The World Bank will finance a United Nations (UN)-led project in the Philippines aimed at reintegrating former rebels belonging to the Moro Islamic Liberation Front (MILF). Documents showed that the Washington-based multilateral lender’s board is expected to approve on Aug. 29, 2025, the UN...
The Philippines expressed concern over the “developments” in the Middle East as the United States blasted three Iranian nuclear sites, urging the concerned parties to avoid further escalation of the conflict. “The Philippines is greatly concerned over the developments in the Middle East in...
For the first time, Vice President Sara Duterte gave her insight on the ongoing territorial conflict between the Philippines and China over the resource-rich West Philippine Sea, warning the Philippines against taking sides in the United States-China conflict and advising it instead to “force the...
There are no reports yet of Filipinos injured in the Iranian nuclear sites earlier bombed by the United States, Department of Foreign Affairs (DFA) Assistant Secretary Robert Ferrer of the Office of Migrant Affairs said on Sunday, June 22. “Wala po akong information kung may Filipinos doon (I...
The United Kingdom (UK) is reaffirming its strong commitment to free trade by expanding bilateral trade with the Philippines through a more robust trade preference scheme in the export market and other growth-driving sectors. Last year, total trade in goods and services between the UK and the...
UNITED NATIONS (AP) — Violence against children caught in multiple and escalating conflicts reached unprecedented levels last year, with the highest number of violations in Gaza and the West Bank, Congo, Somalia, Nigeria and Haiti, according to a United Nations report released late Thursday....
While the Bangko Sentral ng Pilipinas (BSP) sees no need just yet to defend the Philippine peso amid global oil price risks, the plunging local currency may push monetary authorities into more cautious policy easing moving forward, economists said. Japanese financial giant MUFG Bank Ltd. said that...
The Philippines posted a substantial increase in net inflows of foreign direct investments (FDIs) last year, even as it held on to the sixth spot among Association of Southeast Asian Nations (ASEAN) members for the fourth consecutive year, according to the United Nations Conference on Trade and...
Malacañang said that President Marcos is open to studying a recommendation from a United Nations special rapporteur for the Philippines to ratify a key human rights treaty against enforced disappearances. Communications Undersecretary Claire Castro said this after UN Special Rapporteur Irene Khan...
The Philippines is expected to import less wheat in the upcoming market year as demand for animal feed weakens, reversing an initial forecast of increased uptake, according to the United States Department of Agriculture (USDA). In its “Grain: World Markets and Trade report, the USDA’s Foreign...
Singapore-based United Overseas Bank (UOB) has downgraded its 2025 economic growth forecast for the Philippines amid global trade uncertainties, which, in turn, bolstered its expectations of further interest rate cuts. In its new quarterly global outlook report for the third quarter of 2025,...
Even as the Philippine peso depreciated against the United States (US) dollar at a pace that was among the worst among emerging market (EM) currencies last week, the Bangko Sentral ng Pilipinas (BSP) is still expected to cut interest rates this week. Data from the Bankers Association of the...
