The ADB approved a $1.5-billion loan to help the Philippines fund fuel subsidies, fare discounts, cash aid and other support amid the Middle East conflict. Read more »
With Habagat continuing to flood city streets and the "super El Niño" creeping in later this year, how can Filipinos overcome both too much and too little water? Read more »
Australia is providing the Philippines with a AU$45-million (around P2 billion) grant to support reforms and projects designed to expand economic opportunities. Read more »
ADB and S&P Global Ratings have lowered their economic growth forecasts for the Philippines, citing the prolonged impact of the Middle East crisis, weaker investments, and lingering price pressures. Read more »
Travelers taking ferries from Cebu to several destinations in the Visayas and Mindanao will have to set aside more for transportation as OceanJet introduces a 10-percent fuel surcharge amid higher global oil prices. Read more »
The government is moving to ease the impact of rising fuel prices after Finance Secretary Frederick Go signed a resolution seeking the suspension of excise taxes on liquefied petroleum gas (LPG) and kerosene. Read more »
