Economy & Resources

The Philippines has declared a national energy emergency as the war in the Middle East disrupts global oil supply. The move shows just how vulnerable the country is. It has also done the unthinkable by forcing Manila to rethink its relationship with China.   No other country has acted this quickly, but few are as exposed. The Philippines imports almost all of its oil, mostly from the Middle East. As prices rise and supply risks grow, Manil...

Indonesia has signed a major new trade deal with the United States, cutting tariffs and strengthening business ties in a move that could reshape global trade flows.   Under the agreement, US tariffs on Indonesian goods will drop from 32% to 19%. In return, Indonesia will remove tariffs on 99% of American products.   The deal could make everyday goods cheaper and easier to trade between the two countries, while strengthening economic...

Economic inequality in the Philippines is no longer just a social issue. It is becoming a political one. New data shows that wealthy elites are tightening their grip on political power while millions of Filipino families struggle with rising costs, weak wages, and limited public services. The result is a widening gap that is reshaping both democracy and daily life.   According to global watchdog Oxfam, billionaires are “4,000 times m...

Southeast Asia is facing a growing energy crisis as global oil supplies tighten due to the war involving Israel, the United States, and Iran. The war has disrupted energy flows through the Strait of Hormuz, a critical route for global oil shipments.   Even countries far from the conflict are now feeling the impact. Indonesia, Vietnam, Thailand, and the Philippines are taking urgent steps to manage fuel shortages. Governments are cutting en...

Corruption in the Philippines does not begin with billion-peso scandals. It often starts with small, routine exchanges.   A nationwide survey conducted in late 2025 found that 73% of adult Filipinos identify bribery as the most common form of corruption, ranking it above misuse of public funds, vote buying, and delays in the justice system. That number reflects something deeper than perception. It reflects daily experience.   A perm...