The Italian Republic 1946-2026 June 2, 1946, was a watershed day in Italian history. After the end of World War II and the demise of the Fascist dictatorship, free elections were held. Women were called to the polls for the first time. The choice made on that date to dismiss the monarchy and adopt...
Relying solely on the Bangko Sentral ng Pilipinas’ (BSP) interest rate hikes will likely provide limited support for the Philippine peso, which remains on the verge of another historic low amid elevated oil prices, a stronger United States (US) dollar, and cautious market risk appetite, according...
The Philippine peso plummeted again to a new historic low, brushing the whiskers of the ₱62:$1 level on the back of strong demand for the safe-haven United States (US) dollar and a local market that has turned more sensitive to uncertainties. The peso started the week at a new record low against...
Foreign investment approvals by the country’s investment promotion agencies (IPAs) surged by more than half in the first quarter of 2026, although overall approved investments—including Filipino-led projects—declined sharply during the period, according to the Philippine Statistics Authority...
Net inflows of brick-and-mortar foreign direct investments (FDIs) in the Philippines shrank by over a third to $1.03 billion in the first two months of 2026 from the $1.58 billion recorded during the same period in 2025. The contraction, which came even before uncertainties tied to the Middle East...
While the Bangko Sentral ng Pilipinas (BSP) is seen raising key borrowing costs by up to 100 basis points (bps) more should inflation worsen, MUFG Bank Ltd. warned that such hawkish adjustments may not be enough to prop up the underperforming peso. According to the Japanese financial giant, the...
Vice President Sara Duterte criticized what she described as the government’s “lack of direction” as many Filipinos continue to struggle with poverty, unemployment, and rising economic uncertainty. In a video interview released by the Office of the Vice President (OVP) on Thursday, May 7,...
Despite being absent from Senate sessions since November 2025 and a pending ethics complaint, Senator Ronald "Bato" dela Rosa has managed to file two bills, including a measure that seeks to penalize foreign interference in the Philippines with life imprisonment. Dela Rosa has yet to make a...
Vice President Sara Duterte questioned why President Ferdinand Marcos Jr. won the 2022 elections, accusing him of “lying” to Filipinos about his capabilities and plans for the country amid what she described as worsening economic conditions under the current administration. Speaking before...
The Philippines marked a symbolic moment in its upcoming ASEAN chairship with the unveiling and formal turnover of a commemorative sculpture at the ASEAN Secretariat in Jakarta on April 22. Secretary of Foreign Affairs Ma. Theresa P. Lazaro, in her capacity as Chair of ASEAN 2026, led the ceremony,...
The peso is at risk of crumbling to a record low of ₱63 against the United States (US) dollar if a protracted Middle East conflict drives oil prices higher and forces Washington to adopt a more hawkish policy stance. Estimates by the Japanese financial giant MUFG Bank Ltd. show that in a risk...
Real investment activity in the Philippines risks shrinking during periods of global disruption, especially in scenarios where the United States (US) dollar swings wildly and uncertainty surrounding the American economy intensifies. “Investment declines most sharply when dollar strength and...
