MANILA, Philippines — The Philippine government is bracing for higher borrowing costs this year as global interest rates will likely remain elevated, with the US Federal Reserve expected to slow ...

SINGAPORE (Reuters) -Supertanker freight rates jumped after the U.S. expanded sanctions on Russia's oil industry, sending traders rushing to book vessels to ship supply from other countries to ...

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The United States Postal Service is raising rates on parcel shipping services effective Sunday, Jan. 19. First-class stamps prices are not changing at this time, but shipping services such as ...

At least one crew member died and two others were missing when a Philippine-flagged cargo ship sank off an island in the centre of the country. Coast Guard station commander, Bryhl Amay ...

MANILA, Philippines — Households can expect a slight reduction in their electricity bills this month, as the Manila Electric Company (Meralco) has lowered the rate to P11.7428 per kilowatt-hour ...

PHILIPPINE Finance Secretary Ralph Recto said the nation’s central bank will continue to deliver interest rate cuts this year, but they may be fewer and farther apart than in 2024 in the face of ...

A Philippine-flagged cargo ship, the Jerlyn Kathness, sank in the San Bernardino Strait near Samar Island on Monday, leaving one crew member dead and two missing, the coast guard reported.

Gold prices rose in Philippines on Monday ... As a yield-less asset, Gold tends to rise with lower interest rates, while higher cost of money usually weighs down on the yellow metal.

“They must look for alternative crudes. That is the primary driver for the rally (in freight rates),” said Anoop Singh, global head of shipping research at Oil Brokerage. On a daily basis, a ...

Lockheed Martin has completed the delivery of ten S-70i Black Hawk helicopters to the Philippine Department of National ...