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 »
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 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 »
The waters around Romblon have seen some of the country’s worst maritime disasters. But while the wrecks are real, the “triangle” is a much newer idea. Read more »
The Civil Aviation and Immigration Security Services (Caiss) project is expected to eventually extend beyond airports to other entry points, including seaports, land borders, and traditional sea routes in the southern Philippines. Read more »
