Expectations of further cuts in key borrowing costs as early as this month have grown stronger, driven by last month’s nearly six-year low inflation and lingering economic threats from United States (US) tariffs. Following the below one-percent headline print in July, private-sector economists...
The local agriculture industry may soon see stronger trade ties with Canada, as its agriculture and agri-food minister expressed confidence in deepening the North American country ’s trade relationship with the Philippines. Despite tariff uncertainties in the United States (US), Heath...
Starting Aug. 20, a new visa program could require some travelers to pay a deposit of up to $15,000 for a business or tourist visa. It comes as an effort to dissuade travelers from overstaying and to bar entry from countries where screening travel requirements seem dubious. How will this affect...
A 28-year-old Filipino, who is a permanent resident in the United States, was arrested for allegedly sending money to the Islamic State of Iraq and Syria (ISIS), a designated foreign terrorist organization, and is facing a possible maximum sentence of 20 years in prison. Identified as Mark Lorenzo...
The Philippine economy and its export industry will see no decline in output and exports from the direct impact of the 19-percent tariffs threatened by the United States (US), according to a study by De La Salle University (DLSU) economists. In a recently published policy brief titled “The tariff...
The Philippine Economic Zone Authority (PEZA) is capitalizing on the threatened 19 percent United States (US). tariff rate on Philippine goods, presenting it as a key incentive to draw in much-needed Japanese investments amid their recent decline. The Philippines is set to face a 19 percent...
After performing among the worst of Asian currencies last week, the Philippine peso is still expected by Japanese financial giant MUFG Bank Ltd. to gradually appreciate and return to the ₱56:$1 level next year. “All Asian currencies depreciated against the United States (US) dollar [last] week,...
The Philippines and United States held a joint simulation exercise on humanitarian assistance and disaster relief operations (HADR) to improve their interoperability in transporting calamity aid to communities when a disaster strikes. Department of National Defense (DND) Secretary Gilberto Teodoro...
Alex Eala has been ruled out of the Cincinnati Open after suffering a shoulder injury, the Women’s Tennis Association (WTA) announced on its website Wednesday, July 30. The 20-year-old Eala, who is set for her much-awaited US Open main draw debut in late August, reportedly sustained an injury...
The Philippines will commit to addressing non-tariff barriers on imports from the United States (US) as part of a reciprocal trade agreement that will see Manila pay a tariff rate of 19 percent on its US-bound goods. Similar to reciprocal trade deals the US has so far announced, Department of Trade...
Philippine goods exports climbed 13.2 percent year-on-year to a record $41.24 billion in the first six months of 2025 as exporters front-loaded shipments ahead of the 19-percent tariff to be imposed by the United States (US), the country’s top export market. National Statistician Claire Dennis S....
The Philippine Air Force (PAF) and United States Marine Corps (USMC) transported relief assistance to the island of Batanes on Tuesday, July 29, in the aftermath of the successive storms and enhanced southwest monsoon (habagat) that affected the country. Department of National Defense (DND)...
