International logistics and shipping firm DHL Express announced upcoming price adjustments for its services in the Philippines, set to take effect next year. In a statement on Friday, Sept. 27, Nigel Lockett, DHL Express Philippines country manager, said the average price increase will be 5.9...
The Bureau of Internal Revenue (BIR) has lowered the government-mandated floor prices for tobacco and vape products. Based on the updated BIR floor prices, the minimum retail costs for cigarettes, heated tobacco products, and vaporized nicotine have decreased, while non-nicotine products will...
It’s another week of drive to the gasoline stations that will come lighter on consumers’ pockets as the price of gasoline products will be on rollback by P1.00 per liter; and diesel product prices will be reduced by P1.30 per liter, according to the pricing advisories of the oil companies....
A significant weight will be lifted off from consumers’ pockets this week, as the price of gasoline products will be on hefty reduction of P1.55 per liter; while diesel prices will also go down by P1.30 per liter. Kerosene, which is another commodity that is not just essential to household...
The Department of Energy (DOE) will allot a lead time of at least eight months as preparation time for the targeted bid submission of investors under the planned green energy auction (GEA) for offshore wind capacities by next year. According to Energy Undersecretary Rowena Cristina Guevara, the...
The Department of Trade and Industry (DTI) has issued 43 notices of violations (NOVs) to companies that did not comply with the mandated price freeze in the wake of Typhoon Carina and the southwest monsoon. In a statement on Wednesday, Aug. 21, DTI Acting Secretary Ma. Cristina A. Roque said that...
Puregold Price Club Inc. (PGOLD), the grocery retail business of billionaire Lucio Co, posted a 12.5 percent growth in consolidated net income to P4.95 billion for the first half of 2024 from P4.4 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm...
A delivery timeframe of at least 3-5 years is being sought on the plan of the Department of Energy (DOE) for capacity tender of integrated renewable energy and energy storage system (IRESS) in the forthcoming green energy auction (GEA) round. In an interview with reporters, ACEN Corporation...
The Department of Trade and Industry (DTI) has deployed a monitoring team to verify compliance with the price freeze in supermarkets and grocery stores in Metro Manila, which are declared under state of calamity. Trade Secretary Alfredo E. Pascual said that the DTI has implemented a 60-day price...
(MANILA BULLETIN) Camarines Sur 2nd district Rep. LRay Villafuerte has reiterated the need for Congress to pass measure that makes it easier and quicker for the government to prevent undue hikes in the prices of food and other essential goods during...
Photo from Pixabay In response to the widespread devastation caused by typhoon Carina and the southwest monsoon (habagat), the Department of Health (DOH) announced on Friday, July 26 a price freeze on certain medicines in some of the affected areas. DOH released the list of medicines that will be...
The Department of Energy (DOE) has instructed players in the deregulated downstream oil industry to assess the quality of their fuel products before these are retailed to customers – primarily if there had been infiltration of floodwaters in their underground storage facilities or if some...
