Tropical Storm Queenie, or Surigae, has entered PAR and may strengthen into a typhoon over the weekend, PAGASA says. Read more »
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 »
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 »
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 »
Gasoline prices could rise by P5.50 to P6 per liter and diesel by P4 to P4.50 as global oil prices and a weaker peso put pressure on fuel costs. Read more »
The government’s proposed infrastructure spending for 2027 is putting renewed attention on how public projects are planned, coordinated, and completed, particularly as the country continues to deal with flooding and concerns over substandard infrastructure. Read more »
