Despite an expected onslaught of typhoons in the third quarter, the Philippine Statistics Authority (PSA) anticipates that consumer prices, particularly for rice, will continue to decline, but weather disturbances are expected to drive up vegetable costs. “Certain items, such as vegetables, are...
Senator Francis "Kiko" Pangilinan said the reported outcome of the Philippine-United States trade deal that would impose a zero tariff rate for US goods entering the Philippines will have a negative impact on the country’s agricultural production and the livelihoods of farmers and fisherfolk. ...
The Ayala Group reported that the parent company and four of its main subsidiaries have once again made it to the prestigious FTSE4Good Index Series due to their sound environmental, social and governance (ESG) practices. In a statement, the conglomerate said inclusion in the index strengthens the...
Central banks in Southeast Asia, where economies like the Philippines export a wide array of goods to the United States (US), are expected to cut interest rates some more as tariffs take effect next month, according to the think tank Capital Economics. In a July 23 report, Capital Economics senior...
Despite tensed maritime issues between the two countries, the Philippines and China continue their cooperation on law enforcement, people-to-people exchanges, and safety and welfare of their citizens. The two sides held the 9th Joint Consular Consultation in Beijing on July 22, six years since the...
The Philippine Stock Exchange index (PSEi) surged on Wednesday, July 23, after the government secured a minimal reduction in United States (US) tariffs and amid hints of further local interest rate cuts. The main index jumped 106.56 points, or 1.68 percent, to close at 6,462.25, led by a strong...
Local think tank The Fourth Wall revealed that its recent study suggests that better regulations—not an outright ban—of the online gambling sector are needed to create a safer playing environment and prevent the proliferation of unregulated gambling platforms. The latest study by the...
The Philippine peso continued its gains against the US dollar as the foreign exchange (forex) market celebrated the latest trade deal between the trade giant US and the Philippines, with investors optimistic that the worst of the tariffs may have passed. Data from the Bankers Association of the...
KIDAPAWAN CITY – Officials in Cotabato province are upbeat on the proposed Philippine Science High School (PSHS) campus in the town of Carmen. Gov. Emmylou Taliño-Mendoza lauded the Department of Science and Technology (DOST) Region-12 for its initiative to build the campus, saying this could...
Amid trade tensions between Washington and Beijing, China is increasing exports to emerging markets (EMs) like the Philippines, to reroute shipments to the United States (US), think tanks said. “US tariffs appear to have given renewed impetus to Chinese producers’ efforts to export to EMs,...
The United Nations Conference on Trade and Development (UNCTAD) is urging developing economies to reduce their dependence on the export of key commodities, citing the potential of those with a more diversified economic mix like the Philippines to nurture sustainable growth. Based on its 2025 State...
In a remarkable turnaround that defies national trends, the town of Norzagaray in Bulacan has emerged as a national model in the fight against illiteracy. Cited by both the Department of Education (DepEd) and the Second Congressional Commission on Education (EDCOM 2), Norzagaray’s targeted...
