The National Economic and Development Authority (NEDA) said the government is ensuring stable and affordable food prices amid the implementation of the enhanced community quarantine (ECQ) in Metro Manila and stricter quarantines throughout the country. Screen Shot 2021-08-06 at 1.42.20 PM In a...
After successive eight weeks of price hikes, prices at domestic petroleum pumps will finally be eased with rollbacks next week in the range of P0.65 to P0.95 per liter across products. Based on the calculation of the oil companies, gasoline prices will likely be trimmed by P0.85 to P0.95 per liter;...
Filipino motorists will suffer another round of price hikes on their fuel consumption this week -- and this is already the third batch of increases for this month. 20369 As announced by the oil companies, gasoline prices will be up slightly by P0.10 per liter; while diesel and kerosene prices will...
Senator Francis Pangilinan on Sunday, July 18 expressed dismay that pork prices remain high despite the lower tariff on imports, saying the government should restore to its original 20 to 30 percent levels to help hog raisers recover from the African swine fever. “It’s been three months since...
The slight weakening of global oil demand recently will just trigger slight adjustments in pump prices next week amid pressure from the strengthening US dollar. 19872 Based on the calculation of the industry players, gasoline prices will likely be unchanged or it could redound to a price hike of...
The Department of Finance (DOF) expects the elevated rate of increase in food prices would peak this month due to rising volume of meat imports that boosted domestic supply. In a statement on Wednesday, July 14, Finance Undersecretary and Chief Economist Gil S. Beltran said that food price...
Senator Imee Marcos has appealed for the suspension of the imposition of the 12-percent value-added tax (VAT) on oil products for a year while the country continues to grapple with the COVID-19 pandemic and its impacts to the economy. 18997 The chairperson of the Senate Committee on Economic...
Filipino consumers are in for a tighter financial squeeze this week, as fuel products will be rising anew – and it will be a big-time hike of P1.15 per liter for gasoline products; and P0.60 per liter for diesel. The other commodity that will have higher prices in the triumvirate of product cost...
Don't you wish you knew the pump fuel prices at a specific gasoline station before even going there? (Photo from DOE Facebook page) Motorists will have this convenience soon thanks to a partnership between the Department of Energy (DOE) and motorcycle taxi riding service Angkas. The partnership...
With continued rally in prices in the world market, Filipino consumers will need to cough up heftier budgets this week for their fuel usage, as the price of gasoline will increase by P0.75 per liter; and diesel by P0.70 per liter. The other commodity that will have higher price this week is...
Department of Trade and Industry (DTI) Secretary Ramon Lopez just gave a timely assist to local construction companies amid the alleged skyrocketing of metal prices in the ongoing coronavirus disease (COVID-19) pandemic. DTI Secretary Ramon Lopez (Ali Vicoy / File photo / MANILA BULLETIN)...
As global oil prices inched higher to $73 per barrel at end of trading week, Filipino consumers will be squeezed further next week with domestic pump prices expected for heftier increases. Based on the calculation by oil companies, gasoline prices could climb P0.70 to P0.80 per liter; while diesel...
