Middle East Updates

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

DMCI adjusts for fuel concerns

Diversified engineering conglomerate DMCI Holdings, Inc. is reassessing its cost assumptions and project rollout as…

Iran fires at Israel, denies talks with US 

DUBAI, United Arab Emirates—Iranian missiles and drones targeted Israel and Gulf Arab states on Tuesday,…

Facing energy shock, Asian countries turn to coal

Bangkok, THAILAND—Asian countries are ramping up use of polluting coal to tackle energy shortages and…

Not even BTS could please everyone with ‘Arirang’

The pressure that artists and celebrities go through is one that is often talked about…

Crisis body formed to act on fuel, food shortages

Malacañang is finalizing the formation of a “crisis committee” to ensure the country’s supply of…

Latest fuel price hikes seen easing

Another round of fuel price hikes is expected on Tuesday, but these are only about…

Fourth government-chartered flight brings home 343 OFWs, kin from Middle East 

President Marcos on Monday personally welcomed 343 overseas Filipino workers (OFWs) and their relatives from…

IEA chief warns of severe crisis

SYDNEY, AUSTRALIA—The global economy is under “major threat” from the energy crisis caused by the…

T-bill rates rise for 4th week amid Iran war

The Marcos administration continued to borrow less than planned from short-term securities as investors sought…

MidEast crisis to cap PH growth through ’28

The Philippine economy is unlikely to reach its 6-percent growth potential this year and may…