Middle East Updates

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

Q1 overall PH car sales down–yet xEVs surge

The overall Philippine automotive sales in the first quarter of 2026 experienced a steep decline…

US, Iran warn they are ready for war

Tehran, IRAN—The United States and Iran both warned they were ready for war as the…

DOE: Hefty fine awaits oil firms defying price orders

Local oil firms that defy the government’s cap on fuel price hikes and the set…

Ayala Land halts selling of Laurean Residences

Ayala Land Inc. (ALI) has temporarily halted sales of its Laurean Residences project in Makati…

Auto sales pulled back by 9.8% in Q1 on Middle East crisis

Automotive sales hit a speed bump in the first quarter of 2026, falling 9.8 percent…

Mideast war pushes PH dollar deficit to over one-year high

More foreign currency left the Philippines than entered in March, pushing the balance of payments…

Israeli soldier struck Jesus statue in south Lebanon

JERUSALEM—Israel’s army said on Monday that it had determined that an image circulating on social…

BIZ BUZZ: Even telcos turn to EV

Jaw-dropping fuel prices are pushing not just motorists—but listed firms—toward electric vehicles (EVs). Tycoon Dennis…

Poll: BSP to kick off tightening cycle as high oil prices bite

The Bangko Sentral ng Pilipinas (BSP) is widely expected to raise interest rates this week…

Oil sanctions relief finances Russian war, says Zelenskyy

Kyiv, UKRAINE—Ukrainian President Volodymyr Zelenskyy on Sunday condemned the easing of sanctions on Russian oil…