Latest in global economyManila City Mayor Francisco “Isko” Moreno Domagoso said business activity in the nation’s capital remained remarkably strong through the first five months of 2026, with new business registrations surging year-on-year and total new business investment reaching P3.303 billion. This is even as the…
The Philippines has implemented more policy measures to counter the global oil shock than any other economy in Southeast Asia, according to a report by the Asian Development Bank (ADB). The Manila-based multilateral lender’s latest brief showed the Philippines adopted 7 of 8 major policy…
The war in Iran is sending shockwaves through global oil markets, pushing petrol prices to record highs and driving a surge in secondhand electric vehicle sales. The average cost of petrol in the European Union rose 12% to 1.84 euros per litre from late February to mid-March, according to European…
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