The Department of Human Settlements and Urban Development (DHSUD) and the Department of Economy, Planning and Development (DEPDEV) approved higher price ceilings for socialized housing projects to enable larger and higher-quality homes nationwide. DHSUD Secretary Jose Ramon Aliling described the...
The Malabon Central Market was inspected by the Department of Agriculture (DA) on Monday, Nov. 24, to verify that vendors were complying with the city 's price freeze currently in effect. DA Assistant Secretary Atty led the inspection. Genevieve Velicaria-Guevarra, together with Assistant...
Diesel and kerosene prices are set for another increase next week, while gasoline is expected to remain steady or see a slight rollback, based on four-day trading averages. Diesel costs could rise by ₱0.80 to ₱1 per liter, while kerosene may see a sharper increase of about ₱1.35$per liter,...
Oil prices are set to rise next week, driven by stronger global demand, seasonal maintenance at downstream facilities, and the recent conclusion of the United States (US) government shutdown. Based on the four-day Mean of Platts Singapore (MOPS) average, gasoline prices are projected to increase by...
Cosco Capital Inc., tycoon Lucio L. Co’s retail holding firm, posted a 6.6-percent improvement in consolidated net income to ₱10.7 billion for the first nine months of 2025, up from ₱10 billion in the same period last year, as all its businesses grew with the economy. In a disclosure to the...
Tycoon Lucio Co’s grocery retail leader Puregold Price Club Inc. (PGOLD) posted a 5.6-percent improvement in consolidated net income to ₱7.3 billion in the first nine months of 2025 from ₱6.91 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the...
Following the declaration of a national state of calamity by President Marcos, the Department of Health (DOH) reminded the public and all pharmacies nationwide that a “price freeze” on essential medicines is now in effect. On Thursday, Nov. 6, President Marcos approved the recommendation of...
Motorists are bracing for yet another increase in fuel costs this week as global supply constraints and sustained demand push local pump prices higher for the fifth consecutive week for gasoline. Fuel retailers on Monday, Nov. 3, announced price adjustments, with gasoline rising by ₱1.7 per...
Oil prices are expected to rise again by the first week of November as growing seasonal demand meets tightened global supply due to ongoing sanctions. Based on the four-day trading average of Mean of Platts Singapore (MOPS), gasoline could climb at around ₱1.2 to ₱1.7 per liter, while diesel...
Security Bank Corp. has successfully raised ₱21 billion from the issuance of fixed-rate peso corporate bonds due 2030—more than four times its target size and the bank’s largest bond issuance to date. In a disclosure to the Philippine Stock Exchange (PSE), the bank said the bonds carry a...
Motorists will be hit with a big-time fuel price hike this week on the back of mounting global supply concerns driven by new sanctions on Russian oil giants and the prospect of increased worldwide demand. Effective Tuesday, Oct. 28, gasoline will increase by ₱1.20 per liter, while diesel will...
After a short break from rising costs, motorists should get ready for another jump in oil prices next week, as new global problems and sanctions on Russian oil push up the cost of crude. Based on the four-day trading average of Mean of Platts Singapore (MOPS), diesel could get an increase of around...
