Escalating tensions in the Middle East and the resulting spike in global oil prices could trigger broader economic disruptions in the Philippines, worsening inflation, weakening the peso, and raising costs across transportation, food, tourism, and other energy-intensive industries, according to...
Flag carrier Philippine Airlines (PAL) is adding more than 20 flight options for Filipinos traveling to Europe through its expanded partnership with Qatar Airways. In a statement, PAL said it has signed a fresh agreement with Qatar Airways to enhance its codeshare partnership in a bid to broaden...
The Philippine Stock Exchange index (PSEi) declined on Monday, May 18, as oil prices rose on fear that the United States (US) may resume its war in Iran after failing to break the deadlock in peace negotiations. The main index dropped 35.25 points, or 0.59 percent, to close at 5,941.52. Miners...
Planned initial public offering (IPO) of Mynt, the digital fintech heavyweight backed by Ayala Corp. and Alibaba affiliate Ant Group, will likely look past its initial July target as the company awaits a regulatory overhaul from local bourse officials. While the operator of the ubiquitous GCash...
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 Ladies Philippine Golf Tour resumes Tuesday, May 19, with the staging of the ICTSI Caliraya Springs Championship, featuring a loaded cast of leg winners, seasoned campaigners and rising stars all eager to make an early statement. Bannering the field are Yvon Bisera and Mafy Singson, both...
The Philippine Red Cross (PRC) said Monday, May 18, that it has received a new water tanker from the private sector, further expanding its emergency water delivery fleet to 31 units and strengthening its disaster response operations nationwide. The new tanker was turned over at the PRC National...
De La Salle University (DLSU) economists slashed their 2026 Philippine gross domestic product (GDP) growth forecast to 3.11 percent from 3.79 percent previously, warning that the economy is facing mounting pressure from the Middle East conflict, elevated inflation, and lingering domestic...
The Philippine Stock Exchange Inc. (PSE) reported a 49.9 percent surge in first-quarter net income, driven by the burst of trading activity at the start of the year and disciplined cost management. The local bourse said net income rose to ₱381.71 million in January to March 2026 from ₱254.67...
With the conclusion of the first-quarter earnings season, the local stock market is seen turning more bearish as investors take profits from recent gains, with sentiment dampened by the weaker peso, local politicking, and the unresolved Middle East conflict. “The local market has shown positive...
ZAMBOANGA CITY – Some P526-million worth of smuggled cigarettes were intercepted by the Philippine Navy in Western Mindanao in two separate operations last week. The first operation took place last Wednesday afternoon, May 13, when Navy personnel observed a suspicious vessel loaded with cargo....
The Philippine Army (PA) said it was stepping deeper into drone warfare training, warning that future conflicts will be shaped by technology and forces that fail to adjust risk being left behind. This was stressed by Major General Ramon Zagala, commander of the 2nd Infantry Division (2ID), during...
