinos receiving and sending money from overseas lost an estimated total of ₱8.37 billion in 2023 to "hidden" fees charged by banks and money remittance centers on foreign currencies, according to findings from transparency research commissioned by global fintech firm Wise.

Philippines to return unspent Covid-19 loan funds to World Bank

The Philippines will return to the World Bank the unspent portion of the COVID-19 response loans it secured during the height of the pandemic.

Interest rate cuts needed to address Philippine economic uncertainty

Lingering uncertainty among consumers and businesses in the Philippines can be addressed by lower interest rates, according to the research arm of German financial giant Deutsche Bank.