Fuel prices are set to increase ahead of the celebration of Philippine Independence Day on June 12. Effective Tuesday, June 10, gasoline prices will inch up by ₱0.60 per liter, while diesel will go up by ₱0.95 per liter. Kerosene is also set to climb by ₱0.30 per liter. Shell Pilipinas,...
The Philippines’ motorcycle industry remains on an upward trajectory, with sales surging past 700,000 by the end of May, as demand for greater mobility and an affordable mode of transportation continues to sweep the nation. The latest figures from the Federation of Asian Motorcycle Industries...
Now in its 12th year, the Philippine Financial and Inter-Industry Pride (PFIP) held its annual Pride Summit, “Rising Tide,” on June 4, 2025, at the Shangri-La Hotel in Bonifacio Global City, Taguig City. As in previous iterations, this summit was the PFIP’s way of ushering in Pride Month...
The Jones Bridge in Binondo, Manila, is set to light up with a weekly lights and sounds show starting on Saturday, June 7, according to the Department of Human Settlements and Urban Development (DHSUD). This initiative is part of the ongoing revitalization of the Pasig River under the “Pasig...
The Philippine Chamber of Commerce and Industry (PCCI) is warning lawmakers about the severe ramifications of the lower chamber-approved ₱200 daily minimum wage hike, calling out its impact on the economy and job security. PCCI issued the statement following the House of Representatives’...
The Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) is strongly urging Congress to pass the 99-year land lease bill, viewing it as a historic opportunity to transform the nation into a leading investment powerhouse in Asia. In a statement on Wednesday, June 4, ...
President Marcos has approved the Coconut Farmers and Industry Development Plan (CFIDP) until 2028. Marcos signed issued Memorandum Circular No. 84 dated May 21 which approved and adopted the Coconut Farmers and Industry Development Plan 2024-2028. The CFIDP aims to provide targeted interventions...
The Department of Trade and Industry (DTI) reported a 71 percent surge in approved investments to ₱3.54 trillion under the Marcos administration from July 2022 to April 2025, driven largely by renewable energy projects. In a statement, Trade Secretary Cristina A. Roque said the total includes...
Motorists may feel some ease in their pockets next week, as oil prices are likely to get rollbacks Based on the four-day Mean of Platts Singapore (MOPS) trading, diesel prices may either retain their current price or decline by ₱0.30 per liter. Gasoline, on the other hand, has uncertain price...
Japanese cement company Taiheyo Cement Corp. expressed its gratitude to the Department of Trade and Industry (DTI) over its decision to impose provisional safeguard duties on cement imports that were found to be harming the local industry. In February, the DTI imposed duties of ₱400 per metric...
President Marcos ' directive for Cabinet resignations has sparked a mix of hope and apprehension in the local financial market, as some view it as a necessary step toward improved governance and economic performance, while others are concerned about potential market volatility during the...
Top South Korean companies, including the conglomerate Lotte Group, are planning to invest and expand into the Philippines, with a focus on food service, franchising, and retail modernization. In a statement, the Department of Trade and Industry (DTI) said Secretary Cristina Roque met with...
