(MANILA BULLETIN) Citing the recent pump price hikes, Makati City 2nd district Rep. Luis Campos Jr., is calling for the early release of the government’s P2.5 billion fuel cash subsidy to public transport drivers. “Assuming the conditions...
As global oil prices softened in the last two trading days, the estimated rollback for diesel and kerosene prices have gone heftier to P1.00 per liter level, based on the calculation of the oil companies. According to the industry players, the price of diesel will likely be trimmed by P0.80 to...
As small-sized eggs become more common during the summer months, the Department of Agriculture (DA) has clarified that this trend will not directly impact the overall egg supply in the country. In an interview with PTV on Friday, April 19, Agriculture Assistant Secretary and Spokesperson Arnel de...
Consumers filling up gasoline products in their vehicles will have dreaded stop at the oil pumps next week, as the price of this commodity is expected to increase; while diesel and kerosene prices will be on a more favorable track of rollback. Based on the mid-week estimates of the oil companies,...
The Philippine Statistics Authority (PSA) reported price hikes for several commodities like rice and cooking oil in the early days of April. The PSA said the average retail price of a kilogram of regular milled rice increased to P51.39 between April 1 and 5, from the previous month's prices of...
There will be new wave of consumer frustrations at the domestic pumps this week because of the fresh wave of oil price hikes enforced by the oil companies across all fuel commodities. Based on the price adjustment advisories of the industry players, the price of diesel products will rise by P0.95...
The squeeze on consumers’ pockets will continue next week, as the oil companies are anticipating new round of increase in the prices of diesel and kerosene products. Based on the outcome of whole week trading in the regional market, the industry players estimated that the price of diesel products...
The squeeze on consumers’ pockets will continue next week, as the oil companies are anticipating new round of increase in the prices of diesel and kerosene products. Based on the outcome of four-day trading in the regional market, the industry players estimated that the price of diesel products...
The Department of Agriculture (DA) and the National Food Authority (NFA) recently announced price adjustment for palay to boost farmer competitiveness. Agriculture Assistant Secretary and Spokesperson Arnel de Mesa said on Thursday, April 11, that the new buying price will range from P23 to...
Albay 2nd district Rep. Joey Salceda (MANILA BULLETIN) Prices of rice--the country’s staple grain--are so impactful that they actually affect the quality of jobs available to Filipinos. Thus, said economist-solon Albay 2nd district...
Motorists will be driving to their frustration at the pumps this week as the price of petroleum commodities will be on a new series of big-time price hikes as announced by the oil companies. Based on the pricing advisories of the industry players, the price of gasoline products will rise by P1.10...
An economist has cast doubt on the possibility of rice prices falling to P20 per kilo, citing the disruptive effects of persistent extreme weather events like El Niño on agricultural yields as factors that make such a price reduction improbable. Carlos Manapat, chair of the economics department at...
