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DEPDev says 2026 supplemental budget could worsen fiscal situation
4+ hour, 45+ min ago (366+ words) PROTECT COMMITTEE. Socioeconomic planning chief Arsenio Balisacan at the Senate PROTECT committee hearing on Monday, April 13, 2026. MANILA, Philippines " The Department of Economy, Planning and Development (DEPDev) is wary that a supplemental budget to support programs during the ongoing oil crisis…...
[In This Economy] High inflation is back with a vengeance in 2026
3+ day, 23+ hour ago (884+ words) The March 2026 inflation figures give us an unvarnished look at how the global oil crisis is beginning to hurt our economy. Based on the data released by the Philippine Statistics Authority (PSA), where did the March inflation spike come from?...
Demand destruction: How surging pump prices can destroy local fuel demand
5+ day, 18+ hour ago (574+ words) MANILA, Philippines " How has demand for fuel changed since the conflict in the Middle East began?" As pump prices in the Philippines continue to rise to historic highs, consumers are apparently buying less petroleum products. This is what Department of…...
US-Iran ceasefire: DOE can't say if local fuel prices will rise or fall
6+ day, 3+ hour ago (255+ words) MANILA, Philippines " Department of Energy (DOE) Secretary Sharon Garin said it is still difficult to predict how the announced ceasefire between the United States and Iran would impact global and domestic oil prices. "I think the problem will stay longer…...
Unemployment eases to 5. 1% in February 2026 as admin sector adds jobs
6+ day, 4+ hour ago (459+ words) MANILA, Philippines " Unemployment in the Philippines eased to 5. 1% or 2. 66 million Filipinos in February amid a jump in new administrative jobs, the Philippine Statistics Authority said on Wednesday, April 8. The country's latest jobless rate is lower than the 5. 8% or 2. 96 million unemployed…...
Oil shock drives Philippine inflation to 20-month high of 4. 1% in March 2026
1+ week, 5+ hour ago (511+ words) UNAVAILABLE. A gas station in Paco, Manila, temporarily shuts down on March 9, 2026, after its fuel supply became depleted. MANILA, Philippines " Inflation in the Philippines nearly doubled to 4. 1% in March as the Middle East crisis pushed fuel and transport costs higher,…...
From Brady Bonds to Marcos 2. 0: When debt fails, health systems break " and devolution follows
1+ week, 2+ day ago (494+ words) In part 1, I examined how the Philippines" borrowing patterns created structural vulnerabilities in the late 1970s and early 1980s. But debt crises are not just economic events; they reshape public services. Debt crises are often discussed in terms of bond markets, deficits,…...
From Brady Bonds to Marcos 2. 0: The debt trap we escaped once
1+ week, 3+ day ago (835+ words) The Philippines did not just experience a debt crisis in 1983. It built one. Not simply through how much it borrowed'but through how it borrowed. And that distinction matters again today. In the 1970s, the Philippines still had access to long-term development…...
[In This Economy] Beware the allure of price caps on fuel and food
1+ week, 4+ day ago (847+ words) As the Middle East conflict keeps pushing oil prices up (recently hitting $119 per barrel), proposals for price controls are brewing in many countries including the Philippines. Both measures are well-meaning: they aim to protect Filipino consumers from the pain of…...
[Vantage Point] How Corporate Philippines is quietly war-gaming a supply shock
2+ week, 7+ hour ago (839+ words) As fuel becomes increasingly'scarce and expensive, the question for business is no longer how to expand, but how to continue. The old architecture of globalization " a structure based on cheap energy and frictionless logistics " is starting to crack beneath its…...
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