Filipino motorists will need to cough up additional amounts in their fuel budgets as the price of diesel and kerosene products will increase by P0.35 per liter this week, based on the pricing advisories of the oil companies. The price of gasoline, which is the other commodity in the weekly price...
Finance Secretary Carlos Dominguez on Tuesday, April 27, defended their recommendation to President Duterte to sign Executive Order 128, which reduces tariff on the importation of pork products. (MANILA BULLETIN File photo/Keith Bacongco) In a virtual presence during a public hearing by the Senate...
The validity of Executive Order (EO) 124, which imposed a price ceiling on pork and chicken in Metro Manila, will end this week, and the government and private sector have two completely different sentiments about its effectiveness. For one, Noel Reyes, the spokesperson of the Department of...
Consumers’ pockets will finally experience slight relief as prices at petroleum pumps are anticipated to be on moderate rollback next week. Oil companies have calculated prospective price reduction of P0.40 to P0.45 per liter for diesel products; and marginal downward adjustment of P0.10 to P0.20...
Expenses for fuel will take its pinch on consumers’ pockets again this week, with substantial increases calculated across products that are retailed at the pumps due to the continuously rising prices in the world market. Based on estimates of the industry players, gasoline prices will go up by...
Filipinos can expect higher meat prices as the cost of animal feed ingredients, primarily corn and soybean, has been on an uptrend worldwide. In a virtual briefing on Monday, Feb. 22, Asis Perez, convenor of food security advocacy group Tugon Kabuhayan, has raised concerns over the rising prices of...
Some of the country's agri-fishery commodities, such as rice, pork, fish, and chicken, were sold in select markets in Metro Manila higher than their suggested retail price (SRP) almost throughout the holidays. Based on the latest price monitoring report of the Department of Agriculture (DA), SRPs...
For the first time in the reporting of the Bangko Sentral ng Pilipinas’ (BSP) Residential Real Estate Price Index (RREPI), residential property prices fell in the third quarter by 0.4 percent year-on-year due to weak demand brought on by the COVID-19 pandemic. On a quarter-on-quarter basis, RREPI...
Motorists using diesel in their vehicles will be shelling out additional P0.60 per liter; and P0.50 per liter for gasoline, based on the upward adjustments implemented by the oil companies this week. For kerosene, the industry players also sent pricing advisory notices that this fuel commodity will...
It will be another period of added expenses for Filipino motorists next week as pump prices are anticipated to rise by P0.50 to P0.65 per liter across products. Based on the calculation of the oil industry players, gasoline prices will inch up by P0.50 to P0.60 per liter; while diesel will be...
NEDA cites effects of typhoons, restrictions on public transport The rate of increase in consumer prices in November quickened to its fastest pace in nearly two years due to recent typhoons as well as government restrictions on public transport, the National Economic and Development Authority...
The harvest season for rice is over, but palay prices are still falling, a data from the Philippine Statistics Authority (PSA) showed. During the fourth week of October, the average farmgate price of palay fell by 0.4 percent to P15.36 per kilogram (/kg), compared to its level of P15.42/kg in...
