After experiencing a three-day appreciation streak against the United States (US) dollar, the Philippine peso weakened again by shedding almost half-a-peso on Friday, July 25, despite the fresh market optimism over the latest trade deal with the US. According to the Bankers Association of the...
The Federation of Free Farmers (FFF) has called on the government to fully disclose the details of its recent tariff negotiations with the United States (US) due to conflicting statements and widespread speculation. In a statement on Friday, July 25, Raul Montemayor, FFF national manager, said...
THE HAGUE, Netherlands (AP) — The United Nations ' top court in a landmark advisory opinion Wednesday said countries could be in violation of international law if they fail to take measures to protect the planet from climate change, and nations harmed by its effects could be entitled to...
The Philippines will get a P3 billion ($60 million) foreign assistance funding from the United States, becoming the first country to receive foreign aid since US President Donald Trump took office earlier this year. This was announced by the US State Department after President Marcos’ meeting...
The United Nations Conference on Trade and Development (UNCTAD) is urging developing economies to reduce their dependence on the export of key commodities, citing the potential of those with a more diversified economic mix like the Philippines to nurture sustainable growth. Based on its 2025 State...
Nothing favorable will be said about her father during President Marcos’ meeting with United States President Donald Trump, Vice President Sara Duterte said on Tuesday, July 22. Instead, she expects that “unfavorable” things will be said about former president Rodrigo Duterte, who is...
President Marcos and high-ranking officials of the United States reaffirmed their shared commitment to advance deterrence in the Indo-Pacific region and to maintain peace, stability, and freedom of navigation in a region critical to global trade. The Chief Executive met with US Defense Secretary...
Citing still favorable inflation data, President Marcos’ chief economic manager said the Bangko Sentral ng Pilipinas (BSP) could proceed with delivering two quarter-point cuts in the key interest rate by year-end even if the United States (US) Federal Reserve (Fed) decides to pause its easing...
The Philippines will benefit from the “personal connection” between President Marcos and United States President Donald Trump as it is clear the US leader values his friendship with the Marcoses, Philippine Ambassador to Washington Jose Manuel “Babe” Romualdez said. In a press conference...
The meeting between President Marcos and United States President Donald Trump will reaffirm the long-standing allies’ defense ties, building on the decades-old Mutual Defense Treaty (MDT), Philippine Ambassador to Washington Jose Manuel “Babe” Romualdez said. During a press conference on...
The Philippines stands to benefit from higher connectivity that meets the demands of artificial intelligence (AI) as a regional consortium of telco players, including Globe Telecom Inc., plots course for a new submarine cable system. In a statement, Globe said it is representing the Philippines in...
Vice President Sara Duterte is hopeful that the government can mitigate the impact of the 20 percent tariff rate that the United States will impose on Philippine goods starting next month. She said this during a chance interview outside the detention facility in The Hague, Netherlands, where she...
