Signs of stagflation are surfacing in the Philippine economy as it enters the second quarter of 2026, with private sector economists warning of a precarious mix of stalled growth and surging consumer prices. The country’s economic output likely posted only a tepid recovery from the previous...
BEIJING — China is stepping up its push to harmonize the Asia-Pacific’s two largest trade blocs, seeking to bridge the gap between competing frameworks to finally realize a long-delayed vision for a unified regional free trade zone. As the current chair of the Asia-Pacific Economic Cooperation...
The APEC Business Advisory Council (ABAC) has urged Asia-Pacific governments to take immediate and coordinated action to address mounting economic pressures, including trade fragmentation, energy market shocks, and persistent supply chain disruptions, warning that business confidence across the...
BEIJING, China — The trade relationship between two of the world’s largest economies is expected to expand significantly in the near term as China looks to secure bilateral commitments with the United States (US) at the upcoming Asia-Pacific Economic Cooperation (APEC) Summit. Ambassador Chen...
BEIJING, China — The Asia-Pacific Economic Cooperation (APEC) Summit this year is expected to help settle differences between the economic powerhouses of China and the United States (US), as the regional bloc works to affirm an open trade policy, according to China National Committee for Pacific...
BEIJING, China — Beijing is leveraging its role as host of this year’s Asia-Pacific Economic Cooperation (APEC) forum to revive momentum for a massive regional free trade zone, seeking to counter a global tide of protectionism and fragmented commerce. In a discussion paper released Friday,...
High energy prices and persistent geopolitical instability are poised to deepen the Philippines’ external imbalances, heightening depreciation risks for an already fragile peso, according to analysts at Dutch financial giant ING ING wrote in its latest report, published last Friday night, that it...
Megaworld Lifestyle Malls secured 16 awards at the 13th Annual Asia-Pacific Stevie Awards, including five Gold, four Silver, and seven Bronze distinctions, reinforcing its leadership in innovation, storytelling, and experience-driven retail across its townships. The Asia Pacific Stevie Awards...
Monetary authorities in the Philippines and Vietnam are seen leading the hawkish camp in tightening policy as consumer prices in the Philippines risk absorbing sustained elevated costs arising from the Middle East conflict. “Should energy prices remain elevated, the Philippines and Vietnam are...
BEIJING, China — China is projected to surpass the United States (US) as the world’s largest economy as early as 2030, insulated from Middle East volatility and American protectionism by long-term strategic planning, according to a leading foreign policy expert. Qu Bo, dean of the School of...
Passenger demand across the Asia-Pacific region remained robust through February, but the outlook for the coming months is clouded by uncertainty as rising fuel prices and airspace restrictions cast doubt on air travel. Data from the Association of Asia-Pacific Airlines (AAPA) showed that passenger...
Asia-Pacific economies, including the Philippines, are highly vulnerable to a protracted conflict in the Middle East, as sustained spikes in energy prices and broader disruptions threaten to slow growth and accelerate inflation, according to the Asian Development Bank (ADB). In a brief titled...