BSP seen to hike by 50 bps this year
THE BANGKO Sentral ng Pilipinas (BSP) could raise benchmark borrowing costs by up to 50 basis points (bps) this year as the oil price...
US grants extension to import Russian oil, says PhilippinesÂ
MANILA — The United States has granted the Philippines’ request to extend a waiver to purchase Russian oil and petroleum products, the Philippine energy...
Iran war fertilizer squeeze could spell trouble for next year’s grain harvests
PARIS/SINGAPORE - Farmers around the world are facing the second surge in fertilizer prices in four years due to the Iran war. But with...
PSEi slides to near one-month low on war risks
THE MAIN INDEX sank to a near one-month low on Monday due to growing inflation risks due to the ongoing Middle East conflict, which...
Peso slips to near 1-month low amid fading peace deal hopes
THE PESO on Monday edged down to another near one-month low against the dollar as global crude oil prices went up as hopes for...
DoE: No yellow alerts in May
THE Department of Energy (DoE) does not expect yellow alerts in May but said these could be triggered by unplanned power plant outages.
“For May,...
Philippines’ 3-term school shift sparks worry over workload, learning gaps
KAYLA JOY T. AGANA had already mapped out the coming school year in her head — drop-offs before work, a steady weekly rhythm and a predictable calendar she could build her routine around.
Oil firms cut diesel, kerosene prices for third week in a row
MOTORISTS can expect another round of rollbacks this week, with diesel and kerosene prices set to decline for a third straight week.
PPP eyed for Casiguran port, airport developments
PLANS are being considered to develop port and airport projects in Casiguran, Aurora through public-private partnerships (PPP), according to the Aurora Pacific Economic Zone...
How Asia-Pacific is fighting a fuel shock that could get worse
Asian nations face the prospect of prolonged strain on crucial energy supplies as the conflict in the Middle East grinds past the two-month mark,...
Philippine stocks drop as peso hits record low
THE Philippine Stock Exchange index (PSEi) declined on Tuesday as investors stayed cautious amid the Middle East war and concerns over the peso’s continued...
ASEAN energy chiefs seek to advance oil security pact amid Mideast crisis
ENERGY LEADERS from Southeast Asian economies are aiming to accelerate the formalization of an agreement that seeks to enhance petroleum security, especially as oil-starved...