The Department of Agriculture–Bureau of Plant Industry (DA-BPI) and Mitsui & Co. (Asia Pacific) Pte. Ltd. Manila Branch signed a Memorandum of Understanding (MOU) on July 29, 2026, to launch a research collaboration on an innovative crop protection technology for the Philippine mango industry....
Private-sector economists are divided over the trajectory of Philippine inflation in July, though they broadly agree that lingering climate risks, geopolitical tensions, and a weaker peso will compel the central bank to keep interest rates elevated. Forecasts for July headline consumer prices span...
Airlines in the Asia-Pacific region recorded a nearly 70 percent surge in net profits in 2025 amid sustained demand for air travel, providing carriers with financial cushion to manage rising operational expenses this year. In its latest report, the Association of Asia Pacific Airlines (AAPA) noted...
The country’s economic recovery and its currency face prolonged pressure as escalating political instability from the Senate impeachment trial of Vice President Sara Duterte risks stalling economic reforms, according to Dutch financial giant ING. Deepali Bhargava, ING’s regional head of...
Manila remained the cheapest city in Asia-Pacific for the wealthy to maintain a luxury lifestyle in 2026, even as the cost of living well surged worldwide amid sharp currency swings and higher prices of premium goods. In its Global Wealth and Lifestyle Report 2026 published last Tuesday, July 7,...
Filipino consumers are falling behind their Asian neighbors in bouncing back from the Covid-19 pandemic as low-paying jobs, shrinking savings, and slowing remittances hit household spending. According to a report by Dutch bank ING, while shoppers in India and Japan have resumed pre-pandemic...
Airlines based in the Asia-Pacific region maintained positive momentum in passenger traffic during the first five months of 2026 despite reduced flight schedules beginning to take their toll, according to the Kuala Lumpur-based Association of Asia Pacific Airlines (AAPA). The latest preliminary...
Persistent price pressures are expected to keep the Bangko Sentral ng Pilipinas (BSP) on alert, but foreign observers are now urging a more dovish stance, including a potential year-long pause, following the central bank 's “restrained” rate hike to 4.75 percent. British banking giant...
Stubborn inflation is forcing the Bangko Sentral ng Pilipinas (BSP) to seriously consider higher borrowing costs, a move that threatens to worsen the sharp economic slowdown already hitting the country. Since the BSP delivered a quarter-point hike to 4.5 percent in April, calls for further...
Forty-two volunteers were safely rescued after a yacht carrying them and the relief supplies caught fire while on its way to deliver aid to earthquake-hit communities in Southern Mindanao on Friday. Video footage posted on the official social media page of the Adventists Southern Asia-Pacific...
The Asian Development Bank (ADB) is mobilizing $4 billion in financing to help its developing member countries (DMCs) cope with the economic fallout from the ongoing war in the Middle East, with the Philippines among those seeking assistance as higher fuel, food, fertilizer, and freight costs...
Passenger traffic in the Asia-Pacific region expanded by five percent in the first four months of the year to more than 130 million compared to a year ago, driven by sustained demand for longer-haul routes despite costlier plane tickets. Based on preliminary data from the Association of...
