Phl eyes diesel phase-down for 30% oil cut by 2030
The Philippines unveils an ambitious plan to cut oil reliance by 30% by 2030, focusing on reducing diesel use in industries, farms, and island communities…
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28,706 results for “diesel price cut forecast PH”
Philippines wants diesel phase-down for 30% oil cut by 2030
The Philippines unveils an ambitious plan to cut oil reliance by 30% by 2030, focusing on renewable energy, electrification, and efficient technologies to…
Trump moves to cut diesel costs with order on tax-free fuel
President Trump signs an executive order allowing tax-free red-dyed diesel on public roads, aiming to ease surging fuel costs ahead of midterm elections. Learn…
IMF cuts Philippine growth forecasts for 2026, 2027
The IMF has lowered its Philippine growth forecasts for 2026 and 2027, citing weaker-than-expected public investment, delayed infrastructure spending, subdued…
ADB cuts Philippine growth forecasts for 2026, 2027
ADB cuts its Philippine growth forecasts for 2026 and 2027, citing the Middle East conflict, weaker investment, El Niño risks and slower public infrastructure…
ADB cuts Philippine growth forecasts for 2026, 2027
The Asian Development Bank (ADB) has lowered its growth forecasts for the Philippine economy for both 2026 and 2027, citing the prolonged Middle East conflict,…
AMRO cuts 2026 growth, inflation forecasts
AMRO cut its 2026 Philippine GDP growth forecast to 3.4 percent amid weaker consumption, subdued investment, high energy prices and external risks, while…
AMRO cuts 2026 growth forecast to 3.4%
The Philippine economy is expected to slow sharply this year as higher inflation, weaker private consumption and subdued public investment weigh on growth,…
Palace pushes faster infrastructure spending after GDP forecast cut
The Palace is pushing faster infrastructure spending after cutting the Philippines’ 2026 GDP growth forecast to 3.5%-4.5%. Officials vow to accelerate public…
Gasoline price cut obscured by hikes in kerosene, diesel costs
Overshadowing the expected rollback of up to P1.70 per liter for gasoline, effective today are hefty increases of P3.77 to P5.77 per liter of diesel and from…
Diesel slips back to double digits after oil price cut
Diesel prices in Metro Manila are set to drop back to double digits after the latest oil price rollback, with cuts of P24.94 per liter and gasoline and…
Gov’t ditches tax cuts on gas, diesel
Filipinos were anticipating the suspension or reduction of the excise tax on gasoline and diesel to preserve their purchasing power.
No meaningful relief from gas, diesel tax cuts – DOF
Finance Secretary Frederick Go says suspending excise taxes on gasoline and diesel would offer little relief as global market forces drive prices, while the…
Mideast conflict triggers price hikes past march BSP forecast
Electricity, food, postharvest, transport, and logistics costs for rice all grew due to higher fuel charges. Inflation rose 4.1 percent in march from 2.4…
UN cuts Phl 2026 growth forecast to 5.7%
UN-DESA projects Philippine GDP growth at 5.7% in 2026, revising its outlook downward amid governance concerns, while cutting its inflation forecast to 2.3% as…
World Bank cuts Phl 2025 growth forecast to 5.1%
The World Bank lowers the Philippines’ 2025 growth forecast to 5.1% due to weaker investment, soft FDI, and domestic disruptions, but expects gradual recovery…
ADB to cut Phl 2026 forecast following ‘floodgate’
Asian Development Bank Country Director Andrew Jeffries has confirmed that ‘we are revising things downward.’ He emphasized that ‘in light of’ the ongoing…
ADB to cut Phl 2026 forecast following floodgate scandal
ADB will cut its 2025 and 2026 growth forecasts for the Philippines, citing the floodgate scandal’s impact on GDP and investor confidence ahead of its new…
DOE forecasts slight fuel price cuts starting 27 May
The Department of Energy projects slight rollbacks in fuel prices on May 27, with diesel and kerosene set to decrease and gasoline possibly remaining unchanged.