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,...
The Philippines, through the Department of Foreign Affairs (DFA), on Wednesday, July 8, called on concerned parties to exercise restraint and promote transparency after China launched an unarmed ballistic missile from a submarine into the Pacific Ocean during a military exercise. In a statement,...
AirAsia MOVE, the booking arm of regional budget carrier AirAsia, has been ordered to stop offering Cebu Pacific’s plane tickets by a Malaysian court after it was found that the platform had been selling flights without authorization. In a disclosure on Tuesday, July 7, Cebu Pacific said it had...
China 's test launch of a submarine-fired strategic missile into the Pacific Ocean has drawn strong criticism from the Department of National (DND) and Armed Forces of the Philippines (AFP) days before the country marks the 10th anniversary of its landmark arbitral victory against Beijing in...
Po-led food and beverage producer Century Pacific Foods Inc. (CNPF) expects to post double-digit growth in both sales and profits this year despite challenges stemming from the conflict in the Middle East. “It’s been a quite challenging second quarter, but we are still seeing double-digit...
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...
The Philippines scored below the regional average in the World Bank’s latest Human Capital Index Plus (HCI+), underscoring persistent gaps in health, education, and employment outcomes despite outperforming the average for lower-middle-income countries (LMICs). In an April 2026 human capital...
TOKYO, June 26 (Jiji Press) -- The 12 member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership decided Friday to begin preparatory talks with the Philippines, Indonesia, and the United Arab Emirates, a step toward launching accession negotiations. The decision...
Campos-led Del Monte Pacific Ltd. (DMPL) reported that its net profit surged sixfold to $48.4 million for its fiscal year (FY) ended April 30, 2026, from the $8 million earned in the previous FY as its United States (US) divestment begins to bear fruit. In a disclosure to the Philippine Stock...
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...
Cebu Pacific, the country’s largest carrier by passenger volume, posted a slight recovery in travel demand in May as plane ticket prices eased on the back of a declining passenger fuel surcharge. In a regulatory disclosure, Cebu Pacific reported that it carried 2.40 million passengers in the...
