🇵🇭 Business
75 articles total
Philippines Secures 21,000 Metric Tons of US LPG Amid Global Market Volatility
DOE and PNOC move to stabilize fuel supply, with cargo arriving from May 20 to May 31.
Diesel Price Rollback of Up to P10.80 per Liter Expected in the Philippines Next Week
Global peace talks between the US and Iran drive fuel cost reductions for Filipino consumers
Filinvest’s 20.774-MWp Misamis Oriental Solar Project Secures ERC Nod, Boosting Philippine Clean Energy Drive
The Energy Regulatory Commission approves FDC Green Energy Corp.’s solar facility in Tagoloan, poised to generate 30.2 million kWh annually for the Mindanao grid.
Marcos Admin Launches Housing Payment Moratorium for Filipinos Hit by Energy Crisis
DHSUD implements emergency relief allowing borrowers to pause monthly amortizations without penalty, offering crucial breathing room for struggling families.
CAB hikes flight fuel surcharge to historic Level 19, Philippine travelers to pay up to P1,824 more starting April 16
The Civil Aeronautics Board sets a record fuel surcharge for domestic and international flights, impacting millions of Filipino passengers.
ERC Orders Meralco to Refund P14 Billion to Filipino Consumers, Easing Power Bill Burden
In a landmark decision, the Energy Regulatory Commission mandates the power giant to return billions in over-recoveries, promising relief for millions of households starting next month.
Oil Price Surge on Iran Tensions Threatens Philippine Inflation, Peso
Global market volatility over Strait of Hormuz risks reigniting inflation and import costs for the import-dependent Philippine economy.
JoyRide to Slash Motorcycle Taxi Commission to 18%, Boosting Filipino Driver Take-Home Pay
Ride-hailing platform's rate cut effective April 20, 2026, offers relief amid rising operational costs for thousands of Filipino riders.
Philippines Considers VAT Reduction as Lawmakers Debate Economic Relief Measures
Proposed cut from 12% to 10% aims to ease inflation burden, but economists warn higher-income households may benefit more.
Philippines' DTI Considers Sardine Price Hike Amid Surging Fuel Costs
Government in talks with manufacturers as production costs rise, threatening staple food affordability for millions of Filipino households.
Global Shipping Caution on Hormuz Impacts Philippine Import Costs, OFW Remittances
Major carriers seek security guarantees amid mine threats, risking delays for Philippine-bound goods and higher consumer prices.
Philippines' BOC Slashes Import Valuation Processing Time to 3 Days, Boosting Trade Efficiency
The Bureau of Customs accelerates import assessment to improve ease of doing business and reduce costs for Filipino importers and consumers.
Cebu Pacific Adopts 'Cautious' Stance for Q2 2026 Amid Fuel Price Volatility, Impacting Philippine Travel
The airline's measured growth strategy for mid-2026 reflects broader economic pressures that could affect fares and route availability for millions of Filipino passengers.
Philippines' LPGMA Urges Sellers to Pass Tax Suspension Savings to Filipino Consumers
Industry group calls for compliance as Marcos administration's excise tax suspension on LPG and kerosene aims to ease household burden amid global oil volatility.
Marcos Administration Confident Philippines Will Reach Upper-Middle Income Status Despite Global Crises
DEPDev projects economic milestone within presidential term as World Bank classification target remains in sight.