Economy
Finance Secretary Frederick Go says the Philippine economy can absorb the impact of the Middle East conflict, predicting the effects will be 'temporary and not significant.' But local economists are more cautious, warning that sustained oil price increases could push consumer prices closer to the upper end of
Economy
Global oil prices are expected to surge when markets open on Monday, with analysts projecting crude could jump to between $85 and $90 per barrel — a massive spike from Friday's close of around $72. The main driver: the Strait of Hormuz, which handles 20% of the world'
Economy
Philippine inflation likely accelerated in February from January's 2.0% print, with economists surveyed by Manila Standard forecasting it will settle between 2.3% and 3.1% — still within the BSP's target range but notably higher. The official figures will be released this week by the
Economy
Vehicle sales in the Philippines dipped 10.2% year-on-year in January 2026, with only 35,035 units sold compared to 37,504 in January 2025, according to a joint report by CAMPI and the Truck Manufacturers Association. The decline follows December 2025's record-breaking performance — the highest December sales
Economy
The numbers don't lie, and they're ugly: business confidence in the Philippines nosedived from 29.7% in Q4 2025 to a barely-positive 0.9% in January 2026, according to the BSP's first-ever monthly Business Expectations Survey. While technically still positive — meaning more firms are
Economy
Filipino motorists, prepare your wallets: another round of fuel price increases is expected to hit pumps in the first week of March. The Department of Energy and industry sources are projecting gasoline could rise by ₱1.40 to ₱1.60 per liter, while diesel may increase by ₱0.80 to
Economy
Advent Upgrade Solar Inc. (AUSI), a joint venture between Aboitiz Power Distributed Renewables and Upgrade Energy Philippines, has officially launched commercial operations for two new solar projects that boost the country's clean energy capacity. The milestone was made possible with vital financing support from the Bank of the
Economy
The Department of Energy has issued a landmark directive requiring all large-scale renewable energy developers in the Philippines to integrate energy storage systems into their facilities. The new framework is designed to support higher renewable energy penetration while maintaining grid reliability — a critical step toward the country's goal
Economy
Prices at the factory gate accelerated in January, growing 1.5% compared to just 0.8% in December 2025 — a sign that higher costs are building in the manufacturing pipeline and could soon hit consumer wallets. The Producer Price Index data was released by the Philippine Statistics Authority. Food products
Economy
GCash users can now invest in global real estate without leaving the app. Starting February 20, Manulife Investment Management and Trust Corp. launched four income-paying unit investment trust funds on GFunds — including the first-ever Real Estate Investment Trust (REIT) funds available on any Philippine e-wallet. The new offerings include the
Nation
Starting today, March 1, you won't find any fresh tawilis in the markets for two months. The Department of Environment and Natural Resources is enforcing the annual closed fishing season for the beloved sardine in Taal Lake, running until April 30 — giving the fish time to breed and
Economy
China Banking Corporation has done it again — posting a record ₱28 billion in net income for 2025, marking an incredible 11th consecutive year of breaking its own profit record. The SM Group-owned bank has been on a winning streak since 2015, when profits were just ₱5.6 billion. The bank&