A national emergency has been declared in the Philippines as the war in the Middle East causes fuel prices to surge. South Korea has been grappling with energy restraints, implementing a nationwide energy saving campaign while Thailand has also asked employees to ditch suits in offices and lower air conditioning.
Iran war fuels Asia energy crunch as India, Japan, others feel strain
India, Bangladesh, the Philippines and South Korea are all facing energy shortages as the Iran war starts to take a toll on Asian nations.
Philippines Declares State of Emergency Over Energy
The president of the Philippines, Ferdinand R. Marcos Jr., declared a national energy emergency to stabilize the country’s energy sector in the face of an “imminent danger of a critically low energy …
Roblox faces potential ban in Philippines over child safety issues
Roblox has been given 30 days to address safety concerns, or face a potential nationwide ban in the Philippines.
Philippines tourism secures P925 million in sales leads at ITB Berlin 2026
The Philippines generated over P925 million in preliminary sales leads at ITB Berlin 2026, continuing a four-year growth trend in the European tourism market.
Goldman Axes Indonesia Rate-Cut Forecasts, Flags India Hikes
Goldman Sachs Group Inc. dropped its call for monetary easing in Indonesia this year while adding interest-rate hikes for India and the Philippines as the US-Israeli war on Iran drives up energy …
Philippines pushes stronger ASEAN+3 cooperation to boost financial resilience
The Philippines is pushing for concrete measures to strengthen financial resilience and deepen cooperation among ASEAN Plus Three countries, the Philippines’ Department of Finance (DOF) said on Monday …
Philippines targets global investors for critical minerals at Canada summit
The Philippines Board of Investments (BOI) targets global mining firms at PDAC 2026 in Canada, promoting sustainable critical minerals and nickel processing to drive industrial growth.
Philippines among most vulnerable to oil shock in Asean – Nomura
The Philippines and several Southeast Asian economies are among the most vulnerable to a prolonged Middle East conflict and a resulting oil price shock, with risks of higher inflation, weaker growth …
Philippines will allow use of dirtier, cheaper fuel amid US-Iran war
The Philippines has taken steps such as shortening the work week and providing fuel subsidies to counter the impact of rising costs The Philippines has allowed the temporary and limited use of a …