Puregold Price Club, Inc., Lucio Co’s retail group, reported a 14.6 percent growth in consolidated net income to P2.02 billion in the first quarter of 2021 from the P1.76 billion earned in the same period in last year. In a disclosure to the Philippine Stock Exchange, Puregold said consolidated...
Department of Agrarian Reform (DAR) Secretary Brother John Castriciones has appealed to traders to stop shortchanging farmers and start treating them fairly. Department of Agrarian Reform Secretary Brother John Castriciones (Photo courtesy of DAR) This, after Castriciones was shocked to hear that...
Petroleum prices are expected to increase again by Tuesday next week, based on the calculation of the oil companies. According to the industry players, gasoline prices are expected to rise by P0.60 to P0.70 per liter, while diesel and kerosene will potentially go up by P0.65 to P0.75 per...
Households can breathe easy on their cooking fuel budgets this month as the price of liquefied petroleum gas (LPG) will be on a rollback of P3.20 per kilogram or an aggregate P35.20 for the standard 11-kg cylinder patronized by most residential users. As of press time, the LPG industry players that...
A traceability system that will enforce the strict accreditation of livestock and poultry traders and retailers in the country will be established in an attempt to curb potential price manipulation in the meat and poultry sectors, the Department of Agriculture (DA) said. (Photo courtesy of the...
Oil companies have advised of higher prices this week at the scale of P0.45 per liter for gasoline; and P0.35 per liter for diesel products as advised by the oil companies. Another commodity that will have a price hike of P0.65 per liter this week is kerosene, which is an essential fuel used in...
Filipino consumers will need to beef up their fuel budgets as prices at domestic pumps could slightly rise again next week based on the calculations of oil industry players. For gasoline products, the estimates would be an increase of P0.40 to P0.50 per liter while diesel by a marginal P0.25 to...
As global oil prices swung to new highs last week, price increases at Philippine pumps are anticipated again next week. Based on the calculation of the oil companies, the highest increase for kerosene products could be P0.85 to P0.90 per liter. This commodity is largely regarded as a base for...
With the easing of quarantine protocols this week, Filipino motorists can benefit from the marginal rollback in pump prices implemented by the oil companies at the scale of P0.25 per liter for gasoline, and P0.10 per liter for kerosene products....
The Philippine government will no longer extend the price ceiling on pork and chicken in Metro Manila, but will impose a price cap or suggested retail price (SRP) on imported pork only starting Friday, April 9. Agriculture Secretary William Dar announced during Wednesday, April 7 virtual briefing,...
The validity of Executive Order (EO) 124, which imposed a price ceiling on pork and chicken in Metro Manila, will end this week, and the government and private sector have two completely different sentiments about its effectiveness. For one, Noel Reyes, the spokesperson of the Department of...
Gasoline prices at petroleum pumps will increase by P0.65 per liter this week; while diesel and kerosene prices will marginally go up by P0.05 per liter, based on the pricing notices sent by the oil companies. But for industry player Cleanfuel, the upward adjustment it implemented this week was...
