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...
The British Chamber of Commerce Philippines (BCCP) signaled its commitment to deepening economic ties between London and Manila during the UK-ASEAN Business Forum, as the Southeast Asian nation prepares to steer the regional bloc’s economic agenda amid escalating global geopolitical volatility....
The Philippines has lagged behind its Association of Southeast Asian Nations (ASEAN) neighbors in attracting Chinese outbound direct investment (ODI), even as other emerging-market (EM) economies in the region continue to benefit from China’s overseas investment growth, according to think tank...
The Philippine Exporters Confederation Inc. (Philexport) has expressed strong support for proposed amendments to the Magna Carta for micro, small, and medium enterprises (MSMEs), while stressing that reforms must deliver concrete benefits such as improved access to financing and more favorable loan...
Taking a cue from the executive, House Speaker Faustino “Bojie” Dy III has announced that the Philippines ' hosting of the ASEAN Inter-Parliamentary Assembly (AIPA) meetings this year will be scaled down by limiting in-person activities to the General Assembly in October and the Interface...
