Philippines trade deficit at $3.7 billion in February
MANILA — The Philippines posted a trade deficit of $3.68 billion in February, preliminary official data showed on Friday.Exports rose 8.0% from a year earlier, while imports...
ASEAN summit to go ahead in May, but shortened to ‘bare bones’ program due...
MANILA — Philippine President Ferdinand Marcos Jr. said on Friday that the ASEAN Leaders’ summit will go ahead in May, but will be shortened to...
Meta and Google just lost a landmark social media addiction case. A tech law...
Social media platforms Instagram and YouTube have a design defect which means they are addictive, a jury in the United States has ruled.The...
BSP holds interest rate in surprise off-cycle meeting
MANILA — The Philippine central bank decided to keep its policy rate at 4.25% during a surprise off-cycle meeting on Thursday and said its monetary policy would focus...
Philippines suspends spot power sales as Iran war sends prices soaring
SINGAPORE — The Philippines suspended electricity sales on the Wholesale Electricity Spot Market until further notice on Thursday due to fuel supply risks and price...
Philippines launches P20 billion fund to boost fuel security
MANILA — The Philippine energy ministry said on Thursday it is activating a P20 billion ($333 million) emergency fund to strengthen fuel security amid continued...
Asia looks to COVID-era playbook to tackle fuel crisis
Countries across Asia are weighing up work-from-home policies and stimulus measures enforced during the COVID pandemic, as they scramble to respond to global...
Philippine Airlines says jet fuel supplies secure despite Middle East conflict
MANILA — Philippine Airlines has adequate jet fuel supply to support its scheduled operations, including long-haul flights, for the forseeable future, the flag carrier said...
South Korean alleged ‘drug lord’ running ring from Philippines jail extradited
SEOUL — South Korean police on Wednesday took into custody an alleged “drug lord” accused of running a narcotics ring in the country from a Phillipines prison,...
Philippines says working with Washington to obtain oil from U.S.-sanctioned countries
MANILA — The Philippines is working with Washington to secure waivers and exemptions so it can obtain oil from U.S.-sanctioned countries to ensure supply, its...














