Albay 2nd district Rep. Joey Salceda (Ellson Quismorio/ MANILA BULLETIN) The Philippines continues to feel the effects of the "abnormal" price of rice in global market, thus the higher inflation rate this past month. Economist-solon...
Consumer prices accelerated for the second consecutive month, driven by faster increases in food and transportation costs, the Philippine Statistics Authority (PSA) reported on Friday, April 5. Based on the PSA report, the the country's headline inflation quickened to 3.7 percent in March this year...
Consumers’ perennial woe of oil price hikes will have a crushing comeback at the domestic pumps next week, with cost increases projected to be in the vicinity of P1.00 per liter across products. According to the oil companies, the outcome of four-day trading in the regional market yielded...
Consumers will have diverging fate at petroleum pumps this week, as those using diesel will be cheered with price rollback, while those filling up their vehicles with gasoline products will bear added financial pain in their pockets. Based on the advisories of the oil companies, the price of...
Dinorado, sinandomeng, and other varieties in the market may soon have a healthier form as the International Rice Research Institute (IRRI) is developing a new rice variant that could lower the risk of developing diabetes, as well as lessen the demand for unlimited rice strategies in food...
Consumers will have mixed experiences at petroleum pumps next week as the price of gasoline is anticipated to increase; while diesel and kerosene prices will be on rollback, according to the estimates of the industry players. Based on calculations, the price of gasoline products will rise by P0.30...
The consumers’ agony of crucifixion will manifest at the gas pumps next week, as the oil companies already advised of big time oil price hikes. As reckoned from the estimates of the industry players from the outcome of four-day trading in the regional market, gasoline prices will have the...
Washington has granted Manila an additional raw sugar allocation that may enter the United States, the Office of the US Trade Representative (USTR) announced. In a statement, the USTR said it granted the Philippines 25,300 metric tons of additional sugar exports under the World Trade...
Consumers filling up their vehicles with gasoline products will feel very slight pinch on their pockets this week as the price of this commodity will rise by P0.10per liter; while diesel users will be luckier with P0.10 per liter rollback for the product. Meanwhile, for kerosene products which is a...
An earlier-anticipated rollback in pump prices had been demolished after Friday (March 15) trading, hence, the prices of gasoline and kerosene commodities have been calculated to go up slightly next week, according to the oil companies. The industry players estimated that the price of gasoline...
Motorists will have slight relief in their pockets this week as the price of gasoline products will be on P0.50 per liter rollback; while diesel prices will be pared by P0.25 per liter, according to the pricing advisories of the oil companies. Additionally, for kerosene which is a vital commodity...
Consumers will be perked up slightly next week, as oil prices will just be on modest rollback at the domestic pumps, based on the calculation of the oil companies. According to the industry players, the price of gasoline products will be trimmed by P0.55 to P0.95 per liter; while diesel prices will...