Starting next month, the Department of Trade and Industry (DTI) will implement a price hike on 63 items under basic necessities and prime commodities (BNPC) due to mounting pressure from manufacturers. Fuel prices are also poised for a hefty surge next week, with analysts predicting an increase of...
Brace yourselves for a shock at the gas station as fuel prices are poised for a hefty surge next week, with analysts predicting an increase of over P2 per liter for diesel. Based on four days of trading on the Means of Platts Singapore (MOPS), along with movements in the international oil market,...
A total of 4,907,584 minimum wage earners in 14 regions benefited from salary adjustments in the country in 2024, the Department of Labor and Employment (DOLE) said on Monday, Jan. 13. DOLE data showed that private sector workers received daily wage hikes ranging from P21 to P75 under wage orders...
Motorists should brace for another round of fuel price increases as analysts expect the second hike of the new year. Based on the four-day Means of Platts Singapore (MOPS) and foreign exchange averages, gasoline prices could increase by P0.40 to P0.80 per liter, diesel by P0.45 to P0.80 per liter,...
Rizal 4th district Rep. Fidel Nograles (PPAB) Rizal 4th district Rep. Fidel Nograles is urging President Marcos to suspend the increase in the Social Security System’s (SSS) contribution rates, citing the need to protect workers burdened...
Senate Minority Leader Aquilino “Koko” Pimentel III (Senate PRIB) Senate Minority Leader Aquilino “Koko” Pimentel III has thrown his support behind calls to suspend the increase in the contribution rates of Social Security System (SSS)...
The holidays are over, and consumers face higher prices at the gas pumps this week. Starting Tuesday, Jan. 7, gasoline prices will increase by up to P1.00 per liter, while diesel will climb by up to P1.40. Kerosene will also see a price increase of up to P1.00. Shell Pilipinas, PetroGazz, Seaoil,...
Gabriela Women’s Party-list Rep. Arlene Brosas (PPAB) Gabriela Women’s Party-list Rep. Arlene Brosas is urging the government to suspend the increase in the Social Security System’s (SSS) contribution rates to 15 percent, arguing that it will...
The recent rollback in oil prices may be short-lived, as analysts forecast the first increase of the year. Based on the first four days of trading on the Means of Platts Singapore (MOPS) and the average foreign exchange rate, gasoline prices are anticipated to rise by P0.40 to P0.75 per liter next...
Household workers in Metro Manila will have a good start to 2025 as they are set to receive an increase to their monthly wage rate starting Jan. 4, the Department of Labor and Employment (DOLE) has announced. Wage Order No. NCR-DW-05, approved by the Regional Tripartite Wages and Productivity Board...
Motorists face another stressful holiday drive as gas and diesel prices are set to rise this week. Effective Tuesday, Dec. 24, the price of diesel will increase by P1.45 per liter, bringing it close to a P2 rise. Gasoline will also increase by P0.50 per liter, and kerosene by P0.75 per liter....
Motorists may need to brace themselves for the holiday season as Christmas week is anticipated to bring another round of oil price hikes. Based on four-day Means of Platts Singapore (MOPS) trading and the average forex rate, analysts expect gasoline prices to increase by P0.35 to P0.80 per liter,...
