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 may face a widening gap between the skills being developed through workforce programs and the occupations most exposed to artificial intelligence (AI). Read more »
The Chinese Embassy in Manila on Monday, Oct. 5, rejected allegations that Beijing had channeled money to a Philippine political faction, calling them a “false narrative.” Read more »
An unnamed Taiwanese technology company will invest $1 billion in an advanced manufacturing facility in New Clark City, Tarlac, with plans to expand. 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 »
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 »
