Motorists using gasoline gasoline fuel will need to beef up their budget as the price of this commodity is expected to rise by P1.35 to P1.65 per liter, based on the calculation by oil companies. For diesel products, the estimated price hike will be leaner at P0.30 to P0.60 per liter, while ...
Admitting that his administration has yet to bring down rice prices to its lowest level, President Ferdinand “Bongbong” Marcos Jr. said on Monday, July 17, it was nevertheless “doing everything” to achieve that dream for Filipinos. President Ferdinand Marcos Jr. speaks during the nationwide...
Big-time oil price hike across products await motorists next week, based on advisories by oil companies. Based on the calculation of the industry players, the price of gasoline will rise by as much as P1.90 to P2.30 per liter; while diesel prices will also climb by P1.95 to P2.35 per liter. For...
President Ferdinand "Bongbong" Marcos Jr. is expecting a more stable and cheaper energy prices for the Filipino people with the expanded development of Malampaya gas field and the blending of imported liquified natural gas (LNG). In a meeting with Prime Energy Resources Development in Malacañang,...
Motorists will gain financial relief at the pumps this week as the price of gasoline and diesel products will be on rollback by P0.70 per liter, based on the pricing adjustment advisories of the oil companies. For kerosene products, the industry players similarly announced price cuts of P0.85 per...
Consumers will have a bit of luck in the days ahead as liquefied petroleum gas (LPG) prices will be on rollback by P3.70 to P3.73 per kilogram (kg) this July, while prices at the domestic pumps will likewise be on downtrend by Tuesday (July 4), based on the calculation of the industry players. For...
Trade and Industry (DTI) Secretary Alfredo E. Pascual ordered Friday, June 6, a price freeze on basic goods in Albay following the declaration of a state of calamity in the province due to the continued unrest of Mayon Volcano. "Through DTI's provincial office in Albay, I have ordered a price freeze...
An expansive range of stakeholders from the Central Visayas business community expressed “strong opposition” on the proposed P150 daily minimum wage hike, warning of an “inflationary effect” once such measure by the legislative branch is passed into law. A joint statement from Central...
A "differentiated pricing" is being proposed on the offshore wind (OSW) technologies that shall be deployed for projects in the country to consider divergent cost calculations on tariffs for the fixed bottom and floating OSW solutions. In a briefing with the media, Pierre-Antoine Tetard, vice...
There will be a fleeting moment of financial relief on consumers’ pockets next week, as prices at the domestic pumps will be on rollback, based on the calculation by oil companies. According to the industry players, the price of gasoline products will be trimmed by P0.45 to P0.75 per liter; while...
Trade and Industry Secretary Alfredo E. Pascual said that based on the agency’s market monitoring, supplies of basic goods in the groceries are enough for the next 2-4 weeks. Pascual made this assurance after meeting with manufacturers of basic necessities and prime commodities (BNPCs) as...
Consumers will have mixed emotions on their drive to petroleum pumps this week, as gasoline users will have their pockets squeezed by a relatively hefty spike; while diesel prices would be unchanged. The industry players announced that gasoline prices will rise by P1.10 per liter as had been...
