Increasing trade protectionism and escalating geopolitical tensions may hinder economic growth in many emerging markets (EMs), such as the Philippines, according to S&P Global. “We expect rising trade protectionism among major economies to hurt GDP [gross domestic product] growth in most...
Given a relatively small exports advantage over America, the Philippines may escape US President-elect Donald J. Trump's tariffs threat and even boost its top export sector in case neighboring economies—especially China—are targeted by American trade and investment sanctions,...
NEW YORK (AP) — Bitcoin has topped the $100,000 mark as a massive rally in the world's most popular cryptocurrency sparked by the election of Donald Trump rolls on. The milestone comes just hours after the President-elect signaled a lighter regulatory approach to the crypto industry when he...
Compared to its targeted neighbors like China, the Philippines would be relatively unscathed by US President-elect Donald J. Trump's protectionist economic policies, according to the research arm of investment banking giant Deutsche Bank. However, Deutsche Bank Research economist Junjie Huang said...
President Donald Trump greets Canadian Prime Minister Justin Trudeau upon his arrival at the White House, June 20, 2019, in Washington. (AP Photo/Alex Brandon, File) TORONTO (AP) — Canada's ambassador to the United States said Sunday that Prime Minister Justin Trudeau was successful in...
President-elect Donald Trump (AP Photo/Evan Vucci) Camarines Sur 2nd district Rep. LRay Villafuerte is pushing the leadership of the Department of Trade and Industry (DTI) to “aggressively pursue” the renewal of the preferential duty-free status...
(MANILA BULLETIN) Economist-solon Albay 2nd district Rep. Joey Salceda has advised the Philippine government to "adapt" amid concerns that the peso slide against the United States (US) dollar would persist well into 2025. Incidentally, January...
The repercussions of US President-elect Donald J. Trump's protectionist trade and expansionary fiscal policies would slow the pace of interest rate cuts in emerging markets like the Philippines, according to Oxford Economics. In a report, Oxford Economics emerging markets economist Callee Davis...
The Department of Foreign Affairs (DFA) has described the congratulatory call from President Marcos received by United States President-elect Donald Trump as something that underscores the positive trajectory of momentum in the ties between the two nations. DFA in a statement Wednesday, Nov. 20,...
Asia-Pacific economies should keep free trade flowing despite looming challenges to be presented by the return of a protectionist Trump 2.0 administration in the US, according to the top economist of the Asian Development Bank (ADB). “We’re concerned—obviously, it’s probably going to be a...
President Marcos disclosed that he had a "very friendly" and "productive" call with United States President-elect Donald Trump, but bared that they did not talk about the situation of Filipino immigrants in America. Marcos said in an interview in Catanduanes on Tuesday, Nov. 19, that he was able to...
From left to right: La Union 1st district Rep. Paolo Ortega, former president Rodrigo Duterte, Zambales 1st district Rep. Jay Khonghun (Facebook) Pro-administration congressmen seemed uninterested with the idea of former president Rodrigo...
