Investors’ risk-off sentiment amid rising oil prices continued to lift the United States (US) dollar, while the Philippine peso remained on the losing end, plummeting anew to a level approaching the ₱61-per-dollar mark. The peso fell to another record low against the US dollar for the third...
Intellectual property (IP) filings in the Philippines reached a record high in 2025, signaling stronger innovation activity driven by growth in patents, utility models, and industrial designs, according to the Intellectual Property Office of the Philippines (IPOPHL). In a statement on Tuesday,...
We have seen this pattern before. A crisis hits, and at first, people freeze. Then slowly, almost quietly, behavior starts to shift. What feels temporary begins to leave permanent marks. We saw it during the pandemic; we are seeing it again now with rising oil prices. The current oil shock is about...
Dividend remittances of government-owned and/or -controlled corporations (GOCCs) fell 17.2 percent to ₱114.6 billion in 2025, driven by a sharp contraction in the Bangko Sentral ng Pilipinas’ (BSP) remittance after leading in two consecutive years. The latest data from the Bureau of the...
The peso tumbled to a fresh record low on Monday, March 30, extending the persistent slide as regional risk aversion and energy-related vulnerabilities weighed on the currency. The peso depreciated by 14 centavos to close at ₱60.69 against the United States (US) dollar, surpassing the previous...
Philippines’ most influential business coalitions pledged on Monday, March 30, to ramp up investments in renewable energy and implement aggressive conservation measures as the government scrambles to insulate the economy from the global oil shock triggered by escalating Middle East hostilities....
The global oil price and supply shock caused by the war in the Middle East may reverse early 2026 gains by Philippine exporters, according to think tank Oxford Economics. In a report on Monday, March 30, Oxford Economics senior economist Sheana Yue said that while Asian goods exports started 2026...
The Civil Aviation Authority of the Philippines (CAAP) has placed all 42 regional airports under its management on heightened alert for the Holy Week travel period as the agency prepares for a nearly nine percent surge in passenger traffic. In a statement, CAAP said it expects passenger volume for...
China has claimed that a Philippine ship deliberately made a dangerous turn in the waters off the Spratly Islands in an action that Filipino officials reported to be rather intentionally caused by Chinese personnel. Zhai Shichen, spokesman for China 's People 's Liberation Army (PLA)...
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...
