President Marcos assured the public that the ongoing tensions between Israel and Iran have not caused any significant disruption to the Philippine economy, despite earlier fears of a fuel price spike. “So far, there is no effect — there is no significant effect on the economy,” Marcos told...
Geopolitical tensions are expected to send ripples to local fuel prices this week, with motorists bracing for back-to-back price hikes starting Tuesday. Seaoil, along with other fuel companies that met with the Department of Energy (DOE) on Monday, June 23, announced that they will implement a...
President Marcos has directed the Department of Energy (DOE) to closely monitor the impacts of the ongoing tensions in the Middle East on fuel prices in the country. Marcos told the DOE to monitor closely in order to provide the necessary government intervention if the situation worsens and...
The National Tobacco Administration (NTA) stated that tobacco trading remains in full operation in the country, despite the onset of the rainy season, with farmers expected to earn more due to the high prices of the commodity. In a statement on Saturday, June 14, the NTA said trading centers for...
Motorists may feel some ease in their pockets next week, as oil prices are likely to get rollbacks Based on the four-day Mean of Platts Singapore (MOPS) trading, diesel prices may either retain their current price or decline by ₱0.30 per liter. Gasoline, on the other hand, has uncertain price...
After two consecutive price rollbacks, fuel prices are set to increase this week. Starting Tuesday, May 20, gasoline prices will increase by ₱1.20 per liter, diesel by ₱1.70 per liter, while kerosene will go up by ₱1.20 per liter. Shell Pilipinas, Caltex, Seaoil, PetroGazz, and CleanFuel are...
Motorists will need to tighten their belts after a two-week rollback in May, as oil prices are expected to increase next week. Based on the four-day trading at Mean of Platts Singapore (MOPS), gasoline may go up by somewhere between ₱0.95 and ₱1.40 per liter, while diesel could climb by ₱1.50...
Motorists are in for another break as fuel prices are slated to decrease again this midterm election week. Starting Tuesday, May 13, the price of gasoline will go down by ₱0.30 per liter, diesel by ₱0.90 per liter, and kerosene by ₱1.25 per liter. Shell Pilipinas and Seaoil are among the oil...
Motorists welcome some relief as petroleum prices dropped in the first few days of May, reversing last week 's increases. Effective Tuesday, May 6, gasoline prices will go down by ₱0.55 per liter, diesel by ₱0.65 per liter, and kerosene by ₱0.90 per liter. These marginal decreases were...
Department of Agriculture (DA) Secretary Francisco Tiu Laurel is open to kick off the pilot run of its ₱20-per-kilo program after the 2025 midterm elections, citing complications with the 10-day spending ban. Last week, the Commission on Elections (Comelec) issued a memorandum order to...
The Marcos administration is ready to spend ₱10 billion to ₱12 billion to subsidize the upcoming pilot run of its ₱20-per-kilo rice program in the Visayas region and Kadiwa ng Pangulo (KNP) stores, according to Agriculture Secretary Francisco Tiu Laurel. In a briefing on Tuesday, April...
Agriculture Secretary Francisco Tiu Laurel The Department of Agriculture (DA) announced that its initiative of selling rice at ₱20 per kilo will be expanded into the Kadiwa ng Pangulo (KNP) program and participating local government units (LGUs) nationwide, starting on Friday, May 2....
