Foreign ministers of the Association of Southeast Asian Nations (ASEAN) on Monday, April 13, urged sustained diplomacy and restraint following recent developments in the Middle East, while welcoming a temporary ceasefire between the United States and Iran. Department of Foreign Affairs (DFA)...
As tensions in the Middle East, Ukraine, and many parts of the world persist, the Philippines took the lead in advancing regional peace efforts as it chaired the 18th meeting of the advisory board of the Association of Southeast Asian Nations (ASEAN) Institute for Peace and Reconciliation (IPR) at...
The Asian Development Bank (ADB) is planning to mobilize up to $6 billion by 2030, alongside institutional support for capital market regulators in Southeast Asia, to deepen regional capital markets and strengthen long-term financial resilience against external shocks. The initiative aims to...
Unity and sustained cooperation among the Association of Southeast Asian Nations (ASEAN) are crucial as Southeast Asia faces growing maritime security challenges, Armed Forces of the Philippines (AFP) Chief Gen. Romeo Brawner Jr. said on Friday, April 10. Brawner made the statement during the 11th...
The Manila-based Asian Development Bank (ADB) is urging the Association of Southeast Asian Nations (ASEAN) to deepen regional financial connectivity, positioning stronger and more integrated capital markets as a critical buffer against external shocks like the war in the Middle East. In a speech...
The Manila-based Asian Development Bank (ADB) has launched a multi-partner fund aimed at financing critical project preparation for cross-border energy and transmission infrastructure in the Association of Southeast Asian Nations (ASEAN), marking the first initiative of its kind in the region. The...
The Bangko Sentral ng Pilipinas (BSP) has likely exhausted its window for monetary easing as resurgent price pressures threaten to breach the upper limit of its target range, according to the ASEAN+3 Macroeconomic Research Office (AMRO). While the Philippine economy shows signs of stabilizing...
The Philippines is more vulnerable to “stagflationary” shock than any of its Southeast Asian neighbors as surging energy costs and cooling domestic demand squeeze the country’s economy, according to Oversea-Chinese Banking Corp. (OCBC) In a research note published last week, OCBC economists...
The Bureau of Corrections (BuCor) expressed its full support to the adoption of the Treaty on the Transfer of Sentenced Persons (TTSP) with other members of the Association of Southeast Asian Nations (ASEAN). In a statement on Sunday, April 5, the BuCor said the move to have a TTSP with all ASEAN...
If the war in the Middle East prolongs and global oil prices continue to skyrocket, the Philippine peso could breach the ₱61:$1 level in the second quarter of 2026 and even hit as low as ₱62 to ₱64 against the United States (US) dollar. “Our base case forecasts for the US dollar-Philippine...
Malacañang said the Philippines will continue engaging Myanmar authorities and stakeholders following recent political developments in the Southeast Asian nation. In a message to reporters, Presidential Communications Office (PCO) Undersecretary Claire Castro said the government has taken note of...
Philippine manufacturing growth slowed in March as input prices spiked amid rising energy costs tied to the war in the Middle East. In a report on Wednesday, April 1, S&P Global said the Philippines ’ purchasing managers’ index (PMI) eased to 51.3 last month from 54.6 in February, signaling a...
