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...
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...
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...
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 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...
While other countries still hesitate when it comes to nuclear energy, the Philippines is one of the two countries in the ASEAN region that is a frontrunner in nuclear integration. In a recent report from Fitch Solutions’ unit, BMI, the Philippines and Vietnam are considered the only two nations...
Top-ranking agriculture officials of the Association of Southeast Asian Nations (ASEAN) have agreed to strengthen trade within the region, as most of the bloc’s members are still awaiting progress on their respective deals with the United States (US) concerning reciprocal tariffs. This agreement...
The agricultural ministers of the Association of Southeast Asian Nations (ASEAN) are looking to secure additional exemptions on certain agricultural products facing reciprocal tariffs from the United States (US), according to Agriculture Secretary Francisco Tiu Laurel. Tiu Laurel, appointed as...
Department of Trade and Industry (DTI) Secretary Cristina Roque has assumed the chairmanship of a ministerial body under the Association of Southeast Asian Nations (ASEAN) for next year, tasked with promoting economic integration within the 10-member bloc. Roque was officially handed the chairship...
Businesses and industry leaders should actively speak out against the increasing problem of illicit trade in the Philippines and throughout Southeast Asia, according to legal experts and participants at a recent forum. The forum on combating illicit trade, organized by the Financial Times in...
