DAVAO CITY – The Department of Trade and Industry has issued a 60-day price freeze on basic necessities in the province of Davao Oriental following the declaration of state of calamity due to the doublet earthquake. Covered by the order from Oct. 13 to Dec. 12 are rice, corn, fresh meat, fish,...
Motorists may face a seesaw of fuel prices next week, with gasoline expected to roll back further while diesel is projected to increase. Based on the four-day Mean of Platts Singapore (MOPS), gasoline prices are expected to decrease by ₱0.5 to ₱0.10 per liter. Meanwhile, diesel is projected to...
Global tensions and tightening supply in Europe and the United States (US) continue to ripple through the local market, driving up the cost of diesel and kerosene for another week. Effective Tuesday, Sept. 30, gasoline will decline by ₱0.20 per liter, while diesel and kerosene are both increasing...
After a five-week streak of fuel price increases, gasoline prices are expected to drop in the final week of September. Based on the four-day Mean of Platts Singapore (MOPS), gasoline is expected to rollback around ₱0.50 to ₱0.80 per liter. However, diesel is expected to continue its increase by...
Security Bank Corp. is planning to raise at least ₱5 billion from its fixed-rate peso bond public offering, which kicked off on Monday, Sept. 22, and will run until Oct. 17, 2025. The bonds will have a minimum issue size of ₱5 billion with an oversubscription option, a tenor of five years, and...
Another wave of increase is expected next week, as fuel prices are expected to rise for the fifth consecutive week. Based on the four-day trading Mean of Platts Singapore (MOPS), gasoline could spike by around ₱1 to ₱1.20 per liter, while diesel could jump around ₱0.60 to ₱0.80 per liter....
Motorists will need to tighten their belts once more as fuel prices are anticipated to increase for the third week of September. Based on the four-day trading Mean of Platts Singapore (MOPS), gasoline could go up by ₱0.10 to ₱0.20 per liter, while diesel might increase somewhere between ₱0.30...
Motorists should brace for a potential fuel price increase next week, with per-liter costs for gasoline and diesel expected to rise by more than a peso due to global geopolitical tensions and sanctions. Based on the four-day trading average of the Mean of Platts Singapore (MOPS), the price of...
Filipinos are preparing for the festive season, but they 'll also face higher fuel prices at the pumps. Starting Tuesday, Sept. 2, gasoline will increase by ₱0.70 per liter, while diesel is set to climb by ₱1 per liter. Kerosene will also jump by ₱0.70 per liter. Major oil companies,...
Hard discount stores Dali and Robinsons Retail Holdings Inc. 's affiliate, O!Save, are giving stiff competition to traditional supermarket and convenience store chains by registering strong sales growth while expanding their reach in the retail market. Based on research by Abacus Securities...
Motorists will have to dig deeper into their pockets for gas and diesel starting next week, as local pump prices are poised for another round of increases. Based on the four-day Mean of Platts Singapore (MOPS), gasoline could rise ₱0.40 to ₱0.60 a liter, while diesel may increase by ₱0.80 to...
With the start of the “BER” months—a common phrase for September through December—motorists are bracing for another round of fuel price increases by the end of August. Effective Tuesday, Aug. 26, gasoline prices will climb by another ₱0.70 per liter, while diesel will go up by ₱0.50 per...
