Middle East Updates

Developments in the Mideast war and its impact on Asia-Pacific

Why the Philippine economy may be slowing down

In an economy that is driven largely by consumption, understanding how households spend their income…

Grab PH launches EV loan program for drivers

Grab Philippines is rolling out a financing platform to accelerate the shift of its ride-hailing…

Vance: Ball now in Iran’s court  

Washington—The United States said “the ball is in the Iranian court” on ending the Mideast…

Marcos suspends tax only on LPG, kerosene

President Marcos announced the suspension of the excise on liquefied petroleum gas (LPG) and kerosene…

Oil prices surge as US set to block Hormuz

Oil prices surged and stocks sank on Monday after US-Iran peace talks fell apart and…

Fuel price rolled back by as much as P23/L

Fuel price rollbacks by as much as P23 per liter take effect on Tuesday—a rare…

PH oil supply extended 64 days after new orders

The country’s estimated oil supply has been extended to 64 days following new orders that…

PH needs P429-B crisis fund if Iran war lasts all year

The government may need a total of P429 billion to fund its ongoing response measures…

Cuba’s answer to fuel woes? An underwater bus

HAVANA—On a recent sweltering afternoon in the Cuban capital, dozens of commuters on bicycles, scooters…

Trump slams Pope Leo over Iran war

WASHINGTON—US President Donald Trump attacked Pope Leo XIV on social media on Sunday, saying the…