Chinese imports to the Philippines and Philippine exports to the United States (US) surged in the first quarter, amid escalating trade tensions between Washington and Beijing that threaten to disrupt the global economy. The latest preliminary Philippine Statistics Authority (PSA) data on Wednesday,...
Vietnamese troops march during a parade to commemorate the 50th anniversary of the end of the Vietnam War in Ho Chi Minh City Wednesday, April 30, 2025. (AP Photo/Hau Dinh) HO CHI MINH CITY, Vietnam (AP) — Vietnam celebrated the end of the war with the United States and the formation of...
photo: PDEG Anti-narcotics agents of the Philippine National Police (PNP) seized around P75 million worth of shabu following the arrest of two people in a...
Amid a looming global trade war, the World Bank slashed its 2025 and 2026 growth forecasts for the Philippines to levels that would bring two-year economic expansion to their slowest pace post-pandemic. According to the Washington-based multilateral lender’s East Asia and Pacific Economic Update...
An abandoned car stands against the background of damaged buildings in central Pokrovsk, the site of the heaviest battles with the Russian troops in the Donetsk region, Ukraine, Wednesday, April 23, 2025. (AP Photo/Michael Shtekel) KYIV, Ukraine (AP) — President Donald Trump on Wednesday...
While the Philippines has made strides in reducing poverty, uncertainties wrought by the looming global trade war may reverse some gains, according to the World Bank. "Employment indicators suggest continued poverty reduction since 2023. The unemployment rate fell to 3.8 percent in 2024 (from 4.4...
Ukrainian President Volodymyr Zelenskyy speaks during a press conference in Kyiv, Ukraine, on Tuesday, April 22, 2025. (AP Photo/Evgeniy Maloletka) LONDON (AP) — Diplomats and defense chiefs from Britain, the U.S., European nations and Ukraine will meet in London on Wednesday to push for a...
The Philippines' economic growth would fall below expectations in the next two years as the threat of a global trade war intensifies, according to the International Monetary Fund (IMF). In its April 2025 World Economic Outlook (WEO) report, published on Tuesday night, April 22 (Philippine time),...
While the share of the Philippine government's budget deficit and debt to the economy are going down and "stabilizing," respectively, the ASEAN+3 Macroeconomic Research Office (AMRO) is urging fiscal authorities across the region to remain prudent in spending on public goods and services as a...
A pre-trial chamber of the International Criminal Court (ICC) has ruled that it would accept various types of government IDs for the relatives of the drug war victims who seek to participate in the proceedings against former president Rodrigo Duterte, who is facing charges of crimes against...
China’s Ambassador to the Philippines Huang Xilian (Photo by John Louie Abrina) Despite global economic shifts brought about by the imposition of tariffs by the United States, the Chinese government will remain steadfast in its commitment to multilateralism, free trade, and “win-win”...
The Philippines would be mildly impacted by the brewing global trade war started by United States (US) President Donald Trump and may even emerge as a "winner," according to the think tank Oxford Economics. "There are no absolute winners in a trade war, but some will fare relatively better than...
