News
PH stocks flat as investors stay cautious, eye US-Iran peace talks
1+ day, 16+ hour ago (236+ words) Local equities closed relatively flat Thursday as investors remained cautious while awaiting developments regarding peace talks between the United States and Iran. The benchmark Philippine Stock Exchange Index (PSEi) inched up 0. 34 points, or 0. 01 percent, to close at 6, 063. 69. The broader all…...
Marcos stresses subsidies to stabilize vegetable supply
14+ hour ago (1191+ words) The Marcos administration has rolled out a multibillion-peso package of loans, subsidies, and regulatory relief measures to cushion businesses, transport workers, and consumers from the impact of rising global oil prices driven by tensions in the Middle East. At the…...
Marcos prioritizes food supply; P4-billion in MSME loans set
14+ hour ago (1191+ words) The Marcos administration has rolled out a multibillion-peso package of loans, subsidies, and regulatory relief measures to cushion businesses, transport workers, and consumers from the impact of rising global oil prices driven by tensions in the Middle East. At the…...
Marcos orders tariff cuts; DA to buy excess farm produce
5+ day, 19+ min ago (278+ words) MANILA " President Ferdinand R. Marcos Jr. on Monday ordered lower tariffs on imported food, faster processing of import permits, and government purchase of excess farm produce as part of a broader push to stabilize food prices amid soaring fuel prices caused…...
IMF, Moody's cut 2026 Philippine growth outlook
3+ day, 15+ hour ago (455+ words) The International Monetary Fund (IMF) and debt watcher Moody's Ratings cut their 2026 gross domestic product growth forecasts for the Philippines as the Middle East conflict poses downside risks to the economic outlook. The IMF trimmed its Philippine growth forecast to…...
ADB trims Philippine 2026 growth forecast to 4. 4% on Middle East conflict risks
1+ week, 1+ day ago (460+ words) The Asian Development Bank (ADB) trimmed its 2026 economic growth outlook for the Philippines to 4. 4 percent from 5. 3 percent as heightened risks from the ongoing Middle East conflict threaten energy supplies and remittance inflows. In its Asian Development Outlook report released Friday,…...
IEA, IMF, World Bank launch task force to tackle Middle East war fallout
2+ week, 2+ day ago (329+ words) The heads of the International Energy Agency, International Monetary Fund and World Bank Group agreed to form a coordination group to maximize their response to the energy and economic impacts of the war in the Middle East. Global supply chains…...
March inflation soared to 4. 1% on transport and food costs
1+ week, 4+ day ago (734+ words) Philippine headline inflation surged to 4. 1 percent in March 2026 from 2. 4 percent in February as transport and food costs jumped on the back of higher fuel prices, the Philippine Statistics Authority said Tuesday. The latest figure brought the average inflation rate in…...
Farmers oppose zero corn tariffs, warn of P12-b loss
1+ week, 16+ hour ago (349+ words) Corn farmers could lose nearly P12 billion if the government pushes through with a proposal to remove tariffs on corn imports, prompting strong opposition from the Federation of Free Farmers and the MAGSASAKA party-list. The tariff cut was reportedly raised during…...
ME conflict to stress Philippine banks
1+ week, 17+ hour ago (170+ words) South and Southeast Asian banks, including those in the Philippines, face the clearest credit risk from a prolonged Middle East conflict, but the impact will likely emerge gradually through standalone credit profiles, Fitch Ratings said Thursday. Higher energy prices, supply-chain…...