Economy

Economy

Brace Yourselves: Diesel Could Jump P19 Per Liter Next Week Amid Middle East Crisis

Filipinos better start budgeting now — because fuel prices are about to get ugly. The Department of Energy (DOE) warned Saturday that diesel could surge by at least P19 per liter next week, while gasoline may climb by P9 per liter. Kerosene? A brutal P31 per liter increase. And those are

Economy

Brace Yourselves: Diesel Could Jump ₱15/Liter Next Week as Middle East Conflict Closes Strait of Hormuz

Filipino motorists and commuters are bracing for what could be one of the biggest fuel price increases on record. Based on three days of trading at the Mean of Platts Singapore, diesel could jump by ₱15 per liter, gasoline by ₱7 per liter, and kerosene by a staggering ₱28 per

Economy

4-Day Work Week? Marcos Open to Studying It as Middle East War Drives Up Energy Costs

Could Filipinos soon be working only four days a week? President Ferdinand Marcos Jr. has signaled he's open to studying the idea — not for work-life balance reasons, but to save energy as the war in the Middle East sends global fuel prices soaring. Malacañang Press Officer Claire Castro

Economy

Brace Yourselves: Fuel Prices Could Jump P28/Liter for Kerosene, P15 for Diesel Next Week

Economy

Grocery Bills Getting Heavier? Inflation Climbs to 2.4% as Rice Prices Keep Creeping Up

Economy

Sotto Wants 90-Day Oil Stockpile So PH Won't Panic Every Time the Middle East Heats Up

Senate President Tito Sotto is pushing hard for the Philippines to build its own strategic petroleum reserve — basically a massive stash of oil and fuel that the government controls, so the country isn't left scrambling every time tensions flare up in the Middle East. Under Senate Bill No.

Economy

Yikes: Government Debt Breaks P18 Trillion for the First Time — And It's Still Climbing

The Philippine government's outstanding debt has officially breached the P18 trillion mark, hitting a record P18.13 trillion as of January 2026. That's up 2.41% from P17.707 trillion in December, and a staggering 11.16% higher than the P16.312 trillion recorded in January

Economy

Marcos and South Korea's Lee Sign Big Deals — From Nuclear Power to Shipbuilding

President Ferdinand Marcos Jr. and South Korean President Lee Jae Myung sat down at the Philippines-Korea Business Forum on Wednesday, March 4, and watched as Philippine and Korean firms inked at least 10 major business agreements spanning shipbuilding, nuclear energy, aerospace, critical minerals, supply chain and retail, and health and

Economy

Inflation Hits 12-Month High at 2.4% — Food Prices Are the Culprit

Bad news for Pinoy wallets: inflation accelerated to 2.4% in February 2026, hitting its fastest pace in 12 months, according to data from the Philippine Statistics Authority released Thursday. The main driver? Food and non-alcoholic beverages, which continue to eat into household budgets. The February figure is noticeably higher