Price-taker’s curse: Distant shocks and Filipino wallets
Like Tatooine at the Outer Rim, small economies such as the Philippines may seem far from the center of power, but they still get pulled into the consequences…
Tip: add a year in your query (e.g. Eala 2022) or use the year filter.
105,888 results for “oil price shock Philippines”
Like Tatooine at the Outer Rim, small economies such as the Philippines may seem far from the center of power, but they still get pulled into the consequences…
State-run Napocor has begun diesel deliveries to remote Philippine islands under a government supply deal with PNOC-EC, boosting fuel security for off-grid…
Ayala-backed Bank of the Philippine Islands is exploring loan restructuring, grace periods and liquidity-focused products to support 18 million customers hit…
Senator Loren Legarda’s Local Harvest Support Act of 2026 seeks to protect Filipino farmers and fisherfolk from price crashes by mandating ‘local first’ food…
Lawmakers explore solutions to rising fuel prices as Arthur Yap proposes long-term financing via Land Bank of the Philippines and Development Bank of the…
The United States’ blockade of the Strait of Hormuz escalates tensions with Iran, threatening global oil supply, raising fuel prices, and putting the…
The House of Representatives forms a joint committee to address the oil price shock in the Philippines, aiming to mitigate inflationary spillovers and support…
Sen. Win Gatchalian urges concessional loans for MSMEs to prevent layoffs as rising fuel prices threaten jobs and economic stability in the Philippines.
Rising fuel prices have forced modern jeepney operations in Metro Manila to drop from 9,000 to 1,000 units, a transport group said, as oil costs surge despite…
Meralco announces a slight power rate hike for April 2024, raising residential electricity charges by P0.5335 per kWh to P14.3496 amid global energy tensions…
The Monetary Board has decided to maintain the target reverse repurchase rate at 4.25 percent, with BSP Governor Eli M. Remolona Jr. noting that monetary…
DEPDev warns of potential inflation surge to 14.3% due to rising global oil prices, threatening economic growth in the Philippines. Secretary Arsenio Balisacan…
The real problem is delayed action. Many families think rising oil prices are only temporary. They do not adjust early.
The Energy Regulatory Commission is urged to implement power rate hikes gradually to prevent consumer price shocks amid the Middle East oil crisis. Senator Win…
The Department of Agriculture monitors Middle East tensions, warning that a prolonged US-Iran conflict could spike oil prices, raise production and shipping…
While this week’s domestic prices have not yet factored in the Middle East tensions, next week could see a significant increase.
Manila Mayor Isko Moreno ordered a 50 percent reduction in fuel consumption across city operations through Executive Order No. 7, citing global oil volatility…