Seaoil and Petron will reduce diesel prices by PHP20.89/liter at 6 a.m., while Jetti Petroleum will cut diesel prices by PHP2.70/liter.... Read full article
The local bourse's main index shed 0.72 percent to 6,054.05 points, and the broader All Shares by 0.65 percent to 3,386.52 points.... Read full article
In a statement, Federation of Philippine Industries (FPI) Chairperson Elizabeth Lee said the oil price cut “is good news for Philippine industry, and we commend the government for its swift action and implementation.”... Read full article
The move marks a major escalation in the conflict that began when the US and Israel launched military operations against Iran on Feb. 28.... Read full article
The BIR posted the full list of 2,263 VAT-exempt drugs Monday, as endorsed by the Food and Drug Administration and covered by Revenue Memorandum Circular (RMC) No. 27-2026 issued April 8.... Read full article
Under FIRB Resolution No. 005-2026 issued Friday, investment promotion agencies (IPAs) are authorized to allow up to 90 percent WFH for registered business enterprises (RBEs) with registered projects or activities.... Read full article
The Philippine Stock Exchange Index (PSEi) rose 0.14 percent to 6,098.21, while the broader All Shares index fell 0.19 percent to 3,408.53.... Read full article
A new private sector-led electric bus program is being positioned as both an economic buffer and a climate solution, as the government moves to reduce the country’s exposure to volatile global oil prices.... Read full article
FDIs include investments made by a non-resident direct investor in a resident enterprise, where the investor owns at least 10 percent equity, and investments made by non-resident subsidiaries or associates in their resident direct investor.... Read full article
In its April 2026 Asian Development Outlook (ADO) released Friday, the ADB trimmed its Philippine economic growth forecast to 4.4 percent for 2026 from its earlier projection of 5.3 percent.... Read full article
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