Foreign ministers of the Association of Southeast Asian Nations (ASEAN) on Monday, April 13, urged sustained diplomacy and restraint following recent developments in the Middle East, while welcoming a temporary ceasefire between the United States and Iran. Department of Foreign Affairs (DFA)...
As tensions in the Middle East, Ukraine, and many parts of the world persist, the Philippines took the lead in advancing regional peace efforts as it chaired the 18th meeting of the advisory board of the Association of Southeast Asian Nations (ASEAN) Institute for Peace and Reconciliation (IPR) at...
Mags Cue, Miss Universe Philippines Vice President for Global and National Search, isn’t staying quiet — and she’s not backing down either. The pageant powerhouse finally spoke out after her son, pageant king John Andre, was thrust into the spotlight as one of the latest victims of a leaked...
The ceasefire-driven rally of Asian currencies, including the Philippine peso, may be short-lived as global oil risks linger, according to Singapore-based Oversea-Chinese Banking Corp. Ltd. (OCBC). In an April 9 report, OCBC Group Research foreign exchange (FX) strategists Sim Moh Siong and...
The Philippines will work closely with the Holy See to implement the Global Compact for Safe, Orderly and Regular Migration (GCM), President Marcos said. Marcos made the commitment during his remarks at the commemoration of the 75th anniversary of Philippines-Holy See Diplomatic relations on...
The Department of Foreign Affairs (DFA) on Wednesday, April 8, said the Philippine government has expressed “cautious optimism” over the planned peace talks between the United States and Iran, which will be facilitated by Pakistan. In a statement, the DFA said it is hopeful that the...
If the war in the Middle East prolongs and global oil prices continue to skyrocket, the Philippine peso could breach the ₱61:$1 level in the second quarter of 2026 and even hit as low as ₱62 to ₱64 against the United States (US) dollar. “Our base case forecasts for the US dollar-Philippine...
Philippine manufacturing growth slowed in March as input prices spiked amid rising energy costs tied to the war in the Middle East. In a report on Wednesday, April 1, S&P Global said the Philippines ’ purchasing managers’ index (PMI) eased to 51.3 last month from 54.6 in February, signaling a...
Investors’ risk-off sentiment amid rising oil prices continued to lift the United States (US) dollar, while the Philippine peso remained on the losing end, plummeting anew to a level approaching the ₱61-per-dollar mark. The peso fell to another record low against the US dollar for the third...
GO2Meds, a Philippine pharmaceutical retailer, entered into a partnership with Global SME Loans Inc. to provide financing and operational support for the expansion of community pharmacies across the archipelago. The collaboration aims to address the rising demand for affordable maintenance...
GT Capital Holdings Inc., the Ty family’s flagship investment firm, has infused ₱9.16 billion into its wholly owned property subsidiary Federal Land Inc. through the acquisition of a 20-percent stake in the unit’s joint venture (JV) with Nomura Real Estate Development Co. Ltd. (NRE). In a...
The Philippines joined 33 other economies in calling for the much-needed revival of the trade dispute settlement system within the World Trade Organization (WTO), in a bid to uphold rules-based stability amid deep uncertainty for global trade. In a joint statement over the weekend, member economies...
