Economy
The Bureau of Internal Revenue is sounding the alarm on a fake tax payment reminder currently making the rounds, warning Filipino taxpayers not to fall for what it has officially confirmed as a fraudulent document using the BIR's own template. BIR Commissioner Charlie Mendoza issued the advisory through
Economy
Motorists across the Philippines are feeling the pinch yet again as fuel prices shot up for the eighth straight week — this time by a whopping ₱1.90 per liter for gasoline, ₱1.20 for diesel, and ₱1.50 for kerosene, effective 6 a.m. Tuesday, March 3. Major oil companies
Economy
Filipino motorists are bracing for yet another painful hit to their wallets as major oil companies announced massive price hikes effective Tuesday, March 3. Gasoline prices jumped by ₱1.90 per liter, diesel by ₱1.20, and kerosene by ₱1.50 — making this the 8th straight week of increases for
Nation
Good news for the millions of commuters who ride the MRT-3 daily — the beleaguered train line is getting a massive ₱8.2-billion makeover, courtesy of Japan. The Department of Finance (DOF) announced on Tuesday that it has secured the third tranche of a loan from the Japan International Cooperation Agency
Economy
Kung akala mo tapos na ang pasakit sa bulsa, think again. The Land Transportation Franchising and Regulatory Board (LTFRB) is now seriously considering provisional fare increases across nearly all types of public transport — but only if diesel prices hit the dreaded ₱60-per-liter mark. LTFRB Chairperson Vigor Mendoza II confirmed that
Economy
Brace yourselves, motorists — another painful week at the pump. Caltex, Petron, Seaoil, Shell, Cleanfuel, Petro Gazz, PTT Philippines, and Unioil all announced price hikes effective 6 AM Tuesday, March 3: gasoline goes up ₱1.90 per liter, diesel by ₱1.20, and kerosene by ₱1.50. This marks the 8th
Economy
Amid all the doom and gloom from the Middle East, here's some genuinely good economic news: Philippine manufacturing activity surged to its strongest level in over 8 years in February 2026. The S&P Global Philippines Manufacturing PMI jumped to 54.6 from 52.9 in January
Economy
The Bangko Sentral ng Pilipinas projects February 2026 inflation to settle between 2.3% and 3.1%, comfortably within its 2-4% annual target range. While prices are inching up from January's 2.0%, the central bank says the situation remains manageable — for now. Upward pressure is coming from
Economy
Monday was brutal for Philippine markets. The PSEi closed down 184.91 points or 2.79% at 6,426.83, while the broader All Shares index dropped 73.38 points or 2.02% to 3,567.86. It was the sharpest single-day decline in 2026, driven by panic selling across
Economy
The Iran crisis isn't just about bombs and missiles — it's a stark reminder that the Philippines is dangerously dependent on Middle Eastern oil and trade routes that can be choked off overnight. Analysts are now calling for urgent diversification of energy sources and trading partners. Philippine
Economy
The Department of Energy convened an emergency meeting with independent oil companies on Monday to assess fuel supply and get their commitment to soften the blow of expected sharp price increases. With the Middle East conflict rattling global markets, pump prices are set to jump by as much as ₱1.
Economy
The Philippines' biggest business groups are raising the red flag: the escalating Middle East conflict isn't just a faraway war — it's a direct threat to Filipino wallets. The Federation of Philippine Industries (FPI), the Philippine Chamber of Commerce and Industry (PCCI), and the Philippine Exporters