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...
UNITED NATIONS (AP) — The U.N. General Assembly on Wednesday adopted a resolution declaring the trafficking of enslaved Africans “the gravest crime against humanity” and calling for reparations as “a concrete step towards remedying historical wrongs.” The resolution also urges “the...
The De La Salle Model United Nations (DLSMUN) is set to initiate its 12th annual conference on April 23-25 at De La Salle University-Manila. For 12 years, DLSMUN)conference has become one of the largest, premier intercollegiate model United Nations conferences in the Philippines. The conference has...
President Marcos has concluded his working visit in New York, which he described as "very productive" after engaging with the United Nations (UN) to call for peace amidst tensions in the Middle East and campaign for the Philippines ' bid for a seat at the UN Security Council. Marcos and his...
President Marcos has addressed the United Nations General Assembly (UNGA) to campaign for the Philippines ' bid for a non-permanent seat at the UN Security Council, stressing that the country "is ready to be part of the solution." In his special address to the UNGA before concluding his...
Overcoming great challenges will not be possible if half of humanity is excluded from shaping solutions. This was what President Marcos told world leaders during the 70th session of the United Nations Commission on the Status of Women, emphasizing that women must be present where decisions are...
Malacañang has defended President Marcos’ push for the Philippines to secure a seat on the United Nations Security Council (UNSC), saying the country would have the opportunity to participate in decision-making on international peace and security. Palace Press Officer and Communications...
President Marcos will use his upcoming visit to the United Nations (UN) in New York to call for peace in the Middle East and the protection of civilians, the Department of Foreign Affairs (DFA) said. Speaking in a pre-departure briefing on Friday, March 6, DFA spokesperson Assistant Secretary...
