In separate advisories Monday, PetroGazz and Unioil said diesel prices will rise by PHP12.50/liter, while gasoline will increase by PHP2.50/liter.... Read full article
"Every megawatt of domestic capacity that we bring into the grid strengthens our ability to withstand external shocks, protect consumers, and preserve system reliability," DOE Secretary Sharon Garin said in a statement.... Read full article
The Bangko Sentral ng Pilipinas (BSP) will likely maintain policy rates this year amid higher inflation projection and slow growth, BMI, a unit of Fitch Solutions, said Monday.... Read full article
The Philippines, through the Department of Finance (DOF), secured funding from the Japan International Cooperation Agency (JICA) to make travel and trade easier in the National Capital Region (NCR) and Northern Mindanao.... Read full article
An official of publicly-listed producer of oleochemicals and specialty plastics and food products on Wednesday expressed optimism for their operations this year amidst the impact of the Middle East crisis.... Read full article
Business groups on Wednesday expressed appreciation for Malacañang’s declaration of a state of national energy emergency, and the measures targeted to help cushion the impact of the Middle East conflict on the domestic economy.... Read full article
The local currency weakened further, closing at the 60-level this week amid investor caution due to the ongoing conflict in the Middle East.... Read full article
The peso closed at an all-time low of 60.10 against the U.S. dollar on Thursday after the U.S. Federal Reserve kept interest rates steady, while the local stock barometer snapped its two-day winning streak.... Read full article
"Just generally, we are not getting information that the manufacturers are actually, you know, letting go of people at this point in time," FPI chairperson Elizabeth Lee said on the sidelines of the FPI Summit 2.0 in Bonifacio Global City.... Read full article
In a statement Thursday, PDIC said the filings include 20 final ADPs and 26 partial ADPs, each representing a concrete step toward court-approved payouts.... Read full article