As oil prices rise and the peso weakens, the Philippine government is being urged to reassess its spending priorities, with the ₱17.6-billion ASEAN Summit emerging as one option for review. Former Finance Secretary Gary Teves says the question is not about diplomacy, but priorities. In times of crisis, he argues, governments—like households—must decide what to delay and where to redirect limited resources.…

The Iran war is showing why the Philippines can’t afford to neglect its farmers
A war thousands of kilometers away is beginning to ripple through something as basic as the Filipino dining table. The conflict involving Iran has pushed oil prices higher, disrupted key shipping routes, and strained global supply chains—especially for fertilizer, a critical input for food production. Farmers are already feeling the pressure. Fertilizer prices have surged by as much as 30% to 40%,…