Motorists can rest easy this week, as the price of gasoline products will be on rollback by P1.50 per liter, while diesel prices will also go down by P1.30 per liter, based on the announcement by oil companies. Industry players also sent notices for a price cut of P1.40 per liter for kerosene, an...
Progressive groups Kilusang Magbubukid ng Pilipinas (KMP) and Kilusang Mayo Uno (KMU) are set to stage a protest on Friday, April 28, to reiterate its calls for wage increase and to demand the lowering of the prices of basic commodities across the archipelago. This call of action will be held at the...
Ordinary Filipino consumers prioritize ready to eat food and hygiene products in their shopping basket in times of impending shortage of funds as well as during payday, according to a study. Packworks, a startup company providing a business-to-business (B2B) platform for sari-sari store owners, in...
The Department of Trade and Industry (DTI) Region 12 has issued Notice of Violation (NOV) to 23 unaccredited service and repair enterprises (SREs) on intensified efforts to protect consumers from unscrupulous businesses. According to DTI Region 12 statement, the office conducted a two-day operation...
Motorists filling up their vehicles with gasoline products will have easier budgets this week, as the price of this commodity will be on a heftier rollback of P1.40 per liter, based on the pricing advisories. For diesel products, there will be a leaner reduction of P0.70 per liter; while kerosene...
Consumers will have new round of financial breather at the pumps next week, as oil prices will be on rollback, according to estimates by industry players. Based on calculations, the price of gasoline products will be trimmed by P1.65 to P1.95 per liter, while diesel products will have a reduction of...
Motorists filling up their vehicles with diesel will experience a breather this week, as the price of this commodity will be down by P0.40 per liter, based on the pricing adjustment advisories of the oil companies. Conversely, gasoline products will have slight increase of P0.30 per liter; while...
Consumers filling up their vehicles with diesel products will get to be lucky next week as the price of this commodity will see between P0.40 to P0.70 per liter rollback, based on the calculation of the oil companies. For RON92 gasoline products, estimates portend a very slight reduction of P0.05 to...
The government should now focus on addressing supply constraints that caused high inflation, as President Marcos’ chief economic manager pointed out that monetary policy has already done enough to reign in demand. Finance Secretary Benjamin E. Diokno said that slower inflation recorded in March...
The pace of consumer price increases slowed for the second consecutive month in March, an encouraging sign in the government’s effort to tame the most pressing issue hounding the Marcos administration. Data from the Philippine Statistics Authority (PSA) released Wednesday, April 5, showed that the...
HONG KONG/RIYADH  – Oil prices soared almost six percent in Asian trade Monday morning after major producers led by Saudi Arabia announced a surprise cut of more than one million barrels per day. The West Texas Intermediate contract jumped 5.74 percent to $80.01 a barrel,...
Filipino households are in for a breather as price of liquefied petroleum gas (LPG) will be trimmed by a significant P9.18 to P9.20 per kilogram (kg) this month, bringing to a total P100.98 to P101.20 aggregate reduction for the standard 11-kilogram cylinder for home cooking. LPG firms that already...
