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08.06.26 - 04:09
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Buildings Collapse After 7.8 Magnitude Earthquake Strikes Philippines; Tsunami Warnings Issued (ZeroHedge)
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Buildings Collapse After 7.8 Magnitude Earthquake Strikes Philippines; Tsunami Warnings Issued
A powerful 7.8-magnitude earthquake struck off the coast of Sarangani province in Mindanao early Monday morning, triggering tsunami warnings and causing reported building collapses in the General Santos area.
The quake hit at approximately 7:37 a.m. local time, with its epicenter located roughly 26 kilometers southwest of Kablalan in Sarangani Province. The U.S. Geological Survey recorded the event at magnitude 7.8, while the Philippine Institute of Volcanology and Seismology (Phivolcs) initially reported a preliminary magnitude of 7.0.
Tsunami Warning Issued
Phivolcs immediately issued a tsunami warning for coastal communities across multiple provinces in Mindanao. Residents in Sarangani, Davao Occidental, South Cotabato, Sultan Kudarat, and several other areas were advised to evacuate to higher ground immediately due to the risk of waves exceeding one meter. The warning remains in effect as authori...
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25.03.26 - 08:01
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Why Philippines Is More Exposed to Oil Shocks in SEA (Bloomberg)
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The Philippines has declared a national energy emergency amid the uncertainty in global energy markets. It's more exposed to surging oil prices and tightening fuel supply because of the Iran war compared to its Southeast Asian peers. (Source: Bloomberg)...
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17.03.26 - 11:48
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Philippines′ Go: BSP May Tighten If Oil Hikes Persist (Bloomberg)
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Philippine Finance Secretary Frederick Go says the Bangko Sentral ng Pilipinas (BSP), which is the country's central bank, may tighten monetary policy if oil prices continue to rise. He speaks with Haslinda Amin from the sidelines of 'InvestPH 2026'. (Source: Bloomberg)...
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