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Panic mode is not the answer

WITH the surge in gasoline and diesel prices in the Philippines due to the escalating war in the Middle East, panic has set in among lawmakers and is now spreading fast to the public. One senator raised hell in a recent hearing and reprimanded officials from the executive department for their lack of urgency and coh…

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Analysis: A new oil shock is building. The next few weeks of war will be decisive for the economy.

The clock is ticking on the U.S.-Israeli war in Iran. The emerging view from oil industry executives and analysts is that the economic and market fallout from the war could escalate sharply if the Strait of Hormuz isn't reopened within roughly the next one to three weeks. Even then, enough damage may have been done …

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Trump says he'll sign order to pay TSA agents as Senate works overnight on funding deal

WASHINGTON, D.C. — President Donald Trump said he would sign an order instructing the Homeland Security secretary to immediately pay Transportation Security Administration agents, while senators worked overnight into Friday trying to end a budget impasse that has jammed airports and created financial hardship for wo…

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New "Automaker + Shipping" Integration Model! FOTON Motor & COSCO SHIPPING Special Transport Joint Venture Officially Launched

BEIJING, March 27, 2026 /PRNewswire/ -- On March 26, Guangzhou Yuanfu Automotive Supply Chain Co., Ltd., a joint venture established by FOTON MOTOR and COSCO SHIPPING, was officially unveiled. At the same time, the ro-ro vessel was delivered, and the first large-scale export order of 600 FOTON pickup trucks set sail…

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