Takaichi, Trump agree to boost deterrence, economic cooperation

Japan's new prime minister, Sanae Takaichi, and U.S. President Donald Trump agreed during their first summit on Tuesday to strengthen the bilateral alliance's deterrence and response capabilities and to enhance economic cooperation. Takaichi, who...

Economic Cooperation Pacts With Partners Reinforce ASEAN’s Central Role - Anwar

By Karina Imran, Harizah Hanim Mohamed and Zufazlin Baharuddin KUALA LUMPUR, Oct 28 (Bernama) -- The signing of economic cooperation agreements between ASEAN countries and strategic partners underscores the bloc’s role in forging centrality, said...

Philippine peso falls to new record low

Southeast Asia's worst performing currency amid rate cuts and outflows PUBLISHED : 28 Oct 2025 at 17:04 MANILA — The Philippine peso slid past a long-defended red line for the currency to an all-time low, as the central bank signaled more...

Philippine peso hits record low against USD

MANILA, Oct. 28 (Xinhua) - The Philippine peso slid to 59.20 against the U.S. dollar, its lowest intraday level in history, on Tuesday amid concerns over the country's growth prospects due to the government's crackdown on infrastructure spending....

Philippines-EU FTA negotiations ‘on track’ — official

By Justine Irish D. Tabile, Reporter THE Philippines and the European Union (EU) made “remarkable progress” in the text-based negotiations for a free trade agreement (FTA) during the fourth round of talks, the Department of Trade and Industry...

TP opens new site in Taguig City

BUSINESS PROCESS outsourcing company TP (formerly Teleperformance) opened a new facility in Taguig City, known as the TP McKinley Campus. The facility “symbolizes its evolution into an AI-enabled, people-centered organization that celebrates...

Nearly half of German firms in Philippines see stable business environment

Louella Desiderio - The Philippine Star October 29, 2025 | 12:00am MANILA, Philippines — Nearly half or 49 percent of German companies operating in the Philippines expect business conditions to remain stable in the next 12 months, according to a...

Peso hits record low of P59.13 to the dollar amid economic concerns, corruption scandal

THE peso hit a new all-time low of P59.13 on Tuesday, a development the Bangko Sentral ng Pilipinas (BSP) said was likely due to worries over economic growth amid an ongoing corruption scandal. The currency, whose previous record low was P59 to...

Lebanon couple opens Filipino grocery store

Sign up for the Valley News' morning newsletter and get essential news each day. WEST LEBANON — Since moving to the Upper Valley from the Philippines in 2004, Catherine and Marvin Avelino have always struggled to source Filipino groceries in their...

Bataan: The emerging tech capital of the Philippines

It is rare to find a province that thinks and moves like a startup, driven by innovation, guided by data, and built on the belief that technology can make life better for its citizens. Yet that is exactly what is happening in Bataan, a province...

‘Stronger government support key to lifting Philippines geothermal ranking’

Brix Lelis - The Philippine Star October 29, 2025 | 12:00am “When the government looks at geothermal, they see it as an old technology. This is why, for the longest time, we haven’t been receiving any (support). I just call it broadly government...

Parañaque rises to 7th spot among richest cities in Philippines

The Philippine Star October 29, 2025 | 12:00am MANILA, Philippines — Parañaque has strengthened its ranking among the richest cities in the Philippines, climbing up to seventh place in 2024, the Philippine Statistics Authority (PSA) said. City...

Industrial policy for the Philippines: A tale of 4 Tigers

(Part 2) During the second half of the 20th Century, industrial policy was given a lot of prominence in the efforts of some East Asian countries to “lift themselves from the bootstraps.” Select countries in Asia took seriously the promotion of...

A woman peasant leader’s struggle in a feudal culture

MANILA – In a feudal and patriarchal society, a woman’s voice is often unheard. But Lucia Capaducio, a woman peasant leader in Panay, broke the norm. She asserted her right as a woman not only in their household but also in the society where women...

Fuse cites role of innovative financing in PH

Fuse Financing Inc., the lending arm of the Philippines’ leading finance super app GCash, cited the crucial role of innovative financing structures at the 5th Asia Finance Forum, hosted by the Asian Development Bank (ADB) in Manila. The discussion...

Innovative filipino minds drive digital progress during the 51st Philippine Business Conference and Expo

Homepage > News > Business > Innovative filipino minds drive digital progress during the 51st Philippine Business Conference and Expo Manila, Philippines — The Byte Forward Hackathon 2025 concluded with an inspiring showcase of innovation and...

Credit exposure reporting enhanced for small banks

Keisha Ta-Asan - The Philippine Star October 29, 2025 | 12:00am MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has announced the live implementation of enhanced credit exposure reporting for small banks next month. In a memorandum...

Credit watchers affirm Philippines investment grade

Marco Luis Beech - The Philippine Star October 29, 2025 | 12:00am MANILA, Philippines — Debt watchers Moody’s and Fitch Ratings have affirmed the country’s investment grade status despite the issues surrounding alleged flood control corruption in...

Philippine peso sinks to record-low ₱59.20 vs US$

Still, the BSP emphasized that the peso remains backed by strong fundamentals, including “resilient remittance inflows, still relatively fast economic growth, low inflation, and ongoing structural reforms.”

Philippines: Central bank says time to profit on gold

“Our holdings of gold are already excessive,” said Diokno, a former BSP governor. Ideally, he said the precious metal should be anywhere between 8%-12% of the central bank’s reserves, which stood at about $109 billion as of September 2025, the...