Economy
Dirty Fuel, Temporary Fix: PH Allows Euro-II for Older Vehicles Amid Oil Shock
Department of Energy fuel policy
Economy
Department of Energy fuel policy
Economy
More than half of the Philippines’ 2026 national budget has already been released as of the end of February, according to the Department of Budget and Management. DBM data showed P4.31 trillion had gone out from the P6.793-trillion General Appropriations Act, or about 63.5 percen
Economy
Philippines allows lower-grade fuel amid oil crisis
Economy
The National Food Authority plans to ramp up palay purchases by the end of March as it works to rebuild the country’s rice buffer stock without pushing market prices even higher. NFA Administrator Larry Lacson said buying too aggressively during the current harvest period could add pressure on traders
Economy
Globe Telecom
Economy
Malacañang says the country is not yet at the point where President Ferdinand Marcos Jr. needs to declare a national emergency over rising fuel prices. Palace Press Officer Claire Castro said the situation is still manageable, even as pump prices continue to climb because of tensions in the Middle East.
Economy
The government is scrambling to keep diesel flowing as the global oil crisis keeps tightening, and the Department of Energy says a shipment of 300,000 barrels is due to arrive next week. Energy Secretary Sharon Garin said the stock was bought through the Philippine National Oil Co. from a
Economy
Government workers may soon get a new way to fight high power bills after the GSIS announced plans to roll out a solar financing program for home installations.
Economy
The national government started the year with a P165.4-billion budget surplus in January, a sharp jump from the P68.4-billion surplus recorded in the same month last year. Based on Bureau of the Treasury data, the better fiscal position came from slightly higher revenues and a much lower level
Economy
Public utility vehicles, buses, and freight operators are getting a little breathing room starting March 23 after the Department of Transportation announced temporary toll discounts on NLEX, SLEX, and STAR. The move comes as fuel prices stay under pressure because of the conflict in the Middle East. According to the
Economy
President Ferdinand Marcos Jr. and fuel excise tax bill
Economy
The Philippines is preparing to open its first research and development laboratory focused on oil and gas exploration, with the facility set to launch in Palawan on March 25. The Manila Times reported that the Department of Science and Technology will open the Drilling Fluids Research and Innovation or DFRI