Lower-income households will need to cough up an additional ₱490 in monthly rice spending due to higher fertilizer prices and their impact on retail prices, according to the Congressional Policy and Budget Research Department (CPBRD). Under a conservative lower-bound scenario, the House of...
The government is expected to generate significantly higher revenues from imported non-agricultural fertilizer products this year as global fertilizer prices surge due to the ongoing Middle East crisis. Citing Bureau of Customs (BOC) data, think tank Congressional Policy and Budget Research...
The Armed Forces of the Philippines (AFP) said strong public backing for the country’s position in the West Philippine Sea (WPS) has strengthened its resolve to resist “coercive and illegal actions” by China in the country’s waters. AFP spokesperson for the WPS, retired admiral Roy Vincent...
The research arm of German lender Deutsche Bank expects the Bangko Sentral ng Pilipinas (BSP) to deliver bigger interest rate hikes than previously anticipated as inflation risks intensify, while also lowering its economic growth forecasts for the Philippines amid mounting external pressures and...
The inflation-targeting Bangko Sentral ng Pilipinas (BSP) is expected to continue raising interest rates to contain surging inflation despite the risk of slower economic growth. In a May 22 report, Japanese financial giant MUFG Bank Ltd. said the Philippines is facing one of the most severe...
The National Maritime Council (NMC) flagged the presence of Chinese maritime surveillance research vessels in three areas off Luzon, particularly those allegedly conducting scientific research near Pag-asa Cay. "Kinokondena ng National Maritime Council ang presensya ng mga MSR vessels na ito...
The Armed Forces of the Philippines (AFP) on Tuesday, May 19, welcomed the latest survey results conducted by an independent polling firm which showed that it remains among the country’s most trusted government institutions in the first quarter of 2026 amid its transition from internal security...
The Philippine peso plummeted again to a new historic low, brushing the whiskers of the ₱62:$1 level on the back of strong demand for the safe-haven United States (US) dollar and a local market that has turned more sensitive to uncertainties. The peso started the week at a new record low against...
The Philippine Coast Guard (PCG) said it drove away a Chinese research vessel that had been allegedly conducting “unauthorized” marine scientific research (MSR) near cays within the territorial sea of Pag-asa (Thitu) Island in the West Philippine Sea (WPS). In a statement on Sunday night, May...
The peso’s descent to unprecedented lows is facing a volatile new headwind, with MUFG Bank Ltd. warning that an escalating political feud between the nation’s two most powerful dynasties threatens to upend investor confidence. The Japanese financial institution said that the deepening rift...
Makabayan lawmaker Kabataan Party-list Rep. Renee Co believes that even so-called DDS or Duterte diehard supporters want Vice President Sara Duterte 's Senate impeachment trial to push through. Speaking during the May 16 Saturday News Forum at Dapo Restaurant in Quezon City, Co based her claim...
Four Asian economies—India, Indonesia, Taiwan, and Vietnam—are expected to outpace Philippine economic growth this year, as the country’s expansion remains muted amid pressures from overheating inflation, rising unemployment, and slowing remittances. American financial giant Goldman Sachs...
