-
Peso sinks to new all-time low of P61.888 to US dollar
The Bangko Sentral ng Pilipinas (BSP) said following higher inflation estimates from the risks of El Niño and the prospect ... -
Oil down as traders weigh US sanctions threat against Iran
BY AGENCE FRANCE-PRESSE Oil prices fell for a second day as traders judged the risk of renewed military strikes on ... -
Tesla, 8 other automakers begin record vehicle recall in China
BY REUTERS BEIJING – Tesla and eight other automakers said on Friday they will recall a total of about 4.3 ... -
Fuel rollback possible next week as world oil prices continue to slide
Improving situation in the Middle East prompting a possible rollback in fuel prices next week. World oil prices continued to ... -
Electricity spot market prices drop in July-IEMOP
Independent Electricity Market Operator of the Philippines (IEMOP) said electricity rates in the three power markets in the Philippines have ... -
Oil price rises after Iran says it stops ships in Hormuz
BY REUTERS CAIRO/DUBAI – Oil prices rose on Friday after Iran said it had stopped two vessels seeking to exit ... -
Malacañang says no suspension of P85 wage hike
Malacañang announced that it has no plans of suspending the implementation of P85 wage hike for minimum wage earners in ... -
Supermarkets warn of price hikes amid rising fuel, wage, power costs
The Philippine Amalgamated Supermarkets Association (PAGASA) said consumers may soon face higher prices of goods as businesses grapple with rising ... -
Diesel price hike of up to P10.50/L, gasoline P4.50/L seen next Tuesday
Hike in pump price of diesel and gasoline are expected next week following renewed tensions in the Middle East and ... -
ADB, World Bank and the IMF lower growth outlooks for the Philippines
The World Bank (WB), Asian Development Bank (ADB) and the International Monetary Fund (IMF) have lowered their growth outlook for ...
