Unabated rise in oil prices, including the next round that will take effect this week, has worsened the adverse economic effects of the 2019 novel coronavirus disease (COVID-19) pandemic to Filipino families. Asst. Minority Leader and Gabriela Women’s Partylist Rep. Arlene Brosas warned on...
It’s a bit of mid-year sting on consumers’ pockets; as gasoline prices will rise by a hefty P1.00 per liter this week; while diesel prices will have upward adjustment of P0.65 per liter. Another fuel commodity kerosene will also have higher prices this week by a scale of P0.70 per liter, as...
The government is not pleased with the latest round of price increase of petroleum products during the coronavirus pandemic but appeared helpless in preventing the spike. (MARK BALMORES / MANILA BULLETIN FILE PHOTO) Presidential spokesman Harry Roque acknowledged that oil prices are driven by world...
Senate President Vicente Sotto III said on Wednesday, June 16, that he does not see the need to call Cabinet officials for an executive session on specific prices of COVID-19 vaccines. A health worker shows Sputnik V coronavirus vaccines at a vaccination hub in Taguig City on May 4, 2021. (Ali...
Puregold Price Club, Inc., Lucio Co’s retail group, reported a 14.6 percent growth in consolidated net income to P2.02 billion in the first quarter of 2021 from the P1.76 billion earned in the same period in last year. In a disclosure to the Philippine Stock Exchange, Puregold said consolidated...
Department of Agrarian Reform (DAR) Secretary Brother John Castriciones has appealed to traders to stop shortchanging farmers and start treating them fairly. Department of Agrarian Reform Secretary Brother John Castriciones (Photo courtesy of DAR) This, after Castriciones was shocked to hear that...
Petroleum prices are expected to increase again by Tuesday next week, based on the calculation of the oil companies. According to the industry players, gasoline prices are expected to rise by P0.60 to P0.70 per liter, while diesel and kerosene will potentially go up by P0.65 to P0.75 per...
Households can breathe easy on their cooking fuel budgets this month as the price of liquefied petroleum gas (LPG) will be on a rollback of P3.20 per kilogram or an aggregate P35.20 for the standard 11-kg cylinder patronized by most residential users. As of press time, the LPG industry players that...
A traceability system that will enforce the strict accreditation of livestock and poultry traders and retailers in the country will be established in an attempt to curb potential price manipulation in the meat and poultry sectors, the Department of Agriculture (DA) said. (Photo courtesy of the...
Oil companies have advised of higher prices this week at the scale of P0.45 per liter for gasoline; and P0.35 per liter for diesel products as advised by the oil companies. Another commodity that will have a price hike of P0.65 per liter this week is kerosene, which is an essential fuel used in...
Filipino consumers will need to beef up their fuel budgets as prices at domestic pumps could slightly rise again next week based on the calculations of oil industry players. For gasoline products, the estimates would be an increase of P0.40 to P0.50 per liter while diesel by a marginal P0.25 to...
As global oil prices swung to new highs last week, price increases at Philippine pumps are anticipated again next week. Based on the calculation of the oil companies, the highest increase for kerosene products could be P0.85 to P0.90 per liter. This commodity is largely regarded as a base for...
