The currency has come under pressure following Bangko Sentral ng Pilipinas’ unexpected cut in the benchmark interest rate in ...

Manila-based Asian Development Bank (ADB) is committed to helping the Philippines with its energy-sector projects given the ...

The Phillipines’ economy, while experiencing slower factory activity because of US tariffs, is less vulnerable to export ...

The Philippine central bank is letting market forces set the dollar-peso exchange rate, saying that strong remittances and ...

Davao City Rep. Isidro Ungab criticized Congress for allegedly moving billions in foreign-assisted project (FAP) funding from programmed to unprogrammed appropriations in the 2024 and 2025 national ...

Your Excellency President Ferdinand Marcos Jr., Magandang hapon sa inyong lahat (Good afternoon to you all)! On behalf of the World Bank Group, I extend our deepest gratitude for the opportunity to ...

A future of worsening gridlock. This was the warning from an urban planner if the World Bank withdraws funding for Packages 2 ...

SINGAPORE—The Philippines will advance discussions on the ASEAN Power Grid (APG) as it assumes the chairship of the ...

THE AVERAGE cost of sending money overseas climbed to 6.49% in Q1 2025, up from 6.26% in the previous quarter, according to ...

The Department of Education will seek the assistance of the Asian Development Bank (ADB) and the World Bank (WB) in ...

The Philippines’ widening corruption scandal is unlikely to cause a lasting impact on economic growth, but risks are rising that the Marcos administration could resort to populist measures to quell ...