Consumers will feel anew the painful pinch of higher prices at the pumps this week as gasoline prices will rise by P1.00 per liter; and diesel prices will also climb by P1.20 per liter. Additionally, the price of kerosene products - that has direct effect on aviation fuel as well as other major...
As expected, the Bangko Sentral ng Pilipinas’ (BSP) Monetary Board has decided to reduce its target reverse repurchase (RRP) or policy rate by 25 basis points (bps) to 6.25 percent. The last time the BSP cut the benchmark rate was on Nov. 19, 2020, also by 25 bps from 2.25 percent to two percent....
Owing primarily to favorable outcome of its better inventory holdings, major oil firm Shell Pilipinas Corporation posted significant hike of 1,320 percent in its first half net income to P1.7 billion from relatively lean profit of P123 million in the same period last year. The company indicated...
De La Salle made every minute of its offseason count and wrapped it up as the 2024 World University Basketball Series champion three weeks before its title defense campaign in the UAAP Season 87 men’s basketball tournament. La Salle head coach Topex Robinson and Kevin Quiambao (UAAP...
Consumers will have a few more pesos to spend on their other basic needs this week, as fuel prices will be on significant rollback to the tune of P2.45 per liter for gasoline; and P1.90 per liter for diesel products. Kerosene, which is the other commodity in the triumvirate of weekly price...
De La Salle continues to take on its preseason exploits with sustained dominance after emerging on top of Perbanas Institute of Indonesia, 117-71, in the 2024 World University Basketball Series (WUBS) on Saturday, Aug. 10, in Tokyo, Japan. Reining UAAP MVP Kevin Quiambao Less...
CEBU CITY – Bohol Gov. Aris Aumentado has joined the Partido Federal ng Pilipinas (PFP), a national political party chaired by President Ferdinand R. Marcos Jr. FIVE governors led by Aris Aumentado of Bohol (second from right) take their oath as new members of President Ferdinand R. Marcos...
Surigao del Norte 2nd district Rep. Robert Ace Barbers (Contributed photo) Surigao del Norte 2nd district Rep. Robert Ace Barbers practically revealed on Thursday, Aug. 8 three names from the administration’s prospective Senate state for the...
"Unity is the key for us to move forward." This was how President Marcos explained why his party, the Partido Federal ng Pilipinas (PFP) allied with the Nacionalista Party (NP), saying leaders who will emerge victorious in the midterm elections next year must know how to rise above political...
Finance Secretary Ralph G. Recto stated on Wednesday, Aug. 7, that while the reduction of borrowing costs may still take place within the year, it is likely to happen later than August. During a press briefing at the Kapihan sa Manila Bay, Recto said that the decision to cut key policy rates by...
Senate President Francis "Chiz" Escudero sees nothing wrong in including the Bagong Pilipinas hymn and pledge in the Senate's Monday flag ceremonies. (MB file photo) "I allowed it as I don't find anything wrong (in its intention nor contents) with its inclusion in our Monday ceremonies," he said in...
Motorists will have another week of just slightly happy drive to the pumps this week as the price of diesel products will be on rollback by marginal P0.20 per liter; while gasoline prices will be reduced by a token P0.10 per liter. Additionally, kerosene products will be slashed by relatively...
