The peso tumbled to a fresh record low on Friday, March 27, breaching the 60.5-level as geopolitical tensions in the Middle East intensified and the central bank signaled it sees no immediate need to defend the currency. The peso weakened to ₱60.55 per dollar, surpassing the previous historic low...
State-owned Development Bank of the Philippines (DBP) signed a ₱2-billion loan agreement with the City of Kabankalan to fund infrastructure and disaster resiliency projects, marking a significant escalation in state-backed efforts to combat chronic flooding in the Negros Occidental region. In a...
The Philippines’ goods trade with the rest of the world grew faster in February, ahead of the conflict in the Middle East posing a threat to the country’s exports. The latest preliminary Philippine Statistics Authority (PSA) data on Friday, March 27, showed that total external trade rose 10.7...
The Automobile Association of the Philippines (AAP), the Philippines ' official sanctioning body for all automobile-related motorsports, said it is pausing all sanctioned motorsports events until further notice. In its announcement, the AAP cited President Ferdinand Bongbong Marcos Jr...
Business groups expect the full implementation of the law suspending or reducing excise taxes on petroleum products to cushion the impact of rising prices on the operations of businesses across the country. In a statement, the Philippine Exporters Confederation Inc. (Philexport) said it welcomes...
It comes as a bit of a surprise that Jack Ma, founder of Alibaba—China’s largest private company—names Southeast Asia, rather than China, as the world’s next global economic juggernaut. Ma recently returned to Alibaba following years of Chinese government crackdowns on major tech firms that...
Senate President Vicente "Tito" Sotto III said on Wednesday, March 25, that all senators are expected to respond to any special session that President Marcos may call amid the oil crisis caused by the Middle East conflict. "I will if needed. Not at the moment but I’m sure they are aware of...
President Marcos’ declaration of a state of national energy emergency was a timely preemptive strike against volatile global crude markets rather than a delayed reaction, according to private sector economists, who warned that Filipino consumers must still prepare for a prolonged period of...
The Real Estate Brokers Association of the Philippines, Inc. (REBAP), together with the REBAP-Quezon City Chapter, proudly presents the REBAP Real Estate Fair 2026 on March 27, 2026 at Risen Garden, Quezon City Hall. Registration begins at 7 a.m. This dynamic fair is designed to bring together...
The Real Estate Brokers Association of the Philippines, Inc. (REBAP), in partnership with the REBAP-Quezon City Chapter, proudly announces its first National General Membership Meeting on March 28, 2026, under the theme, “Bridges of Innovation: Building Impact Through Tradition and Technology."...
For the first time in the four-decade-old history of the Balikatan Exercises, Japanese troops will participate in the most prominent drills between the Armed Forces of the Philippines (AFP) and United States military, signaling a significant shift in the country’s defense partnership with allies...
There is likely a whole encyclopedia and countless books written about business. However, as a quick guide and reminder, simply think of the ABCs: Awareness, Buffer, and Continuity. Awareness means knowing the environment in which you operate. This includes your customers, competitors, the...