Japanese financial giant MUFG Bank Ltd. revealed that the Philippine peso has emerged as the worst-performing currency in Asia since the flare-up of deepening military tensions between the United States (US) and Iran. According to data monitored by MUFG covering 11 Asian currencies, the peso has...
Shang Properties (SPI) once again demonstrated its leadership in luxury real estate as it earned international recognition at the recently concluded Asia Pacific Property Awards 2026–2027, held last May 6 and 7, 2026 at the Bangkok Marriott Marquis Queen’s Park in Bangkok, Thailand. The...
In a major win, the Nautilus at CaSoBe (Calatagan South Beach) recently scored four top honors: Five Stars in Architecture for Multiple Residences, Five Stars in Leisure Architecture, Five Stars in Sustainable Residential Development, and Five Stars in Leisure Development at the 2026–2027...
The Philippine central bank faces an intensifying divide among private-sector economists over the trajectory of borrowing costs, with a lone dissenting voice branding recent monetary tightening as “misguided” following the sharp slowdown in economic output. While a majority of analysts maintain...
The Bangko Sentral ng Pilipinas (BSP) is facing mounting pressure to deliver a more aggressive interest rate hike or a rare off-cycle move after inflation surged to a three-year high in April. British banking giant Barclays is now pricing in three consecutive 25-basis-point increases, which would...
Signs of stagflation are surfacing in the Philippine economy as it enters the second quarter of 2026, with private sector economists warning of a precarious mix of stalled growth and surging consumer prices. The country’s economic output likely posted only a tepid recovery from the previous...
BEIJING — China is stepping up its push to harmonize the Asia-Pacific’s two largest trade blocs, seeking to bridge the gap between competing frameworks to finally realize a long-delayed vision for a unified regional free trade zone. As the current chair of the Asia-Pacific Economic Cooperation...
The APEC Business Advisory Council (ABAC) has urged Asia-Pacific governments to take immediate and coordinated action to address mounting economic pressures, including trade fragmentation, energy market shocks, and persistent supply chain disruptions, warning that business confidence across the...
BEIJING, China — The trade relationship between two of the world’s largest economies is expected to expand significantly in the near term as China looks to secure bilateral commitments with the United States (US) at the upcoming Asia-Pacific Economic Cooperation (APEC) Summit. Ambassador Chen...
BEIJING, China — The Asia-Pacific Economic Cooperation (APEC) Summit this year is expected to help settle differences between the economic powerhouses of China and the United States (US), as the regional bloc works to affirm an open trade policy, according to China National Committee for Pacific...
BEIJING, China — Beijing is leveraging its role as host of this year’s Asia-Pacific Economic Cooperation (APEC) forum to revive momentum for a massive regional free trade zone, seeking to counter a global tide of protectionism and fragmented commerce. In a discussion paper released Friday,...
High energy prices and persistent geopolitical instability are poised to deepen the Philippines’ external imbalances, heightening depreciation risks for an already fragile peso, according to analysts at Dutch financial giant ING ING wrote in its latest report, published last Friday night, that it...
