The Philippine peso fell to a record intraday low of ?63.15 per US dollar on October 15, amid oil price concerns, US inflation, and domestic economic pressures. Read more »
The Philippines is expected to post a current account deficit of nearly $20 billion annually through 2027, as elevated oil and commodity prices continue to drive up import costs, according to updated projections from the BSP. Read more »
Prime Infrastructure Capital Inc., the infrastructure company led by billionaire Enrique Razon Jr., expects to double its revenue and earnings over the short to medium term, driven by acquisitions, existing businesses, and new power projects. Read more »
Private workers in Cagayan Valley are seeking a P100 increase in their daily pay, with labor groups pointing to rising household expenses and other financial obligations as reasons for the proposed adjustment. Read more »
The Philippines saw a steep drop in agricultural export earnings in August, with revenues falling to their lowest level in more than two years despite a strong increase in the country’s overall merchandise exports. Read more »
The mermaid’s scaly, less charming counterpart has a name borrowed from Hokkien and a surprising second life in Filipino grammar. Here’s what the syokoy is, what old stories say about it, and why you might want to stay away from its river. Read more »
