Economy
Fuel Panic? Oil Players Say PH Deliveries Beyond April Are Still a Big Question Mark
Philippine fuel supply | Economy
Economy
Economy
Petron says Russian crude may stay in the mix if supply crunch gets worse
Petron said it may again buy Russian crude oil if the Middle East crisis drags on and other supply options remain too limited. The company framed the move as a possible energy security measure, saying the country cannot afford a shaky fuel supply habang tuloy ang pressure sa global market.
Economy
Presyo Hold Muna: Basic Goods Makers Press Pause on Hikes Until April 16
Manufacturers of basic necessities and prime commodities have agreed not to raise prices until April 16, giving consumers a bit of breathing room while fuel worries and Middle East tensions continue to rattle markets. According to The Manila Times, the Department of Trade and Industry said this commitment followed a
Economy
Malls Adjust Na: Big Chains Cut Hours as Power Crunch Hits PH
Major mall operators across the Philippines are trimming their operating hours starting Monday, March 30, after the government’s national energy emergency pushed companies to help reduce pressure on the power grid. Based on Rappler’s report, SM Supermalls, Robinsons Malls, Ayala malls, Megaworld Lifestyle Malls, Filinvest Malls, and even
Economy
Diesel Relief Parating Na as Gov’t Locks In 1.04M Barrels
The government says fresh diesel supply is already on the way, with Executive Secretary Ralph Recto announcing that a firm order for 1.04 million barrels has been secured. According to the report, the first batch is expected to arrive this week, giving officials a clearer short-term buffer habang mataas
Economy
Peso Pressure Alert: Experts Say PH Needs Bigger Fixes, Hindi Band-Aid Lang
Philippine peso — rewritten from The Manila Times.
Economy
Japan Backs Big PH Build Push with Fresh Subway and Mindanao Road Cash
The Philippines just locked in fresh financing from Japan for two major infrastructure projects, giving the Marcos administration another big push on transport and regional connectivity. The new agreements cover additional funding for the Metro Manila Subway Project Phase 1 and engineering services for the Central Mindanao High Standard Highway
Economy
P1.2-B Lifeline Na: DOLE Preps Jobs and Aid for Vulnerable Workers
Economy | Main subject: Department of Labor and Employment
Economy
World Bank Drops $1B Farm Boost for PH as Climate Pressures Rise
The Philippines is getting a major agriculture push after the World Bank approved a $1 billion loan package meant to raise farm productivity and help the sector handle climate shocks better. The funding will support the Philippines Sustainable Agricultural Transformation Project, or PSAT, which the
Economy
$1-B Farm Lifeline, Pasok: PH Agriculture Gets Big World Bank Boost
The Philippines is getting a major agriculture boost after the World Bank approved a $1 billion loan aimed at raising farm productivity and making the country’s food systems more resilient to climate shocks. The funding will go to the Philippines Sustainable Agricultural Transformation Project, or PSAT, which is designed
Economy
Pump Price Pain Eases a Bit, Pero Diesel Hike Is Still Coming
Motorists may get a tiny breather next week, but hindi pa rin tapos ang sakit sa bulsa. The Manila Times reported that diesel prices are still expected to rise by around P11 to P12 per liter, while gasoline may either stay flat or climb by about P3.
Economy
Maagang Sara ang Malls: Big Chains Trim Hours as Power Crunch Bites
Starting Monday, March 30, several of the country’s biggest mall operators will shorten operating hours as part of the response to the national energy emergency. The move covers more than 190 malls nationwide, according to Rappler’s report.