Happy days are back for consumers filling up their vehicles with diesel products, as this commodity will be on price rollback of P3.95 per liter by Tuesday, Nov. 29. Gasoline products, on the other, had been reduced by P0.85 per liter while kerosene prices had been slashed by P2.65 per liter, based...
As Christmas holidays inch closer, Filipino consumers will receive new round of gifts at the pumps next week with petroleum prices anticipated to have heftier rollback by Tuesday, Nov. 29, according to oil companies. Calculation by industry players showed diesel products will have bigger price cut...
The Department of Trade and Industry (DTI), led by Secretary Alfredo Pascual, found all weighing scales in the Marikina Public Market and supermarkets in the city as functioning well and accurate. Trade and Industry Secretary Alfredo Pascual (left) and Marikina City Mayor Marcelino "Marcy" Teodoro...
Vehicle owners using diesel fuel will benefit from a relatively hefty price rollback of P2.15 per liter this week, while gasoline users will just experience marginal price decline of P0.40 per liter, as announced by the oil companies. For kerosene, which is an essential commodity for the aviation...
Filipino motorists will have extended "happy days" next week, as prices at domestic pumps will be on fresh round of rollback by Tuesday, Nov. 22, based on the calculations of the oil companies. Industry players estimated that the price of diesel will go down by P2.10 to P2.40 per liter, while...
Oil firms are implementing P0.90 per liter increase on gasoline prices while diesel prices are being reduced by P0.30 per liter. Kerosene, which is the other product in the triumvirate of weekly price swings, is going up by P1.35 per liter, based on the pricing adjustment notices sent by the oil...
PHNOM PENH, Cambodia—President Ferdinand Marcos Jr. on Saturday asked US President Joe Biden to use his country's clout to control rising prices of fuel. At the 10th Association of Southeast Asian Nations (ASEAN)-US Summit here, Marcos appealed to Biden to take advantage of his country's...
There will be an extended heavier financial burden on motorists filling up their vehicles with gasoline products next week, as the price of this commodity will rise again by P0.55 to P0.85 per liter, based on the calculation of the oil companies. For diesel products, there could be a marginal...
A rookie congressman is prodding the House leadership to quickly take up his proposal to establish "Kadiwa Agri-food Terminals" in every city and municipality as a way of tempering the problem of costly basic commodities amid fast inflation. AGRI Party-list Rep. Wilbert T. Lee (Facebook) “Amid...
Addressing high inflation is the top priority of President Marcos’ economic team, the Department of Finance (DOF) said after consumer prices further accelerated in October to almost 14-year high. Finance Secretary Benjamin E. Diokno admitted that the stubbornly high consumer prices remain on the...
The rate of increase in consumer prices accelerated further in October, hitting its fastest pace in nearly 14 years, on the back of higher food costs, the Philippine Statistics Authority (PSA) said. On Friday, Nov. 4, the PSA reported that headline inflation clocked in at 7.7 percent last month,...
The Bangko Sentral ng Pilipinas (BSP) said it is supporting the national government’s initiatives aimed at boosting the distribution of key food products and address supply-side pressures that exacerbate inflation. In a statement, the BSP said on Tuesday, Oct. 25, that addressing high consumer...
