M’sia not selling oil to Asean members as it still imports 400,000 barrels daily, says Johari

The Energy Balancing Act: Why Malaysia’s Oil Paradox Matters for ASEAN It seems contradictory on the surface: how can a nation recognized as an oil-producing powerhouse also be a net importer of crude oil? For Malaysia, Here’s the current reality. With a daily import requirement of approximately 400,000 barrels, the nation finds itself in a … Read more

Iran war live updates: US President Donald Trump considering a new Iranian proposal but says resuming strikes is ‘a possibility’

The Recent Era of Transatlantic Security: Beyond the US Umbrella The landscape of European defense is undergoing a fundamental shift. For decades, the presence of US troops in Germany served as the bedrock of NATO’s deterrence strategy. However, current trends suggest a pivot toward what policymakers call strategic autonomy for European nations. Recent movements, including … Read more

Is the U.S. Blockade of Iran a Winning Strategy or a Strategic Gamble?

The Battle of the “Shadow Fleet”: Can a Naval Blockade Ever Be Airtight? The current standoff in the Persian Gulf highlights a critical reality of modern maritime warfare: the rise of the “shadow fleet.” While the U.S. Navy has successfully directed dozens of vessels to turn around and seized ships like the Touska in the … Read more

First batch of cash aid to sugarcane farmers released in Negros Occidental —DA-SRA

The Department of Agriculture-Sugar Regulatory Administration (DA-SRA) has commenced the distribution of cash assistance to sugarcane farmers in Negros Occidental. This initial rollout is part of the broader Presidential Assistance for Farmers and Fisherfolk (PAFF) program, designed to provide financial relief to agricultural producers facing rising production costs. Initial Distribution in Negros Occidental The first … Read more

Middle East conflict creates volatile airfare market as prices fluctuate 

The Great Airfare Divide: Why Your Next Flight Could Cost $65 or $1,400 Flying in Australia has entered a volatile latest era. Even as some travelers are snagging bargain seats for as little as $65, others are facing a stark reality where interstate travel costs thousands. This isn’t random. it’s the result of a calculated … Read more

Recto tells transport officials to work with LGUs for ‘seamless’ service contracting program

Executive Secretary Ralph Recto has directed transport authorities to collaborate with the Department of the Interior and Local Government (DILG) and local government units (LGUs) to ensure the effective implementation of financial assistance for the transportation sector. Coordination Across Agencies The directive, issued following a meeting with key government officials on Wednesday, aims to streamline … Read more

Econ managers urged to advise Marcos on fuel excise tax cut

A member of the House of Representatives is urging President Ferdinand Marcos Jr.’s economic managers to recommend a wider suspension of fuel excise taxes in response to rising oil prices. The call for expanded relief comes after the President announced the removal of excise taxes on liquefied petroleum gas (LPG) and kerosene on Monday. Calls … Read more

Hiring and wage growth set to ease in Singapore in 2026, MAS warns; IEA says Iran war causing largest oil shock in history: Singapore live news

Singapore’s Job Market: Navigating the Tightest Sectors in 2026 Singapore’s job market is showing signs of increased competition, particularly within specific industrial and transport-related sectors. Recent analysis from Briefcase PR, utilizing data from the Singapore Ministry of Manpower (MOM), reveals that Transport Equipment is currently the most challenging industry for job seekers, with a vacancy … Read more

Oil Climbs on Fears of Multi-Front Supply Shock

Oil Markets on Edge: Escalating Tensions in the Middle East Oil prices are experiencing significant volatility as military escalation and diplomatic breakdown grip the Middle East. Brent Crude climbed to $116 before a brief dip, currently trading at $116.69, a 3.66% increase. West Texas Intermediate has also risen, reaching $102.80, up 3.18%. Iranian Strike and … Read more

DTI tightens watch on prices of basic goods amid oil price surges

The Department of Trade and Industry (DTI) has increased its monitoring and enforcement of basic goods prices in response to rising global oil prices. Trade Secretary Maria Cristina Aldeguer-Roque stated the agency is relying on commitments from manufacturers and retailers to postpone price increases on essential items. Price Stability Agreements According to Secretary Roque, manufacturers … Read more