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On April 20, Fitch Ratings announced a downgrade of the Philippine economic outlook to 'negative', citing increasing risks to growth due to disruptions in public investments and the impact of global energy shocks.
Philippine government forces reported the death of at least 10 Maoist rebels during armed clashes on Negros Island. The fighting, which erupted on Sunday, is part of a decades-long escalating conflict.
A group of Philippine lawmakers has called for the resumption of oil and gas exploration talks with China amidst a global energy crisis. However, warnings from former judges suggest that accepting Beijing's terms could be tantamount to 'political suicide' for Manila.
In March, the Philippines experienced a significant rise in inflation rates, reaching <strong>6.4%</strong>, the highest level in two years. This increase is attributed to the repercussions of the war in Iran, which has impacted energy supplies and fuel prices.
Inflation rates in the Philippines accelerated in March, reaching <strong>4.1%</strong>, exceeding expectations due to a sharp rise in fuel prices amidst escalating geopolitical tensions in the Middle East.
Toyota has announced its plans to launch a fully electric version of the popular Hilux model, generating excitement among car enthusiasts in the Philippines. This move is expected to significantly transform the electric vehicle market in the region.
Filipino tennis player Alex Eyal is gearing up for tough matches at the Linz Championship, which kicks off on October 9. The draw has set her up against formidable opponents, raising excitement among tennis fans.
The Philippines faces significant challenges with its daily diesel consumption, which reaches <strong>33 million liters</strong>. This reliance on fossil fuels comes at a time when the government is striving to enhance its transition towards renewable energy sources.
The Philippine government has announced a new program allowing employees to convert solar energy into salary deductions, promoting renewable energy use and easing financial burdens on families. This initiative aims to encourage households to adopt solar energy as an alternative to traditional power sources.
The Philippines is contemplating a new law to combat misinformation, but digital rights activists warn that current proposals may grant the government extensive powers without effectively curbing online influence campaigns. President Ferdinand Marcos Jr. has urged Congress to prioritize this legislation before the session ends in June.
The Philippine government has dismissed over <strong>900 fire safety inspectors</strong> in a drastic move to combat corruption. This decision comes as the country faces significant challenges in public safety.
The Philippine government has announced the start of diplomatic talks with Iran aimed at ensuring the flow of oil through the Strait of Hormuz. This decision comes amid rising tensions in the region and their impact on global energy supplies.
Jollibee is more than just a fast-food chain for Filipinos; it symbolizes cultural identity for the Filipino diaspora worldwide. With over a million Filipinos leaving their homeland annually in search of better opportunities, Jollibee has become an integral part of their cultural identity.
Former Philippine President <strong>Rodrigo Duterte</strong> marks his 81st birthday behind bars, spending his second year in prison. This comes amid increasing legal pressures due to allegations of human rights violations.
Malaysian politicians from Sabah have strongly reacted to a Filipino senator's comments suggesting that Sabah could be used to address oil issues. They emphasized that Sabah is part of a sovereign nation and cannot be manipulated.
Philippine President Ferdinand Marcos Jr. confirmed that ASEAN Summit 48 will be held in Cebu City on May 8-9, 2026, despite global crises. The summit will focus on simplifying its organization while addressing oil, food, and migrant labor issues.
Philippine President Ferdinand Marcos Jr. announced that the country aims to achieve an economic growth rate exceeding <strong>6%</strong> in the coming years, fueled by increasing investments, particularly in the semiconductor and data center sectors. This statement was made during an exclusive interview with Bloomberg in Manila.
Philippine President Ferdinand Marcos Jr. has announced that his government will bear the brunt of the peso's weakness, citing limits to defending the currency amid the dollar's rise. Marcos aims to achieve a 6% economic growth rate by 2028.