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 »
An anthill, a swollen foot, and a trip to the albularyo. In Filipino folklore, disturbing a tiny elder’s home can bring mysterious illnesses, while a simple “tabi-tabi po” may help you avoid offending unseen spirits. Here’s the story behind the nuno sa punso, how it differs from the duwende, and what traditional beliefs say about usog. Read more »
The National Food Authority (NFA) has distanced itself from a proposed deal to import American rice, saying the arrangement is a private-sector initiative. 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 »
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 »
GCash parent Mynt’s IPO opens at P6.60 per share. Here’s what investors need to know about its valuation, growth, risks, and how to subscribe. Read more »
