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 plan aims to bring manufacturing jobs outside Metro Cebu, but it is still only at the planning stage. Read more »
Rice prices up 30 percent are hitting low-income households in Western Visayas hardest, according to the Philippine Statistics Authority. Read more »
Two of Bicol’s six provinces posted negative growth last year, but Sorsogon also saw the region’s biggest drop in poverty. Read more »
The Environmental Management Bureau (EMB) MIMAROPA will build a satellite laboratory and office in Coron to bring testing and monitoring closer to northern Palawan. 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 »
