Economy
Bahay Blues: PH Housing Costs Hit Harder Than Most in Asia
Filipino households
Economy
Filipino households
Economy
The country’s biggest mall operators are cutting weekday operating hours starting March 30, a clear sign that the national energy emergency is now hitting everyday commercial life. Rappler reported that SM, Robinsons, Ayala, and Megaworld all announced schedule adjustments as part of broader power-conservation efforts. SM Supermalls, which runs
Economy
A ship carrying more than 700,000 barrels of Russian crude oil has arrived in the Philippines, giving the country a small but timely supply boost as officials deal with an energy emergency linked to the war in the Middle East. The vessel, the Sierra Leone-flagged Sara Sky, reportedly reached
Economy
The Marcos administration has approved a P20-billion emergency fund for the Department of Energy to help secure fuel supply and soften the impact of the country’s worsening oil crunch. Philstar reported that the money will be released through a special allotment release order and notice of cash allocation, with
Economy
The Philippines got a major energy boost on Thursday after President Ferdinand Marcos Jr. announced a fresh gas discovery at the Camago-3 well in the Malampaya gas field off Palawan. According to the report, Camago-3 can produce as much as 60 million standard cubic feet of gas per day. Marcos
Economy
Malacañang said President Ferdinand Marcos Jr. is willing to study a possible wealth tax as the government looks at more ways to raise revenue amid the fuel-price crunch.
Economy
Energy Regulatory Commission | Economy | Source: Rappler
Economy
Ferdinand Marcos Jr.
Economy
No Brand's time in the Philippines is heading for an exit, with Robinsons Retail Holdings saying all 11 standalone branches will shut down by the end of June 2026. The announcement came on March 25, as the company said the Korean specialty grocery chain no longer fits its
Economy
The House of Representatives has approved a measure that would let President Ferdinand Marcos Jr. suspend or reduce excise taxes on fuel as oil prices keep climbing because of conflict in the Middle East. Rappler reported that 247 lawmakers backed the bill, while the Makabayan bloc voted against it.
Economy
Source: The Manila Times | Subject: Sharon Garin
Economy
President Ferdinand Marcos Jr. on Tuesday led the rollout of new government relief measures meant to soften the blow of fuel price volatility linked to the ongoing war in the Middle East. Sa madaling sabi, the administration is trying to keep transport costs from hitting drivers and commuters even h