🇵🇭 Business
75 articles total

US EIA Warns of Prolonged Fuel Price Hikes, Threatening Philippine Economy and OFW Remittances
Agency contradicts Trump's assurances, forecasting months of elevated costs even after Strait of Hormuz reopening, with direct implications for Filipino consumers and inflation.

Philippine Manufacturing Hits 8-Year High in February on Surging Demand
S&P Global survey shows production and new orders at strongest levels since late 2017, boosting business confidence for 2026.

BIR Acknowledges Processing Delays, Vows System Streamlining Amid Taxpayer Complaints
Manual document handling identified as primary bottleneck; Bureau promises to reduce paperwork requirements and simplify procedures.

REGASCO Hikes LPG Prices Past P1,600 Mark Amid Global Oil Surge
Cooking gas in Cebu crosses P1,600 threshold as domestic LPG rates rise by up to P44 per 11-kg cylinder

Philippine Rice Imports Set to Rise, but Tariff System May Cap Growth -- USDA Report
Price-indexed tariff policy between 15% and 35% could moderate import surge as local production falls short of demand

Diesel Expected to Hit P170/Liter, Gasoline P120/Liter Next Week
Oil industry sources project steep fuel price hikes as MOPS data shows continued tightening of diesel supply and rising demand

Philippine Government Rolls Out Energy Conservation Measures Amid Oil Price Surge
Malacañang mandates 10% fuel reduction across all government agencies as Middle East conflict drives up electricity costs

Kiko Pangilinan Warns Traders Against Profiteering, Hoarding Amid Middle East Crisis
Senator calls for fair pricing as supply chain disruptions threaten essential goods availability in the Philippines

DTI, Major Retailers Agree to Freeze Prices of Basic Goods Until April 16
21 manufacturers and top supermarket chains commit to holding prices for 30 to 60 days as government intensifies market monitoring under Executive Order No. 110

Fuel Companies Hike LPG Prices by Double Digits Per Kilo Starting April 1
Filipino households face mounting cooking gas expenses as oil firms announce P4.50 to P6.00 per kilogram increase

Oil Prices Surge Toward Record Monthly Gain as Iran War Rattles Global Markets
Brent crude climbs 3% while equities struggle amid fears of inflation spike and recession risk

Amid Looming LPG Price Hike, Some Pinoys Switch to Charcoal
Filipino households and small eateries seek affordable cooking alternatives as液化石油气 costs continue climbing

De Lima Seeks Congressional Probe Into Diesel Price Surge Amid Middle East Tensions
Senator flags extraordinary fuel cost increases as Russia-Ukraine conflict disrupts global oil markets; Petron's Russian crude purchase draws attention

Diesel Prices to Surge by P12.50/Liter Starting Tuesday in Philippines
Oil firms implement ninth consecutive fuel hike, gasoline prices unchanged

Peso Hits Record Low P60.69:$1 as Oil Prices Surge Threaten PH Economy
BSP monitors escalating Middle East conflict impact on inflation ahead of April policy meeting