Economy

Economy

Presyo Alert: Global Oil Panic Puts PH Pump Hikes on Blast

A fresh global oil scare is putting the Philippines on edge after crude prices pushed past $110 per barrel, with analysts warning that a longer Middle East war could send prices even higher. Some banks now see $150 oil as a realistic scenario if the conflict drags on and key shipping routes sta

Economy

Walang Toll? PH Ships Get Hormuz Pass, Says DFA

The Department of Foreign Affairs said Philippine-flagged vessels and energy shipments heading to the country will not be charged any toll to pass through the Strait of Hormuz, easing one of the bigger worries tied to the fuel crunch. In short, hindi raw totoo that Philippine shi

Economy

Hormuz Deal Gives PH a Breather on Oil Shipments

The Philippines got a bit of relief in the middle of the global fuel mess after Iran pledged to allow safe passage for Philippine oil shipments through the Strait of Hormuz. For an import-dependent country like the PH, malaking bagay ito because that route is critical for energy supply.

Economy

PSE Board Fight Umiinit as SEC Pushes Term Limits

A major governance fight is heating up at the Philippine Stock Exchange, with SEC chair Francis Lim and veteran stockbroker Vivian Yuchengco on opposite sides of a term-limit push for broker-directors. The dispute goes beyond one board seat and could reshape how governance rules are enforced in the

Economy

Bantay-Hoarding Mode: DOE Says Fuel Buying Limits May Kick In if Panic Spreads

The Department of Energy is considering temporary limits on fuel purchases if panic buying or hoarding starts distorting supply, according to a report by The Philippine Star. The agency said the move would only be used when needed as the Philippines deals with an energy emergency linked to the Middle

Economy

Trade Red Flags: USTR Puts PH Barriers Under the Spotlight

The United States Trade Representative has again included the Philippines in its annual report on markets with barriers that make it harder for American goods and services to compete. In plain terms, Washington is saying may mga polisiya rito that still raise costs and limit access for foreign ex

Economy

Trade Red Flags: USTR Puts PH Barriers Under the Spotlight

The United States Trade Representative has again included the Philippines in its annual report on markets with barriers that make it harder for American goods and services to compete. In plain terms, Washington is saying may mga polisiya rito that still raise costs and limit access for foreign ex

Economy

Fuel Backup Mode: BIR Fast-Tracks Emergency Imports as PH Guards Supply

PNOC Exploration Corp.

Economy

Oil Route Panic? PH Opens Talks With Iran to Protect Fuel Shipments

Strait of Hormuz

Economy

Tipid Mode Sa Gobyerno: Marcos Orders Offices to Cut Power and Fuel Use

President Ferdinand Marcos Jr. has ordered government offices to sharply reduce electricity and fuel consumption as the country deals with the impact of rising oil prices tied to the conflict in the Middle East. Malacañang said the instruction applies across the bureaucracy, including government-own

Economy

Fuel Tax Timeout? Marcos Gets New Power as Oil Prices Keep Climbing

Tag: Economy Person/Subject: Ferdinand Marcos Jr. President Ferdinand Marcos Jr. has signed a new law that gives him the power to suspend or reduce excise taxes on fuel if global oil prices stay painfully high. The move came a day after Malacañang declared a state of national energy emergency,

Economy

Mall Hours Get Trimmed as Big Chains Try to Help the Power Grid

Major mall operators in the Philippines | Economy