Lucio Co-led grocery retailer Puregold Price Club Inc. reported an 8.8-percent improvement in consolidated net income to ₱11.3 billion in 2025 from the ₱10.4 billion earned in 2024, driven by strong topline growth complemented by better gross margins. The firm disclosed to the Philippine Stock...
Police teams will be keeping an eye on illegal fare hikes amid reports that some buses and other public utility vehicles (PUVs) are overcharging their passengers, citing rising fuel costs as the reason. PNP chief Gen. Jose Melencio C Nartatez, Jr. said the move is intended to assist the Land...
While the government assured that there will be no increases on prices of basic goods until April 16, possible increases beyond that may be inevitable, Malacañang said. Thus, they will make further appeal to manufacturers to keep the prices stable beyond April 16. "[N]angako po ang mga...
Amid the ongoing conflict in the Middle East that had pushed fuel prices, including liquified petroleum gas (LPG), to record highs, small eateries in Manila continue to grapple with the volatile economic situation, forcing them to turn to traditional and often cheaper alternatives just to keep...
Manila City Mayor Francisco "Isko" Moreno Domagoso announced on Tuesday, March 31, that the city government is increasing its subsidy for jeepney drivers participating in its "Libreng Sakay" initiative from P3,000 to P3,500 following the overwhelming success of the program 's rollout and the...
Eight bus companies and operators are now in trouble after they were accused of charging their passengers with additional fare without the approval of the national government. The Land Transportation Franchising and Regulatory Board (LTFRB) said it already issued a show cause order (SCO) against...
A total of 23,630 beneficiaries belonging to various transport groups and sectors in Manila have received the P5,000 fuel subsidy courtesy of the national government as aid amid the skyrocketing of fuel prices caused by the Middle East war, Manila Mayor Francisco "Isko Moreno" Domagoso said on...
The Philippine National Police (PNP) is working closely with the Department of Trade and Industry (DTI) and local government units (LGUs) in preventing unauthorized price increase in basic goods especially this Holy Week. PNP chief Gen. Jose Melencio C. Nartatez, Jr. said the move is intended to...
Negros Occidental 3rd district Rep. Javier Miguel "Javi" Benitez has filed the proposed Resilient Economy and Stabilization for Crisis and Urgent Emergencies (RESCUE) Act, in response to the persisting fuel price crisis. Benitez said the measure was designed to establish a more comprehensive and...
A bill seeking to classify gasoline, diesel and other petroleum products as basic necessities, making them under the government’s price control mechanism has been filed in the Senate. Sen. Paolo “Bam” Aquino IV filed Senate Bill No. 2011, saying the proposed law will address the gap in...
The Manila City government recorded over 28,000 commuters who benefitted from the first day of its "Libreng Sakay" program on Monday, March 30, aimed at providing the public with free rides while the city government subsidizes the daily earnings of participating jeepney drivers. First announced by...
Senator Francis “Kiko” Pangilinan is pushing for more government interventions to protect farmers and fishers from the mounting economic pressures caused by the ongoing conflict in the Middle East. Pangilinan warned that escalating tensions in the region are already contributing to rising...
